Feb. 21, 2018 What Does the Market Decline Mean for You?
What Does the Market Decline Mean for You?
Market drops are scary, especially when they come day after day. The decline on Monday, February 5, was particularly bad. In fact, it has been billed as the largest point drop ever for the Dow Jones Industrial Average. Looking at that, it’s normal to think that the stock market is in a downward spiral. History shows, however, that this is often not the case. Although declines like we have seen in the past week are not fun, they generally are not reason to panic.Read more
Jan. 10, 2018 Market Update for the Quarter Ending December 31, 2017
Solid December caps strong year for markets
All three major U.S. indices were up during the last month and quarter of 2017. In December, the Dow Jones Industrial Average returned 1.92 percent, while the S&P 500 and Nasdaq Composite indices gained 1.11 percent and 0.48 percent, respectively. For the quarter, the Dow gained 10.96 percent; the S&P 500, 6.64 percent; and the Nasdaq, 6.55 percent. For the year, the Nasdaq rose an impressive 29.64 percent, with the Dow climbing 28.11 percent and the S&P 500 returning 21.83 percent. All three indices were trading above their 200-day moving averages at year-end.Read more
Jan. 10, 2018 Understanding Advance Directives
If you became seriously ill and could no longer communicate your wishes, how would you want to be cared for? Which treatments would you want, and which would you want to avoid? Advance directives allow you to convey your decisions for end-of-life care to family, friends, and health care professionals, helping prevent confusion down the road.Read more
Jan. 10, 2018 Tax Cuts and Jobs Act of 2017: What Taxpayers Need to Know
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 (the act or TCJA). The legislation makes significant changes to the Internal Revenue Code (IRC), including individual, corporate, and gift and estate taxation.Read more
Dec. 18, 2017 Market Update for the Month Ending November 30, 2017
Another strong month for markets
Domestic and international stock markets had a good month. In the U.S., the Dow Jones Industrial Average popped 4.24 percent, the S&P 500 Index climbed 3.07 percent, and Nasdaq Composite gained 2.34 percent. All three indices hit all-time highs during the month.Read more
Dec. 18, 2017 Which College Savings Plan Is Right for You?
The cost of college is steadily rising, and student loan debt has reached crisis status. What does this mean for you? It is more important than ever to commit to saving for the education expenses of the future scholars in your life.Read more