With rising inflation, volatile stock and bond prices, and low interest rates on regular bank accounts, there are few places for investors to store any extra cash.
Let’s be honest: bonds are boring. Their relatively consistent and modest returns lack the daily excitement of erratic stock prices. So, when bonds do make headlines, it may be time to pay attention.
A successful retirement story is a tale of two parts: building a comfortable nest egg and spending an appropriate amount to make it last. Fortunately, your withdrawal rate in retirement is something you control, and you can use it as a crucial lever to avoid outliving your money.
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.
One important factor you can’t control in your financial life is government policy. And, recently, the Federal Reserve raised its policy interest rate by a quarter of a percentage point.
It doesn’t take a government report to know that prices are higher now than a year ago.
If you’ve filled up the gas tank, ordered a cheeseburger or tried to buy a new couch in the past year, then you’ve probably felt a little sticker shock due to rising inflation.
In the past year, a record number of Americans have put in their resignation letters. They have left to find better jobs, start their own businesses, simply take a break, or retire. All can be good reasons to quit, unless it means tapping your retirement accounts early.
Stock market declines can feel alarming for just about everyone – no matter how seasoned an investor you are or how long your time horizon. A major reason is our own internal hardwiring. Psychological research suggests that we feel the pain of a loss twice as much as the pleasure of a gain.
Have a leaky roof? Watch this video. Hate the dentist? Start cleaning your own teeth. Want to build your own space-faring rocket? Follow these blueprints. There is an endless amount of information out there that can teach you how to do just about anything yourself. The question is, is that always a good thing?
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.
Winston Churchill famously said, “Success is the ability to go from one problem to another without losing enthusiasm.” Too often, we let the steady drumbeat of negativity surrounding us dictate our thoughts, emotions and investment strategy. Today, the constant bombardment of depressing news about Covid, inflation, supply-chain issues, government deficits and partisan politics tends to overshadow many of the positive underlying fundamentals and trends in our economy.
