With over 11% unemployment, and more than 20,000 new applications for the week of August 10, Illinois' jobless woes are far from over. The $600 federal boost expired on the week ending July 25, leaving hundreds of thousands of families struggling to make ends meet.This post is not meant...
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Business credit is what enables your business to qualify for financing. Business credit bureaus keep records of the debts businesses had to pay and their credit information, so they have to qualify to get financed just like people do. Creditors, suppliers, insurance companies, and other organizations may all use...
Adding alternative investments to your portfolio can be part of your strategic asset allocation asthey can improve the return of the portfolio since they differ from the traditional stock and bondinvestments and they are not bound to the same constraints of the more traditional investments.A list of traditional alternative...
At the peak of the pandemic, Chicago's Mayor Lori Lightfoot announced tens of millions of dollars in relief for Chicago homeowners struggling to make house payments. Months later, that announcement feels nothing short of a PR-stunt. The application process was managed by NHS Chicago. They had created a section...
As you may know, some people often buy "books" as alternative assets. Book sales around the world are still much higher than e-books. The reality remains…that people like the idea of "possessing" stuff, something that they can hold, show around and simply take pride in "owning it"!
Since JK...
I had to write about this as I do not see any other channels covering it. Illinois'' unemployment department (IDES) ran into many issues since the pandemic began. The issues ranged anywhere from the unemployed waiting to receive benefits for weeks and sometimes months, to waiting for a "callback"...
No matter how devastating a disaster is, before the IRS can authorize any tax relief, FEMA must issue a major disaster declaration and identify areas qualifying for their Individual Assistance program. During the pandemic, the CARES Act had some similar provisions. Also, we witnessed similar mechanisms when President Trump...
There is no perfect formula when it comes to rebalancing a portfolio. In fact, there are several methods of rebalancing, two of the most common are calendar rebalancing which is done on a periodic basis and percentage of portfolio whereby thresholds are established.
Each investor has different needs or individual...
As a college student, your mind is pretty much on getting good grades and navigating the social landscape of college life. Anytime you think about your finance, it’s either because you’re checking to see if you have enough for a special hangout with friends for the weekend or you’re...
