Stocks continued their rally in July as further development of a COVID-19 vaccine and better-than-expected corporate financial reports encouraged investors. Despite multiple states reporting increases in infections, multiple regional Federal Reserve presidents warning of a bumpy economic recovery, and Gross Domes...
Getting rich quick can be liberating, but it can also be frustrating. Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or envy. You ma...
Stock prices climbed higher in June, as investors looked beyond an increase in COVID-19 cases as well as reports that several states planned to slow the pace of their economic re-opening. Stocks opened the month higher, but the momentum quickly stalled, as states struggled to re-open their economies while facing...
Individuals hold about $2.2 trillion in annuity contracts; a tidy sum considering an estimated $9.2 trillion is held in all types of IRAs. (1)
Annuity contracts are purchased from an insurance company. In exchange, the insurance company makes regular payments to the buyer — either immediately or at some future date. These paymen...
The stock market continued to rally in May from the lows posted back in March, sparked by a supportive Federal Reserve, the re-opening of several states, and reported progress on a COVID-19 vaccine. Further aiding stocks was a better-than-expected jobs report and firming oil prices.
In response to the COVID-19 pandemic, almost every state in America is under some sort of stay-at-home order. This unprecedented time has also led many businesses, large and small, to downsize or close up shop entirely. In response to the drastic impact that COVID-19 has had on global and domestic concerns, the Federal Reserve...
Just as it appeared that April might be a repeat of March, stocks rebounded sharply in April, fueled by a flattening pandemic curve and positive results from a clinical trial investigating a treatment for COVID-19. Stocks continue to climb higher as more states begin the initial phase of reopening their economies...
Over this past month, our daily living standards have been turned upside-down as the world attempts to slow the spread of the COVID-19 Coronavirus. The economy has understandably sustained a hit, with most Americans sheltering down in their homes and avoiding social contact with others. Although this is a bleak t...
After a timid start to the month, February ended with a sudden volatility spike not seen since the last market correction back in December of 2018. Concerns over how the novel coronavirus (COVID-19) will impact business conditions and economic growth caused equities to quickly pull back from their recent all-time...
