Posts Tagged ‘Atlanta Retirement Planning’
Markets Rebound
U.S. markets ended a volatile month on a high note Friday. All three major indices posted impressive increases for the week, buoyed by news from the Fed Reserve and international trade.[1] The S&P 500 jumped 4.85%, and the NASDAQ finished up 5.64% – both gains are almost 7-year highs.[2] Meanwhile, the Dow experienced a 2-year high, increasing…
Read MoreWhy Did Stocks Drop? What you need to know Atlanta.
Last week was a tough one for markets. The S&P 500 dropped 3.79% and experienced its worst results during a Thanksgiving week since 1939.[1] While the index officially entered correction territory on Friday, it closed 10.2% below its most recent record high.[2] Meanwhile, the Dow and NASDAQ continued the downward trend, losing 4.44%, and 4.26%, respectively.[3] International stocks…
Read MoreMarkets Bounce Back
Markets posted strong gains last week after struggling for much of October. The S&P 500 had its best weekly performance since May, and the NASDAQ had its first positive week since September.[1] Despite domestic markets dropping on Friday, November 2, the S&P 500 added 2.42%, the Dow increased 2.36%, and the NASDAQ gained 2.65%.[2] International stocks in…
Read MoreStocks Take a Ride- Here’s what you need to know Atlanta.
Volatility was back in full force last week. The three major domestic indexes posted several days of losses before experiencing wide swings on Friday. By week’s end, the Cboe Volatility Index (VIX), which investors use to help measure fear in the markets, had increased by approximately 70%. The VIX also reached its highest point since…
Read MoreWhat Does the Required Minimum Distribution Mean?
You spent decades saving for retirement. A long time ago, you understood and took to heart the advice about the importance of your retirement savings. You’ve just turned 70, and you’re proud of your financial achievements. You worked hard; you sacrificed, and now you’re retired and doing well enough so that you don’t have to…
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