Blog

Weekly topper 2020 (1)

Weekly Update: Oil Takes Center Stage

In this week’s recap: Oil prices spike after a U.S. airstrike in Iran raises supply disruption concerns; a manufacturing activity index disappoints; stocks are little changed following an abbreviated trading week. Weekly Economic Update     THE WEEK ON WALL STREET Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike…

Financial 101 articles 2019 (1)

Bad Money Habits to Break

Bad Money Habits to Break Behaviors worth changing.   Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns, year after year. If you sometimes succumb to these financial tendencies, now is as good a time as any to alter your behavior.   #1: Lending money to family…

Article website 2020

Have You Budgeted for Retirement?

Have You Budgeted for Retirement? Creating a strategy for success.   Run the numbers. There is a rule of thumb for retirees suggesting that retirement income has a target of 70-80% of the household’s end salary, though this can certainly vary. So, years before leaving work, sit down (perhaps with the financial professional you know…

Article website 2019 (13)

Your Emergency Fund: How Much is Enough?

Your Emergency Fund: How Much is Enough? An emergency fund may help alleviate the stress associated with a financial crisis.      Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care. Then,…

Copy of New Records and Changes (74)

Beware of Lifestyle Creep

Sometimes more money can mean more problems.  “Lifestyle creep” is an unusual phrase describing an all-too-common problem: the more money people earn, the more money they tend to spend.   Frequently, the newly affluent are the most susceptible. As people establish themselves as doctors and lawyers, executives, and successful entrepreneurs, they see living well as…

Article website 2019 (16)

Yes, Young Growing Families Can Save & Invest

Yes, Young Growing Families Can Save & Invest It may seem like a tall order, but it can be accomplished.    Put yourself steps ahead of your peers. If you have a young, growing family, no doubt your to-do list is pretty long on any given day. Beyond today, you are probably working on another…

Financial 101 articles 2019

How to Take Charge of Your Financial Life

Taking Charge of Your Financial Life Delegating responsibilities to others may lead to problems down the road.   When you are putting together a household, it isn’t unusual to delegate responsibilities. One spouse or partner may take on the laundry, while another takes on the shopping. You might also decide which one of you vacuums…

Weekly topper 2019 (60)

2019 Year-End Market Recap

In this year-end recap: A look back at the ascent stocks made during 2019 and some of the key economic developments of the year. Weekly Economic Update     What Drove the Markets? Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and China,…

Weekly topper 2019 (59)

Weekly Update: Fed Holds Steady on Short-Term Interest Rates

In this week’s recap: the U.S. and China reach a phase-one trade deal, the Fed leaves the benchmark interest rate alone, and November retail sales come in below expectations. Weekly Economic Update   THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign…

Weekly topper 2019 (56)

Hiring Surpasses Expectations

In this week’s recap: stocks ride out a choppy week, as traders react to a potential delay for a phase-one U.S.-China trade deal and a surprising jobs report. Weekly Economic Update     THE WEEK ON WALL STREET Key Wall Street benchmarks were up and down last week – or rather down and then up.…