The stock markets are currently on track to enter a correction stage, and we outlined these differences in a previous blog in October of 2018 – Pullback, Corrections, and Bear Markets – What’s the Difference? https://www.wealthanalytics.com/pullbacks-corrections-bear-markets-whats-difference/ Going back to...
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Are you dreaming of retirement, or currently in retirement and dreaming of a new chapter in life? Once a year everyone should take the time to review and update their financial plan. In addition to your financial needs, it’s...
Do You Want to Gamble with Your Nest Egg? If you ever visit Las Vegas, you may hear the legend of the Man in the Green Bathrobe. While it’s probably just local lore, it makes critical points about retirement...
Free Advice is Worth Every Penny. A weathered sign hangs in our local mechanic’s garage: We offer three kinds of service – GOOD, CHEAP, FAST. You can pick any two: GOOD service CHEAP won’t be FAST GOOD service FAST...
Investors have a fascination with predictions. Look at the financial media. Turn on any television show, listen to any radio program, or pick up any magazine, and you’ll see there’s always someone trying to predict future stock prices. It...
Similar to today, the Roaring 1920s saw rapid technological change with cars and electricity. This created a farm surplus as fewer horses consumed less feed. Prices fell, and farmers complained of foreign competition. Herbert Hoover promised higher tariffs in...
The Fed cut rates by 25 basis points today as expected. The notes show officials were split on the need for more easing, and made comments about acting as appropriate to sustain expansion. As defined on the Federal Reserve...
This week marked the 307th time that the Dow Jones index fell 3% or more in a single day when reviewing historical market data. The chart above displays the Dow Jones Industrial Average going back to 1920, and the...
Unemployment is still at historic lows, the economic expansion in the U.S. is at record length, and consumers are spending money, so why did the Fed lower interest rates? This is called an “insurance cut.” The central bank wants...
Retirement planning can start in any decade of your life. In Chapter 2 of the book, Your Insiders’ Guide To Retirement, we say you must have a plan. Setting a goal is not the main thing. It is deciding...