Stacey

About Stacey Nickens

This author has not yet filled in any details.
So far Stacey Nickens has created 268 blog entries.

Positions I’m Watching: Cell Phone Tower REITs

2020-08-31T17:03:17-04:00July 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?

2020-08-31T17:03:29-04:00July 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

2020-08-31T17:03:40-04:00July 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 could see a drop in the value of their stocks. Since none of us [...]

The Stock Market This Week: July 20-24

2020-07-27T15:46:32-04:00July 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?

2020-08-31T17:04:06-04:00July 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

2020-08-31T17:04:21-04:00July 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 [...]

How The Fed’s Decisions Impact You

2020-08-31T17:04:35-04:00July 14th, 2020|Blog|

How The Fed's Decisions Impact You By: Stacey Nickens When COVID-19 began spreading widely in March, the Fed began lowering interest rates and injecting liquidity into the market. They purchased $3 trillion in bonds and securities and still have the authority to support up to $2.6 trillion in new lending. The Fed can make business [...]

IRS Extends 2020 RMD Waivers for Retirees

2020-07-07T13:06:42-04:00July 7th, 2020|Blog|

IRS Extends 2020 RMD Waivers for Retirees By: Stacey Nickens Offering some much needed relief, the IRS recently extended the required minimum distribution (RMD) waiver created under the CARES Act. The waiver initially allowed retirees to skip their RMD in 2020 but did not provide support to those who had already taken an RMD. However, [...]

5 Important Changes for the 2020 Tax Year

2020-06-29T16:24:06-04:00June 29th, 2020|Blog|

5 Important Changes for the 2020 Tax Year By: Stacey Nickens Between the government funding bills signed into law in December and the stimulus packages passed in March, 2020 tax laws feature different deductions, stipulations, and other rules. You may still be preparing your 2019 return; however, it's never too early to begin saving and [...]