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So far Stacey Nickens has created 64 blog entries.

Q & A: Will the Presidential Election Affect the Economy?

2020-08-03T09:10:27-05:00July 31st, 2020|Blog|

Q & A: Will the Presidential Election Affect the Economy? By: Stacey Nickens With COVID-19 dominating the news cycle, you may have forgotten about the upcoming November election. Many states will vote on governors, representatives, and senators, and the country at-large will vote in the presidential election. Presidential elections can generate anxiety and uncertainty about [...]

Positions I’m Watching: RV Manufacturers

2020-07-31T16:22:44-05:00July 31st, 2020|Blog|

Positions I'm Watching: RV Manufacturers By: Stacey Nickens The coronavirus crisis has made vacationing much more challenging. Many individuals have put travel plans on hold rather than go to an airport or get on a cruise. However, I believe that individuals will seek out new and safer ways to travel. For that reason, I have [...]

The Stock Market This Week: July 27-31

2020-07-31T15:57:19-05:00July 27th, 2020|Blog|

The Stock Market This Week: July 20-24 By: Stacey Nickens On Monday, mega-cap stocks and a weakened dollar drove the market higher. The S&P 500 closed with a 0.7% bump, and the Dow Jones Industrial Average climbed 0.4%. The tech-heavy Nasdaq Index was up 1.7% in daily trading. A majority of the S&P 500 sectors [...]

Tip of the Day: Social Security Benefits

2020-07-27T14:40:38-05:00July 27th, 2020|Blog|

Tip of the Day: Social Security Benefits By: Stacey Nickens In general, I encourage clients to delay taking Social Security whenever possible. Doing so can allow you to access Delayed Retirement Credits. Beginning at your Full Retirement Age, you can take Social Security without facing a penalty; however, for every year you wait to take [...]

Positions I’m Watching: Cell Phone Tower REITs

2020-07-27T14:18:43-05:00July 27th, 2020|Blog|

Positions I'm Watching: Cell Phone Tower REITs By: Stacey Nickens Real estate investment trusts, or REITs, have certainly taken a hit during the COVID-19 crisis. REITs own income-producing real estate; however, with many companies going out of business or being unable to make rent, some REITs may not make for the best investment right now. [...]

Q & A: What does a weak dollar mean for the stock market?

2020-07-24T16:01:23-05:00July 24th, 2020|Blog|

Q & A: What does a weak dollar mean for the stock market? By: Stacey Nickens The Invesco Dollar Index Bullish fund dropped throughout this week, falling to its lowest level since March. This shift has been driven by the Fed's easy monetary policy as well as the federal government's easy fiscal policies. What does [...]

Positions I’m Watching: Biotechnology ETFs

2020-07-24T15:31:25-05:00July 24th, 2020|Blog|

Positions I'm Watching: Biotechnology ETFs By: Stacey Nickens | July 24 Tons of biotechnology companies are tasked with developing a COVID-19 vaccine, making their stocks an appealing buy. However, when one or two of these companies eventually succeed, the others will likely see a drop in the value of their stocks. Since none of us [...]

The Stock Market This Week: July 20-24

2020-07-27T15:46:32-05:00July 24th, 2020|Blog|

The Stock Market This Week: July 20-24 By: Stacey Nickens On Monday, the Nasdaq posted a 2.5% gain, finishing with a record close. Index growth was largely driven by strong performances in big-cap stocks and positive COVID-19 vaccine data from Pfizer and BioNTech. Amazon stock rose after Goldman Sachs and Jefferies raised its target price [...]

Q & A: How much should I be spending on charitable donations?

2020-07-23T12:15:40-05:00July 23rd, 2020|Blog|

Q & A: How much should I be spending on charitable donations? By: Stacey Nickens My daughter's birthday was this past week. Instead of asking for gifts, she asked each family member to make donations to a charitable organization in her name. I was immensely proud of her decision. I believe in the importance of [...]

Tip of the Day: Spending Habits & Retirement Savings

2020-07-22T10:52:30-05:00July 22nd, 2020|Blog|

Tip of the Day: Your Retirement Savings Should Support Your Current Spending Habits By: Stacey Nickens I start every morning with a creamy cup of coffee. Sometimes I opt for a sugary iced coffee, and other mornings, I love a bitter, steaming cup of hot coffee. Either way, I feel as if I'm starting my [...]