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Weekly Market Insights | Inflation Bites, But Wall Street Bites Back
Stocks were mixed last week as investors fretted over hot inflation reports, which offset the move in chipmaker stocks. The Standard & Poor’s 500 Index rose 0.13 percent, while the Nasdaq Composite Index edged down 0.08 percent. The...
Read MoreSECURE Act 2.0: Business Owners May Still Be Able to Reduce 2025 Taxes if They Filed an Extension
Business owners may still reduce 2025 taxes through 401(k), profit-sharing, and cash-balance plans under the SECURE Act 2.0. Learn how high-income professionals can accelerate retirement savings and improve tax efficiency.
Read MoreMake Time After Tax Time
Tax season offers more than a look back—it’s a chance to refine your financial strategy. Review key tax insights, contribution limits, and planning opportunities to help make smarter money decisions year-round.
Read MoreWeekly Market Insights | Stocks Rise with Upbeat News
Stocks rose last week as peace talks picked up while investors cheered better-than-expected economic news and Q1 corporate results. The Standard & Poor’s 500 Index advanced 2.33 percent, while the Nasdaq Composite Index rose 4.51...
Read MoreWeekly Market Insights | S&P, Nasdaq Have Best Month in 5 Years
Stocks advanced last week as investors moved past stalled progress in Middle East peace talks and refocused on corporate earnings. The Standard & Poor’s 500 Index rose 0.91 percent, while the Nasdaq Composite Index climbed 1.12...
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Weekly Market Insights | Mixed Week After Ceasefire
Stocks closed mixed as investors weighed Middle East ceasefire developments, rising oil prices, and strong Q1 earnings. The S&P 500 and Nasdaq hit record highs, while consumer sentiment fell despite resilient spending. Read the full blog...
Read MoreWeekly Market Insights | Records Fall as S&P 500 Tops 7,100
Stocks rallied last week as investor enthusiasm built for an end to the war in the Middle East and hopes of a resumption of normal global trade. The Standard & Poor’s 500 Index rose 4.54 percent, while the Nasdaq Composite Index picked...
Read MoreWeekly Market Insights | Ceasefire News Cheers Wall Street.
Hope won out over fear last week as investors set their sights on a Middle East ceasefire holding and optimistic prospects for the Strait of Hormuz reopening.The Standard & Poor’s 500 Index rose 3.56 percent, while the Nasdaq Composite...
Read MoreWeekly Market Insights | Stocks Rise on Hopes of Middle East Calm
Stocks rose over the short trading week on fresh hopes for a quick end to the Middle East conflict, while March job growth was unexpectedly strong.The Standard & Poor’s 500 Index picked up 3.36 percent, while the Nasdaq Composite Index...
Read MoreWomen & Retirement Planning: Taking Charge of Your Retirement Roadmap
Women face unique challenges in retirement planning—from longer lifespans to savings gaps and rising healthcare costs. Discover key strategies, data-driven insights, and practical steps to build a confident, personalized retirement roadmap.
Read MoreWeekly Market Insights | Wall Street Reacts to Middle East Conflict.
Stocks ended a challenging week lower as investors' attention shifted from updates on ceasefire talks to concerns about the economic impact of a protracted conflict.The Standard & Poor’s 500 Index lost 2.12 percent, while the Nasdaq...
Read MoreWeekly Market Insights | Markets Dizzied by Rapid Reports
Another volatile week unfolded as rapid developments in the Middle East and public comments from leaders on the conflict see-sawed markets, leaving investors struggling to keep up with updates.The Standard & Poor’s 500 Index lost 1.89...
Read MoreWeekly Market Insights | Markets Weather Volatile Week
Stocks logged a third-straight down week as investors digested the latest news out of the Middle East, navigated more volatility, and mulled the latest economic data. The Standard & Poor’s 500 Index declined 1.60 percent, while the...
Read MoreSpecial Report: Middle East Conflict
As the troubling and fluid events unfold in the Middle East, more investors are asking, “Should we do anything?”Here are a couple of areas to keep an eye on in the weeks ahead.The Fed’s next two-day meeting ends on March 18....
Read More2026 Federal Tax Updates Announced
When the One Big Beautiful Bill (OBBB) Act was passed on July 4, the legislation left several unanswered questions that the IRS is now addressing. The IRS undergoes this process every year, but this time around, the OBBB has added to...
Read MoreWeekly Market Insights | Santa Brings Joy for the DJIA
Stocks posted solid gains in an action-packed week of market-moving economic data, geopolitical news, and bullish new year sentiment.The Standard & Poor’s 500 Index gained 1.57 percent, while the Nasdaq Composite Index added 1.88...
Read MoreWeekly Market Insights | Santa Arrives on Wall Street
Stocks delivered for investors last week as positive economic data and bullish holiday cheer powered the start of a “Santa Claus rally” past consumer bah humbug sentiment.The Standard & Poor’s 500 Index rose 1.40 percent, while the...
Read MoreWeekly Market Insights | Jobs Data Delivers Bumpy Week
Stocks posted a slight gain last week as mixed jobs data triggered some selling pressure before a cooling inflation report helped stocks recover.The Standard & Poor’s 500 Index inched ahead 0.10 percent, while the Nasdaq Composite...
Read MoreWeekly Market Insights | Stocks Bumpy, Awaiting Fed Meeting
Stock prices pushed higher last week, notching multiple records along the way as employment and inflation data took center stage in anticipation of the Fed’s upcoming meeting. The Standard & Poor’s 500 Index rose 0.31 percent, while...
Read MoreHow Doctors, Lawyers & Closely Held Firms Are Slashing Taxes and Supercharging Retirement
High-earning doctors, lawyers, and business owners are using Cash Balance Plans to slash taxes and supercharge retirement savings. See why this strategy is becoming a must-know for 2025.
Read MoreNew Retirement Contribution Limits for 2026
The Internal Revenue Service recently released new limits for 2026. Although these adjustments won’t bring any major changes, there are some minor elements to note. Individual Retirement Accounts (IRAs) IRA contribution limits are up...
Read MoreWeekly Market Insights | Stocks Take Flight for Holiday Week
Stocks pushed higher over the holiday week as investors' hopes for a Fed rate adjustment drove bullish sentiment. The Standard & Poor’s 500 Index rose 3.73 percent, while the Nasdaq Composite Index rallied 4.91 percent. The Dow Jones...
Read MoreA Guide to Financial Planning for Job Changes, Divorce, Inheritance & Retirement
Life’s Biggest Turning Points: A Financial Guide for Changing Jobs, Navigating Divorce, Receiving an Inheritance, and Retiring With Confidence By Kevin Webb, Senior Financial Advisor, GAMSG Financial Advisors Over 20 years helping...
Read MoreWeekly Market Insights | Tough Week for Tech Stocks
Stocks hit a rough patch last week as fresh labor market data, low consumer sentiment, and the ongoing government shutdown unnerved investors. The Standard & Poor’s 500 Index declined 1.63 percent, while the Nasdaq Composite Index...
Read MoreAre you confident your retirement income will last as long as you do?
Most retirees underestimate how long their money needs to last — here’s how to make sure you don’t.
Read MoreWeekly Market Insights | Markets Rise, Fed Cautious
Stocks rose last week as trade developments, positive Q3 corporate results, and momentum in megacap tech drove another rally, despite some cautious comments from the Fed. The Standard & Poor’s 500 Index gained 0.71 percent, while the...
Read MoreWeekly Market Insights | Happy Q3 Results in Upbeat Market
Stocks rose last week thanks to a full slate of upbeat third-quarter corporate results and mild inflation data, which helped soften concerns over trade tensions with China. The Standard & Poor’s 500 Index gained 1.92 percent, while...
Read MoreWhat's the Purpose of a Retirement Strategy?
“What’s the purpose of a retirement strategy?” It’s a simple question, but most get the answer wrong. Artificial intelligence got it wrong. AI Gemini says, “The purpose of creating a retirement strategy is to act as a comprehensive,...
Read MoreWeekly Market Insights | Stocks Boost on Strong Q3 Results
Stocks pushed higher last week, buoyed by strong third-quarter results posted by several money center banks. The Standard & Poor’s 500 Index gained 1.70 percent, while the Nasdaq Composite Index rose 2.14 percent. The Dow Jones...
Read MoreWeekly Market Insights | Trade Concerns Halt Stock Rally
Stocks fell last week amid concerns about trade with China, following an unsteady rally to record highs over the first half of the week. The Standard & Poor’s 500 Index fell 2.43 percent, while the Nasdaq Composite Index declined 2.53...
Read MoreGovernment Shutdown Update
As the government shutdown lingers, I’m answering more questions about, “How long is this going to last?” I can only point to history as a guide. Since 1976, we’ve experienced 20 shutdowns, averaging eight days in length. The longest...
Read MoreUnderstanding a Government Shutdown
What happens during a government shutdown, and how might this affect you? Unless the government employs you or you are planning a trip to the Smithsonian, you might not even notice. Social Security checks will arrive as scheduled, and...
Read MoreWeekly Market Insights | Stocks Advance, Despite D.C. Shutdown
Stocks rose last week, looking past the government shutdown and apparently discounting any impact it may have on the economy. The Standard & Poor’s 500 Index moved up 1.08 percent, while the Nasdaq Composite Index rose 1.32 percent....
Read MoreNational Financial Planning Month Is Here—Are You Ready?
October marks National Financial Planning Month, making it an ideal time for a financial health check-up. Just as you schedule annual medical exams, this month offers a natural opportunity to assess your financial situation,...
Read MoreWeekly Market Insights | Stocks React to Powell Comments, Potential Government Shutdown
Stocks fell last week, buffeted by concerns about stock price valuations and a possible government shutdown. The Standard & Poor’s 500 Index declined 0.31 percent, while the Nasdaq Composite Index lost 0.65 percent. The Dow Jones...
Read MoreThe Fed Cut Rates: What’s in It for Me?
The Fed lowered short-term interest rates at its September 2025 meeting, but the question on most people’s minds is, “What’s in it for me?” That’s a fair question, so here are some ideas to consider. First-wave changes: Any loan...
Read MoreWeekly Market Insights | Fed Cuts Short-Term Interest Rates
Stocks posted solid gains last week, propelled by the Fed’s decision to cut short-term interest rates. The Standard & Poor’s 500 Index rose 1.22 percent, while the Nasdaq Composite Index climbed 2.21 percent. The Dow Jones Industrial...
Read MoreWeekly Market Insights | Stocks Rise Ahead of Fed Meeting
Stocks posted a solid gain last week, riding a rally in megacap tech stocks while overcoming interest rate anxiety, a downward revision to jobs data, and mixed inflation reports. The Standard & Poor’s 500 Index rose 1.59 percent,...
Read MoreWeekly Market Insights | Megacaps Up, Jobs Decline
Stocks made gains last week, even as megacap tech gains outweighed economic concerns. The Standard & Poor’s 500 Index advanced 0.33 percent, while the Nasdaq Composite Index rose 1.14 percent. The Dow Jones Industrial Average...
Read MoreWeekly Market Insights | Investors Step Back Ahead of Holiday Weekend
Stocks ended the week slightly lower as mixed economic data led to some profit-taking by investors ahead of the holiday weekend. The Standard & Poor’s 500 Index edged down 0.10 percent, while the Nasdaq Composite Index slipped 0.19...
Read MoreTax Act 2025: Something for Everyone
There’s something for everyone in the One Big Beautiful Bill Act of 2025. In fact, the Tax Foundation calculated that the new law avoided a tax hike on 62 percent of tax filers in 2026. In dollars and cents, that works out to almost...
Read MoreWill Your Money Last as Long as You Do?
Will Your Money Last as Long as You Do? When people think about retirement, they often picture travel, more time with family, and the freedom to finally do what they want. But there’s one big question that can keep retirees up at...
Read MoreWeekly Market Insights | Fed Weighs Rate Move
Stocks were mixed last week despite a powerful Friday rally sparked by Federal Reserve Chair Jerome Powell, who opened the door to adjusting short-term interest rates. The Standard & Poor’s 500 Index picked up 0.27 percent while the...
Read MoreMoney, Women, and Power: Why Financial Planning Matters More Than Ever
Women are taking charge as household CFOs and breadwinners, yet too many feel unprepared for retirement. Discover key insights from the Women, Money, and Power® Study and how to take control of your financial future.
Read MoreWeekly Market Insights | Investors React to Mixed Signals
Stocks rose last week despite mixed signals on inflation as investors kept one eye on the Fed’s September meeting. The Standard & Poor’s 500 Index advanced 0.94 percent, while the Nasdaq Composite Index added 0.81 percent. The Dow...
Read MoreThe Income Imperative: Eye-Opening Findings That Could Change How You Plan for Retirement
Pensions are vanishing. Retirement risks are rising. Empower’s The Income Imperative webinar with Allianz and American Century reveals game-changing ways to turn your savings into lifetime income. See what could redefine your retirement.
Read MoreBreaking Down the OBBB Act – Key Tax Provisions You Need to Know
On July 4, 2025, the President signed into law H.R. 1, known as the One Big Beautiful Bill Act (OBBBA), bringing significant changes to the U.S. tax code. Whether you’re an individual taxpayer, business owner, or estate planner, these...
Read MoreWeekly Market Insights | Stocks Rise on Earnings, Despite Tariffs
Stocks rebounded last week as investor optimism for a September rate adjustment and strong Q2 corporate results overcame the rollout of fresh tariffs. The Standard & Poor’s 500 Index rose 2.43 percent, while the Nasdaq Composite Index...
Read MoreIs TINA Managing Your Money?
Who the heck is TINA? TINA is an acronym that stands for “There Is No Alternative” to stocks. And for most retirement-minded investors, TINA is their money manager. As you can see, 71% of 401(k) account balances were allocated to...
Read MoreWeekly Market Insights | Markets Retreat After Data-Heavy Week
Stocks fell last week as investors assessed progress on trade negotiations, new U.S. tariffs, and fresh data on the U.S. economy. The Standard & Poor’s 500 Index fell 2.36 percent, while the Nasdaq Composite Index declined 2.17...
Read MoreRetirement by Design: Why Women Deserve a Financial Plan as Powerful as Their Purpose
Download our Women's Retirement Guide and Business Owner Study to help you plan with purpose, protect your legacy, and retire confidently.
Read MoreWeekly Market Insights | Upbeat Q2, Trade News Cheer Investors
Expectation-beating Q2 results from several companies, trade updates, and investor optimism for more trade agreements pushed market averages to solid gains. The Standard & Poor’s 500 Index advanced 1.46 percent, while the Nasdaq...
Read MoreWeekly Market Insights | Mixed Stocks; Inflation and Consumers Adjust
Stocks were mixed last week, battling through tariff talk while responding to upbeat quarterly corporate reports and a trove of updates on the economy. The Standard & Poor’s 500 Index rose 0.59 percent, while the Nasdaq Composite...
Read MoreWeekly Market Insights | This Week: T For Tariffs, T For Trillion
Stocks were slightly lower last week, while looking past news of fresh U.S. tariffs on nearly two dozen countries. The Standard & Poor’s 500 Index fell 0.31 percent, while the Nasdaq Composite Index edged lower by 0.08 percent. The...
Read MoreWeekly Market Insights | Trade and Jobs Cheer Markets in Short Holiday Week
Trade developments and continued momentum pushed all three major averages to modest gains again for a shortened holiday trading week. The Standard & Poor’s 500 Index rose 1.72 percent, while the Nasdaq Composite Index added 1.62...
Read MoreWeekly Market Insights | Markets Hold Broad-Based Rally
Stocks staged a broad-based rally last week on investors’ hopes for a lasting Middle East ceasefire, hitting fresh record highs along the way. The Standard & Poor’s 500 Index rose 3.44 percent, while the Nasdaq Composite Index added 4...
Read MoreWeekly Market Insights | Conflict Fears Rattle Markets; Fed Holds Steady
Stocks were mixed during the holiday-shortened trading week as uncertainty over conflict in the Middle East weighed on investors. The Standard & Poor’s 500 Index slipped by 0.15 percent, while the Nasdaq Composite Index rose by 0.21...
Read MoreWeekly Market Insights | Market Attention Turns to Trade and Oil
Stocks fell last week as an up-and-down mix of trade progress and anxiety, economic news, and geopolitical tensions netted out. The Standard & Poor’s 500 Index slid 0.39 percent, while the Nasdaq Composite Index slipped 0.63 percent....
Read MoreWhy Now Might Be the Perfect Time to Convert Your Term Policy to a Permanent Life Insurance Plan
Learn how converting your term life policy to IUL or Whole Life can unlock tax-free cash value, protect your legacy, and provide lifelong coverage, often with no medical exam or new underwriting required.
Read MoreWeekly Market Insights | Markets Cheer U.S./E.U. Trade Talks
Stocks advanced over the short trading week, bolstered by a possible trade deal with the European Union (EU) and an upbeat corporate report from a mega-cap tech company that creates semiconductors used in the creation of artificial...
Read MoreWeekly Market Insights | Markets Cringe At Returned Tariff Talk
Stocks moved lower last week as fiscal fears and fresh tariff threats loomed over market sentiment. The Standard & Poor’s 500 Index fell 2.61 percent, while the Nasdaq Composite Index dropped 2.47 percent. The Dow Jones Industrial...
Read MoreWeekly Market Insights | Fed Talk Calms Volatility for the Week
Stocks were lower last week as volatility dropped despite ongoing trade concerns and the Federal Reserve's update on short-term rates The Dow Jones Industrial Average dropped 0.16 percent, while the Standard & Poor’s 500 Index lost 0...
Read MoreWeekly Market Insights | Fed Talk Calms Volatility for the Week
Stocks were mixed last week as volatility dropped despite ongoing trade concerns and the Federal Reserve's update on short-term rates. The Dow Jones Industrial Average added 0.16 percent, while the Standard & Poor’s 500 Index lost 0...
Read MoreWeekly Market Insights | Positive Indicators Lift Stocks into May
Stocks pushed higher last week as investors cheered the White House’s constructive comments on trade, upbeat Q1 corporate reports, and an encouraging jobs report. The Standard & Poor’s 500 Index gained 2.92 percent, while the Nasdaq...
Read MoreWeekly Market Insights | Markets React to Positive Trade Talk
Stocks pushed higher last week, spurred by the White House's reassuring comments that progress was being made with trade talks. The Standard & Poor’s 500 Index gained 4.59 percent, while the Nasdaq Composite Index picked up 6.73...
Read MoreWeekly Market Insights | Market Slips as Q1 Reports Arrive
U.S. stocks slipped over the shortened trading week as Q1 corporate reports started to roll in. The Standard & Poor’s 500 Index dropped 1.50 percent, while the Nasdaq Composite Index fell 2.62 percent. The Dow Jones Industrial Average...
Read MoreThe Truth About Annuities: A Powerful Tool for a Secure Retirement
Learn how annuities provide guaranteed lifetime income, protect your retirement savings, and hedge against inflation. Discover if annuities fit your long-term financial strategy.
Read MoreUpbeat Inflation Report Lost in Tariff Shadow
The March consumer inflation report, which showed some prices at their lowest level in more than four years, was overlooked among all the tariff headlines. Core inflation, which excludes the volatile food and energy factors, rose at a...
Read MoreWeekly Market Insights | Rally Caps Volatile Week
Stocks ended the week with a strong gain as traders continued to focus on tariff talks while appearing to overlook upbeat news on inflation. The Standard & Poor’s 500 Index rose 5.70 percent, while the Nasdaq Composite Index gained 7...
Read MoreTariffs Stir Market Volatility
Every investor knows there are highs and lows during the year. The challenge is remaining focused during the lows. As the 2025 tariff talks have progressed, stock prices have seen more down days than up days as the details get rolled...
Read MoreWeekly Market Insights | Markets React to White House Tariffs
Stocks fell broadly last week as domestic and foreign markets reacted to the White House’s tariffs. The Standard & Poor’s 500 Index declined 9.08 percent, while the Nasdaq Composite Index fell 10.02 percent. The Dow Jones Industrial...
Read MoreTake a Timeout from Tariff Talk
When Warren Buffett said, “Be fearful when others are greedy and be greedy when others are fearful,” he wasn’t just talking about investing. He championed contrarian thinking and urged people to capitalize when groupthink can result...
Read MoreWeekly Market Insights | Investors React to Tariff News
Stocks moved lower last week as investors swung from exuberance to disappointment on news over tariffs and inflation. The Standard & Poor’s 500 Index fell 1.53 percent, while the Nasdaq Composite Index retreated 2.59 percent. The Dow...
Read MoreRetiring Soon? Here's Why Smart Financial Planning Matters More Than Ever
Approaching retirement? Discover how to protect your income, manage market risk, and build a reliable strategy using proven tools like the bucket approach and indexed annuities. Don’t retire without a plan!
Read MoreSunny Side Down: Egg Prices Fall
Forget the Fed frenzy and take a timeout from tariff talk. Let's focus on what's really scrambling the markets right now: egg prices. After reaching an all-time high of $8.17 a dozen in early March, prices have trended lower and may...
Read MoreWeekly Market Insights | Fed Happy Talk Breaks Bad News Streak
Stocks notched a solid gain last week as upbeat comments from the Fed helped stocks snap their four-week losing streak. The Standard & Poor’s 500 Index rose 0.51 percent, while the Nasdaq Composite Index picked up 0.17 percent. The...
Read MoreMarket Pullbacks & Your Portfolio
It’s been a busy few weeks as all the mixed economic signals have unsettled Wall Street—and market volatility is never comfortable for investors. Here’s a short recap, so grab some popcorn. We’re going to cover a lot of ground...
Read MoreWeekly Market Insights | Rough Week for Stocks, with Slight Friday Rally
Investors endured another volatile, whipsaw week as ongoing trade talks and White House comments about the economy unsettled investors. The Standard & Poor’s 500 Index declined 2.27 percent, while the Nasdaq Composite Index dropped 2...
Read MoreStock Pullbacks Are Helpful, Not Hurtful
Do me a favor: print the chart in this email and pin it to your wall. I want you to have a constant reminder that stock prices see pullbacks several times during the year. It’s a normal, healthy part of the investing cycle. Is it...
Read MoreWeekly Market Insights | Tariffs Take Markets for a Wild Ride
Stocks continued their slide through a volatile week. U.S. trade policy drove much of the market’s movement, broadening investors' concerns about economic growth and inflation. The Standard & Poor’s 500 Index declined 3.10 percent,...
Read MoreWeekly Market Insights | Tariff Talk Returns, Volatility Close Behind
Stocks were mixed last week as investor concerns over inflation and trade policy combined to produce another volatile trading week. The Dow Jones Industrial Average rose 0.95 percent, while the Standard & Poor’s 500 Index lost 0.98...
Read MoreTop Financial Planning Priorities in 2025: What You Need to Know
As we move further into 2025, individuals and business owners alike are searching for answers to their biggest financial concerns. Understanding these key topics can help you stay ahead and make informed decisions about your financial...
Read MoreWeekly Market Insights | New Indicators Rattle Investors
Stocks fell last week as concerns about sticky inflation and the pace of economic growth rattled investors. The Standard & Poor’s 500 Index declined 1.66 percent, while the Nasdaq Composite Index dropped 2.51 percent. The Dow Jones...
Read MoreYour Home: Asset or Liability?
Have you ever heard the expression, “It’s a buyer’s market?” That phrase describes what’s happening with today’s residential real estate: homes are selling for under their asking price and are taking longer to sell. Good news for...
Read MoreWeekly Market Insights | Markets Advance Amid Volatile Week
Stocks advanced last week despite some intra-week volatility as investors showed concern about the economy's strength. The Standard & Poor’s 500 Index gained 1.47 percent, while the Nasdaq Composite Index picked up 2.58 percent. The...
Read MoreWeekly Market Insights | Black Swan Casts Shadow Over Wall Street
Stocks were mixed last week as investors parsed market-moving news nearly every trading day—from an unsettling AI update to White House news to Q4 corporate reports. The Standard & Poor’s 500 Index fell 1.00 percent while the Nasdaq...
Read MoreWeekly Market Insights | Black Swan Casts Shadow Over Wall Street
Stocks were mixed last week as investors parsed market-moving news nearly every trading day—from an unsettling AI update to White House news to Q4 corporate reports. The Standard & Poor’s 500 Index fell 1.00 percent while the Nasdaq...
Read MoreMaximize 2024 Tax Savings with Cash Balance and Profit-Sharing Plans
As a business owner, partner, or independent contractor (1099), finding effective strategies to reduce tax liability while building a secure financial future is essential. In 2025, there’s a unique opportunity to leverage cash balance...
Read MoreNews that a Chinese AI firm created an AI model at a fraction of the cost rattled the markets.
Stock prices were jolted lower in late January on concerns that a “black swan” event may lead to some restructuring in the artificial intelligence (AI) industry. A Chinese AI firm appears to have developed a competitive AI model that...
Read MoreWeekly Market Insights | Goldilocks Returns; Market Ends Week "Just Right."
Stocks roared back last week, fueled by upbeat Q4 corporate reports and economic news that stalled inflationary fears. The Standard & Poor’s 500 Index rose 2.91 percent, while the Nasdaq Composite Index advanced 2.45 percent. The Dow...
Read MoreWeekly Market Insights | Goldilocks Returns; Market Ends Week "Just Right."
Stocks roared back last week, fueled by upbeat Q4 corporate reports and economic news that stalled inflationary fears. The Standard & Poor’s 500 Index rose 2.91 percent, while the Nasdaq Composite Index advanced 2.45 percent. The Dow...
Read MoreSuper Catch-Ups for 2025
Are you in your early sixties and hoping to make a splash in your retirement strategy? The SECURE Act 2.0 introduced a $11,250 catch-up contribution for those aged 60-63. This “super catch-up” is part of a new tiered catch-up...
Read MoreWeekly Market Insights | Investors Read Inflation Risk in Job Numbers
Stocks fell for the second consecutive week as a round of fresh economic data stoked inflationary fears among investors. The Standard & Poor’s 500 Index declined 1.94 percent, while the Nasdaq Composite Index dropped 2.34 percent. The...
Read MoreFinancial Planning for Mid-Career and Pre-Retirement Doctors: A 2025 Guide
Doctors, are you financially ready for retirement? Discover how to lower taxes, boost savings, and secure your legacy with tailored strategies. Read our guide for mid-career & pre-retirement white coats and start 2025 strong! Read More
Read MoreWeekly Market Insights | Stocks Decline Slightly as New Year Dawns
Stocks edged lower last week despite a powerful end-of-week rally. The Standard & Poor’s 500 Index lost 0.48 percent, while the Nasdaq Composite Index slid 0.51 percent. The Dow Jones Industrial Average fell 0.60 percent. The MSCI...
Read MoreWhat will 2025 hold?
With 2024 coming to a close, I want to share my thoughts on America's current fiscal policy, geopolitical elements, and other factors that may help shape 2025's financial landscape. This transition period offers both challenges and...
Read MoreWeekly Market Insights | Holiday Spending Up
Stocks notched a slight gain over the holiday week. A tech-driven rally in the first half of the week was clawed back in the second half as investors took profits following the market holiday. The Standard & Poor’s 500 Index advanced...
Read MoreWeekly Market Insights | Powell Signal Leaves Investors Cold
Stocks were under pressure last week as the Fed Chair's hawkish comments unsettled investors ahead of the holiday season. The Dow Jones Industrial Average received the hardest hit, falling 2.25 percent. The Standard & Poor’s 500 Index...
Read MoreWeekly Market Insights | Mixed Data, Mixed Results.
Stocks finished the week mixed, bookending losses around midweek gains as investors digested fresh inflation data. The Standard & Poor’s 500 Index slipped 0.64 percent, while the Nasdaq Composite Index ticked up 0.34 percent. The Dow...
Read MoreWhat Is the Santa Claus Rally?
Is Santa Claus coming to Wall Street this year? December tends to be a cheerful month for stock prices, which has some investors keeping an eye out for a late-year visit from Santa. As you can see from the chart, since 1950, December...
Read MoreWeekly Market Insights | Markets Mixed; Jobs Back on Track
Stocks were mixed during the first trading week of December. Technology stocks led, while the widely followed Dow Jones Industrial Average struggled. The tech-heavy Nasdaq Composite Index picked up 3.34 percent while the Dow...
Read MoreWeekly Market Insights | Solid Gains for Thanksgiving Week
Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology companies. The Standard & Poor’s 500 Index gained 1...
Read MoreWeekly Market Insights | Rally Loses Steam; Fed Weighs Move
Stocks fell last week as the postelection rally lost momentum amid an inflation uptick and cautious comments from Fed officials. The Standard & Poor’s 500 Index fell 2.08 percent, while the Nasdaq Composite Index declined 3.15 percent...
Read MoreAre You Retiring This Year? Discover How to Protect Your Savings and Secure Lasting Income!
Retiring soon? 🌟 Make your golden years truly shine! Learn how to protect your savings, secure lifetime income, and create a personalized retirement strategy. Schedule your complimentary income planning analysis today! #RetirementPlanning
Read MoreWeekly Market Insights | Stocks Surge Post-Election; Fed Cuts Quarter Point
Stocks surged higher last week, fueled by the Fed’s rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled Senate and executive branch. (The House of Representatives...
Read MoreWeekly Market Insights | Stocks Retreat on Jobs and Election Concerns
Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors. The Standard & Poor’s 500 Index fell 1.36 percent, while the Nasdaq Composite Index declined 1.50 percent....
Read MoreApproaching Retirement? Make Sure Your Savings Last a Lifetime
Retirement is a significant life milestone, but it can also bring uncertainty. After spending decades saving in retirement accounts like 401(k)s, 457(b)s, 403(b)s, and IRAs, it’s time to consider how to make those savings last...
Read MoreSocial Security Says 2.5% COLA in 2025
Social Security beneficiaries will see a 2.5% increase in their benefit payments in 2025, according to the Social Security Administration. The annual cost of living (COLA) adjustment will affect more than 72.5 million Social Security...
Read MoreWeekly Market Insights: Market Rallies But Ends Week Flat
Stocks were essentially unchanged last week as geopolitical tensions added some volatility to an otherwise quiet trading week. The Dow Jones Industrial Average was flat (+0.09 percent), while the Standard & Poor’s 500 Index ticked up...
Read MoreHow Might the Port Workers Strike Affect Your Household?
A major strike at our nation’s ports has the potential to disrupt the economy over the next few months. On October 1, around 25,000 dockworkers from Massachusetts to Texas, including 300 in Boston, went on strike as negotiations...
Read MoreWeekly Market Insights: Rate Cut Momentum; D.C. Averts Shutdown
Stocks moved higher last week, continuing to build on the momentum generated after the Federal Reserve decided to cut short-term rates by 0.50 percent. The Standard & Poor’s 500 Index gained 0.59 percent, while the Nasdaq Composite...
Read MoreWeekly Market Insights: Stocks Rally Ahead of Fed Meeting
Stocks rallied last week as investors received better-than-expected consumer and producer inflation data. The Dow Jones Industrial Average rose 2.60 percent, while the Standard & Poor’s 500 Index gained 4.02 percent. The Nasdaq...
Read MoreWeekly Market Insights: Markets Focus on Fed's Big September Move
Stocks fell last week as soft economic data rattled investors focused on the Fed’s next move with interest rates. The Dow Jones Industrial Average lost 2.93 percent, while the Standard & Poor’s 500 Index dropped 4.25 percent. The...
Read MoreBuilding a Secure Retirement: The Power of Income Buckets
Discover the power of income buckets for a secure retirement! Learn how to maximize your employer retirement plan(s), IRAs, and indexed annuities for lifetime income and growth. #RetirementPlanning #FinancialSecurity
Read MoreWeekly Market Insights: Stocks React to Key Data and Earnings
There were mixed results for stocks last week as upbeat economic data and a critical Q2 corporate report shaped the week. The Dow Jones Industrial Average rose 0.94 percent, while the Standard & Poor’s 500 Index increased 0.24 percent...
Read MoreWeekly Market Insights: Powell: Fed is Ready for Rate Cut
Stocks notched a solid gain as dovish comments from Federal Reserve officials boosted the market’s recovery from early August lows. The Standard & Poor’s 500 Index rose 1.45 percent, while the Nasdaq Composite added 1.40 percent. The...
Read MoreHow to Manage Market Volatility
The trader's adage goes, “The stock market takes the stairs up and the elevator down.” The saying helps illustrate the speed at which stock prices can move, especially over the last few days. Here's how the recent stock market drop...
Read MoreWeekly Market Insights: Markets Rise Thanks to Upbeat Indicators
Stocks posted solid gains last week, buoyed by robust economic data and constructive comments from Fed officials. The Standard & Poor’s 500 Index rose 3.93 percent, while the Nasdaq Composite gained 5.29 percent. The Dow Jones...
Read MoreWeekly Market Insights: Stocks Stage Comeback After Heavy Monday
Stocks ended last week with modest losses, masking a volatile five-day trading period that saw investors embrace recession concerns and then dismiss the slow-down talk as speculation as the week progressed. The Dow Jones Industrial...
Read MoreWeekly Market Insights: Down Corporate Reports Shake Investors
Stocks had a mixed, see-saw week as disappointing corporate reports unsettled investors who appeared to rotate away from some leading groups in favor of other names. The Dow Jones Industrial Average picked up 0.75 percent. Meanwhile,...
Read MoreThe Benefits of Rolling Over an Old Employer Plan to an IRA: 5 Compelling Reasons
Rolling over an old employer plan to an IRA offers more investment options, lower fees, and better control. Discover the top 5 benefits and the advantages of working with advisor Kevin Webb. Contact us today for a complimentary consultation
Read MoreWeekly Market Insights: Investors Shift, Anticipating Lower Interest Rates
Stocks were under pressure last week as investors appeared to rotate out of mega-cap tech stocks and into areas that may benefit from lower interest rates. The Standard & Poor’s 500 Index fell 1.97 percent, while Nasdaq Composite...
Read MoreWeekly Market Insights: Stocks Advance After New Inflation Data
Stocks advanced last week as market leadership shifted amid fresh inflation data and quarterly corporate reports starting to roll in. The Standard & Poor’s 500 Index advanced 0.87 percent, while the Dow Jones Industrial Average picked...
Read MoreWeekly Market Insights: Mixed Message From Fed Chair, Governor
Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data. The Standard & Poor’s 500 Index slipped 0.08%, while the Dow Jones Industrial Average also dipped 0.08 percent. The tech-heavy...
Read MoreWeekly Market Insights: Stocks Rise Modestly Over Short Trading Week
Stocks edged higher over the four trading days last week, with the three major averages taking turns leading based on various economic and artificial intelligence (AI) news. The Dow Jones Industrial Average rose 1.45 percent–its best...
Read MoreHow to Create a Personal Pension and Guarantee Lifetime Income
Retirement planning is a critical aspect of financial security and one of the most effective ways to ensure a stable and reliable income in your golden years is by creating a personal pension. Traditional pensions have become less...
Read MoreInflation Drops; Fed Changes Outlook
“It ain’t over ‘til it’s over.” Words of wisdom from baseball legend Yogi Berra. And words that Fed Chair Jerome Powell has taken to heart. “Inflation has eased over the past year but remains elevated,” Powell said following the Fed’s...
Read MoreWeekly Market Insights: Market Enjoys Gains, Reacting to Major Reports
Stocks notched a solid gain last week, driven by the Fed’s decision, May's inflation report, and Apple’s AI-related news. The Standard & Poor’s 500 Index rose 1.58 percent, while the Nasdaq Composite picked up 3.24 percent. The Dow...
Read MoreWeekly Market Insights: Solid Week Despite Mixed Reports
Stocks rose last week despite conflicting stories from economic reports. The Dow Jones Industrial Average inched up 0.29 percent while the Standard & Poor’s 500 Index powered ahead 1.31 percent. The Nasdaq Composite led, picking up 2...
Read MoreDon’t Be Fooled by Low Volatility
Investors know that the stock market moves in cycles, but the cycle has seen no daily drops of more than 2 percent for over a year. As the accompanying chart shows, the 2023-2024 stretch of low volatility ranks 9th since 1966. Is that...
Read MoreWeekly Market Insights: Stocks Sag on Downbeat Economic Indicators
Stocks edged lower in the final week of May as fresh news on economic growth and inflation failed to inspire investors. Stocks Slide Markets shrugged off news that the Q1 Gross Domestic Product was revised lower to 1.3 percent from...
Read MoreHow Much Do You Need to Retire?
Ever wonder how much you really need to retire? Headlines say $1M, but a new study suggests $1.46M. Learn how to build a personalized retirement plan that goes beyond the headlines. #RetirementPlanning #FinancialEducation #GAMSG #KevinWebb
Read MoreWeekly Market Insights: AI Rules Big Week for Tech Stocks
Mixed stock reactions to the Fed's May meeting and tech buzz, especially Nvidia's triumphant AI sector news and stock split, defined last week's market. Most S&P sectors declined, except technology, which thrived amidst economic uncertainty
Read MoreIs It Time to Review Your Life Insurance Policy? Here’s Why You Should!
Maximize your life insurance benefits! Discover why a policy review can lower costs, increase coverage, build more cash value, or provide better options for your family's future.
Read MoreWeekly Market Insights: Investors Anticipate Fed Rate Change
Stocks surged last week, led by tech giants, after positive inflation data raised hopes of a Fed rate cut. Dow tops 40,000 with the S&P 500 reaching new highs, fueled by cooler CPI figures. #StockMarket #InflationNews #DowJones #SP500
Read MoreThree Reasons Why I’m Optimistic
Explore three reasons to be optimistic about the financial markets in 2024. With an upcoming election, $6 trillion in sideline cash, and rising economic activity, stay informed and positive about future growth. #Finance #Economy #Investing
Read MoreWeekly Market Insights: Stocks Rise, Anticipating Rate Cut
Explore our Weekly Market Insights! Stocks soared on rate-cut hopes and global peace prospects, with robust job data sparking the rally. Dive into key trends and forecasts for the week ahead.
Read MoreThe Fed Started to Ease. Did You Miss It?
Some have been waiting for the Fed to lower interest rates and confirm it will ease monetary policy, which may result in lower home mortgage rates, credit card rates, auto loans, and so forth. However, the Fed went another route at...
Read MoreWeekly Market Insights: Volatility, Uncertainty Rule the Week for Markets
Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data. Stocks Pop, Drop, Then Rally Markets began the week with an upward bump as positive news from some mega-cap tech companies...
Read MoreWeekly Market Insights: Despite Turbulent Week, Stocks Stage Comeback
Stocks staged a choppy comeback last week as investors cheered positive earnings, led by mega-cap tech stocks. The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures. Stocks Bounce...
Read MoreWeekly Market Insights: Fed and Middle East Conflict Diminish Stocks
Explore our Weekly Market Insights as stocks drop for a third week amid Fed Chair Powell's shifting stance and Middle East tensions. Despite these challenges, positive retail sales indicate resilience. Stay updated with key economic data an
Read MoreWhy You May Need to Consider Switching Your 401(k) Plan Advisor or Recordkeeper
Is your 401(k) plan optimized? Consider switching to proactive management to reduce fees, enhance services, and improve performance. Contact us for a complimentary review!
Read MoreWeekly Market Insights: Stocks Startled By Inflation, Conflict
Stocks dropped last week amid conflicting inflation reports and rising geopolitical tensions. CPI data showed unexpected inflation growth, spooking markets and affecting bond yields, while PPI provided a brief rally.
Read MoreProtecting Your Family's Future: A Guide to Life Insurance and Legacy Planning
Secure your family's future with our guide on life insurance! Learn the differences between term and whole life, discover the hybrid strategy, and find out how much coverage you need. Protect your loved ones and build a lasting legacy.
Read MoreIs Household Spending Poised to Surge?
Is household spending set to surge? With a $13.5 trillion increase in U.S. household wealth since the Fed's shift to a more accommodating policy in November 2023, a market rally could boost spending and help manage debt. #financialmarkets
Read MoreWeekly Market Insights: Stocks Narrowly Higher
Stocks were narrowly higher for the week as investors digested mixed economic news about consumer confidence. All three of the major averages posted gains for Q1 2024. Stocks Finish Strong Markets slipped for the first half of the...
Read MoreWeekly Market Insights: Second Week of Stock Retreat
Stocks fell for a second week amid inflation fears, despite a positive consumer price report. Weak retail sales and rising producer prices added to concerns, while energy, financials, and materials sectors showed strength.
Read MoreSupporting Adult Children vs. Saving for Retirement: Navigating the 47% Dilemma
47% of parents support adult children financially, often more than their retirement savings. Finding balance is crucial for financial well-being. I'm here to help manage this balance and facilitate difficult financial conversations.
Read MoreSupercharge Your Wealth: Tax Savings with Retirement Strategies for Entrepreneurs and Small Business
Unlock tax savings and turbocharge your retirement plan! Discover tax-efficient strategies for entrepreneurs and small businesses to maximize wealth. Perfect for high earners seeking smart financial solutions. #RetirementPlanning #TaxSaving
Read MoreWeekly Market Insights: Markets Take a Breather After Mixed Week
Dive into our latest blog for key market insights! Discover how Fed Chair Powell's testimony and unexpected job reports are shaping investment trends. Stay ahead with our analysis of upcoming economic data and earnings. #MarketTrends #GAMSG
Read MoreUnlock a Tax-Free Retirement: Transform Your Financial Future
Unleash the secret to a tax-free retirement with Patrick Kelly's strategies! Discover how to maximize wealth, enjoy flexibility, and protect your assets. Ready for a financial revolution? Dive into our latest blog and transform your future!
Read MoreRevolutionize Your Wealth: Harness the Hidden Power of Cash Value in Whole Life Insurance
Unlock the secrets of financial independence with the Infinite Banking Concept! Learn how cash value life insurance can revolutionize your wealth strategy in our latest blog by Kevin Webb. Don't miss out on this game-changing approach!
Read MoreQ1 Earnings; The Devil Is in the Details
Q4 2023 S&P 500 earnings up 7.4%, but details matter. Top 15 companies led by Nvidia and Amazon, with 78% earnings increase. Middle 470 up 2.6%, bottom 15 lose $35B. Headlines can be misleading; in-depth analysis is crucial for investment s
Read MoreWeekly Market Insights: Tech and AI Lead Another Advancing Week
Market surges with tech and AI leading the charge, Nasdaq hits record highs! Consumer confidence stays robust, spending shifts from goods to services. Brace for pivotal economic data and earnings. Plus, savvy tax tips and healthy food swaps
Read MoreWeekly Market Insights: AI's Breakthrough Sparks Stock Surge & Future Prospects!
Stocks soared to record highs as Nvidia's AI chip advancements boosted the S&P 500 and Nasdaq. Nvidia's market cap hit $2 trillion, showcasing investor confidence in AI's economic impact. #StockMarket #AI #Nvidia #SP500 #Nasdaq
Read MoreSun, Fun, and a Splash of History: The Unforgettable Legacy of Spring Break
Dive into the vibrant history of Spring Break, from its 1930s origins to its pop culture boom in the '60s. Discover how this annual tradition became an American staple. Get ready for sun, fun, and a journey through time. #SpringBreak
Read MoreGen Z, Millennial Couples Prefer Financial Autonomy
Discover how Gen Z and Millennial couples maintain financial autonomy while navigating shared expenses. Kevin C. Webb of GAMSG Financial Advisors shares time-tested strategies for open communication and balanced finances in relationships.
Read MoreWeekly Market Insights: Market Retreats on Inflation, Economic Reports.
Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. Stocks Snap Winning Streak Markets were quiet Monday but opened lower Tuesday in response to the...
Read MoreWeekly Market Insights: S&P Hits Record High
The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news; this propelled the S&P 500 Index to achieve a new record high at the...
Read MorePlaying Catch Up
Have you saved enough? Whether you started late, or have regularly saved throughout your career, you might wish you could stash some additional cash in your retirement fund. Fortunately, if you’re 50 or older, you can. The IRS...
Read MoreWeekly Market Insights: Investors Move Past Mixed Fed Message
Stocks pushed higher last week as investors cheered mega-cap tech corporate reports and a better-than-expected employment report. Stocks at New Highs At the beginning of the week, stocks surged, anticipating fourth-quarter corporate...
Read MoreWeekly Market Insights: Excitement Around Big Tech Continues
Stocks continued their upward climb last week as excitement around big tech continued; positive economic reports stoked investors’ belief that the Federal Reserve has pulled off a soft landing. Stocks Power Ahead Big tech was...
Read MoreWeekly Market Insights: Big Win For Big Tech
Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision. Stocks Dip, Then Rally Stock prices dropped early in...
Read MoreWeekly Market Insights: Investors Begin to See the Light in Upbeat Week.
Stocks pushed higher last week, led by big tech names and boosted by December inflation reports that were mixed but positive enough to shore up investor confidence in Fed rate cuts this year. Stocks Rock and Roll It was a rocky week...
Read MoreWeekly Market Insights: Investors Enter 2024 in Doubtful Mood
Stocks retreated in the first trading week of 2024, struggling a bit after a celebratory end to last year as investors second-guessed Fed signals and fretted over lingering inflation concerns. New Year Blues Stocks got off to a rough...
Read MoreThe Power of Compound Interest: Your Path to Financial Growth
Explore the power of compound interest with Kevin Webb's expert advice. Learn how early and consistent investing can lead to exponential financial growth. Embrace smart finance strategies for lasting wealth. #FinancialWisdom
Read MoreWeekly Market Insights: Investors Boost Stocks Ahead of Holiday Week
Investor optimism and fears of missing out on future gains propelled stocks higher in the last full week of trading before year-end. The Dow Jones Industrial Average added 0.22%, while the Standard & Poor’s 500 gained 0.75%. The...
Read MoreNavigating the Complexities of Refinancing Student Loans for Physicians: Insights from Kevin C. Webb
Explore the pros and cons of refinancing student loans for physicians. Understand loan forgiveness, rate types, and long-term impacts on your financial health in our latest insightful guide.
Read MoreMaximizing the Benefits of a Health Savings Account (HSA): A Guide by Kevin Webb, GAMSG FA
Discover how to maximize your Health Savings Account (HSA) benefits with our guide. Learn about 2024 contribution limits, tax advantages, and strategies for long-term savings and healthcare planning. #HSABenefits #TaxSavings #FinancialPlan
Read MoreWeekly Market Insights: Stocks Rally on Fed, Inflation News
Markets reacted positively last week to cooler inflation and the idea of potential rate cuts next year, adding to the gains of the market’s year-end rally. The Dow Jones Industrial Average rose 2.92%, while the Standard &...
Read MoreRecord Number of Americans to Travel Abroad
In economics, there are lead indicators and lag indicators. But often, the coincident indicators–stats that show the current state of the U.S. economy–tell the best stories. The Conference Board reports that a record-high...
Read MoreWeekly Market Insights: Stocks Rise as Bond Yields Fall
A Friday rally turned an otherwise mixed week for stocks into a solid performance. The Dow Jones Industrial Average picked up 2.42%, while the Standard & Poor’s 500 gained 0.77%. The Nasdaq Composite index rose 0.38% for the...
Read MoreCash Balance Plans: An Employer's Ultimate Retirement Strategy
"Discover the financial prowess of Cash Balance Plans—a game-changing retirement strategy for employers. Unlock wealth-building potential and secure a prosperous future for businesses and employees alike.
Read MoreWeekly Market Insights: Stocks Rise as Bond Yields Fall
A Friday rally turned an otherwise mixed week for stocks into a solid performance. The Dow Jones Industrial Average picked up 2.42%, while the Standard & Poor’s 500 gained 0.77%. The Nasdaq Composite index rose 0.38% for the...
Read MoreHow does a Cash Balance Plan reduce tax liability?
Some individuals can contribute as much as 398k pre-tax for 2023 to a cash balance plan. Contributions to a cash balance plan are tax-deferred, meaning individuals can deduct the contributions from their taxable income.
Read MoreIRS Releases 2024 Tax Brackets, Retirement Contribution Limits
The Internal Revenue Service recently released updated income tax brackets, standard deduction, and retirement contribution limits for the 2024 tax year. While these taxes are not due for some time, it may benefit you to start...
Read MoreCash Balance Retirements Plans for Healthcare Practices & Physicians - Webinar
Cash Balance Retirement Plans for Healthcare Practices & Physicians webinar hosted by GAMSG Financial Advisors in conjunction with FuturePlan by Ascensus.
Read MoreWeekly Market Insights: Short Week Strong for Stocks
Investor enthusiasm for stocks remained strong last week, buoyed by declining bond yields in a holiday-abbreviated trading week. The Dow Jones Industrial Average picked up 1.27%, while the Standard & Poor’s 500 gained 1.00%. The...
Read MoreWeekly Market Insights: November Rally Continues
Stocks extended their November rally last week as investors cheered lower-than-forecast inflation data. The Dow Jones Industrial Average gained 1.94%, while the Standard & Poor’s 500 added 2.24%. The Nasdaq Composite index rose...
Read MoreWeekly Market Insights: Stocks Rally Friday; Powell Cautious On Progress
A powerful Friday rally left stocks higher last week, extending the market’s early November gains. The Dow Jones Industrial Average rose 0.65%, while the Standard & Poor’s 500 advanced 1.31%. The Nasdaq Composite index...
Read MoreWeekly Market Insights: Stocks Rally Friday; Powell Cautious On Progress
A powerful Friday rally left stocks higher last week, extending the market’s early November gains. The Dow Jones Industrial Average rose 0.65%, while the Standard & Poor’s 500 advanced 1.31%. The Nasdaq Composite index...
Read MoreInflation Math for Today’s Retiree
You may have heard the saying, “inflation hurts savers and benefits borrowers.” The expression suggests that borrowers benefit from inflation because they pay back lenders with dollars worth less than when the money...
Read MoreWeekly Market Insights: Stocks Rise, Jobs Cool
Stocks ripped higher last week on a dramatic retreat in bond yields triggered by easing inflation and a slowing labor market. The Dow Jones Industrial Average jumped 5.07%, while the Standard & Poor’s 500 surged 5.85%. The...
Read MoreWeekly Market Insights: Stocks Retreat on Cautious Earnings Reports
Amid a busy week of corporate earnings reports, stocks slumped on cautious earnings guidance, fears of higher interest rates, and growing anxiety over the increasing amount of Treasury bonds and notes coming to market. The Dow Jones...
Read MoreGuiding the Boomerang Generation
I've seen the "Boomerang Generation" in more than a few headlines lately. These young adults return, or "boomerang," to their parents' homes as they attempt to navigate the property market. The key culprit is mortgage rates nearing...
Read MoreWeekly Market Insights: Stocks Retreat Despite Solid Earnings
Rising bond yields and uncertainty over whether this was the close of the Fed’s rate-hike cycle dragged markets lower last week despite solid corporate earnings results. The Dow Jones Industrial Average sank 1.61%, while the...
Read MorePlaying Catch Up
Have you saved enough? Whether you started late, or have regularly saved throughout your career, you might wish you could stash some additional cash in your retirement fund. Fortunately, if you’re 50 or older, you can. The IRS...
Read MoreWeekly Market Insights: Markets React to Turmoil in Middle East, Inflation Concerns.
Stocks ended mixed last week amid the outbreak of hostilities in the Middle East and higher-than-expected inflation data. The Dow Jones Industrial Average gained 0.20%, while the Standard & Poor’s 500 rose 0.45%. But the Nasdaq...
Read MoreWeekly Market Insights: Stocks Rally After Strong Jobs Report
A Friday rally overcame a shaky week, sending stocks mostly higher. The Dow Jones Industrial Average slipped 0.30% for the week. Meanwhile, the Standard & Poor’s 500 gained 0.48%, and the Nasdaq Composite index added 1.60% for...
Read MoreWeekly Market Insights: Bond Yields Rise; Government Shutdown Looms
Rising bond yields and government shutdown fears left stocks in mostly negative territory for the week. The Dow Jones Industrial Average lost 1.34%, while the Standard & Poor’s 500 slipped 0.74%. The Nasdaq Composite index was...
Read MoreWeekly Market Insights: Bond Yields Rise; Government Shutdown Looms
Rising bond yields and government shutdown fears left stocks in mostly negative territory for the week. The Dow Jones Industrial Average lost 1.34%, while the Standard & Poor’s 500 slipped 0.74%. The Nasdaq Composite index was...
Read MoreWeekly Market Insights: Stocks End Summer with Gloomy News
Rising bond yields and fears of a government shutdown hammered stocks last week, with technology shares bearing the brunt of the retreat. The Dow Jones Industrial Average lost 1.89%, while the Standard & Poor’s 500 dropped 2.93%...
Read MoreSeptember Is National Life Insurance Awareness Month
It’s time for your life insurance checkup. September is National Life Insurance Awareness Month, so it’s a great time to review your coverage.1 If you don’t have any life insurance, you’re not alone. Life...
Read MorePlan to save taxes and grow wealth at once.
Don’t just invest. Plan to save taxes and grow wealth at once. Integrated wealth management gives you a powerful, synergistic way to create and preserve wealth. That’s the kind of wealth management I bring to business...
Read MoreBudget Bill Next “Headline Risk” for Stocks
Have you ever heard the expression, “It’s a headline risk for the markets?” Headline risk is the chance that an unsettling news event–anticipated or a surprise–can add volatility to the financial markets....
Read MoreGAMSG - Weekly Market Insights: Will the Fed Raise Interest Rates?
Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week. The Dow Jones Industrial Average slipped 0.75%, while the Standard & Poor’s 500 declined 1.29%....
Read MoreAfter Inflation, Eyes Shift to Q3 GDP
Wall Street is slowly starting to talk about an “expansion economy” and forgetting about any recession fears. July’s consumer inflation report was soft, so attention will soon shift to gross domestic product in the...
Read MoreWeekly Market Insights: September Stocks Open In Positive Territory
Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains. The Dow Jones Industrial Average advanced 1.43%, while the Standard & Poor’s 500 gained 2.50%. The Nasdaq Composite index...
Read MoreHappy Labor Day!
More than just a bookend to the summer season, Labor Day is a celebration of workers' contributions to the well-being of our country and the economy. Labor Day was first celebrated on Sept. 5, 1882, in New York City, in accordance...
Read MoreDon't Turn Off The Football Game
It’s football season. School is back in session, the days are getting shorter, and the weather is starting to turn. If you sit down to watch your alma mater play, your “to-do” list may grow. Your car may only have...
Read MoreWeekly Market Insights: Stocks Retreat; Powell Talk Goes Hawk
Stocks fluctuated last week, jostled by fitful bond yields and headline news, before ending strongly following Fed Chair Powell’s comments on the monetary outlook. The Dow Jones Industrial Average slipped 0.45%, while the...
Read MorePlan to save taxes and grow wealth at once.
Don’t just invest. Plan to save taxes and grow wealth at once. Integrated wealth management gives you a powerful, synergistic way to create and preserve wealth. That’s the kind of wealth management I bring to business...
Read MoreThe 401(k) Millionaires Club
The stock market rebound has significantly increased the number of workers with $1 million or more in their workplace retirement accounts. According to Fidelity Investments, employees with 401(k) balances exceeding $1 million rose 26...
Read MoreAugust Is Make a Will Month
August is Make a Will Month, a time dedicated to strategizing for the future. You may have seen in the news that Aretha Franklin's loved ones are still caught in a legal battle due to the existence of multiple wills. The lesson from...
Read MoreGAMSG - Weekly Market Insights: Stocks Weather Summer Storm of News and Indicators
Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The...
Read MoreGAMSG - Weekly Market Insights: Summertime Blues for the Markets
The markets seem to be experiencing some summertime blues lately. There's been a bit of a dip in the overall performance, and investors are feeling a bit nervous. There are a few factors at play.
Read MoreWhy August Can Be a Volatile Month
Why is August a volatile month? One simple reason: many people are on vacation. And when people are out of the office, the financial markets often see less trading, which can cause big price swings following news events. The Fitch...
Read MoreWeekly Market Insights: Stocks Raise White Flag to Bad News
Weekly Market Insights: Stocks Raise White Flag to Bad News
Read MoreWhy the Fed Is Focused on Your Paycheck
The Federal Reserve has a dual mandate—manage inflation and maximize employment. But sometimes, those economic goals conflict with each other. As you can see in the accompanying chart, labor shortages in 2022 pressured...
Read MoreWhy the Fed Is Focused on Your Paycheck
The Federal Reserve has a dual mandate—manage inflation and maximize employment. But sometimes, those economic goals conflict with each other. As you can see in the accompanying chart, labor shortages in 2022 pressured...
Read MoreBox Office Surprises: The Rise of "Barbenheimer"
You may have heard of the cultural craze that's caused a recent box office boom. Dubbed "Barbenheimer," the odd cinematic pairing of Gretta Gerwig's "Barbie" and Christopher Nolan's "Oppenheimer" is proving to be exactly what tinsel...
Read MoreWeekly Market Insights: Stocks Advance and Retreat on Mixed News
Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. The Dow Jones Industrial Average rose 2.08%, while the...
Read MoreEveryone Needs an Estate Strategy
Like some of my clients, you may have seen the latest regarding Aretha Franklin's estate. The Queen of Soul passed in 2018, and years later, her loved ones are still caught in legal trials thanks to the existence of multiple wills.
Read MoreBudgeting for Surprises: Summer Travel Tips
When budgeting for your summer trips, it's always important to plan for surprises. Unexpected expenses can quickly add up and put a damper on your vacation. Budgeting at least 1/3 of your travel budget for unforeseen expenses.
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