There’s no getting around the fact this year has been challenging for most investors. But that doesn’t mean it’s a total wash. Even though the year is quickly coming to a close, you can still take advantage of valuable opportunities and take proactive steps to set yourself up for the future. With that goal in mind, here is a year-end financial checklist to help you get ahead.
Q3 2022 Market Update: Fighting Inflation
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.
Preparing for a Stock Market Recovery
Market downturns are emotionally challenging for most investors. Seeing multiple down days can make you feel as if the market will never recover. After all, psychological research has shown people tend to feel the pain of a financial loss twice as intensively as the pleasure of a gain.
What to Consider Before Buying a Fixed Annuity
For some people, the road to a comfortable and secure retirement leads them toward buying an annuity. These insurance products are heavily marketed for attractive features, such as income for life and protection from market declines.
Importance of Bonds in Your Portfolio
Bonds are kind of the “rocket science” of the investment world. They can be relatively complex, coming in the form of different maturities, coupons, yields, qualities and durations from a variety of issuers. Again, rocket science.
Do You Need a Roth Conversion as You Prepare for Retirement?
A Roth IRA provides several advantages in retirement when you start to use your savings for income. And, transferring funds from your traditional individual retirement account to a Roth IRA is often a terrific tax strategy.
How to Save for the Three Different Types of Financial Goals
Financial goals are never-ending. No matter your age or level of happiness, there’s always something you would like to use your hard-earned money for.
Traditional 529 Plan or Prepaid 529 Plan – Which Is Right for You?
Here’s something that’s painfully obvious to all parents: college is expensive. The total average cost of a four-year, in-state public college is $90,760, according to the College Board. And, that cost is expected to only grow larger as college tuition and fees outpace inflation.
Q2 2022 Market Update: Is This Time Different?
Advance Capital Management’s president and chief investment officer, Christopher Kostiz, provides his key economic and market insights from the most recent quarter.
How Much Should You Be Saving for College?
It’s a question often asked by parents, from new parents to grandparents: how much should I be saving for college?