In this week’s recap: Wall Street maintains its risk-on mood, even as tensions grow between the U.S. and Iran, influenced by a White House tweet and a dovish signal from the Federal Reserve. THE WEEK ON WALL STREET The S&P 500 hit an all-time peak of 2,964.03, in intraday trading Friday, while improving 2.20% across five market days. The Dow Jones Industrial Av … [Read more...] about Market Update (June 24th, 2019)
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Tax Efficiency
What it means; why it counts. The after-tax return vs. the pretax return. Everyone wants their investments to perform well. But for many investors it’s their after-tax return that may make all the difference. After all, even if your portfolio is earning double-digit returns, it may not matter if you’re also losing a percent of those earnings to taxes.1 Holding onto ass … [Read more...] about Tax Efficiency
Market Update (June 17th, 2019)
In this week’s recap: the major Wall Street equity indices see further June gains, oil investors react to tanker attacks, and retail sales improve. THE WEEK ON WALL STREET Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE d … [Read more...] about Market Update (June 17th, 2019)
The FIRE Movement
A radical new approach to working, saving, and retiring. Retire before 50 and live your best life. That is the message of the FIRE (Financial Independence, Retire Early) movement, which is drawing interest worldwide. Adherents of the FIRE movement contend that many young adults can pursue financial freedom and retire in their 40s (or 30s) through … [Read more...] about The FIRE Movement
Market Update (June 10th, 2019)
In this week’s recap: the blue chips have their best week of 2019, as investors like what they hear from the head of the Federal Reserve and interpret the latest monthly employment numbers. THE WEEK ON WALL STREET Stocks rallied during a week in which Wall Street was buffeted by headlines. The S&P 500 rose 4.41%. The Nasdaq Composite and Dow Jones Industrial A … [Read more...] about Market Update (June 10th, 2019)