Author: Financiarul

Las Vegas is universally known as a top tourist attraction, but a recent list of convention destinations found that Sin City is also the nation’s leader in trade shows. According to the Casino City Times, the Trade Show Network News (TSNN) annual award for the top trade show destination in the U.S. went to Las Vegas, NV, for the 22nd consecutive year. TSNN announced Las Vegas as the winner as part of its “2015 TSNN Top 250 Trade Shows in … Continue reading “Las Vegas Named Top Trade Show Destination in the U.S. for 22nd Consecutive Year”

Donald J. Trump wants to Make America Great Again, but he’s recently drawn scrutiny for his claim that he could easily pay down the national debt in eight years. Politicians and economists generally cite the U.S. national debt as being somewhere around $19 trillion. Of course, that’s in addition to the estimated $11.9 trillion in personal debt held by U.S. households, so far. So could Trump actually use his famous business accolades and alleged genius to make the country’s $19 … Continue reading “Fact Check: Does Donald Trump’s Debt Plan Actually Work?”

The Obama administration announced a new rule on Wednesday, April 6, setting a higher standard for stock brokers. The new rule, known as the Fiduciary Standard, requires retirement advisors to act in the clients’ best interest above all. Previously, brokers were required to just recommend investments that could be considered “suitable” for the client. However, after reports of numerous rip-offs in which brokers were suggesting investments that would result in higher payments for themselves regardless of the effect on the … Continue reading “Obama’s New Rule to Protect Investors From Dishonest Brokers”

The Financial Industry Regulation Authority proposed a new rule last week that will provide questions that should be asked to the self-regulatory organization. NASDAQ reports that when member firms hire another firm’s representative, they must provide an electronic or paper “educational communication” from FINRA to former clients if they try to persuade them to move their assets. This written communication must be provided to clients when they are first contacted about transferring their assets. Regarding the ruling, FINRA officials said, … Continue reading “FINRA Rule to Provide Aid for Transferring of Assets”

Here’s a fun piece of trivia: Millennials will need about $2 million to retire comfortably. Unless you enjoy making fun of the youngest generation, that number is less is terrifying. People love to hate Millennials, or the generation born between 1982 and 1994. Even the word “Millennials” has been overused so much that the word itself can prompt Olympic-level eye rolling. But new data from USA Today should inspire sympathy for the Me Generation. No, it’s not the $1 trillion … Continue reading “How Much Will Millennials Need To Retire? You Don’t Want To Know…”