... months because it always has when indicators X, Y, and Z have looked like this, and so forth. I can’t tell you how many comparison charts I’ve seen in the past couple of years that offer a compelling case ...
Sometimes it’s hard to tell if there’s more news on a topic lately or if it’s just the Great Algorithm in the Sky feeding me more of what it thinks I like. In any case, there’s been (or at least seems ...
... lower on this sort of news, and prices for commodities like oil and gold rise along with Treasurys. Then market wobbles settle down as investors get their bearings. As one should expect, for investors ...
... like Technology, down 4% for the quarter, harder than Financials which was down 1.2%, or Communication Services, which was actually up 1%. That sector and Energy were the only sectors positive for the ...
... emotional and that’s okay. Someone is offering you what seems like more today all at once when the alternative is waiting to receive what seems like less over time. Apparently this is why nearly half of ...
... this is what a soft landing looks like. The term originated in this context during the Nixon-era economy and following the 1969 moon landing, according to the Wall Street Journal. A soft landing is the ...
... 1970s/early 1980s. Admittedly, the two rates are not perfect comparisons given that outstanding debt likely looks very different (with regards to borrower profiles, terms, etc.) from that of a new 30-year ...
You’re likely aware that this week is the last for TD Ameritrade. The final push for getting everything, all client information, investments, and a host of other data, into the Schwab system will happen ...
... the process is a little clunky. Anyway, like many others back then I bought some I Bonds and, like you, are now considering my options.
I Bonds pay interest based on the Consumer Price Index and that ...
... or later who have an FRA of 67. Your FRA is like a line in the sand, or perhaps a pivot point. You can start taking your benefits at 62, but it gets reduced a bit for each month that you take it early, ...
... It’s literally a Trex-type board like you’d buy at a home improvement store. I’ll never look at my deck the same way again. The tire and cooler didn't come with us, fortunately.
We’ll return to our ...
... and other firms like Fidelity and Vanguard are good examples of large custodians that serve a fundamental role in my industry and in your financial future as well. They’re custodians of your cash and investments. ...
... and $774,000 to feel comfortable. These numbers are higher than 2021 but lower than pre-pandemic levels and seem to move around a lot.
Here’s a link to the information if you’d like to read more.
https://www.aboutschwab.com/modern-wealth-survey-2022 ...
... that did poorly last year. Stocks in sectors like Technology, Communication Services, and Consumer Discretionary were up 40%, 36%, and 32% this year, respectively, as the quarter closed. The largest stocks ...
This week let’s get into our final installment of my conference notes. Hopefully some of these have been worthwhile. The content has been varied but our first few notes today are more like what you’d expect ...
... like this is doing at a financial planning conference and so did I. That’s why I attended the talk. It was labeled an “Ask me anything…” sort of discussion, with few slides but a lot of good baseline information ...
...
But before we get into that, a few people have asked about this week’s Fed meeting and whether our benevolent central bankers are likely to raise interest rates again. We’ll find out tomorrow, but the ...
Well, consider that a bullet dodged. You’ve likely heard by now that President Biden signed the “Fiscal Responsibility Act of 2023” into law this past weekend. Among other things the bill suspends limits ...
... $130 billion due on June 1 and June 2, but she warned the department wouldn’t likely be able to make the roughly $96 billion in payments due the week of June 5.
Would the U.S. be in default?
It depends. ...
... can lead to paralysis, so let’s walk through some of the steps.
First you’ll want to find your note. This document lays out relevant details like the term of your mortgage, the interest rate, prepayment ...