Weekly Market Recap – November 22, 2013

U.S. equity markets have paired the losses they sustained earlier in the week, as data showed weekly jobless claims fell to their lowest level since September and optimism flowed from ongoing fiscal negotiations in Washington. The S&P 500 ended the week above 1,800 points and the Dow average has climbed above 16,000 for the first [...]

November 22nd, 2013|

Don’t Overspend This Holiday Season! Here’s How…

I took my two-year old daughter, Lexi, to Trader Joe's yesterday to buy two turkeys. Over the past couple years I’ve picked up the hobby of smoking meat, so I’m going to try smoking a turkey for the first time, and just in case something goes wrong, I'm going to fry the other one.  If [...]

November 21st, 2013|

Yikes: Private College Tuition for 2013 Babies

Did you have a baby this year? We did! Check out these staggering numbers: A child born in 2013 that begins kindergarten in the fall of 2018 would attend college between the years of 2031 and 2035.  If that child attended an average private 4-year college and if the annual price increases for private colleges [...]

November 19th, 2013|

Weekly Market Recap – November 15, 2013

It was a relatively quiet week on the U.S. data front, with the only notable releases being September international trade and the wholesale inventory report. International trade surprised to the downside – with the trade deficit widening to $41.8 billion – while inventories posted a sizeable monthly gain of 0.4%. Weaker third quarter economic growth [...]

November 15th, 2013|

Market Commentary: Crisis Averted

The US Markets had a slight pullback in the final week of the month, but finished October overall with solid gains. The highlights of the month were once again centered on politics and the Federal Reserve. The global economy collectively breathed another sigh of relief on October 16th. With less than 24 hours before the [...]

November 12th, 2013|

October Market Commentary

The 3rd quarter ended with the global markets – both equities and fixed income – experiencing gains. The news has been dominated lately by the government shutdown and debt ceiling headlines. Even though the political jabs, finger pointing and the like make for good theater, the chart below, at least, tells us what will happen [...]

October 16th, 2013|

Will Your Tax Bill Increase?

Did you know that individuals with no change in their income from last year could potentially owe the IRS because of tax law changes that went into effect in 2013? Do you know if you’re going to be one of those individuals? The modified adjusted gross income (MAGI) threshold for paying the new 3.8% Medicare [...]

October 16th, 2013|

What kind of planner are you?

I’m obviously biased when discussing the importance of financial planning. However, I’d like to present some findings that may (or may not) surprise you. At the end, you’ll find a FREE offer from us to reward you for looking into this further. According to new research sponsored by the CFP Board and Consumer Federation of [...]

October 16th, 2013|

Parsing the Fed Talk

The September Market Commentary was delayed by a week so that we could provide you with our comments about the important events that took place last week; specifically, Larry Summers removed himself from contention to be the next Federal Reserve Chairman at the beginning of the week, and the Federal Reserve released notes last Wednesday [...]

September 25th, 2013|

What’s driving the S&P 500?

U.S. stocks resumed their positive streak in July (after a slightly negative June). Large-cap stocks rose in three out of the four weeks and were up 5% for the month. Smaller companies generally outperformed their larger-cap counterparts. After Federal Reserve comments regarding the timing of its stimulus withdrawal upset markets in May and June (particularly [...]

August 14th, 2013|