February 2020

Retirement Articles This Week

Your Retirement Help Center!

We'll focus on websites and publications that help prepare and plan your retirement and personal finance decisions. Visit us each week.  Thank you for visiting and gaining great retirement insight!

 

2016 Market Recap....Strong finish after Trump victory

All three major indexes notched healthy gains in 2016. The Dow was up 13.4%; the S&P gained 9.5%; and the Nasdaq was up 7.5%.

Posted on Saturday, December 31 by Registered CommenterWise Owl | Comments Off

happy Holidays from our friends in Charleston!

Posted on Wednesday, December 21 by Registered CommenterWise Owl | Comments Off

Pumpkin Pie needs Reddi-wip!

Supplies of Reddi-wip and other canned brands are running low nationwide due to shortfalls of nitrous oxide, the gas used as a propellant for the “aerosol whipped topping,” the Chicago Tribune reports

Posted on Friday, December 16 by Registered CommenterWise Owl | Comments Off

Sorta fun to watch....Dow close to 20,000

Posted on Friday, December 16 by Registered CommenterWise Owl | Comments Off

Looks Like The Santa/Trump Rally???

Today, the S&P 500, Dow Jones Industrial Average, and NASDAQ all set new all-time highs. The Dow is now up 12% on the year. The S&P 500 is up 10%. The NASDAQ is up 8%.

The Russell 2000, which tracks 2,000 small U.S. stocks, also notched a new high today. It’s climbed 21% since the start of the year.

Posted on Thursday, December 8 by Registered CommenterWise Owl | Comments Off

Sector Rotation...You'll hear this a lot this month...

Money is in sectors and after the Trump victory...it's moving into financials, energy, industrials and defense stocks.  Here's a look at the S&P in the last month...Not sure what you should do with your portfolio?...now is a good time to tallk with your fianancial advisor! 

Take a look at the last month performance:

Sector SPDR Fund    % Change
S&P 500 Index        +3.40%
Consumer Discretionary (XLY)        +4.88%
Consumer Staples (XLP)    -4.41%    
Energy (XLE)        +7.29%
Financials (XLF)        +16.48%
Health Care (XLV)        +1.87%
Industrials (XLI)        +10.75%
Materials (XLB)        +7.49%
Real Estate (XLRE)    -2.60%    
Technology (XLK)        +0.13%
Utilities (XLU)    -3.53%    

Posted on Friday, December 2 by Registered CommenterWise Owl | Comments Off

November To Remember!!!...Trump Rally

Dow Jones up big this month....19,123

Interest rates up....Ten Year Yield 2.37%

Oil...guess what heading up....49.15 a barrel

Gold...Down...down... 1174

Markets are loving Trump heading to the White House. 

 

Posted on Wednesday, November 30 by Registered CommenterWise Owl | Comments Off

Millennial Gift giving...A Roth IRA!

Giving money for a Roth IRA can be especially helpful for young adults working full-time who feel hard-pressed to save for retirement when they are juggling student loans, rent, or perhaps saving for a down payment on a house.

As long as the millennial in your life has modified adjusted gross income below $117,000 this year ($184,000 for married couples filing a joint tax return) she can fund a Roth IRA up to the $5,500 annual limit. In 2017 the cutoff for a full contribution is $118,000 for individuals and $186,000 for married couples.

Set up a Roth IRA with your favorite broker...most have very low minimums!...

Courtesy of Consumer Reports

Posted on Tuesday, November 29 by Registered CommenterWise Owl | Comments Off

Seeking Alpha...Helpful website For Investing

Make sure to visit Seeking Alpha...great for stock ideas, dividend investing and lots of information on ETF's and funds.

Oh Happy Thanksgiving everyone!!!...Have a great holiday.

Posted on Wednesday, November 23 by Registered CommenterWise Owl | Comments Off

Money Moving to stocks...record high in all the indexes!

  • Dow 18,956...up
  • S&P 2198...up
  • Nasdaq 5368...up

Big rotation from bond funds into stocks...Probably a good time to call your advisor and look at your portfolio!

 

Posted on Monday, November 21 by Registered CommenterWise Owl | Comments Off

Dallas Pension Problems

Dallas police and firefighters are withdrawing hundreds of millions from their retirement plan following a series of investment blunders, heightening the risk that a major U.S. pension fund could run out of money.

Officers say they are pulling their retirement savings because of concerns about the fund’s finances. A series of aggressive real-estate bets from Hawaii to Paris and a conflict over the value of those properties triggered more than $500 million in losses, leaving the fund with enough to pay just 45% of future benefits. Officials are warning the pension could go broke by 2027.

Posted on Monday, November 21 by Registered CommenterWise Owl | Comments Off

Rising interest rates are hurting your dividend stocks

Most retiree's focus on dividend paying stocks when they approach retirement.  Unfortunately, these stocks have taken a tumble in the last month...rising interest rates impact these stocks.

Posted on Wednesday, November 16 by Registered CommenterWise Owl | Comments Off