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.
May 31, 2023 · 1 min
Are you considering an early exit from the workforce and dreaming of an extended retirement?
While it may seem enticing, it's essential to recognize that a lengthy retirement can have its share of unexpected downsides. Let's explore three potential drawbacks you might have yet to consider, along with strategies to help you prepare for them.
May 30, 2023 · 3 min
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%.
May 28, 2023 · 1 min
"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.
May 25, 2023 · 2 min
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?
May 25, 2023 · 3 min
Effective Strategies for Increasing Your Retirement Savings Beyond 50 Years Old
Maximize your contributions to retirement accounts: Take full advantage of contribution limits in your retirement accounts, such as 401(k) plans or IRAs. For individuals aged 50 or older, catch-up provisions allow additional contributions beyond the regular limits.
May 24, 2023 · 3 min
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.
May 23, 2023 · 3 min
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.
May 21, 2023 · 1 min
"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.
May 19, 2023 · 2 min
Saving for retirement provides numerous benefits.
A substantial retirement fund can provide peace of mind, knowing you have a safety net to rely on when you retire. It alleviates concerns about financial instability and reduces stress, enabling you to enjoy your retirement years with greater peace and contentment.
May 18, 2023 · 2 min
Challenges Women Face in Financial Planning
Regarding financial planning, women often face unique challenges and obstacles that can affect their ability to achieve their financial goals.
May 17, 2023 · 3 min
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.
May 16, 2023 · 3 min
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.
May 14, 2023 · 1 min
"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.
May 12, 2023 · 2 min
2022 Spending in Retirement Survey: Understanding the Pandemic’s Impact on the Sources of Retirement Income
Similar to 2020, 7 in 10 said Social Security is a major source of income (Figure 8). Annual household income was positively related to reliance on Social Security as a major income source, where 82 percent of retirees with less than $30,000 in annual household income said Social Security is a major income source, as opposed to 45 percent of retirees with greater than $100,000 in annual household income. Additionally, those who are dissatisfied with retirement and those with poor self-reported health status (a score of 1, 2, or 3 on a scale of 1–10) are more likely to rely on Social Security as a major source of income (85 percent and 83 percent, respectively).
May 11, 2023 · 3 min
What are you saving for? Whatever it is, we can help keep you on track.
Attaining Financial Freedom: Saving money paves the way to financial freedom. With sufficient savings to cover your expenses, you can make decisions about your career or lifestyle that were previously out of reach.
May 11, 2023 · 1 min
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.
May 10, 2023 · 2 min
2022 Spending in Retirement Survey: Understanding the Pandemic’s Impact
Overall, more than half retired earlier than expected. The most common reasons for retirement were the ability to retire from an affordability standpoint (29 percent) and having a health problem or disability not related to COVID-19 (21 percent).
May 9, 2023 · 3 min
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.
May 7, 2023 · 1 min
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Philip Fisher
Philip Fisher, a renowned investor, and author, emphasized in this quote that many people who invest in the stock market are only focused on short-term gains and the fluctuating prices of stocks rather than the long-term value of the companies they invest in.
May 4, 2023 · 1 min
Saving money offers numerous benefits.
Enhancing Financial Security: Saving money is a financial safety net for emergencies, unexpected expenses, or income fluctuations. This can help you evade high-interest debts like credit card debts and provide financial security.
May 3, 2023 · 1 min
Let our financial advisors help you save more for retirement.
A financial advisor can help you create a personalized retirement plan that considers your specific financial goals, risk tolerance, and time horizon. They can also guide retirement savings vehicles such as 401(k) plans, IRAs, and annuities and help you select appropriate investments for your retirement portfolio.
May 2, 2023 · 1 min
With the Federal Reserve in the news so much, do you know how its decisions affect the economy?
The Federal Reserve is responsible for implementing monetary policy in the United States, which involves setting interest rates, controlling the money supply, and regulating banks. Its decisions can have a significant impact on the economy in several ways.
May 2, 2023 · 2 min
Weekly Market Recap Week Ended April 28
The major U.S. stock indexes stumbled on Tuesday but recovered later in the week to post modest weekly gains of around 1%. Generally strong earnings results from the biggest technology companies provided much of the week’s positive momentum.
Apr 30, 2023 · 1 min
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