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Author: Bloom Investment Counsel, Inc.

Know the Difference: Soft Landing vs. Recession

soft landing versus recession

A soft landing and a recession (also known as a “hard landing”) are similar in that they both involve the slowing of economic growth. However, in the case of a recession, the decrease in economic growth is significantly more severe and sudden with recovery often taking several years.

Following is a brief outline of the characteristics of and the differences between a soft landing and a recession.

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Charitable Giving: Tips for High-Net-Worth Individuals

For a high-net-worth individual, charitable giving presents a unique opportunity to make a significant impact on society. With the ability to contribute substantial financial resources, you have the power to create lasting change and support causes that align with your values.

However, navigating the world of charitable giving can be complex and overwhelming. That’s why it’s important for you to clearly understand how to maximize your charitable efforts to ensure that your donations are having a meaningful impact.

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5 Investing Books You Should Read in 2024

investing books you should read in 2024

In the fast-paced world of investing, staying up-to-date with the latest trends and knowledge is crucial to achieving growth and success. Whether you are a seasoned investor or just starting your financial journey, reading books on investing can provide valuable insights and help you make informed decisions.

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