The Federal Open Market Committee (“FOMC”) raised the Federal Funds Target Rate by .25% from .50% to .75%. The Federal Funds Target Rate is the interest rate charged to financial institutions for the trading they do with each other overnight.…
Blog Archives
4 Things Every Investor Can Control
Investors can easily get distracted these days. Hop in the car on the way to work, turn on the radio and get updates on the stock market futures. Check your online portfolio at work during your lunch break. Perhaps you…
Tagged with: 401(K) Plan, 529 College Savings Plan, 529 Plan, Asset Allocation, Bear Market, Bull Market, Capital Gains, Capital Gains Tax, Collectibles, Darwin, Equity Markets, Ibbotson, Income Tax, Income Tax Bracket, Inflation, Inflation Rate, Investment Portfolio, IRA, Long Term Capital Gains, NASDAQ, Ordinary Income, Pension, Pension Plan, Real Estate, Retirement, Retirement Plan, Roth IRA, Rule of 72, Short Term Capital Gains, Tax Bracket
Market Volatility Spikes Amid Global Economic Concerns
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…
Tagged with: Bull Market, CHINA, Dow Jones, Dow Jones Industrial Average, Equity Markets, Fed, Federal Reserve, Greece, Inflation, Interest Rates, S & P 500, U. S. Equities
5 Reasons to Fund a 529 College Savings Plan
1) College is Expensive Financing a college education today can be a big challenge. Having written some checks for college I find it handy to have a cold six pack close by. According to the College Board, the average…
Tagged with: 529 College Savings Plan, 529 Plan, CHET, College Board, College Education, College Tuition, Connecticut Higher Education Trust, Connecticut Income Tax, Connecticut Residents, Estate Tax, Gift Tax Return, Inflation, Lamborghini, New England, Starbucks, Task Rabbit, Tax-Free, Uber, UGMA, UNH, Uniform Gifts to Minors Act, University of New Hampshire
You’re Gonna Need a Bigger Boat
This is one of the all-time classic lines in the movies. Captain Quint, Police Chief Brody and Hooper are out looking for the Great White Shark in the move Jaws. After the Great White attacks the Orca, Brody turns to…
Tagged with: 401 (k) Plan, 529 College Savings Plan, 529 Plan, Affordable Care Act, Baby Boomers, Be Prepared, Boy Scouts Motto, Captain Quint, Cash Reserve Fund, Financial Planning, Great White Shark, Hammerhead Shark, Inflation, Interest Rates, Investors, IRA, Jaws, Land Shark, Life Insurance, Medical Costs, Obama Care, Retirees, Retirement, Retirement Plan, The Orca, The Rolling Stones
3 Proven Reasons Why Investors Should Have Their Own Personal Inflation Index
INFLATION 1) The Federal Government Figures Appear to be Gamed The Bureau of Labor Statistics (“BLS”) issues the inflation numbers monthly. It’s convenient that the government inserted the word ‘Labor’ into this…
