Q & A: Will the Presidential Election Affect the Economy?
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
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
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
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
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?
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 [...]