Diversification
Don’t put all your eggs in one basket. It’s a key axiom when it comes to managing your money.
Mar 24, 2023 · 1 min
So what did we learn from the policy decision, economic projections and Powell’s press conference on Wednesday?
Investors are currently betting that the Fed will cut rates before the end of the year, with interest rates ending 2023 somewhere between a half point and three-quarters of a point lower than where they are now (a range of 4.75% to 5%). But investors are wrong, said Powell at his press conference on Wednesday.
Mar 24, 2023 · 5 min
Investing in your 20s and 30s is a great way to set yourself up for long-term financial success.
Here are some investment strategies for investing in your 20s and 30s:
Mar 21, 2023 · 2 min
Market Recap Week Ending March 17, 2023
Down, up, down, up, down—and up for the week. That was the story last week as the stock market navigated regional bank volatility in the lead-up to this week’s key interest rate announcement. Last Monday the S&P 500 (SPX) fell to its lowest low since January 3, but zigzagged its way to a five-day high on Thursday, and ended the week with a gain despite pulling back on Friday:
Mar 20, 2023 · 2 min
Estate Planning
Estate planning is the process of preparing for the distribution of your assets after you pass away. It can help ensure that your assets are handled per your wishes and minimize the tax consequences for your heirs. Here are some key elements of estate planning:
Mar 20, 2023 · 2 min
Income planning is essential to retirement planning
Income planning is essential to retirement planning, as it helps ensure you have enough money to support yourself during your retirement years. Here are some key considerations when planning for income in retirement:
Mar 17, 2023 · 2 min
Open an FDIC-insured Cash Management Account at Duncan Williams Asset Management
You have cash assets. Now it's time to make them work harder for you.
Mar 16, 2023 · 1 min
How to Protect Your Retirement From Market Volatility
Protecting your retirement from market volatility is crucial because the value of your investments can fluctuate dramatically in a short period. Here are some tips on how to protect your retirement from market volatility:
Mar 14, 2023 · 2 min
Market Recap Week Ending March 10th
Market Recap Week Ending March 10th
Mar 13, 2023 · 1 min
Are you seeking a safe and secure place to grow your retirement savings?
Are you seeking a safe and secure place to grow your retirement savings? Look no further! At Duncan Williams Asset Management (DWAM), we specialize in helping people like you find a new home for their 401k. DWAM is locally owned and committed to making our community a better place for everyone. And our home is your home.
Mar 13, 2023 · 1 min
Financial Planning
Financial planning is critical to managing and achieving your long-term financial goals. Here are some vital steps to help you put together a comprehensive financial planning strategy:
Mar 10, 2023 · 2 min
Tailored Advice
Tailored advice: Women want a financial advisor who will provide personalized advice and recommendations that take into account their specific goals and financial situations. This could include retirement planning, college saving, managing debt, or life changes. Let's take a look at our retirement planning solutions.
Mar 9, 2023 · 1 min
Maximizing Deductions
Maximizing deductions on your taxes is a crucial strategy for reducing your taxable income and minimizing your tax burden. Here are some tips to help you maximize your deductions:
Mar 7, 2023 · 2 min
What is a recession?
One popular definition of a recession is two consecutive quarters of economic contraction. Recessions are always caused by imbalances in the market, triggered by external or internal factors.
Dec 19, 2022 · 6 min
Sec. Janet Yellen sees economic growth slowing and lower inflation on the horizon
United States Secretary of the Treasury Janet Yellen says, barring any unanticipated shocks to the global economy, inflation in the United States should continue to recede over the next year.
Dec 14, 2022 · 3 min
How Do Americans View Higher Inflation?
1. Worry about inflation has now risen to the point where it is perceived by Americans as the top problem facing the nation. As my Gallup colleague Jeff Jones recently reviewed, mentions of inflation as the most important problem facing the nation averaged only 1% between 1990 and 2021. But such mentions zoomed to 18% in our latest May Gallup poll. Inflation is thus now essentially tied with issues relating to the way the nation is being governed as the top problem facing the nation.
Dec 1, 2022 · 10 min
There are several year-end tax tips to keep in mind. These include:
1. Maximize annual retirement plan contributions.Tax-advantaged retirement accounts are funded with pre-tax dollars and compound over time. You may make pre-tax contributions to a 401(k) up to $20,500 if you are under 50 and $27,000 for those 50 and over. If it is not possible to contribute the maximum amount, you can try to contribute any amount matched by your employer. The maximum yearly contribution for an Individual Retirement Account (IRA) is $6,000 (under age 50) and $7,000 (50 and over).
Nov 29, 2022 · 4 min
Global Economics Intelligence executive summary, October 2022
Growth rebounds in the United States The world’s two largest economies exceeded growth expectations in the third quarter of the year. The US economy rebounded to a GDP growth rate of 1.8% year over year, after two quarters of contraction. The US growth was supported largely by consumption and exports.
Nov 10, 2022 · 19 min
Investors have been better off staying fully invested
The best-performing portfolio over the past 120-year period stayed fully invested throughout both Democratic and Republican administrations. Those who invested exclusively during single-party rule by their preferred party or during divided government fared much worse. The more time investors dedicated to the markets, the better, and the less time they dedicated to politics the better.
Nov 7, 2022 · 1 min
Politicians don’t radically re-engineer the economy or dramatically alter economic growth
Investors are concerned that a political party might drastically re-engineer the economy. The economy has been remarkably consistent in terms of consumption, business investment, and government spending as a percentage of gross domestic product (GDP) across multiple governments. Economic activity, as measured by the median annualized quarterly percent change in US GDP, has been very similar under both single party and divided government rule.
Nov 4, 2022 · 1 min
Monetary policy matters more
Monetary policy has historically impacted Presidents in a positive or negative manner. Presidents Clinton and Obama (and for a while Bush II) benefited from prolonged periods of benign inflation and easy monetary policy. Strong market returns under President Obama occurred during single-party Democratic rule, as well as during a divided government.
Nov 3, 2022 · 1 min
IRS Announces Record Increase To Retirement Plan Limits For 2023
WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. The IRS today also issued technical guidance regarding all of the cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2023 in Notice 2022-55PDF, posted today on IRS.gov.
Oct 25, 2022 · 4 min
Growth of $10,000 over presidential administrations
What do you think about the upcoming elections? Check out this chart and see what the Growth of $10,000 over presidential administrations reveals.
Oct 21, 2022 · 1 min
Putting Pullbacks in Perspective
We can gain an important perspective on market pullbacks by considering post-World War II declines in the S&P 500® Index. The majority of declines fall within the 5-10 percent range with an average recovery time of approximately one month, while declines between 10-20 percent have an average recovery period of approximately four months. Pullbacks within these ranges are not uncommon, occurring frequently during the normal market cycle.
Oct 12, 2022 · 1 min
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