77 percent of women believe if they had a financial advisor to help them, they’d feel more confident about their financial future.
A 2021 Fidelity study found that 64 percent of women want to be more financially active.
Weekly Market Recap Week Ended May 26
Mixed market U.S. stock indexes started the week on a negative note but shifted in a positive direction on Thursday and Friday. Results varied widely, with the NASDAQ posting a 2.5% total return, the S&P 500 adding 0.3%, and the Dow slipping 1.0%.
"Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1" - Warren Buffett
Buffett's first rule, "Never lose money," highlights the principle of capital preservation. He believes protecting your capital should be a primary focus because losing a substantial portion of your investment can significantly hinder your ability to generate long-term returns. By avoiding significant losses, you can ensure that your capital remains intact and has the potential to grow over time.
Why the next economic recovery may be stronger than expected.
While many investors are focused on the timing and severity of the next recession, Jared Franz has turned his focus to longer term questions: What could be the catalysts for a subsequent recovery? And what are some of the implications of that recovery for investor portfolios?
As investors worry about a recession, what steps can you take to boost your financial security.
Diversify your portfolio: Diversification is a fundamental principle of investing. Spread your investments across different asset classes, such as stocks, bonds, real estate, commodities, and various industries and geographic regions. This helps reduce the risk associated with any single investment and can mitigate the impact of a recession on your overall portfolio.
Weekly Market Recap: Week Ended May 19
The major U.S. stock indexes posted weekly gains, with the NASDAQ outperforming the S&P 500 and the Dow for the fourth week in a row. The S&P 500’s gain of 1.6% lifted that index above a narrow range that it had been stuck in since the start of April.
"The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch." - Warren Buffett
In baseball, a "called strike" refers to a pitch deemed a strike by the umpire without the batter attempting to swing at it. By saying that the stock market is a "no-called-strike game," Buffett means that as an investor, you are not penalized for letting opportunities pass by without taking action. In other words, you are not obligated to invest in every stock or opportunity that comes your way.
Getting Started with Investing and Budgeting in Times of Economic Uncertainty
In the face of economic uncertainty, including inflation, federal debt limit talks, and the possibility of a recession, many individuals are concerned about their financial well-being. It can be challenging to navigate investments and budgeting during such times.
Weekly Market Recap Week Ended May 12
Rerun week The S&P 500 and the Dow finished with small weekly declines while the NASDAQ eked out a tiny gain, repeating the pattern from the previous week, with the Dow underperforming again and the NASDAQ outpacing both of its peers.
"To be a successful investor, you have to be able to admit mistakes. I think that’s the single biggest obstacle to success." - Seth Klarman
When Seth Klarman says, "To be a successful investor, you have to be able to admit mistakes. I think that's the biggest obstacle to success," he emphasizes the importance of recognizing and accepting one's investment errors. Klarman is a well-known investor and the founder of Baupost Group, a prominent hedge fund.
Four financial considerations for women to take control of their financial future:
Building financial confidence throughout your life is crucial. Partnering with a financial advisor, such as Duncan Williams Asset Management, can provide guidance tailored to your circumstances and help you confidently achieve your financial goals.
Market Recap Week Ended May 5
The S&P 500 and the Dow posted modest declines that were roughly equal in scale to the previous week’s gains, while the NASDAQ was essentially flat. Although stocks made sizable daily movements in the latest week, they’ve traded in a relatively narrow range since early April.