After many months of punditry and prognostication regarding the potential for the Federal Reserve to cut the federal funds rate in 2024, the agency finally did so at its September 17-18 meeting. The Fed lowered the target for the rate by 0.50%, or 50 basis points, to a range of 4.75% to 5.0%. This amount Read more
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You Bet Your Life: Actuarial Financial Planning
Here’s a sobering, inescapable truth: we’re all going to die. It’s a fact that nobody likes to think about for long, but our inevitable demise is a fact of life and keeping it in mind is a necessary part of financial planning. You shouldn’t let the grimness of the Grim Reaper’s inevitable arrival keep you Read more
Hide and Seek: Loved Ones’ Assets May Not Be in Plain Sight
After a loved one passes away, it may fall to you to find and collect their assets. Not just those in obvious places, such as bank accounts, insurance policies, and property (i.e., cars and houses). In addition to selling the property, it’s a good idea to search it thoroughly first for any valuables hidden by Read more
Exploring Esports in Las Vegas with the Emerald Groundhogs
As noted in a previous report, members of Bowen Asset Management were in Las Vegas from September 26 through 29 attending the “Emerald Groundhogs on Tour 2019” investment conference, an annual event presented by the Lancaster County-based firm Emerald Asset Management. As always, it offered a chance to find out about investment opportunities, social trends, Read more