Monthly Market Insights | March 2023
US Markets Stock prices stumbled in February due to growing worries that the Fed would maintain its tight monetary posture in the face of continuing inflation. For the month, the Dow Jones Industrial Average lost 4.19%, whereas the Standard and Poor’s 500 Index fell 2.61%. The Nasdaq Composite which was up nearly 11% in January,…
Read MoreMonthly Market Insights | February 2023
US Markets Stocks rallied in January as moderating inflation, a better-than-feared earnings season, and healthy economic data put investors in a buying mood. For the month, The Dow Jones Industrial Average rose 2.83%. The Standard & Poors 500 Index jumped by 6.18% and the Nasdaq Composite rose 10.68%. Shift in Sentiment The stock market opened…
Read MoreSecure Act 2.0: Here’s what you need to know
In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it’s a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019.…
Read MoreMorning Market Commentary Q4 2022
In an otherwise volatile and ugly year, the fourth quarter of 2022 turned out to be a pleasant surprise. Sentiment turned optimistic mainly led by better-than-expected corporate earnings and Year-over-Year inflation rates coming down from a peak of 9.1% in June 2022. S&P, Dow, and NASDAQ The S&P 500 was able to climb higher by…
Read MoreAnnual Tax Planning Letter for 2022
As we wrap up 2022, it’s important to take a closer look at your tax and financial plans and discuss steps that can be taken to reduce taxes and help you save for your future. As you know, we affectionately call our proven process One Advisor Twice the Advice. When we look at your financial…
Read MoreMonthly Market Insights | December 2022
US Markets Stocks surged higher in November on rising optimism that the Fed would slow down future interest rate hikes. The Dow Jones Industrial Average gained 5.67%. The Standard & Poor’s 500 Index picked up 5.38% and the Nasdaq Composite rose 4.37%. Value stocks continued to outperform the market during the month of November. A…
Read MoreDecember Is Identity Theft Protection Awareness Month
December is Identity Theft Protection Awareness Month and we’re taking this month to share some ways you can help keep your identity safe. In 2021 alone, the Federal Trade Commission received 1.4 million reports of identity theft.1 Identity theft can happen in a number of ways: in-person, online, through email, or over the phone. However it…
Read MoreMonthly Market Insights | November 2022
Stocks posted big gains in October, propelled by better-than-expected corporate reports. The Dow Jones Industrial Average led, gaining 13.95%. The Standard & Poors 500 Index tacked on 7.99% and the Nasdaq Composite added 3.90%. We are beginning to see a transition from large-cap growth stocks to value stocks given current market conditions. A Volatile Few…
Read MoreJoin us in Raising Awareness for Prostate Cancer
In the United States, 1 in 8 men will be diagnosed with prostate cancer in their lifetime. What is No Shave November? No Shave November is a campaign that occurs every year in the month of November to bring awareness to Prostate Cancer. Every November, men will participate by growing their facial hair over the…
Read MoreStudent Loan Forgiveness: How to Apply – Easy!
There are new developments for student loan forgiveness. The application for Student Loan Forgiveness is now available. Filling out the application is easy and takes about five minutes. You don’t need to log in or provide any documents. Click Here to Apply Borrowers are advised to apply for forgiveness before November 15, 2022 How to…
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