If you are saving for retirement (or retired) it is in your best interest to get as much out of your investments in the stock market as possible. You should always eliminate political virtue signalling from your investment decision-making.
ESG stands for Environmental, Social and Governance. The strategy means investing in companies that score high on these factors as determined by a (usually biased) third-party company or group. The assumption is that the better a company’s ESG score is, the better their overall performance.
ESG investing sounds great. It also makes you feel good about the investments you make and should help you sleep better at night. But it may not be all that it seems, especially for investors who don’t fully understand what it is and how it works. Read More
There is a retirement income “rule of thumb” that states that once you retire you can basically invest in the market and pull 4% a year, adjust it for inflation every year and you will never run out of money. Read More
The answer is “YES”, although the circumstances have to be extraordinary. Globally, only a few markets have gone to zero. The largest was Russia in 1917 and China in 1949. While other markets have collapsed, they have subsequently recovered. Read More
All the finance gurus talk about the stock market.
But how do stocks work, exactly?
Understanding and investing in the stock market can be very confusing and intimidating for beginners. In addition, the concept of buying and selling stocks may be difficult for some people who don’t understand what it takes to make money in the stock market.
Not to worry.
We’re here with the insight you need to understand stocks, the market, and a little help on how to get started with stocks and what to expect when you’re investing. Read on to discover more, then contact us to learn how you can make the most of your finances with the Financial Quarterback. Read More
By now, you’ve probably heard about the Gamestop/Reddit saga on Wall Street. Since there’s a Netflix movie coming about the topic, I won’t go deep into detail, but the short version is this:
A group of retail investors (individuals who manage their own investments), noticed and attacked a trend in the stock market. Some people felt that an opportunity arose to play against the large hedge funds and the war was on. It made national news and a ton of money changed hands over the course of a few crazy weeks.
In the end, there were still more losers than winners and life goes on, but what is the real takeaway here? Were all of those people investing or speculating? What is speculating, exactly, anyway? Read More
Did you know that 48% of older Americans have no savings in retirement plans (such as an IRA or 401k)? If you’re one of them, there’s a good chance that you’ll face very serious financial issues as you grow older.
The good news is that it’s never too late to get started! Once you understand the must-know retirement plan basics, you can open an account and start putting money away for your future.
Stick with us as we answer important questions like “What is a 401k plan?” and “How does a 401k work.” By the time we’re done, you’ll feel confident opening up one of your own.Read More
It’s a tough financial time for many as we deal with the COVID-19 pandemic, but that doesn’t mean you have to lie down and let yourself get pummeled. There are things you can do to manage your assets!
If you’re fortunate enough to not have your family income reduced during this time, there are some opportunities to protect yourself and grow your long-term wealth if you are under the age of 55.Read More
You’ve probably heard the term dollar cost averaging over your years of making contributions into your retirement accounts. Dollar cost averaging is when you make a regular, fixed-dollar contribution into your investments regardless of what occurs in the market. Read More
That’s the only answer I have to some of the questions swarming around the coronavirus (COVID-19) outbreak. There have been so many aggressive actions implemented in the dealing with the possible outbreak, but information is changing so fast that no one has any real certainty. Read More