In many countries, August is a sleepy month where people leave town for vacation. Some U.S. investors might be traveling, too. But anyone who escapes to the mountains this August might miss the market’s reaction to events ranging from an anticipated Fed rate cut to Apple (AAPL) earnings. Since we’re talking about mountainous scenery, it’s
(Thursday Market Open) After yesterday’s impressive comeback, global markets feel like they’re on better footing this morning with bond yields moving up. That doesn’t mean it’s OK to get complacent about possible aftershocks. The whiplash moves aren’t necessarily over, with volatility still elevated. The Cboe Volatility Index (VIX) did fall below 20 this morning, but
Portfolio management is the term used to describe the ongoing maintenance and attention that your investments should receive. It includes reviewing your asset allocation, adding new money and putting it to work, and reinvesting dividends. Most importantly, portfolio management is also about managing risk.
Everyone makes mistakes when it comes to investing and investment strategy, especially when reviewing a track record over a long term period of time. However, some mistakes can be worse than others. Whether you are just beginning to invest for your future or you have been investing for many years, the possibility and risk that your strategy may not pan out always exists. Being able to maximize your returns means being able to recognize what you should and shouldn’t do with your investments and savings. Here are the most common pitfalls and errors that investors should be cognizant of and how to avoid them.
Once we reach our 30’s, it becomes time to get serious about building personal wealth and to consider how we can maximize our prime earning years. Use these key points below to help you get on track with your finances and get a head start to build wealth in your younger years.
You may have heard the familiar mantra of financial professionals and pundits over the years and throughout market turmoil. Stay focused on the long-term. Don’t make trades based on emotions. Turn off the news and tune out the noise. Staying invested and holding your positions, even in the face of a sharp decline in the
Estate planning is an important, but often times overlooked, aspect of financial planning. Estate plans are used to make sure that an individual’s final property and health care wishes are honored and loved one’s are taken care of in the event of incapacity or after their passing. Estate plans are typically comprised of a variety of legal documents and financial strategies including a will, power of attorney (POA) and health directives, trusts, insurance policies, beneficiary designations, gifting strategies, and projected estate tax liability.
When it comes to economic issues, there are usually some signs that we can look to as an indication of what we can expect for the year ahead.
January not only marks the start of a new year, but also the beginning of Financial Wellness Month. January has always been a time for new beginnings and setting goals. And what better time for high net worth individuals to pause to reassess your financial plan?
Technology continues to evolve and change all aspects of our lives—from advances in healthcare that help people live longer, to the imminent arrival of the self-driving car that we often hear about. When it comes to personal finance and investing, robo-advisors, which use algorithms and software to provide automated portfolio management services, and the role that they are filling in the market place is just getting started.
