Sep 24, 2018 | Financial Planning, Wealth Management
Last week brought new tariffs and data, and another look at changes coming to equity classifications. Overall, the S&P 500 gained 0.85% and the Dow was up 2.25%, while the NASDAQ dropped 0.29%. International stocks in the MSCI EAFE had sizable growth, posting a 2.89% increase
Sep 20, 2018 | Uncategorized
Print ArticleThe total cost of Social Security will exceed its income resources this year for the first time since 1982.1 For now, trustees expect current taxes, interest income on reserves and trust fund asset reserves to provide the funding necessary for both Social...
Sep 17, 2018 | Financial Planning, Wealth Management
Last week, the East Coast prepared for Hurricane Florence, which roared through the Carolinas and Georgia. As investors kept their eyes on the weather and its potential for destruction, estimates emerged of up to $27 billion in hurricane damage. This potential for damage contributed to insurance companies in the S&P 500 declining last week. While the hurricane likely won’t have a large effect on our economy, its destruction could influence data for months to come.
Sep 11, 2018 | Legacy, Wealth Management
Print ArticleLegacy Issues Sixty-three percent of surveyed affluent adult children between the ages of 18 and 22 say they’ll need to rely on their inheritance for financial security during retirement. Before the inevitable groan about the entitlement of youth, bear in...
Sep 11, 2018 | Legacy, Wealth Management
Sixty-three percent of surveyed affluent adult children between the ages of 18 and 22 say they’ll need to rely on their inheritance for financial security during retirement.