College Gets Cheaper: Federal Loan Rates Set To Drop For '15-'16 Academic Year Well here's a sentence you don't see every day: it's about to get cheaper to pay for college. The bottom-line cost for those who need to borrow -- i.e, what students will pay when the diploma is in hand and the student loans are paid off -- is going down, at least for the 2015-2016 academic year. Thanks to the results of Wednesday's 10-year Treasury note auction, the rates on federal student loans will decrease by 0.37% for new loans disbursed on or after July 1, 2015.
How To Avoid This Top Retirement Scam Annuities are basically good products that guarantee retirement income. But you can pay way too much for them. Here's how to avoid getting fleeced.
Student Loan Repayment Tips for May Grads When you first graduate college, student loans are both the last and first thing on your mind. You want to know celebrate your graduation, but you're also thinking about how you're going to repay your education debt. Before you worry too much, the good news is you'll likely have a grace period before you have to start repayment.
The Asset Allocation Within Your Asset Allocation The greatest rebalancing bonus is comes from investment categories with a correlation below 0.85, but correlation varies significantly based on the time period measured. While most categories do not have correlations below 0.85, there are several that do. Too many, in fact, for all of them to be asset classes. This makes the selection of asset classes somewhat of an art.
Amazing Personal Finance Books Financial Experts Say Will Change Your Life To help you save time sifting through the 23,000 personal finance books listed on Amazon for your 2015 summer reading list, I asked some leading financial experts to recommend the most amazing in the field and summarize the key takeaways. Some of these will completely change your outlook on finances and may even change your life. 1. MONEY Master the Game: 7 Simple Steps to Financial Freedom by Tony Robbins The release of Tony Robbins’ new book is pivotal for firms that are fee-only and investor-focused because it highlights in a very public way the philosophies we’ve used for years. My guess is that an informed public will demand some revolutionary changes in investing. This book has the power to change investing forever. One of these important concepts is that the investment industry has historically been in favor of the seller, not the average investor, which is something investors need to know so they can work around the obstacles. This book helps individuals cut through investment myths and find better paths to progress. Robbins’ book covers this disparity and addresses asset allocation, fiduciary advice, and fees for trading or mutual fund management. Robbins also includes interviews with investment titans such as Warren Buffett, John Bogle, Charles Schwab, Carl Icahn, Boone Pickens, and David Swensen. Certain chapters speak to the very essence of simplicity and freedom in investing, including “Becoming the insider: Know the rules before you get in the game.” The concepts people can’t stop talking about in Robbins’ book have especially hit close to home with our team. Back in 1998, we deliberately modeled our client investment policies after institutional investors like Yale University, using similar principles as David Swensen – a.k.a. the $24 billion man and manager of the Yale University endowment. Swensen was interviewed for the book. For decades, investment products -- stocks, bonds, mutual funds -- have been manufactured mainly for the seller. They've been built around a great story, laden with cash and benefits for the selling stockbroker or fund manager. Eventually, the product finds its way to an actual investor who may or may not gather some rewards for owning it. Tony's book explains all that and so much more. It is a quality educational lesson for investors. It approaches all the topics that I relish for clients; it discusses asset allocation, fiduciary advice, fees for trading or mutual fund management. He offers up considerable detail and keeps the discussions relevant and lively. His interviews with investing titans alone are worth the price of the book. Like any good teacher, Tony builds some helpful lists to summarize the lessons. The book's sub-title "7 Simple Steps to Financial Freedom" is a fine start. Then he shatters nine financial myths and offers five steps to speed up financial success. The net result is a personal blueprint that is both easy to understand and follow. Readers can level the playing field and discover where to go for genuine help and advice. The Tony Robbins book is truly a pivotal development for investment firms. People are interested in a personal blueprint that’s easy to understand and follow. It’s even more exciting to know that what’s being talked about today in the investment world includes the core principles of simplicity and investor-focused freedom -- principles which can encourage more investors to move closer to the success they want. -- Dan Danford, founder and CEO of Family Investment Center with $130 million in assets under management in St. Joseph, Mo.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.
Public File Liaison:
Barbara Powell 270-467-0303 firstname.lastname@example.org
Station Contact Info:
WBKO 2727 Russellville Road Bowling Green, KY 42101-3976 Phone: 270-781-1313 After Hours Hotline: 270-781-6397 Fax: 270-781-1814