Stock Market http://wesa.fm en What to Know About Financial Planning, Post-Great Recession http://wesa.fm/post/what-know-about-financial-planning-post-great-recession <p></p><p><a href="http://stateofworkingamerica.org/great-recession/" style="line-height: 1.5;">The Great Recession</a><span style="line-height: 1.5;">&nbsp;of 2007-2009 crippled many Americans' personal finances and caused a lot of uncertainty when it comes to future financial planning choices.&nbsp;</span></p><p>"As a result of Dodd-Frank, the capital requirements of banks have increased dramatically. Banks have had to go through initial stress tests and ongoing stress tests. So the banking system is certainly shored up and the TARP program helped that immensely by injecting capital into both banks and into private corporations like General Motors. That helped stem the notion of rampant unemployment because people kept their jobs, and banks didn't collapse, and people didn't lose money. And it was good so there was stability there," said&nbsp;<a href="http://www.bpuinvestments.com/our-people/the-pittsburgh-team/paul-brahim/" style="line-height: 1.5;">Paul Brahim</a><span style="line-height: 1.5;">, Chairman and CEO of </span>BPU<span style="line-height: 1.5;"> Investment Management Inc., and a member of the Greater Pittsburgh <a href="http://www.plannersearch.org/Pages/home.aspx">Financial Planning Association</a> board of directors. </span></p><p><span style="line-height: 1.5;">He talked about some of the changes in our financial systems for consumers, the markets, and regulators, since 2008 and how to make sound investments with the right kind of advisor.</span></p><p> Wed, 30 Apr 2014 21:18:27 +0000 Essential Pittsburgh 28452 at http://wesa.fm What to Know About Financial Planning, Post-Great Recession Financial Literacy Month: Jumping Back into the Stock Market http://wesa.fm/post/financial-literacy-month-jumping-back-stock-market <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>In the first week of April, mortgage financier Fannie Mae reported <a href="http://www.nytimes.com/2013/04/03/business/fannie-mae-reports-record-7-6-billion-quarterly-earnings.html?_r=0">record earnings</a> for the fourth quarter, 2012 was their first profitable year since 2006. Yet the March <a href="http://www.usatoday.com/story/money/markets/2013/04/05/stocks-friday-4-5/2055685/">jobs report</a> was poor. So with a recovering housing market and fluctuating employment numbers, what does this say about the stability of our financial system? Are we really on a <a href="http://business.time.com/2013/04/04/can-housing-power-the-economic-recovery/">road to recovery</a>? Is it safe to jump back into the stock market? And what are the best ways to do it? <strong>Roselyn Wilkinson</strong>, Vice President of <a href="http://www.mdafinancial.com/new/mdafinancial/content.asp?contentid=2016266571">MD&amp;A Financial Management Co.</a> and Registered Representative of Berthel Fisher<span style="font-size:12.0pt"> </span>continues our series of financial literacy month discussions with advice on smart ways to invest. Sat, 06 Apr 2013 01:00:00 +0000 Heather McClain 7383 at http://wesa.fm Financial Literacy Month: Jumping Back into the Stock Market