Stocks headed higher again this quarter. The S&P 500 posted quarterly gains for the fourth consecutive quarter and has rallied in 12 of the past 14 quarters. The S&P 500 gained 3.3%, the Dow Jones Industrial Average added 2.1%, the Russell 2000 (small cap stocks) jumped 8.6% and the NASDAQ Composite popped 9.7% in the third quarter.
Imagine if you tried to put a price tag on your house at the end of every day or even several times a day. The process would drive you crazy! Think of all of the small things that could impact the price of your house. If a neighbor forgets to bring their trash can, minus 1%.
CDs have been a simple low risk investment for generations. What happens when you add a little spice to your grandma’s CDs? Banks and Wall Street firms are trying to add some zest to what is historically the most boring way to save outside of putting money under your mattress (until a house fire).
This election season is shaping up to be one of the most unusual presidential races we have seen in a long time. With the election a little under 75 days to go (only 75 more days of political ads!) it seems to be a daily occurrence someone wants to know how this election will impact their investments.
Sprint has been one of Kansas City's larger employers for a generation. Despite some ups and downs with Sprint's core business the 401k plan has been a great place for you to save for retirement.
Owning your company’s stock in your 401k is a common way to save for your retirement. When you leave your company you will probably just roll your 401k or other workplace plan into an IRA and not think twice about the process.
Most investors are chronically underweight in international investments for their portfolios. Recently, I have heard more people discussing their international allocation has been a drag on their portfolio and are considering reducing or eliminating their holdings. US stocks have just crushed global stocks on a relative basis for a number of years.
Americans as a whole are a patriotic bunch. We love to drape ourselves in the red, white and blue and root for the all things ‘Merica. The same holds true when it comes to our investments. Retirement and other investment portfolios tend to be invested almost exclusively, or at least overweight in US based investments.
The United Kingdom’s (UK) vote to leave the European Union (EU) set off a shock wave across the global political establishment and global financial markets. The outcome of the BREXIT vote was unexpected and global stock markets sold off sharply in the days after the June 23rd referendum.