Stocks broke a five month winning streak, closing the month of August with a small decline. The S&P 500 (SPY) fell 1.7% in August. The Dow Jones Industrial Average (DJ) fell 2.5%. The tech-heavy NASDAQ 100 (QQQ) fell 2.2%. Why Were Stocks Down? I see two primary...
For most people, thinking about estate planning is about as fun as going to the doctor. However just a little bit of estate planning can go a very long way to protect your wealth and beneficiaries. What is an Estate Plan? An estate plan is the documentation and...
Stocks extended their monthly winning streak to five in July, driven higher by better than expected economic growth and better news on inflation. Here are the returns for the month and the year of key indices. The S&P 500 (SPY) was up 3.2% in July and is now up...
In 2023 cash is definitely trash. Even though we have made tons of progress on tamping down a nasty bout of inflation, inflation remains elevated by historical standards. That means if you are sitting on a lot of cash – the value of your US Dollars is rapidly...
The first half of 2023 is over and stocks delivered a very solid performance. -The S&P 500 (SPY) was up 16% in the first half of the year. -The Dow Jones Industrial Average (DOW) was up 3%. -The NASDAQ 100 (QQQ) gained 40%, its best first half since 1983. -The...
Stocks have been on a roll in June, delivering an impressive string of gains in the last few weeks. In the last month, the S&P 500 (SPY) is up 4% and the tech-heavy NASDAQ 100 (QQQ) is up 8%. With more gains in hand, stocks are having a great year. The S&P 500...
