Handling Market Volatility

Posted on May 6, 2016 in Featured, Financial Planning, Investing, Peoples Bank News, Peoples Progress e-Newsletter |

Conventional wisdom says that what goes up must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when your money is at stake. Though there’s no foolproof way to handle the ups and downs of the stock market, the following common-sense tips can help. Don’t put your eggs all in one basket Diversifying your investment portfolio is one of the key tools for trying to manage market...

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Social Security Claiming Strategies for Married Couples

Posted on Apr 30, 2015 in Investing, Peoples Progress e-Newsletter |

Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement because the age at which you apply for benefits will affect the amount you’ll receive. If you’re married, this decision can be especially complicated because you and your spouse will need to plan together, taking into account the Social Security benefits you may each be entitled to. For example, married couples may...

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Bonds, Interest Rates, and the Impact of Inflation

Posted on Feb 9, 2015 in Inflation, Investing, Peoples Bank News, Peoples Progress e-Newsletter |

There are two fundamental ways that you can profit from owning bonds: from the interest that bonds pay, or from any increase in the bond’s price. Many people who invest in bonds because they want a steady stream of income are surprised to learn that bond prices can fluctuate, just as they do with any security traded in the secondary market. If you sell a bond before its maturity date, you may get more than its face value; you could also...

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The Impact of Inflation – Installment 4

Posted on Nov 29, 2013 in Inflation, Investing |

Inflation 101 – What to know, what to do Inflation is perhaps the single-biggest influence on your economic situation. It is not properly understood by many, nor do many people make good decisions in light of it. Peoples Bank is making the effort to address what may be an important gap in the financial efforts of its customers and others with 4 blog posts. We hope this information is more than instructive, we hope that it is meaningful,...

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If you’re looking for a privately-funded, well-rated charity, look no further

Posted on Nov 19, 2013 in Community Involvement, Investing, Managing Your Money, Peoples Bank News |

Most of you who read this blog are in position to help others in need, and to your credit, you want to do so. The really important question is not why, or how much, but who? This second blog about charitable giving, takes up this issue. You’ve probably heard the stories about, or perhaps even experienced, charities who turned out to be weakly ineffective, or worse, fraudulent. The internet contains hundreds of such tragic stories. Charity...

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