The Markets The bulls are running. Last week, the Standard & Poor’s 500 Index set a new record, closing above 3,000 for the first time. Other major U.S. stock indices also finished at record highs, reported Barron’s. Company fundamentals, investor sentiment, and geopolitics all have the power to push stock prices higher. However, according to Financial Times, …
In the financial world someone may ask you, “What’s your number?” Odds are they aren’t trying to pick you up. Rather, they are referring to the amount of money in which you achieve financial independence (aka retire). Defining such a number is essential in financial planning. It provides the basis for how much you need …
It might sound a little crazy but there are many benefits to working even though you no longer need the money for your living or retirement needs. These “retirement workers” have discovered that part-time jobs or volunteer positions allow them to keep a nice pace in life and find a balance among using their talents, …
Three Reasons Why You Should Work Even When You Don’t Need the Money Read More »
The Markets What will the Federal Reserve do now? There was unexpected economic news last week. On Friday, the Bureau of Labor Statistics announced 224,000 new jobs were added in June, which was more than analysts had anticipated. The gains were offset a bit by reductions in April and May employment estimates. However, overall, the pace of …
The Markets In the infamous words of Mortimer Snerd, “Who’d a thunk it?” After U.S. stocks dropped sharply during the last weeks of December 2018, investors were not optimistic about the future. Early in January 2019, the State Street Investor Confidence Index dropped to its lowest point since 2012, and the American Association of Individual Investors (AAII) …
Many studies have shown that charitable giving provides greater happiness than buying more stuff. Eventually, you get used to your fancy new car, and the enjoyment it provides goes down. But giving forges feelings of connectedness and community that don’t fade away. Incorporating charitable giving into your financial plan is a great way to make …
Giving: How To Do The Most Good Without Disrupting Your Financial Plan Read More »
The Markets Everything went up – and that’s unusual. Randall Forsyth of Barron’s explained, “Like our major political parties, the stock and bond markets seem to live in two different worlds these days. The former sits at record levels, suggesting we live in the best of all possible worlds. The latter sees things as bad and only …
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 …
You’re young, have little in savings and likely have no one yet relying on you financially. So why do you need to think about estate management? Here are four great reasons: Estate Strategies: They’re Not Just for the Elderly You need a will. You may ask why a will is important if there’s not much …
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