Stocks markets around the world capped off an excellent year rallying in the final months of 2013. Europe and Japan lead the global equity rally this year. The international equity markets added 5.2% in the quarter and were up 17.8% for the year. This did not keep pace with the US markets but it was the best year for international markets since 2009.
Stocks had a strong finish to a remarkable year. The S&P 500 had its best annual performance since 1997 as investors took an optimistic view towards improving economic data and future corporate earnings. The market was relieved when Congress reached a budget deal and the Federal Reserve (Fed) started to taper their bond buying program.
There are less than two weeks left in 2013 and there are several financial planning items you can address before December 31st. Here are 5 recommendations to take a look at down the home stretch.
Stocks are having a bellwether year. There is no debating this but how the market has gotten there may surprise you. This year’s return has largely been driven from multiple expansion rather than earnings growth.
Stocks rallied on Friday on the back of a better than expected employment report.
In the New York Times, there was an article highlighting the benefits of having an investment policy statement (IPS) instead of a financial plan for your investment portfolios.
The price of a Bitcoin has been on a tear lately with it moving from $150 six weeks ago to over $800 yesterday. Now you either know what I am talking about or you are like what the hell is a Bitcoin. Bitcoin is a digital currency that has a finite supply.
November is a month that many American give thanks for the blessings that they have. It is also a time of year that we review our charitable giving heading into year end.