Monthly Economic Update

THE MONTH IN BRIEF – June 2019  Hopes for a quick resolution to the U.S.-China trade dispute faded in May as discussions broke down and rhetoric from both sides turned tough again. The disappointment lingered on Wall Street: the month saw losses for stocks. On Main Street, consumer confidence was strong and inflation tame. Mortgage […]

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Unrealized Loss and Gain

What they are; why they matter.   For many investors, it can be tempting to think of one’s portfolio in terms of “gains” or “losses.” True, this is a central concept to understanding market behavior, but to truly maximize your investing knowledge, you also need to know about “unrealized gains,” “unrealized losses,” and how they […]

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Preparing to Sell Your Business

What is your exit strategy?   Your company is ripe for sale. Now what? These days, your children or employees may not necessarily want to take over your business, but you still want to sell your business. So, what’s a successful entrepreneur to do?  Find a buyer, of course. Many savvy business owners know that […]

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The Problem of Money Paralysis

Not making a move may not always be the best move to make.   A decision not made may have financial consequences. Sometimes, we fall prey to a kind of money paralysis, in which financial indecision is regarded as a form of “safety.”   Retirement seems to heighten this tendency. If you are single and […]

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Major Risks to Family Wealth

Will your accumulated assets be threatened by them?   All too often, family wealth fails to last. One generation builds a business – or even a fortune – and it is lost in ensuing decades. Why does it happen, again and again?   Often, families fall prey to serious money blunders. Classic mistakes are made; […]

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Reducing the Risk of Outliving Your Money

What steps might help you sustain and grow your retirement savings?   “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question, “outliving my money” will likely be one of the top answers. In fact, 61% of investors surveyed for a 2018 AIG retirement study ranked outliving their […]

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Monthly Economic Update

THE MONTH IN BRIEF – MAY 2019 Wall Street shifted its focus from trade to earnings in April. On that front, the news was good: through April 26, first-quarter results for S&P 500 firms had beaten expectations by 5.3%, a bit better than the historical average of 4.8%. A strong first-quarter gross domestic product reading […]

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Why DIY Investment Management Is Such a Risk

Paying attention to the wrong things becomes all too easy.   If you ever have the inkling to manage your investments on your own, that inkling is worth reconsidering. Do-it-yourself investment management is generally a bad idea for the retail investor for myriad reasons.   Getting caught up in the moment. When you are watching […]

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Where Will Your Retirement Money Come From?

Retirement income may come from a variety of sources.    For many people, retirement income may come from a variety of sources. Here’s a quick review of the six main sources:   Social Security. Social Security is the government-administered retirement income program. Workers become eligible after paying Social Security taxes for 10 years. Benefits are […]

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