The S&P 500 rebounded 2.9% after last week’s decline as positive sentiment overcame a number of mildly negative economic reports and continued uncertainty regarding trade. The global MSCI ACWI shed 2.1%. The Bloomberg BarCap Aggregate Bond Index climbed 0.7%. Read more
Published by Daniel Morrison, Wealth Advisor
Just Google it.
There’s tons of information on the Internet these days. If you want to learn something, Google can give you an answer in seconds. It’s the world’s most comprehensive library—on steroids.
In fact, many people are starting to rely on Google and other technology to solve their problems instead of hiring professional help. This is great if you want to learn to cook, play the piano, or fix your car without paying an expert. But sometimes it gives us a false sense of security.
Take investing for example. There are endless articles, calculators, money management applications, and even robo-advisors that can help you create a “DIY investment plan.” But when it comes to your financial security, is cutting out the need for a human advisor really a smart idea?
I don’t think so. In fact, I think it’s a huge mistake. Here’s why.
For many of us, retirement planning is a persistent boogie man in the back of our minds. The statistics on people’s lack of retirement preparation are staggering, and the official retirement age seems to increase by the minute. Life expectancy is getting longer, and resources seem to be getting scarcer. Any hand that savers and wage-earners play at this point in life seems like a bet against the house, sure to lose. Read more
The Tax Cuts and Jobs Act made a lot of changes. It was the single largest tax reform bill in nearly 30 years. However, the impact of the TCJA might be a lot broader than most realize. Almost every small business owner in the country is impacted by a new tax deduction called 199A. Read more
The S&P 500 added another 0.7% to its impressive gains since late December. Optimism about a trade agreement between the U.S. and China continued to support markets.
While trade negotiations between the U.S. and China remain the key focus, a number of other key events and data releases are likely to move markets this week. Read more
Published by Ryan Cooley
What’s the first thing that comes to mind when you think about your golden years in retirement? Do you have the desire to travel? Are you simply looking forward to all the time and freedom you’ll have? Are you planning to spend more quality time with family? Most of the time, we look ahead with excitement, relishing the thought of slowing down and finally having all the time in the world to pursue passions and invest in relationships. But there’s a lot more to planning for retirement than just counting down the days until you turn 67. Read more
U.S. stocks finished barely positive last week. The S&P 500 inched 0.1% higher on a relatively light week for news. The government shutdown has delayed a number of key statistics about the strength of the U.S. economy and given investors less data then expected to evaluate it. Read more