The Binnacle Group

A Question About Your Money: Has Anything Truly Changed This Week? Watching the banking industry descend into turmoil is unnerving. But unless your financial goals have changed, embrace inaction.

Looking for Tax Deductions? Here Are the Big Ones This Year. Taxpayers who bought an electric car, installed energy-efficient windows or racked up college-related expenses last year may qualify for tax-saving credits or deductions.

Ignorance Really Is Bliss When it Comes to Investing Investors have more information than ever and it not only isn’t helping—it’s hurting. Here’s the fascinating reason why.

The One Thing You Need To Know To Understand Any Banking Crisis Distinguishing between bank liquidity and bank capital is crucial for understanding bank crises, as well as for determining which financial commentators to trust.

Yes, the Bank Chaos Is Scary. But Don’t Let Fear Make Your Money Decisions. Don't just "follow the herd," say experts. Instead: Stop, breathe, and look at the facts.

Lessons From Buffett And Lynch On Investing Amid Crises: Opportunities For The Patient Investor Silicon Valley Bank's collapse highlights the dangers of being overly exposed to high-risk, overextended sectors. Investors can learn from Buffett and Lynch in such events, with research and patience being key.

Why the implosion of Silicon Valley Bank is actually a good thing for stocks The implosions of Silicon Valley Bank, Silvergate Capital, and Signature Bank in recent days might make for scary headlines. But they could actually be bullish developments for stock investors. That's because the Federal Reserve may be forced to slow the pace of rate hikes it's been enacting.

What Silicon Valley Bank’s Collapse Means for Your Money The failure of a prominent bank for tech startups is inciting fears of a 2008 repeat. Experts say not to panic.

Figuring Out Your Life Expectancy Is Tough. How Not to Run Out of Money. It might look like you've saved up enough if you're using averages. But there's more to consider.

Here’s Why the Economy Seems Weird Understanding inflation, interest rates and recession risks requires going back earlier than the 2000s.

Is My Money Safe? Here’s What Is Covered, and How You Can Do More. The F.D.I.C. and other entities will protect most people’s bank and brokerage balances. But it’s as good a time as any for consumers to create other backstops.

How to Keep Revenge Spending From Ruining Your Retirement Once the worst of the pandemic passed, some of us turned from being savers to spenders — setting ourselves up for potential disaster.