The Week on Wall Street Stock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus. Foreign stock markets, as tracked by the broad MSCI EAFE index, fell 1.03% for …
The Importance of Good Record Keeping
The right recordkeeping system can help manage your tax obligations and may save you both time and money. The information in this material is not intended as tax or legal advice but it may be helpful to consider. Here are some …
Continue Reading about The Importance of Good Record Keeping
Fresh Record Highs
The Week on Wall Street Traders were in an upbeat mood last week, reacting to news out of Washington: the signing of the phase-one trade deal between the U.S. and China as well as the Senate passage of the U.S.-Mexico-Canada …
Further Gains for Stocks
The Week on Wall Street The market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued …
Rules Tighten on Stretch IRAs
Washington was busy this holiday season. As many of us were looking forward to some well-earned time off, new legislation was passed, and it affects some of the old rules for traditional Individual Retirement Accounts. These …
A 2020 Look at Your IRA
While most of us were enjoying the holidays, our friends in Washington were busy tinkering with traditional Individual Retirement Accounts (IRAs). As you may have heard, Congress passed legislation late last year that changed …
Concerns About Oil
The Week on Wall Street Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike that killed Iran's top military officer. Oil prices rose more than 3% following the breaking news.[1] Wall Street …
The Year in Review
What Drove the Markets? Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and China, earnings, and the economy. Stocks reached record highs in 2019. …