Interactive Financial Planning
We are delighted to announce that Cristina Licciardello has passed her Series 65 exam and has joined the ranks of Trusted Financial Advisors at Compass Capital Corporation.
Looking back at the second quarter, market sentiment was positive until May 22.
The first quarter of 2013 has seen a year’s worth of returns in the first quarter. Are we headed for more record territory, or will headwinds blow us back? While my crystal ball can accurately predict the past, there is much economic data to review.
The Global Portfolio Strategies Group recently released its second-quarter 2012 economic outlook. A summary of its conclusions is provided below
As a fee based financial advisor, my job is to help manage the financial affairs of my clients in a way that will give them the best opportunity to achieve their values based goals. It occurred to me that this explanation may be less clear than I thought. If a picture is worth a thousand […]
Inflation is becoming a growing concern for investors. In the U.S. the Consumer Price Index (CPI) has fluctuated in a wide range over the past decade, and currently is running at a rate of 2.3%, slightly above the announced inflation target of the Federal Reserve. The consensus view of economists calls for a rapid moderation in headline CPI inflation. In SEI’s opinion, this forecast is optimistic.
Equity markets around the world have recorded a price gain of close to 20% over the past six months, and the S&P 500 has advanced more than 28% from its closing low on October 3.
There is no denying that the past year was a trying one for investors. Global equity markets were mostly lower. Global bond markets saw extreme volatility, with the debt of a few select countries (the U.S., Germany, the U.K. and Canada, to mention the most important ones) registering the only healthy returns in an investment environment that swung from risk-on to risk-off with unnerving frequency and ferocity.
There is, however, no rest for the weary. Global financial markets remain fragile and subject to sharp moves based on the latest headlines. With Europe on the cusp of recession, China laboring through the downside of a property bubble, and the U.S. heading towards its most important election cycle in decades, there will be no quick end to the uncertainty that has made investing a difficult enterprise.
During periods of turbulence and uncertainty, it’s common to look at prior crises as benchmarks against which current conditions can be assessed, and there’s certainly no shortage of historic episodes that investors can look to for perspective. Economic and financial crises have been a regular feature of monetary economies throughout history. While no two have been exactly alike—they vary widely in size, scope, causes and length—they do tend to share some common characteristics.
After 17 consecutive weeks of claims registering north of 400,000, this week’s number finally fell below that psychological mark while also setting a four-month low. Hopefully, this is the start of a new trend. With the market in need of positive data to at least partially offset recent negative developments, the claims number was welcomed by investors.
As a result of modern medicine, most of us will enjoy a much longer life than our predecessors. Actuarially, a 65 year old is expected to live nearly 19 more years – that’s 7 years more than in 1900. That’s the good news. The bad news is that along with longevity, we are experiencing more of the chronic issues that often plague older folks and make fully independent living difficult or impossible.
After months of political wrangling, a deal has been reached to raise the U.S. debt ceiling.
Few are happy with the results, and long-term measures to address the debt must still be implemented.
While a debt-rating downgrade is still a very real possibility, the financial markets have already moved beyond the spectacle of the debate and are reacting to the host of indicators signaling a potential economic slowdown.
Despite the economic woes, we remain firmly in the camp of those who anticipate continued market advances.
We view any market pullbacks as opportunities to add to equity exposures using assets currently invested in U.S. Treasuries or investment-grade securities as a source of funding.
Speculation about inflation is increasing as geopolitical tensions disrupt the production and supply of oil. As a result, gas prices have risen dramatically, shooting up $1.02 to $3.87 for regular unleaded from $2.85 a year ago. Since prices at the pump are highly visible and have an immediate and direct impact on consumers, people […]
nearly 1,500 Americans in the summer 2009 and found that not only is the household financial hole deep, but people might not be able to dig themselves out of it as easily as they thought.
Inflation is the topic on everyone’s mind. In the United States, a visit to the gas station is enough to cause most people to worry. In emerging-market countries, the rising cost of food has resulted in significant geopolitical unrest. While the prospects of $5-per-gallon gasoline and $4-per-gallon milk aren’t things we like to […]
Please take a moment to view our video: CCC Economic Update
Having just returned from a trip to South America that included visits to Machu Picchu, the Straights of Magellan, Cape Horn, Ushuaia, Argentina, and Rio De Janeiro, my wife and I though about how lucky we were to visit such exotic locales. In addition to the cultural exposure, we felt that we have a deeper […]
Free money: In 2011 payroll taxes are going down b y 2%, so increase your contribution into your 401k plan by 2%!
The Financial Planning Association of Massachusetts regularly host educational meetings for Certified Financial Planners. Recently, I attended a session that discussed the issues surrounding financial planning in divorce. Presented by Jeffrey H. Rattiner, CPA, CFP®, MBA, RFC, the information was valuable, enlightening, and a bit depressing. I hope you never need the advice, but I […]