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Weekly topper 2020 (19)

Uncertain Path for U.S. Economy

In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update     THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones…

Copy of New Records and Changes

Do You Need Life Insurance in Retirement?

Why do you get life insurance? It may be because you understand that tragedy can strike in a moment. Or perhaps you may want to make sure your family is taken care of after you’re gone. Life insurance helps provide you and your family with peace of mind for your future needs. Insurance payouts may…

Copy of New Records and Changes (1)

Everything You Need to Know About Life Insurance

Planning for what happens after your passing requires compassion, a realistic outlook, and a long-term vision. Although you will not be around to address the concerns of your loved ones in the event of your death, you may want to ensure their financial welfare is secure. You may want to provide a legacy of sorts…

Weekly topper 2020 (18)

Crosscurrent Hope & Trouble

In this week’s recap: Unemployment reaches an historic low, while stocks climbed in response to economic re-openings. Weekly Economic Update     THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Dow…

Weekly topper 2020 (16)

The First Attempts To Restart The U.S. Economy This Week

In this week’s recap: Markets react to the plunging oil prices, corporate earnings, and the First Attempts To Restart The U.S. Economy. Weekly Economic Update     THE WEEK ON WALL STREET Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question…

4.20 Weekly topper 2020

Reality Hits With Economic data

In this week’s recap: The White House makes plans to reopen the economy, as analysts examine the first-hard economic data reckoning the U.S. reaction to COVID-19. Weekly Economic Update   THE WEEK ON WALL STREET Stock prices pushed higher last week as news of a White House plan to reopen the economy and reports of…

Contributor Article (4)

Short Sales in an Economic Downturn

Short Sales in an Economic Downturn By Eileen W. Smith The recent economic downturn related to Covid 19 virus has raised questions once again regarding the feasibility of Short Sales.  First, the definition of a short sale is when a mortgage lender agrees to allow you to sell your home for less than what is…

weekly update 4.13

Hopeful Turns Amidst Uncertainty

In this week’s recap: A broad stock market rally, promising signs with COVID-19, and another Federal Reserve program ahead. Weekly Economic Update THE WEEK ON WALL STREET The stock market staged a broad rally this week, buoyed by the prospect that the COVID-19’s grip on the nation may be easing and news of another Federal…

Article website 2020 (16)

 What to do with an old 401(k)?

What to do with an old 401(k)? Laid off during an economic crisis like now can be difficult. Leaving your old 401(k) behind should not be.  There are some great advantages to rolling over your old 401(k)’s and IRA’s into one consolidated IRA. This includes – #1 More investment options– Unlike 401(k)s which reduces options…

Article website 2020 (15)

What’s Happening in the Economy right now?

  Olive Gooden explains what is happening in the economy right now and what historical data can tell us about a Bear market. Oliver is the Director of Advisor Solutions at Wealth Advisory Group and a member of the Investment Policy Committee at Capital Asset Advisory Services, LLC. As a former Financial Advisor and Regional Director…