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The Stock Market This Week: September 21-25

2020-09-25T16:09:50-05:00September 21st, 2020|Blog|

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 [...]

Q & A: How will low interest rates impact the stock market?

2020-09-21T15:03:16-05:00September 21st, 2020|Blog|

Q & A: How will low interest rates impact the stock market? By: Stacey Nickens Last week, the Fed announced that they will likely keep interest rates near zero through 2023. Doing so helps weaken the American dollar and thus increase U.S. exports. (U.S. goods become cheaper than foreign goods, inspiring export activity and foreign [...]

Learning from the Household Net Worth Report

2020-09-21T14:00:09-05:00September 21st, 2020|Blog|

Learning from the Household Net Worth Report By: Stacey Nickens The net worth of U.S. households and nonprofits climbed 6.8% between the first and second quarter in 2020. At $118.96 trillion, the net worth of households and nonprofits in the second quarter already exceeded pre-pandemic levels. Aside from highlighting the economy's rate of recovery, the [...]

Tip of the Day: Prepare for Market Volatility By Understanding Your Risk Tolerance

2020-09-21T14:04:36-05:00September 18th, 2020|Blog|

Tip of the Day: Prepare for Market Volatility By Understanding Your Risk Tolerance By: Stacey Nickens This week, I have been bombarded with messaging warning of increased historic market volatility in September and October. According to the Stock Traders Almanac, the Dow Jones often drops between Rosh Hashanah and Yom Kippur. (Rosh Hashanah begins on [...]

Retirement Plan Notifications Now Digital By Default

2020-09-14T13:38:42-05:00September 14th, 2020|Blog|

Retirement Plan Notifications Now Digital By Default By: Stacey Nickens The Department of Labor issued a new rule that could impact how you receive information about your retirement plan. According to this new rule, a retirement plan provider can make digital information and notifications their default communication method. In other words, you may now have [...]

The Stock Market This Week: September 14-18

2020-09-18T15:16:32-05:00September 14th, 2020|Blog|

The Stock Market This Week: September 14-18 By: Stacey Nickens On Monday, all major indexes rose after the announcement of promising acquisition and vaccine news. The S&P 500 rose 1.3%. The Nasdaq gained 1.9%, and the Dow Jones added 1.2%. In acquisition news, NVIDIA, Gilead Sciences, and Verizon's stocks all soared after the companies announced [...]

Positions I’m Watching: Healthy Companies with Strong Fundamentals

2020-09-10T11:30:12-05:00September 10th, 2020|Blog|

Positions I'm Watching: Healthy Companies with Strong Fundamentals By: Stacey Nickens Throughout market ups and downs, I remain focused on companies with strong fundamentals. These include companies with healthy revenue streams, strong potential for growth, and good dividend payments. Along those lines, this September, I'll be watching positions in companies such as Logitech, Chemours, and [...]

The Stock Market This Week: September 8-11

2020-09-11T15:36:39-05:00September 8th, 2020|Blog|

The Stock Market This Week: September 8-11 By: Stacey Nickens On Tuesday, major indexes continued to decline as mega-caps struggled and investors chose not to buy the dip. The S&P 500 fell 2.8%. The Nasdaq tumbled 4.1%, and the Dow Jones dropped 2.3%. Both Apple and Tesla dragged the major indexes down. Tesla shareholders were [...]

Alert: Extension on Federal Student Loan Payment Relief

2020-09-08T13:17:10-05:00September 8th, 2020|Blog|

Alert: Extension on Federal Student Loan Payment Relief By: Stacey Nickens If you're responsible for a federal student loan payment, you may take a sigh of relief at the following news. The CARES Act halted federal student loan payments, and a recent executive memorandum extended this relief until December 31, 2020. According to this memorandum, [...]

Q & A: Should I keep my life insurance during retirement?

2020-09-10T10:07:22-05:00September 8th, 2020|Blog|

Q & A: Should I keep my life insurance during retirement? By: Stacey Nickens September is National Life Insurance Awareness Month. You might wonder if you should keep your life insurance policy in retirement. Your kids are likely out of the house, and you may no longer feel the need to insulate against the loss [...]