The “Setting Every Community Up for Retirement Enhancement” (SECURE) Act passed the U.S. House of Representatives last May, passed the Senate a few days ago in December 2019, and then was signed by President Trump. It is among the...
Continue Reading
It’s earnings season for the banks, and report cards are coming out. Margins continue to shrink. Banks are beginning to move to an online model, attracting millennials, and possibly you could see less brick and mortar buildings in the...
Retirement is changing. There is a shift taking place on how we retire and who can help us get there. Gone are the days of working somewhere for 40 straight years and leaving with a pension to live on. ...
Have you noticed how often we talk about planning? We are all busy planning trips, making plans for our busy week ahead, and even planning what to eat for dinner. The headlines are full of plans in motion too....
The Federal Reserve met yesterday for the first time in 2019 and did not raise rates. This may allow consumers to possibly borrow at a lower rate for purchases such as housing and autos. It also means, bond or CD...
Staying the Course Investors tend to see short-term volatility as the enemy. Volatility may lead many investors to move money out of the market and “sit on the sidelines” until things “calm down.” Although this approach may appear to...
The last two months have brought continued market volatility to both stocks and bonds. It can be hard to stomach at times, yet it’s also expected. The long-term investor knows that markets on average, go up 7 out of...
Gridlock is Good for the Markets The markets asked, and they received. U.S. stocks rallied today after the midterm election results came in about as expected. Investors were bullish following the results due to the belief that gridlock...
Over the weekend, a relative asked, “Are we in a bear market?” I answered his question with, “What do you think a bear market is?” He rattled off a few comments about the economy, and the market being down...
The federal reserve meets again later this month to make a decision about interest rates. There are 8 scheduled meetings each year; this will mark the 6th of those 8 scheduled meetings. While most of us read about the results from headlines...