It has been a tough year for the market, battling the headwinds of record inflation, rising interest rates and Russia’s war in Ukraine. However, some portfolios may be more battered and bruised than others, depending on their investment selection. In times like these it pays to revisit the fundamentals and...
The Tri-Cities’ beloved retired four-star general, Jim Mattis, has married for the first time. Huzzah!His wife, Christina Lomasney, is an entrepreneur-executive at Pacific Northwest National Laboratory.These newlyweds, whom I do not know personally, arguably have complex personal and financial lives and likely will have many financial matters yet to sort...
Community First Bank couldn’t pass up the opportunity to buy a vacant bank property at the intersection of Swift Boulevard and Jadwin Avenue in Richland.It wasn’t looking to move but when its lease came due for renewal at 1060 Jadwin Ave., where it’s been located for 15 years, it made...
Walmart debuts cash payment platformWalmart is teaming with the PayNearMe mobile payments app to let customers pay utility, rent, car payments and other bills in cash at the same place they shop for groceries and household items.The program, which rolls out in August, will let cash customers show a scannable...
“Exciting” isn’t the word most people use when describing market and investment conditions, but it fits the description for the first half of 2021.GameStop dominated the news cycle for weeks, and its controversy culminated in congressional hearings.Distant relatives morphed into CNBC commentators as they waited for the price of Dogecoin...
Numerica Credit Union recently bought property on busy Court Street in Pasco with plans open a new branch.The Spokane Valley-based credit union paid $940,000 in May for the 1,400-square-foot building at 2307 W. Court St. that serves as home to Baskin-Robbins.Numerica plans to demolish the ice cream shop and build...
President and CEO, Wheatland BankSusan M. Horton, CPAEmployees you oversee:151 employees, 8 directors and 440 shareholders.Brief background of your business:Wheatland Bank is a locally-owned, full-service community bank headquartered in Spokane, with 14 branches throughout eastern and central Washington and over 400 local shareholders. Wheatland Bank was founded in Davenport, Washington,...
One common concern for investors is seeking a reliable source of passive income.Sometimes it is not immediately evident to those investors that an investment account can easily produce passive income.Many investors who are new to investing in the broader stock market like to evaluate the investment alongside other investments for...
Talk was going around. Politicians in Washington were developing a coronavirus package with a generous program to save jobs at small businesses affected by the pandemic.Eric Pearson, chief executive officer of Kennewick-based Community First Bank, recalls the talk. Nothing was official. The Coronavirus Aid Relief and Economic Security (CARES) Act...
There is the obvious investment advice that certainly you’ve heard again and again:Set clear and realistic long-term goals.Keep investing regardless of market fluctuations.Diversify, don’t put all your eggs in one basket.Select quality low-cost globally diversified investments.Seek out a fiduciary professional to support the financial side of your life.All great advice,...
