A week away from the election and investors everywhere are making bets on who will win. A bet on Biden is a bet on clean energy and cannabis. A bet on Trump is a bet on fossil fuels and big banks. The merits of these investment themes (even should the candidate win) are shaky… Read more »
This is a story about an unhappily married couple. One day the husband took ill and was rushed to the hospital. The physician informed his wife that although her husband’s condition was serious, he would be fine if they could put him on a ventilator for a couple of days, giving his body time to… Read more »
Cashless payment transfer apps have become more popular in light of the pandemic. These apps, designed to quickly and easily effect cash transfers, may act like traditional banks, but have fewer protections against fraud. For this reason, it makes sense to use these apps judiciously. Some of the more popular uses of these apps… Read more »
It’s no secret that savers have been sacrificed on the altar of the wealth effect since the Great Recession a dozen years ago. The thinking of central banks at the time was that the surest way out of the global meltdown was to force savers, who typically are risk averse, into more volatile asset classes… Read more »
It is often said that markets look to the future, rather than the past, as they attempt to discover what the price of a security or a commodity should be. Most people find this to be an alien concept. They believe that markets should reflect information that we already know. For instance, let’s say… Read more »
Apple, Microsoft, Amazon, Facebook, and Google make up more than 20% of the S&P 500. These “one-decision” or “buy and hold” stocks that seemingly only go up — are responsible for most of this year’s markets gains. The S&P 500 is up 5.5% through the first three quarters of this year; excluding these five stocks,… Read more »
Upon retiring or separating from service you need to decide whether to leave your 401(k) or other qualified retirement plan with your former employer (if possible), or roll it over to an IRA? Most people roll their funds into an IRA, but before making a decision consider the following factors: Pros: Account Consolidation Moving… Read more »
In our first blog post on the election, we showed that the market may be predicting a Trump loss based on the fact that stocks have been trading down since the end of the second presidential convention (historically a bad sign for the incumbent). In our second blog post, we showed that, while the… Read more »
Due to the Pandemic, many families are struggling financially. Because of that, more and more are needing financial aid help for college. With the increase in demand, students will need to start the process of applying for aid sooner. Tony Ogorek spoke with WBEN about how the FAFSA will be determined and what steps you… Read more »
