Buying a condo brings different responsibilities than buying a home. Here is what you need to know when buying condo insurance.
Equifax, one of the three credit monitoring services, admitted recently that hackers gained access to the sensitive identify and financial information in their database for 143 million people (44% of the U.S. population). The hackers exploited a website weakness from mid-May to July. Equifax learned of the intrusion on July 29th but did not disclose the information to the public until 40 days later on September 7th. The credit breach is about as bad as you could expect a breach to be. Much of the data acquired is timeless information that could be used for years.
The stock market continues to climb at a steady rate, and an increase in personal wealth may bring greater financial flexibility. However, increased personal wealth can also lead to much larger liabilities. Individuals with high net worth or those who are perceived to have high net worth are more likely to be sued.
The argument about which party is better for stock returns has been going on for decades. Leading up to the 2016 presidential election, the argument was made that the stock market does better with a Democratic president than a Republican president. After the election and the subsequent stock market rise, the argument has been made that Donald Trump as president will be great for U.S. stocks. In fact, the Trump administration has taken much of the credit for the great returns thus far in 2017.