Dalton — The stock market should pull back. It always does, by some magnitude. However, on the morning of Thursday, April 9, the Federal Reserve prescribed some good medicine, and the wounded stock market should heal even faster than we thought prior to this “whatever it takes” approach to propping up the economy. In response
The market has been prodded higher by monetary stimulus, and the strong suggestion by the Fed to keep rates lower for longer has given the U.S. economy the potential to stave off a recession for all of 2020.
I’m not going to deter anybody from getting invested to fund their retirement, but I will try to steer you away from using rules of thumb that are likely to be contrary to your ultimate goal of living your best possible retirement.
Dalton — Volatility in the stock market has become subdued over the last few weeks as U.S.-China trade talks have turned more positive. On Monday, Oct. 28, the S&P 500 stock market index went above its July 2019 all-time highs after even more positive news about U.S.-China relations was announced on the previous Friday. I’ll
Dalton — Growing up in the Berkshires, I could tell if a certain generation lived in the area at a certain time period by the way they referred to General Electric as “The GE.” For more than 20 years, because of my profession, local folks have asked me where “the GE” is going — should
According to the Employee Benefit Research Institute, currently 67% of workers are “very” or “somewhat” confident that they’ll be able to live comfortably in retirement. … Their optimism is probably misguided, but I’m happy for them. Ignorance, as they say, is bliss.
Have a conversation with your financial advisor. It’s perfectly appropriate for you to ask for tax returns or profit-and-loss statements and have them explain where their revenue is coming from in general, and, specifically, from your accounts.