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
For decades, central banks have cut interest rates to spark economic growth in troubled times. But more recently, when even extremely low or zero rates couldn’t boost economies in the eurozone, Switzerland, Sweden, Denmark, or Japan, central banks took an even more dramatic step and imposed negative interest rate policy (NIRP). When rates go negative, it
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.
A portfolio and investment checkup is a great and effective way to measure the progress that you are making towards achieving your goals. It is extremely important to periodically review your finances and look at what’s working well, and uncover any issues that need to be addressed.
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
Being self-employed or owning a small business gives you a certain measure of freedom in your career. According to the U.S. Bureau of Labor Statistics, 15 million people were self-employed in 2015 or about 10% of the country’s workers. There are a variety of retirement plan choices for business owners or freelancers including a traditional or Roth IRA, a solo 401(k), a SEP IRA, or a SIMPLE IRA. Here are some of the options you may want to consider.
Lloyd A. Sacks, a financial adviser at Bridgewater-based Sacks & Associates LLC, evoked an old adage when talking about the current conditions: The market likes to take the stairs up, and the elevator down.
