RSSCategory: Blog

Aug

8

The Rise of the Fee-Only Financial Planner

A huge shift is underway, with the client in mind. A wave of change is transforming the financial services profession. The shift has been gradual, but noticeable. Increasingly, financial planners are choosing to be compensated through fees rather than through commissions. This is a real change from the old status quo. In the days before […]

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Aug

8

Growth Report for Monday, August 8, 2016

TWO STRAIGHT MONTHS OF IMPRESSIVE JOB GAINS The Department of Labor provided Wall Street and Main Street with some great news Friday. Last month, the population of Americans with full-time jobs rose by 255,000. About 70,000 of the workers hired in July found employment within the professional and business services sectors. In addition, the huge […]

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Aug

1

Good Retirement Savings Habits Before Age 40

Some early financial behaviors that may promote a comfortable future. You know you should start saving for retirement before you turn 40. What can you start doing today to make that effort more productive, to improve your chances of ending up with more retirement money, rather than less? Structure your budget with the future in […]

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Aug

1

Growth Report for Monday, August 1, 2016

CONFIDENCE INDICES HOLD STEADY Rising half a point from its previous reading, the University of Michigan’s consumer sentiment index finished July at 90.0. The Conference Board’s monthly household confidence gauge came in at 97.3 last week, near its (revised) June mark of 97.4.1 ROUNDING UP THE LATEST REAL ESTATE NEWS New Census Bureau data shows […]

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Jul

25

Money Habits That May Help You Become Wealthier

Financially speaking, what do some households do right? Why do some households tread water financially while others make progress? Does it come down to habits? Sometimes the difference starts there. A household that prioritizes paying itself first may end up in much better financial shape in the long run than other households. Some families see […]

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Jul

25

Growth Report for Monday, July 25, 2016

GAINS IN HOME BUYING & HOUSING STARTS June brought a 1.1% rise in existing home sales. Analysts, polled by the Wall Street Journal, had forecast a 0.7% decline. In its new report, the National Association of Realtors said 33% of June sales involved first-time buyers, which was a 4-year peak. New Department of Commerce data […]

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Jul

18

Getting Your Financial Paperwork in Good Order

Help make things easier for your loved ones when you leave this world. Who wants to leave this world with their financial affairs in good order? We all do, right? None of us wants to leave a collection of financial mysteries for our spouse or our children to solve. What we want and what we […]

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Jul

18

Growth Report for Monday, July 18, 2016

Two SIGNS OF A STRONGER ECONOMY Retail sales improved 0.6% in June, according to the Commerce Department, and the core gain was 0.7% with auto buying and home improvement purchases factored out. Industrial production rose 0.6% in June, making up for a 0.3% May loss. Both indicators could be taken as hints of solid second-quarter […]

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Jul

11

What Are Catch-Up Contributions Really Worth?

What degree of difference could they make for you in retirement? At a certain age, you are allowed to boost your yearly retirement account contributions. For example, you can direct an extra $1,000 per year into a Roth or traditional IRA starting in the year you turn 50.1 Your initial reaction to that may be: […]

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Jul

11

Growth Report for Monday, July 11, 2016

A REASSURING JOBS REPORT June was the best month for hiring since October. Employers added 287,000 new jobs to their payrolls last month; analysts polled by Bloomberg forecast a gain of 180,000. The headline unemployment rate rose to 4.9% in the Department of Labor’s latest report, a reflection of more Americans looking for work. The […]

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