The Stock Market This Week: September 28-October 2
The Stock Market This Week: September 28-October 2 By: Stacey Nickens On Monday, major indexes rose on the backs of financial and energy stocks. The Dow Jones climbed 1.5%. The S&P 500 rose 1.6%, and the Nasdaq added 1.9%. All 11 of the S&P 500 sectors finished in positive territory; however, the financial and energy [...]
Tip of the Day: Dividend Income Can Help Retirees Weather Market Volatility
Tip of the Day: Dividend Income Can Help Retirees Weather Market Volatility By: Stacey Nickens Clients often ask me: How much money do I need to have saved for retirement? However, instead of selecting a specific number, I prefer to look at how much money you will need to withdraw from your investment portfolios during [...]
Social Security Tips: Medicare Premiums and Higher Incomes
Social Security Tips: Medicare Premiums and Higher Incomes By: Stacey Nickens When you turn 65 and claim Medicare, a Medicare premium will be deducted from your Social Security benefit. The base premium in 2020 is $144.60; however, this premium increases as your household income increases. Your premium will be $144.60 if you as an individual [...]
Positions I’m Watching: Zynga (ZNGA)
Positions I'm Watching: Zynga (ZNGA) By: Stacey Nickens Due to the pandemic, more and more people are trying to find creative ways to entertain themselves at home. For that reason, stocks in gaming companies offer attractive growth potential. One such company, Zynga (ZNGA), develops and operates mobile and social networking games. Their second-quarter revenue grew [...]
Positions I’m Watching: Brookfield Renewable Partners (BEP)
Positions I'm Watching: Brookfield Renewable Partners (BEP) By: Stacey Nickens Utilities companies have historically offered the possibility of lower risk and steadier reward, and Brookfield Renewable Partners (BEP) is no different. The renewable power generator owns both hydroelectric and wind facilities across North America, Latin America, and Europe. They are an attractive investment for a [...]
The Stock Market This Week: September 21-25
The Stock Market This Week: September 21-25 By: Stacey Nickens Fear and uncertainty were the name of the game this week. Between Justice Ruth Bader Ginsburg's death, rising COVID infection rates in certain areas, and other concerning news, the market struggled to maintain optimism. Tech stocks also continued to prove their large market influence. On [...]