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The Price of Oil - The Good & the Bad

Published October 27, 2014 5792 Views

If you drive a gas powered automobile, I'm willing to bet that your recent visits to the pump were pleasantly surprising. Crude oil has dropped nearly 20 percent over the last few months and reached a 27-month low on Wednesday night of $80.52 a barrel. A good portion of this recent pullback in oil p...

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Red Delicious: Apple

Published October 23, 2014 5822 Views

One of the best things about fall in upstate New York is apple season! Granny Smith, Red Delicious, Honey Crisp, Gala - you name it, we have it. However, there is a different kind of apple making headlines. Apple Inc. has positioned itself not only as a trend setter in the technology industry but ha...

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How Do You Know?

Published October 22, 2014 6102 Views

After last week's continued volatility, market experts on financial websites and television networks have been predicting where the markets are headed. Those predictions vary greatly and, at any point, you could see headlines similar to: "The deja-vu selloff is reaching a crisis bottom", "This has b...

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Don't Panic

Published October 20, 2014 6320 Views

Please pardon the interruption to our regularly scheduled programming, but the recent market activity has issued me a call to arms. The S&P 500 and the Dow Jones Industrial Average, as of this writing, are officially in negative territory year-to-date, both down roughly 8% since their September peak...

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Retirement and 3 Major Risks

Published October 16, 2014 5769 Views

The main reason that people plan for anything in life is to mitigate risk. We plan on how much gas we will need to reach our destination or else we may run out. We plan for how much money we will need to buy our weekly groceries or else we may go hungry. We plan for how much time we need to perform...

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Is Your Stomach Upset?

Published October 14, 2014 6030 Views

After a sharp decline Friday afternoon, the S&P 500 and the NASDAQ suffered their worst weekly losses in over two years. For the week, the technology heavy NASDAQ was down 2.3%, the S&P was down 3.1%, and the Dow Jones Industrial Average was down 2.7%;this decline pushed the Dow into negative territ...

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5 things to consider before turning on your 401k faucet

Published October 9, 2014 6157 Views

Many people have placed the majority of their savings into their 401k plans. So when you need cash, and the bank account funds are simply not sufficient or your investments are not providing the cash flow you need, it is extremely tempting to consider taking money from your hard earned 401k. Before...

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Unemployment falls to six-year lows

Published October 7, 2014 5901 Views

Last Friday, markets were anxiously awaiting the release of the most recent jobs report. The Labor Department reported that, outside of the farm sector, the U.S. added 248,000 jobs in September well ahead of market expectations of 215,000 jobs added. Unemployment fell from 6.1% down to 5.9%; this de...

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Blocking & Tackling

Published October 6, 2014 6241 Views

It's football season again and September and October are the most dangerous months for the stock markets. The crashes of 1929, 1987, and 2008 all began in those months. Does that have anything to do with football? No; but it does give me an opportunity to prove that correlations don't prove causatio...

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Yes, Captain--you do have to pay taxes on those gifts.

Published September 29, 2014 5936 Views

After 20 seasons in the major leagues, Derek Jeter, the New York Yankees shortstop and longtime captain will retire. He played his final game at Yankee Stadium last Thursday in what was surely a storybook ending. After the Yankees blew the lead, Jeter played the hero, again; he knocked in the game-...

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