In this week’s recap: stocks decline as Wall Street adjusts its expectations about the potential duration of the U.S.-China trade dispute, and some retail giants post first-quarter earnings. THE WEEK ON WALL STREET Stocks drifted lower last week as investors considered the possibility that the world’s two largest economies might take some time to resolve key trade iss … [Read more...] about Market Update (May 28th, 2019)
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 retired, you may be fearful of drawing down your retirement savings too s … [Read more...] about The Problem of Money Paralysis
In this week’s recap: tariffs and U.S.-China trade tensions once again become the talk of Wall Street, and U.S. stocks end up lower, week-over-week. THE WEEK ON WALL STREET Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. Even so, the major i … [Read more...] about Market Update (May 20th, 2019)
In this week’s recap: domestic and international stocks sell off as higher tariffs go into effect for Chinese goods coming to the U.S., while the wave of notable initial public offerings continues. THE WEEK ON WALL STREET As we noted recently, Wall Street has a wandering eye. Last week, it focused on the new tariff threats in the ongoing U.S.-China trade dispute. S … [Read more...] about Market Update (May 13th, 2019)
In this week’s recap: stocks come all the way back from their December lows, Q1 growth surpasses expectations, and earnings take center stage. THE WEEK ON WALL STREET Stocks returned to record territory, with both the S&P 500 and the Nasdaq Composite closing at historic highs. The S&P gained 1.20% for the week; the Nasdaq, 1.85%. The Dow Jones Industrial A … [Read more...] about Market Update (April 29th, 2019)
Are your choices based on evidence or emotion? Information vs. instinct. When it comes to investing, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly influenced by factors, many of them emotional, that we may not even be aware of. Deal du j … [Read more...] about Making Investment Decisions
In this week’s recap: stocks move sideways as earnings season gathers momentum, and retail sales jump. THE WEEK ON WALL STREET A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and the Dow Jones Industrial Average gained 0.56%. The M … [Read more...] about Market Update (April 22nd, 2019)
What should you focus on as the transition approaches? You can prepare for your retirement transition years before it occurs. In doing so, you can do your best to avoid the kind of financial surprises that tend to upset an unsuspecting new retiree. How much monthly income will you need? Look at your monthly expenses and add them up. (Consider also the … [Read more...] about Are You Retiring Within the Next 5 Years?