This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Happy belated New Year. I hope that News Year’s Day was not too rough for you. The firework display at Bushnell Park in Hartford, CT were awesome! The last Roaring Twenties was, well, the 1920s; a mere century ago. The times … Read more
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA
There is no shortage of new. Television, radio, newspapers, magazines and of course, the internet. 24/7/365 information is coming at you. Whoever named it the ‘information age’ sure got it right!
I took a statistics class back in college. Like many of my other subjects I didn’t do that well in it. I did, however, gain a deeper understanding of what average meant and still continue to aspire to get up there someday. The United States Government produces no shortage of statistics. The amount of data … Read more
After a tumultuous summer, the markets seemed to downplay worries in October about China’s economic slowdown and uncertainty over the Federal Reserve timing for raising short-term interest rates. In fact, it was a banner month for the major equity indices – the S&P 500, the Dow Jones Industrial Average and the NASDAQ – whose positive … Read more
Equity markets suffered their worst week since 2011 for the week ending August 21, with the Dow Jones Industrial Average down more than 1,000 points and the S&P 500 down 5.7%. Put into the context of the bull market of the past six years, a pullback can be seen as normal activity for a market that … Read more
August 5, 2015 The Second Half of the Year Holds Promise The S&P 500 has been at a virtual standstill thus far this year, trading in a narrow range. July was not much different. The almost 2% rise was just enough to erase losses from June, but history suggests the broad-market index could … Read more
The movie Dodgeball: A True Underdog Story came out in 2004. It’s a story about gym owner Peter Lafleur (Vince Vaughn) trying to save his gym. The gym is very behind on its bank loan and Peter is concerned it will be closed. One of his gym members suggests they enter a dodgeball tournament in … Read more
The second quarter ended with all eyes on Greece after the country failed to reach an agreement with its creditors. The impasse resulted in shuttered banks and imposed capital controls, at least until a July 5 referendum on whether to accept further austerity measures in exchange for a European bailout. The Mediterranean country also … Read more