Published: May 8, 2017 4:07:48 pm 1286 Views
No matter your age or your approach to investing, there is one kind of investment that may be considered for your portfolio: dividend-paying stocks. That’s the opinion of Scott Wren, Managing Director and Senior Global Equity Strategist for Wells Fargo Investment Institute. While hardly the sexiest of investment choices, Wren says dividend-paying stocks may offer a difficult-to-beat combination — good quality and a history of typically lower volatility than the overall market. He...
Published: April 10, 2017 11:12:55 am 1266 Views
What comes easy won’t last, and what lasts won’t come easy.” - Unknown The strong first quarter of 2017 was the third in a row for stock markets. It might even be one of the most idyllic in decades. Not only was the S&P 500 up 5.5%, its daily price volatility was the lowest since the mid 1960’s, a remarkably smooth ride. The best performing sectors were Information-Technology (Facebook, Apple, etc.), Healthcare (Allergan, Biotech, etc.), and Consumer-Discretionary...
Published: April 6, 2017 8:19:32 am 1161 Views
With the loss of corporate pensions and concerns about the long-term viability of Social Security, most Americans expect to be personally responsible for funding their retirement to a degree unimaginable just a few generations ago. So the sooner you can start saving and investing, the better your chances for a secure retirement.
Published: February 23, 2017 11:17:20 am 1537 Views
The popularity and accessibility of retirement plans has resulted in Americans holding a significant portion of their assets in 401(k)s, 403(b)s, and IRAs. For many, these accounts represent the largest portion of their wealth outside of their homes. If you’re like most people you will likely need income from these accounts during retirement, or you may have accumulated sufficient other assets to sustain your lifestyle and wish to preserve your retirement assets for your heirs.
Published: February 15, 2017 9:48:41 am 1493 Views
Unfortunately, financial scams and identity theft are not only with credit cards and bank accounts, but they have expanded into taxes. Inevitably there are an unlucky few who are plagued with identity theft at tax time in a variety of ways. It is very important to be aware of phishing schemes and other potential ways that these criminals can get your personal information.
Published: January 26, 2017 8:54:26 am 1394 Views
On Wednesday, January 25, 2017, the Dow Jones Industrial Average passed a new benchmark: 20,000. This is a milestone investors have been waiting for since the fourth quarter of 2016. This milestone came on the heels of the NASDAQ also crossing its highest level in history on January 24th at 5,600. Now we are within striking distance of the S&P 500 index making history when it hits 2,300. While this is extremely exciting, at least the media thinks so, what does it mean for you?
Published: December 8, 2016 11:39:32 am 1525 Views
The British World War II poster slogan “Keep Calm and Carry On” is internationally known by many and is often mistakenly attributed to Winston Churchill. While Churchill, the shrewd Prime Minister, would likely agree he did not actually pen the phrase they are simple words meant to endure the turbulent war times. However, I feel it is appropriate and prudent advice for investors as well.
Published: November 14, 2016 4:18:08 pm 1751 Views
George T. Conboy’s Cow and Chicken Theory describes our markets best: no matter what’s happening, in the morning the farmer goes to the barn. The cow still gives milk and the chicken lays their eggs. Despite all the chaos from the election, deals are still happening. Furthermore, the Xerox and Conduent deal will be coming to close within the next sixty days. According to the Democrat and Chronicle on November 8th, Xerox announced the details on their upcoming split into two separate companies.
Published: October 26, 2016 11:16:00 am 1327 Views
As reported by USA Today, on Saturday, October 22nd, AT&T and Time Warner made a deal which outlined AT&T to purchase the communications company for $85.4 billion. Details in the cash and stock deal include that AT&T will pay $107.50 per share of Time Warner whose service includes HBO, CNN, TNT, TBS, Warner Bros, Bleacher Report, theme parks, and a 10% stake in their premier streaming service Hulu. Bugs Bunny is making a move—and will likely settle into his new home by the end of 2017.
Published: October 6, 2016 11:00:06 am 1206 Views
It is awfully common to hear clients talk about what they read or heard about investing, particularly the old “rule of thumb” about keeping equity exposure equal to 100 percent minus your age. So, if you are 70 years old 30 percent of the portfolio would be in stocks and 70 percent in bonds. My response to this is always, it depends on the client, your needs, and how you wish your assets to work for you. A recent New York Times article challenges this “rule of thumb” and suggests that investo...