After a sharp waterfall drop in March, major equity markets advanced strong in the second quarter. Following the Dow Jones Industrial Average's (DJIA) worst first quarter ever, the index posted its best second quarter performance since 1938 rising over 17%. The S&P 500 ended the quarter up 20%...
On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law. This new legislation made major changes to a number of tax rules that govern retirement savings. Many of these changes started in 2020 and some of the details are still being finalized.
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Most of us hate talking about our money. That's because it can seem like there is never enough of it, and we don't want to live under a budget. When you don't consider your money, you are free to do with it as you wish. However, when you have no plan for your money, you soon realize that you will...
It is extremely important that we all take our retirement into our own hands. The concept of not preparing and relying on a government-sponsored retirement might not be the best plan. Financial woes combined with the fact that the U.S. population is continuing to age, means that there are fewer...
Most of us want to retire at some point in our lives. Since you're not working, you have no income coming in from an employer, meaning you have to take the money you have while you're working, save it, and grow it so it can support you into retirement. But how do you save and plan for...
There are many big decisions you have to make in life, such as what career to choose, where you want to move after college, your spouse, your house, and your furry best friend. In fact, most of your life is centered around decision-making, from the time you decide to wake up in the morning to what...
Proper financial planning should always be a focus, but for those who are dealing with a physically ill spouse or loved one, it is crucial. There are several financial considerations that you will need to ponder, and naturally, these will not work with every situation, and chatting with a...
No one expected the longest bull market in history to see its demise brought on by a virus. While U.S. equity markets were able to withstand a trade war with China, a presidential impeachment, the potential for a global recession and global uncertainty including Brexit and civil wars in the Middle...
Believe it or not, buying in during a dip in the market may be the perfect opportunity to pursue an investment you have considered for some time.
Due to the COVID-19 pandemic, the economy has taken a bigger hit than many have seen in their lifetime. While these are tricky times, the...
Diversification is one of the cornerstones of traditional investment advice. The most common saying we hear is “never put all your eggs in one basket” and the moral holds true. Markets go up and down through economic change, business cycles, and a wide variety of factors changing investment outcomes...
Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s...
