Daniel Liberto

2 weeks ago | investopedia.com | Daniel Liberto

Statistics about people falling short of saving enough for retirement are commonplace. Many people struggle to put away a suitable amount to live on once they stop working. However, it's typically much harder for women, who tend to shoulder more responsibilities outside of work, including raising children and caring for older family members. Things are made worse by an advantage women typically have over men-a longer life expectancy.

3 weeks ago | investopedia.com | Daniel Liberto

Reading a book or a newspaper might not seem like an activity directly related to financial success, but famed investor Warren Buffett says it could be the key to securing a better financial future. Buffett, CEO of Berkshire Hathaway ( BRK.A),says he reads for about five to six hours every day and credits this habit with helping to shape his investing style and making him billions.

1 month ago | businessandamerica.com | Daniel Liberto

An asset bubble occurs when the price of an asset, such as stocks, bonds, real estate, or commodities, rises rapidly without the underlying fundamentals to justify the price spike. The inevitable collapse wipes out the net worth of investors and causes exposed businesses to fail, potentially beginning a cascade of debt deflation and financial panic that can spread to other parts of the economy. This can result in a period of higher unemployment and lower production that characterizes a recession.

1 month ago | businessandamerica.com | Daniel Liberto

The Better Business Bureau (BBB) is a private nonprofit organization that operates a business directory and rating system, handles consumer complaints, evaluates charities, offers guidance to businesses and consumers, and alerts the public about deceitful and fraudulent advertising and selling practices. Its goal is to ensure companies behave appropriately and are trustworthy in their dealings with consumers. The BBB’s services are free to the public.

1 month ago | businessandamerica.com | Daniel Liberto

Stagflation combines the words “stagnant” and “inflation.” It describes a period of low to nonexistent economic growth coupled with rapidly rising prices. This has happened only once before in the United States, back in the 1970s. Stagflation is a stagnant economy combined with high inflation. This type of economic crisis is often caused by big supply shocks and easy monetary policy. They last longer than regular recessions because there’s no definitive cure.