If you’ve watched the headlines at all in the last month, you know the markets aren’t sitting still. From the worst Christmas Eve on record to the Dow’s largest jump ever just a few days later – losses and gains seem to have less pattern every day. Experts are divided on how 2019 will look, but predictable isn’t the word any of them are using. Read more
Markets returned to rally mode last week and finished January significantly higher. The S&P 500 surged 1.6% on strong employment data, the Federal Reserve communicating its concerns about slowing growth, and generally positive earnings data.
The relatively strong earnings pushed Carson’s expectations for earnings growth from 11% to just less than 13%. Strong earnings performance from major oil companies helped boost estimates, too. Read more
Published by Mark Ring, Wealth Advisor
Earning a driver’s license is a classic American rite of passage for teenagers on the cusp of adulthood. On the other end of the spectrum is another rite of passage, though not nearly as exciting: required minimum distributions (RMDs).
To prevent retirement savers from being able to defer paying taxes indefinitely, the government mandates regular withdrawals from retirement accounts starting at age 70½. All retirement accounts are subject to RMDs except for Roth IRAs. (1) This secondary rite of passage is not without its challenges, and here are the top five.
By Jamie Hopkins
Recently I gave a presentation to a large group, over 300 in attendance. I asked the group, “How many of you own a digital currency?” Only about three or four hands went up. I was shocked. Read more
Published by Daniel Morrison, Wealth Advisor
Go ahead and take a moment to look back on the past five to ten years of your life. How much has changed? As life goes on, very few things will remain the same. And while change is something the majority of us have generally come to accept as a healthy and natural part of life, it still requires adaptation and flexibility, especially when it comes to your finances.
After enduring a number of big swings in the market, investors benefited from a steady uptrend in stocks last week. The S&P 500 gained 2.6%, and only a tiny loss on Friday stopped the index from rising every day. The gains came steadily as there were no moves of more than 1% last week. Read more
The stock market wrapped up 2018 and began 2019 with a couple of big swings as investors reacted to a series of major announcements. On Wednesday evening, Apple warned iPhone sales in China were below expectations. The news sent stocks lower on Thursday, but those losses were erased when stocks soared after an extremely strong jobs report and indications of a more flexible Federal Reserve. Read more