THE CORONAVIRUS BEAR OFFICIALLY KICKS THE 11–YEAR OLD BULL OUT OF WALL STREET Weekly Market Update — March 13, 2020 This was a week a week to remember, as all kinds of records fell, volatility came roaring back, Treasuries were all over the board, oil plummeted, a pandemic was declared, President Trump announced a national …
As global markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like the one we had in 2008? In light of all these concerns, today …
What You Need To Know About Recessions And Bear Markets Read More »
The Oracle of Omaha sharing his wisdom from the heart of America Berkshire Hathaway has been an overwhelmingly successful company and its CEO, Warren Buffett, is arguably one of the greatest investors of all time. In the more than five decades that Warren Buffett has controlled …
Unique Nuggets from Warren Buffett’s 2020 Letter Read More »
Weekly Market Update — March 3rd, 2020 The U.S. stock market suffered its worst week since 2008 as all the major U.S. indices entered into correction territory The DJIA suffered the most, giving back 12.4% on the week, but the S&P 500 fell 11.5% and NASDAQ surrendered 10.5% on a very volatile week Equities were …
World stock markets were hammered on Monday, February 24th as investors headed for the exits because of rising coronavirus worries, especially an unexpected surge in infections outside of China, mainly Italy and South Korea. Wall Street suffered its worst loss in 2 years on Monday, as investors …
MARKETS RETREAT AS CORONAVIRUS WORRIES INTENSIFY, PUSHING THE 30–YEAR TREASURY TO ITS ALL–TIME LOW Weekly Market Update — February 25th, 2020 The tech–laden NASDAQ and the broad, large–cap S&P 500 both hit new closing records this week, but trailed off toward the end of the week and finished in the red NASDAQ lost the most …
MARKETS RETREAT AS CORONAVIRUS WORRIES INTENSIFY Read More »
Retirement Income Perils Where will you get income in retirement? Most people think: By cashing in the investments I’ve accumulated during my working life. But even if you have a lot of money saved, cashing in will not always work. You need to have an income plan. The notion that you can withdraw a fixed …
There was a lot of fuss back in 2011 when the first wave of Baby Boomers turned 65. Baby Boomers hold 54% percent of all U.S. household wealth and account for almost 50% percent of consumer spending — and yet many were winging it as they moved into retirement. Experts have urged them to get …
5 RMD Strategies to Safeguard Your Retirement, Maximize Your Legacy Read More »
STOCKS UP FOR SECOND WEEK IN A ROW AS THE LARGE TECH NAMES LEAD AND THE CORONAVIRUS DOMINATES HEADLINES Weekly Market Update — February 17, 2020 U.S. equity markets continued their record–setting ways, moving up for the second week in a row, despite increasing worries about the coronavirus As seems to be the norm, the …
STOCKS UP FOR SECOND WEEK IN A ROW AS THE LARGE TECH NAMES LEAD Read More »
The History and Business of Valentine’s Day We will spend $27.4 billion, up 32% from 2019’s record of $20.7 billion When we were in elementary school, most of us have fond memories of receiving cards and candy on every February 14th. We would bring a decorated shoe-box to school and by the end of the …