Stock Market

Essential Pittsburgh
5:18 pm
Wed April 30, 2014

What to Know About Financial Planning, Post-Great Recession

Credit Ken Teegardin / www.SeniorLiving.Org

The Great Recession of 2007-2009 crippled many Americans' personal finances and caused a lot of uncertainty when it comes to future financial planning choices. 

"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 Paul Brahim, Chairman and CEO of BPU Investment Management Inc., and a member of the Greater Pittsburgh Financial Planning Association board of directors.

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.

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Essential Pittsburgh
9:00 pm
Fri April 5, 2013

Financial Literacy Month: Jumping Back into the Stock Market

Ready to invest again? Find out which approach to stock market investing could work best for your situation.
Credit Terence Wright / Flickr

  In the first week of April, mortgage financier Fannie Mae reported record earnings for the fourth quarter, 2012 was their first profitable year since 2006. Yet the March jobs report 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 road to recovery? Is it safe to jump back into the stock market? And what are the best ways to do it? Roselyn Wilkinson, Vice President of MD&A Financial Management Co. and Registered Representative of Berthel Fisher continues our series of financial literacy month discussions with advice on smart ways to invest.