According to Fidelity in an update released in February of this year, the average balance of 401(k) plan participants stood at $112,300, up 7 percent from the balance at the end of the prior quarter. This data is from plans using the Fidelity … [Continue reading]
8 Portfolio Rebalancing Tips
May 25, 2020 by 6 Comments
In light of the recent stock market volatility, it’s important to review your asset allocation and consider rebalancing your portfolio if needed. This post looks at some ways to implement a portfolio rebalancing strategy. Here are 8 … [Continue reading]
New Money Market Rules – How Will They Impact You?
March 22, 2020 by 2 Comments
Update 3/22/2020 - This past week the Federal Reserve saw fit to prop-up money market funds in the wake of the economic turmoil from the coronavirus. Its important for investors to understand the rules surrounding any money market fund in which you … [Continue reading]
Annuity Sellers Love Stock Market Turmoil
March 11, 2020 by 4 Comments
Update 3/11/2020 - We are in the midst of the worst stock market turmoil since the financial crisis in 2008, due to the coronavirus and related disruptions in the economy. It's times like these that can fuel fear-based selling tactics by many who … [Continue reading]
401(k) Options When Leaving Your Job
January 28, 2020 by 12 Comments
Perhaps you are retiring or perhaps you are moving on to another opportunity. Perhaps you were downsized. Whatever the reason, there are many things to do when leaving a job. Don’t neglect your 401(k) plan during this process. With a defined … [Continue reading]
SALT and Your Taxes
January 19, 2020 by Leave a Comment
One of the big topics again this tax season is SALT. This is not a seasoning for food, but rather SALT stands for state and local taxes. The treatment of these expenses in terms of their deductibility for those who itemize was a major change … [Continue reading]
How Much Apple Stock Do You Really Own?
January 5, 2020 by 4 Comments
Apple (AAPL) stock has been a great investment over the years. Based upon its stock price and the number of shares outstanding it is the largest U.S stock based upon market capitalization. This means it is the largest holding in many popular index … [Continue reading]
How is My Financial Advisor Compensated?
August 26, 2019 by 3 Comments
Many investors do not understand how their financial advisor is compensated. It is important that all clients fully understand how their financial advisor is compensated and how much this relationship is truly costing them. The three basic … [Continue reading]
The Bull Market Turns 10 – Now What?
March 8, 2019 by Leave a Comment
On March 9, 2009 the market downturn fueled by the financial crisis bottomed out as measured by the S&P 500 Index. On that day the index closed at 677. As we approach the tenth anniversary of the ensuing bull market, the index closed at 2,749 on … [Continue reading]
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