The average $20 bill is in circulation for 7.9 years, according to a report by the Federal Reserve. That’s better than the $10 bill, which has a lifespan of only 4.5 years, but worse than the $100 bill, which is in circulation for 15 years. Here’s a quick look at what goes into creating a $20 bill and what determines when a bill’s lifespan ends.
Can the federal funds rate affect the economy? The federal funds rate is the interest rate at which banks lend funds to each other from their deposits at the Federal Reserve (the Fed), usually overnight, to meet federally mandated reserve requirements.
When talking about the stock markets you are now starting to hear words like “correction” or even “bear market”. Kevin is here to help us understand the difference and let you know how to handle it. (2 min 57 sec)
Kevin has spent 32 years as a Financial Advisors and has come up with seven truths that if followed will help you send your children to college, retire when you want and everything in between. (4 min 8 sec)
We typically don't give much thought to inflation, but over long periods, it can wreak havoc with the purchasing power of our dollars. Kevin is here to help you get a better understanding of inflation and why its one of three risks we take when investing. ( 4 min 10 sec)