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Congress recently passed the Dodd-Frank bill. At the
signing, President Obama claimed, "Because of this law, the
American people will never again be asked to foot the bill
for Wall Street's mistakes. There will be no more tax-funded
bailouts.
[click here to read more]
Marotta Wealth Management was voted the number 1 financial planning company in the C-ville Weekly's annual "Best of Charlottesville" issue. Check out the winners here.
Thank you, Charlottesville, for your support!
In 1985, an MIT professor won the Nobel Prize for a simple
technique that squirrels have known intuitively from birth
-- you have to "squirrel" away some nuts during times of
plenty so you can survive during times of scarcity. Economist Franco Modigliani won his Nobel Prize for modeling
how humans manage their household finances over a lifetime. Modigliani looked at the income and expenses of typical
people over their life from the time they entered the
workplace, raised their families, and retired. He found
there were times when the household’s income was more than
sufficient to meet their expenses and other times when money
was tight.
[click here to read more]
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