The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE Act will require a change in strategy for many Americans. For others, it […]
The New SECURE Act Read More »
U.S. Markets Riding a wave of trade optimism and solid economic data, stocks notched solid gains in December, capping off an exceptional year for the equity markets.The Dow Jones Industrial Average rose 1.74 percent, while the Standard & Poor’s 500 Index advanced 2.86 percent. The NASDAQ Composite led, climbing 3.54 percent. I’ve learned that you
Monthly Market Insights | January 2020 Read More »
If you read my forecast for 2019, you will notice it was spot on. This is because it was not a forecast of the economy or markets (which is like trying to predict a casino game). No matter how much we wish, no one can predict the market. No one will know when to go
A Reliable Forecast for 2020 Read More »
October 28, 2019 The Markets More money managers are feeling less bullish, but you sure couldn’t tell by the performance of U.S. stock markets last week. So far, 2019 has been a tremendous year for U.S. stocks. Through the end of last week, the Standard & Poor’s 500 Index had gained more than 20 percent
Knowledgeable investors are aware that investing in the capital markets presents any number of risks—interest-rate risk, company risk, and market risk. Risk is an inseparable companion to the potential for long-term growth. Some of the investment risks we face can be mitigated through diversification. As an investor, you face another, less-known risk for which the
The Investment Risk You’ve Never Heard Of Read More »
One of the most discussed topics in the United States is retirement security. Few Americans have set aside enough savings to live comfortably throughout retirement. In fact, the most recent National Retirement Risk Index (NRRI)* found: “…half of today’s households will not have enough retirement income to maintain their pre-retirement standard of living, even if
Does Your Company Offer a Retirement Plan? Read More »
All this talk about recession coming because of an inverted yield curve. I don’t buy it. Economic activity is strong, balance sheets are still in good shape. While every recession was foretold by an inverted yield curve, not every inversion has resulted in a recession. Mental shortcuts aid in this misunderstanding and may cause investors
My Thoughts on the Yield Curve Read More »
Whenever markets move drastically and the media is promoting fear, it is best for investors to take a step back and ask themselves a few reflective questions. Reflective questions are a powerful antidote to making knee-jerk, hasty decisions. 1. What has changed? What has changed other than the price of a stock and news story
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If you’re like many small business owners, running your own business is an all-consuming endeavor. In the face of everyday demands, choosing a retirement plan for your business can become a casualty. The idea of establishing a plan could evoke worries about complicated reporting and administration. If this sounds familiar, then you may want to
Is a SEP-IRA Right for Your Business? Read More »