RSSCategory: Blog

Mar

28

Growth Report for Monday, March 28, 2016

MIXED NEWS ON HOME SALES New home buying increased 2.0% in February, with all of the gain attributable to a remarkable 38.5% jump in sales in the West (a region which had witnessed a 32.7% January plunge in new home purchases). In contrast to this Census Bureau data, the National Association of Realtors noted a […]

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Mar

14

Sandy City resident asks, “Should I Retire Now or Later?”

Today’s retirees must be more self-reliant than their predecessors. Decades ago, retirement was fairly predictable: Social Security and a pension provided much of your income, you moved to the Sun Belt, played tennis or golf, and you lived to age 70 or 75. To varying degrees, this was the American retirement experience during the last […]

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Mar

14

Growth Report for Monday, March 14, 2016

STOCKS SETTLE AT 2016 Highs A 5-day gain of 1.10% left the S&P 500 at 2,022.19 at the closing bell Friday. Settling at 17,213.31 Friday afternoon, the Dow Jones Industrial Average rose 1.20% for the week while the Nasdaq Composite advanced 0.67% to end the week at 4,748.47. On March 11, the S&P settled above […]

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Mar

7

Consider an IRA Charitable Rollover

If you want a tax break and want to help a non-profit, this may be a good move. Have you ever wanted to make a major charitable gift? Would you like a significant federal tax break in acknowledgment of that gift? If so, an IRA charitable rollover may be a good financial step to take. […]

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Mar

7

Growth Report for Monday, March 7, 2016

242,000 NEW JOBS CREATED IN FEBRUARY Hiring picked up in America last month. In reporting this sizable net job gain in the second month of the year, the Labor Department also revised December and January hiring totals upward by a total of 30,000. That means payrolls have expanded by an average of 228,000 hires over […]

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Feb

29

The Chapters of Retirement for South Jordan residence

The five phases of life after 50 for South Jordan residence & the considerations that accompany them. The journey to and through retirement occurs gradually, like successive chapters in a book. Each chapter has its own things to consider. Chapter 1 (the fifties). At this stage of life, retirement becomes less like a far-off dream […]

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Feb

29

Growth report for Monday, February 29, 2016

GOOD NEWS ABOUT CONSUMER SPENDING, Q4 GDP Personal spending and personal wages both increased 0.5% in January, according to the Bureau of Economic Analysis. The BEA also revised Q4 growth up to 1.0% from its initial estimate of 0.7%. As a footnote to all this, capital goods orders jumped 4.9% in January.1 CONSUMER CONFIDENCE WANES […]

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Feb

22

Sandy City resident asks, “Why Should We Stay in Stocks in 2016?”

One bad trading day is not the year. The stock market has wavered recently. A lackluster year just ended, and this year has started inauspiciously. You may be wondering … should you really be invested in stocks right now? Yes, you should be. In moments like these, investors should not panic and overreact to the […]

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Feb

22

Growth Report for Monday, February 22, 2016

WALL STREET HAS ITS BEST WEEK OF 2016 Across four trading days, the S&P 500 rose 2.84% and the Dow Jones Industrial Average, 2.62%; the Nasdaq Composite beat them both with a 3.85% gain. The Friday settlements: Dow Jones, 16,391.99; Nasdaq, 4,504.43; S&P, 1,917.78. WTI crude settled at $29.64 on the NYMEX Friday and gold […]

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Feb

15

Making and Keeping Financial Resolutions

What you might do (or do differently) in the months ahead? How will your money habits change in 2016? What decisions or behaviors might help your personal finances, your retirement prospects, or your net worth? Each year presents a “clean slate,” so as one year ebbs into another, it is natural to think about what […]

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