A Tough October

Looking Back at October   The S&P 500 lost 6.8% in October 2018 (total return). It was the worst month in more than seven years (since the September 2011 loss of 7.0%).  It was also the worst October since the index fell 16.8% in October 2008, the beginning of the global real estate crisis. The…

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Sustainable Investing

As consumers continue to raise expectations of being social responsibility for our planet, they have also become very aware of companies that are socially aware and taking responsibility for their environmental impact.  Early on, companies taking an active role in being environmentally conscientious tended to be small with products or services that were difficult to…

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Terminology: Exchange Traded Funds

An ETF is a security that tracks an index, commodity or a basket of assets. Each ETF has a preselected collection of stocks or bonds. ETFs are less costly than purchasing mutual funds or even buying individual stocks. Each time you buy or sell an individual security you pay trading costs, while an ETF is…

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Are We Listening?

In today’s society, people are constantly bombarded with messages telling them what they need and why they need it. Whether through the media or advertisements (via billboards, print, online, TV, etc.), our culture has become unphased at being talked at, rather than listened to. Yet, it is critical that service providers really listen if they…

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Recent Drop of the Dow

  Market pullbacks never feel good but are required for a healthy market. The first pullback this year was in February. Since then, the market has recovered and moved higher. It is not easy to see a dramatic drop in the market, especially in such a short time period. Part of the reason for this…

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Looking Back to Look Ahead

  Looking Back at September Overall, the economy is doing well.  There does seem to be one spot that we would like to focus on this month:  The Housing Market. Looking at the data on Housing for the month of September, it appears to be taking a different direction from the rest of the economy. …

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Looking Back to Look Ahead

Looking Back at August The second quarter growth rate for our gross national product was reported at 4.3%. This and other indicators imply that our economy is growing, our labor market is strong and wages have risen slightly. Despite some “noise” about jitters, the economy is growing and consumer spending and sentiment are very strong.…

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Terminology: Cryptocurrency

Definition:  A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer. Simply put, cryptocurrencies are electronic peer-to-peer currencies.  They don’t physically exist. The are many types of cryptocurrencies.  Bitcoin is probably the most well-known.  The pioneer in cryptocurrencies, Bitcoin was created in 2009 by…

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Aretha Franklin Left No Will and Testament

Iconic Queen of Soul, Aretha Franklin, passed away in her home on August 16, 2018 at the age of 76.  A recent court filing in Michigan by her four sons revealed that Aretha Franklin didn’t have a will. She isn’t the first celebrity who didn’t put a will or testament documents in place before they…

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