Press Release: LifeSteps Financial New Website Educates, Informs and Offers Financial Planning Processes to Support Client Financial Goals and Objectives

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…

Turmoil and Tariffs

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.…

Terminology: Stock Buyback

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…

Interest Rates on the Rise

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…

Terminology: Trade War

A Trade War is conflict between two or more countries using tariffs (similar to a tax) to help each country create a positive import/export balance. Trade Wars may begin when one country places a tariff (like a tax) on a good that is imported into the country at a lower price than the same domestically…

Insurance Matters by Guest Columnist

In the past few weeks, I have had several interactions with clients and advisors about business insurance.  Unfortunately, the discussions were after losses occurred and required me to explain why there was no insurance coverage. This has reminded me, again, that there is a great lack of understanding about what types of insurance coverage are…