Nick Wychocki's blog

Stock Market Watch: It's Up! It's Down! But Why?

Markets around the world have taken a few steps back in the past month, and there are a number of factors contributing to this newfound fear among investors. The debt crisis in Europe is, of course, the obvious event to point a finger at when explaining the recent market stall and decline. And a depressed Euro along with the Gulf oil spill are further adding to the instability. But there is one factor quietly lurking in the background that has been impacting the markets more than you might think.
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Life Insurance and the Young Professional: Choosing a Plan

This column is the second and final part of my series on life insurance for young professionals. Part one considered whether you, as a young professional, should purchase a life insurance plan
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Life Insurance and the Young Professional

Over the years, life insurance has developed a stigma thanks to the stereotypical sleazy life insurance agent persona, not far removed from the used car salesman. And so it is one of those topics that doesn’t get discussed very often these days, but should because it’s an important component of a well-rounded financial plan.
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Dollars & Sense: Consider the Brokerage Account

With IRA’s and 401(k)’s garnishing the most attention in the investment community, investors forget about the value offered from opening a good old-fashioned brokerage account. Most questions submitted by young professionals to the talking heads for leading money magazines and news channels deal with contributions to retirement accounts because that is what has been drilled into their psyche at an early age.Read more

Dollars & Sense: Managing Your Money

I first want to say how excited I am to be writing the personal finance blog for YPNation. Since I received the nod to write my first post I have been racking my brain for a good topic to begin with. Literally hundreds of ideas ran through my head and, needless to say, I will not be at a loss for topics down the road. But I have decided to start with some general thoughts on managing money--something many young people do not spend enough time thinking about. 
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