Taxes have been around for a very long time indeed. If we look at the history of taxes in the United States, we notice a curious phenomenon… taxes rarely decrease over time. For some reason, taxes tend to go up! Guess what? They could be going up again! As cheerful as this may be to …

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Many people get life insurance for one reason:  To provide for their loved ones. But, this isn’t the only reason why you should consider getting life insurance.  We’ve created the following guide to help you answer the question: Do I Need Life Insurance? What Is Life Insurance? Life insurance is defined as an agreement contracted …

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With college tuition increasing and student loans becoming a real problem, the question presents itself: Is college still worth it? Many college students graduate and work jobs completely unrelated to their degree. But at least they are thousands of dollars in debt. That always makes the future seem bright!  Today on Wealth Talks, Tom and …

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Since 1980 the cost of college has increased 169% while the salaries of college graduates have only increased by 19%.  Inflation has more than tripled since 1980, as it would take $35.26 to purchase today (November of 2021) what $10.00 would have purchased in 1980.  Thus, a college education has become less valuable today than …

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There is a new rule pending approval which could dramatically change 401(k)s. If the ruling is approved, 401k plan managers, while choosing investments, will have to consider the ESG criteria (Environmental, Social and Governance factors) of investments for the plan. Generally speaking, fees on ESG funds are higher and there is some research which shows …

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A new rule of the Biden administration will force companies when considering which 401(k) plan to use, to focus on diversity issues, climate change and even political donations! The new Labor Department rule would make things such as donating to Black Lives Matter or building wind turbines carry as much weight as profitability.  And unfortunately, …

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Ever heard that? It seems to be a prevailing theme nowadays. Look to the experts. Don’t ask questions. Do what you’re told. Looking to the experts is fine but relying solely on them can be catastrophic. We have to exercise discretion and make our own decisions. Today on Wealth Talks, Tom and John discuss some …

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Mika Brzezinski, the co-host of MSNBC’s ‘Morning Joe’ show made this revealing comment when she felt threatened about her job security. “He is trying to undermine the media and trying to make up his own facts…he can actually control exactly what people think. And that, that is our job!” Whether you love her or hate …

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We live in a world of lies. This isn’t anything new or unique to this time in history. We’ve been living in a world of lies for a long time. So, who should we trust? The government? Yeah, not us either. On today’s episode, Tom and John share what we need to know to survive …

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