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Positions I’m Watching: The Invesco QQQ ETF

2020-08-11T09:02:01-05:00August 11th, 2020|Blog|

Positions I'm Watching: The Invesco QQQ ETF By: Stacey Nickens The Invesco QQQ ETF is broadly designed to track the top 100 companies in the Nasdaq 100 Index. The Nasdaq 100 index holds many growth-oriented technology companies, and with the QQQ in your portfolio, you can gain access to companies such as Apple, Amazon, and [...]

The Stock Market This Week: August 10-14

2020-08-13T19:27:20-05:00August 10th, 2020|Blog|

The Stock Market This Week: August 10-14 By: Stacey Nickens On Monday, the Dow Jones gained 1.3%, thanks largely to shares in Caterpillar and Boeing. Boeing's stocks were up as COVID cases decline nationally and air travel began to increase. Energy, industrials, materials, and consumer discretionary also spurred the S&P 500 upward. The index added [...]

Tip of the Day: You Should Mentally Prepare for Market Volatility

2020-08-10T13:31:14-05:00August 10th, 2020|Blog|

Tip of the Day: You Should Mentally Prepare for Market Volatility By: Stacey Nickens Markets always fluctuate, but the world feels especially uncertain right now. While there's been some positive economic reports, COVID-19 cases and deaths are still rising in many areas. You may be wondering what will happen to the stock market this fall. [...]

Q&A: Should I Dip Into My Retirement Savings During a Financial Crisis?

2020-08-10T12:29:38-05:00August 10th, 2020|Blog|

Q&A: Should I Dip Into My Retirement Savings During a Financial Crisis? By: Stacey Nickens Back in March, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The new legislation made it easier for Americans to withdraw money from their retirement accounts. CARES temporarily waives the 10% early-withdrawal fee as well as increases [...]

The Stock Market This Week: August 3-7

2020-08-07T15:57:17-05:00August 7th, 2020|Blog|

The Stock Market This Week: August 3-7 By: Stacey Nickens On Monday, the S&P 500 gained 0.7%. The Dow Jones rose 0.9%, and the Nasdaq climbed 1.5%. Growth stocks led the way, with strong performances from both Apple and Microsoft. Both companies gained in Monday trading, as Microsoft continued talks to acquire TikTok. Apple was [...]

Q & A: How much of my Social Security benefit will my spouse be able to collect?

2020-08-07T14:14:57-05:00August 7th, 2020|Blog|

Q & A: How much of my Social Security benefit will my spouse be able to collect? By: Stacey Nickens Your spouse could be entitled to as much as half of your Social Security benefit. If you take your benefit before your full retirement age, both you and your spouse will receive a reduced benefit. [...]

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 [...]