2021 Is Halfway Over: How to Conduct a Mid-Year Financial Checkup

Summer is finally in full swing, meaning we’re already about halfway through 2021. After a year like no other, we’re all excited to enjoy the warm weather with friends and family. If you have some time over the coming weeks, take a moment to slow down and check up on your financial wellbeing. Here are six things you can do right away to make sure your goals are being met and your finances are in good shape before heading into the second half of 2021. Review Your Budget It’s possible [...]

By |2024-01-30T19:35:18-05:00July 1, 2021|Financial Planning, Investments|

A Beginner’s Guide to Alternative Investments

Alternatives are investment options beyond the typical stocks, bonds and cash found in most portfolios. They can be tangible assets like precious metals, or they could be financial assets like private equity or hedge funds. Alternatives tend to be riskier than traditional assets, which means investors usually have to meet certain criteria to access them. Here’s a closer look at alternatives and some of the most common options available.   What is an alternative investment?   An alternative investment is a financial asset that does not fall under a conventional [...]

By |2024-01-30T19:35:37-05:00June 23, 2021|Investments|

How Does Dollar-Cost Averaging Work | Simple Investing Method

When you’re in a traffic jam on the highway, you may find yourself trying to merge into whichever lane is moving fastest at the moment, only to find yourself falling behind drivers that stayed in one lane the whole time. In the same way, you may feel the urge to time the stock market, attempting to put your money in and take it out at just the right moment—a behavior that can work against you. The market fluctuates, sometimes unpredictably, and often discipline and a steady hand are more effective [...]

By |2024-01-30T19:37:56-05:00March 4, 2021|Investments|

What You Need to Know About Investing During an Election

Elections can move the market, but that doesn’t mean you should change your approach. Like any big news event, U.S. presidential elections can cause ripples and even waves in the stock market. In November 2016, for example, Donald Trump’s victory sent Dow Jones Industrial Average futures plunging 900 points on election night, as investors reacted to the unexpected outcome. The next day, markets shot back up, rallying sharply. That kind of volatility may sound like a big deal, but election-related market movements don’t necessarily have an effect on long-term market [...]

By |2024-01-30T19:39:58-05:00October 16, 2020|Economic Insights, Investments|

Your IRA and Your Legacy | Retirement Saving Strategy

Individual retirement accounts can play a valuable role in the estate planning process Individual retirement accounts (IRA) are a cornerstone of many people’s retirement savings strategy, and for good reason: The ability to contribute pre-tax income—and to defer taxes until you start making withdrawals—means your savings can potentially grow more quickly than they could in a taxable account. But there’s more to IRAs than tax advantages for retirement savings. In fact, IRAs can play a valuable role in estate planning, offering powerful tax benefits to both you and your heirs [...]

By |2024-01-30T19:40:18-05:00June 15, 2020|Financial Planning, Investments, Retirement Planning|

4 Tips for Navigating the Coronavirus Crash | Stock Market

When stock markets experience sudden downturns, investors can feel anxious and make decisions detrimental to their long-term goals. After all, when you’ve worked hard for the money, it’s painful to see your account balances drop. This is a natural reaction, even with savvy investors who’ve experienced market volatility before. These extremes are enough to test your nerves. Now is not the time to panic and change your investment strategy. This is the time to stay level-headed, maintain perspective, and focus on the long-term. We recommend the following four strategies to [...]

By |2024-01-30T19:40:40-05:00April 3, 2020|Economic Insights, Investments|
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