Financial Planning is truly a journey. Financial Planning: A Philosophy We began this Financial Planning series in April by talking about Philosophy by giving you an investor’s point of view. To be an investor, you must have the philosophy of a long-term horizon. And, you need a plan. Financial Planning: Mapping the Experience Our second…
A tariff is essentially a tax levied on a product coming into a country. In the US, tariffs are paid at the time goods enter the country. The purpose of the tariffs is to push the cost of the goods coming into the country higher, in turn, encouraging US firms to buy from other US…
Looking Back at June The U.S. economic data for June 2018 was very strong. While it should indicate a strong upward market movement, trade and tariff policies currently in play have slowed the rise of the market. Investors are caught between a strong economy and uncertain trade policies. As new policies were addressed, the market…
Noise is all around us. Many times, we pay close attention and other times, we tend to tune it out. Take summer vacation for example. It’s time for summer vacation and the cross-country family Road Trip!!!! The kids are in the car, the bags are packed, the dog is in the back seat chewing on…
CLAREMONT, CALIFORNIA – June 6, 2018 – LifeSteps Financial, a financial planning advisory firm located in Claremont, California has introduced its new website, LifeStepsFinancial.com. In addition to information about the firm, its services and approach, the website includes videos, calculators and articles that the firm has created to educate and inform people interested in planning…
Looking Back at May As expected the market volatility has continued throughout this month. Some positives for the market were: Oil prices have receded from their highs, the ten-year treasury bill has temporally dropped below 3%, and a new law was signed into effect which should give the smaller banks a less stringent regulatory environment.…
LifeSteps Financial™ New Website Educates, Informs and Offers Financial Planning Processes to Support Client Financial Goals and Objectives…Click here to read more
When companies have extra cash resources and no other investment alternative, they will often choose to buy back their own stock. There are a few reasons why a company would want to buy their own shares back: When they buy back shares, there are fewer shares on the market to be traded. The price of…
When planning a vacation or new adventure, you most likely will do some research, create a plan and even those “non-planners”, usually have some type of map. The same is true of your financial future. To get where you want to be, you should have a financial roadmap. That map should provide the picture of…
Looking Back at April In April, we had some noticeable swings in the stock market, although the S&P did end the month slightly up from where it started. Fear of quickly rising interest rates has been a major influence on market behavior. We have seen the 10-year Treasury bond rate go from 2.06% in September…