You Only Get a Mulligan in Golf

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA In golf the low scores wins. The player with the least strokes per round is the winner. If you hit a bad shot into the woods or the water hazards (ponds) you can get what is called a Mulligan. You… Continue Reading: You Only Get a Mulligan in Golf

4 Things Every Investor Can Control

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA 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… Continue Reading: 4 Things Every Investor Can Control

Patience Pays Dividends

For months prior to the presidential election, investors remained in a holding pattern, poised to see how the domestic and global markets would react. Many international markets saw pullbacks, but U.S. stock markets surprised to the upside, rewarding investors after showing signs of volatility in pre-trading hours following Election Day. The domestic market rally after… Continue Reading: Patience Pays Dividends

The New Normal

The New Normal was a term to describe the financial conditions after The Great Recession of 2008-2009 by Mohamed El-Erian, currently the chief economic advisor at Allianz. The concept of the New Normal is that the economy would remain sluggish and take many years to recover. The Old Normal   The Old Normal for many… Continue Reading: The New Normal

October Proves a Banner Month for Equity Markets

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… Continue Reading: October Proves a Banner Month for Equity Markets

Third Quarter Marked by Mixed Data and Volatility

Last quarter, many investors watched closely as the Greek debt drama played out on a global stage. Three months later, investors once again are warily watching how international economic conditions impact domestic markets. Headwinds include worries over slower growth in Europe and Asia; the effects of lower commodity prices; uncertainty over the Federal Reserve’s rate… Continue Reading: Third Quarter Marked by Mixed Data and Volatility

The Second Half of the Year Holds Promise

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… Continue Reading: The Second Half of the Year Holds Promise

Greek Drama Plays Out on Global Stage

  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… Continue Reading: Greek Drama Plays Out on Global Stage

Markets Prove Resilient Despite Topsy-Turvy May

May brought a flurry of market and economic information for investors to mull. First-quarter gross domestic product (GDP) fell at a 0.7% annual rate, revised down from a lackluster 0.2% gain. Corporate profits also fell, reflecting a stronger dollar, weakness abroad, adverse winter weather and possibly some seasonal adjustment issues. Pending home sales, however, climbed… Continue Reading: Markets Prove Resilient Despite Topsy-Turvy May