RSSCategory: Blog

Jun

15

Growth Report for Monday, June 15, 2015

SPRING SEES MORE SHOPPING Last week, the Commerce Department announced a 1.2% jump in retail sales for May, topping the 1.1% rise forecast by analysts polled by Briefing.com. Driving the improvement: a 3.7% leap in gas station sales. Purchases increased 2.1% at home improvement outlets, 2.0% at auto dealers and auto parts stores, 1.5% at […]

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Jun

15

Utah Financial Advisor & Planner

Standards matter, especially in wealth management. Who should manage significant wealth? In recent years, more and more high net worth households have found their answer to that question: a Registered Investment Advisor. What is the RIA difference? RIAs have a fiduciary duty to act in your best interest. That is a legal obligation, and it […]

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Jun

8

The Value of Double-Checking Your Retirement Plan

As you approach your “third act,” does it need to be adjusted? Motivational speaker Denis Waitley once remarked, “You must stick to your conviction, but be ready to abandon your assumptions.” That statement certainly applies to your retirement plan. Your effort must not waver, yet you must also examine it from time to time.1 For […]

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Jun

8

Growth Report for Monday, June 8, 2015

NO LETUP IN HIRING IN MAY Last Thursday, the International Monetary Fund took the unusual step of offering the Federal Reserve some advice – it urged the central bank not to raise interest rates until 2016. Given the large hiring gains this spring, the Fed may choose to ignore that recommendation. U.S. employers added 280,000 […]

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Jun

1

Are You Underprepared for Retirement?

A university study serves as a wake-up call. Financially speaking, how many Americans are truly on track to retire? A recently published white paper suggests that about half of us are approaching our “third acts” with faulty assumptions. Perception differs from reality. Researchers from the University of Alabama and Ohio State University looked at the […]

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Jun

1

Growth Report for Monday, June 1, 2015

THREE KEY REAL ESTATE INDICATORS IMPRESS All of a sudden, the housing market looks much healthier. The Census Bureau reported a 6.8% jump in new home buying in April, and the National Association of Realtors said its pending home sales index improved 3.4% in that month to 108.7 (its best reading since May 2006). The […]

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May

18

The Psychology of Saving

How many households have the right outlook to build wealth? Why do some households save more than others? Building household savings may depend not only on cash flow, but also on psychology. With the right outlook, saving becomes a commitment. With a less positive outlook, it becomes a task – and tasks and chores are […]

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May

18

Growth Report for Monday, May 18, 2015

RETAIL SALES WERE FLAT IN APRIL Analysts surveyed by MarketWatch had forecast only a 0.1% advance, so this news was no shock. Still, it was disappointing after the (revised) 1.1% gain noted by the Commerce Department for March. The year-over-year improvement in the pace of retail sales was just 0.9%; last August, it reached 5.0%. […]

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May

11

The Top 12 Tax Frauds

A look at the IRS “dirty dozen” list. Have you heard of the “dirty dozen?” Each year, the IRS lists the top 12 recurring federal tax offenses – frauds, cheats, feints and schemes that ethically challenged taxpayers, tax preparers and crooks try to perpetrate. Watch for these scams in all seasons, not just tax season. […]

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May

11

Growth Report for Monday, May 11, 2015

HIRING REBOUNDS IN APRIL Employers added 223,000 new jobs last month, the Labor Department noted Friday. That news made the March payroll gain of 85,000 look like an aberration. The main jobless rate fell to a 7-year low of 5.4% in April, and the U-6 rate tracking the total unemployed ticked down to 10.8%; the […]

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