This indicator of recession is approaching the point of no return. But stocks historically rise if the Fed cuts and the economy continues to grow.

It’s too early to announce the Goldilocks environment, even if the major asset classes at least point to a better opportunity for it. S&P 500 SPX Index Gained 5% this year, the high-tech Nasdaq Composite COMP It rose 8%, even with a seemingly daily influx of job cut announcements. Stay tuned on Thursday for a … Read more

I spoke to a financial advisor who was “very interested in talking about himself and his finances”. Should I run for the hills?

How can I be sure that I find a counselor who cares about me and my situation? Getty Images Question: I need a financial planner, as I am looking to review my current financial situation and goals. The last person I spoke to was more interested in talking about himself and his finances, which wasn’t … Read more

My husband and I rented our second home to our son and his wife. Now we want him to own this house, but we’re keeping the mortgage rate at 2.5%. How can we do that?

My husband and I purchased a second home two years ago, for $160,000, with a 30-year mortgage at 2.5%. We bought it for the sole purpose of renting it out to our son and his new wife. They were fresh out of university, just starting their careers. They have made this house their home. And … Read more