Nirav Shah

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Doctors Fight Inflation With Side Gigs for Physicians

Feb 07, 2024

Fidelity Investments' 2024 New Year’s Financial Resolutions study reveals 54% of Americans are overwhelmed by their finances. More than two out of every five respondents (31%) depleted emergency savings due to financial setbacks. 40% of respondents worry their financial struggles may continue in 2024. The good news, however, is that 70% of Americans have plans...

How To Create Wealth in 2024 With Inflation Decreasing

Feb 06, 2024

The United States economy finally appears to be coming out of the inflation fever that has gripped the nation since the latter part of 2021. After inflation peaked at 9% in June 2022, it followed a downward trend. The aggressive interest rate hike by the Federal Reserve was able to curb inflation to some extent....

How Investors Are Setting Financial Resolutions in 2024 for Financial Independence

Jan 29, 2024

The 2024 New Year's Financial Resolutions study by Fidelity Investments reveals 54% of Americans are overwhelmed by their finances. More than two out of every five respondents (31%) admitted financial setbacks depleted their emergency savings. What's worse, 40% of respondents expressed concerns that their financial struggles may continue in 2024. The good news, however, is...

Americans Consumers Suffering From Growing Credit Card Debt: How To Deal in 2024

Feb 05, 2024

The country's current national credit card balance is $1.08 trillion, a record-high figure. And according to LendingTree's Credit Card Confidence Index, only about 50% of America's credit card users were confident about paying their entire balance for December 2023. The average interest rate crested 21%, another record – the highest logged by the Federal Reserve...

I Bond Rates in 2023 and How Good Are They Really?

Jul 12, 2023

The housing market has long been one of the better investments to combat inflation. But with mortgage interest rates rising, many are looking for alternative ways to protect their hard-earned money. What other ways can you protect your money from losing its value? Short answer: I Bonds. I Bonds were introduced to help investors combat...

The Credit Card Competition Act Could Harm Young Physicians With Debt

Aug 02, 2023

The Credit Card Competition Act was proposed in 2022 by Sens. Richard Durbin (D.-Ill.) and Roger Marshall (R.-Kan.). Though the legislation failed to make any headway last year, it’s back again with new supporters in both houses of Congress. The proposal has been attached to the annual defense authorization of Congress, causing widespread apprehension nationwide....

Is a Housing Market Recession Upon Us in 2023?

Aug 20, 2023

At the end of 2022, the falling housing prices and low activity indicated a sharp decline in home prices. But the housing market has been resilient throughout this year, and the warnings of a housing recession have not materialized. The current housing market may be experiencing low activity and decreasing prices compared to the peak...

Easy Steps for Successful Retirement Planning in Today’s Changing Financial World

Nov 18, 2023

You have worked hard and built a life for yourself and your loved ones—a life filled with happiness and achievements. But as you think about retirement, you start aiming for different goals and dreams. That’s great! But to live your dreams after retirement, you need to have financial independence. Let me walk you through the...