Markets end choppy week lower as AI stocks stumble on profit margin concerns U.S. stock markets ended a volatile week lower, with the Dow down 1.8% for the week to 48,405, the S&P 500 falling 0.6% to 6,829, and the Nasdaq slipping 1.7% to 23,195. The week started with optimism following the Fed’s rate cut […]
[VIDEO] Mutual Funds Coming to the TSP? Yes, you heard that right! The TSP is planning on offering a Mutual Fund Window this summer to all participants. What does it all mean and why should you care? Let’s dive in.
[VIDEO] 2021 Benefit Updates All Federal Employees Must Know With the New Year comes annual updates that Federal Employees must know. If you are a federal employee, you know there are constant annual changes and adjustments to important numbers which affect your benefits, whether you are actively employed or separated from federal service. In this […]
[VIDEO] Increase Your Social Security Benefit During Retirement Social Security faces a financial challenge from the impending retirement of the largest generation in American history, the 76 million people born in the “baby boom” years which was 1946 through 1964. These boomers began to hit the retirement age of 62 in 2008. With so many retiring, […]
[VIDEO] Your Retirement and Required Minimum Distributions What impact do Required Minimum Distributions have on your retirement? You’ve got questions….we’ve got answers. You’ve worked hard to build up your retirement savings, but you can’t keep money in your retirement accounts forever. However, thanks to the recent SECURE Act, if your 70th birthday is July 1, […]
Weekly Market Insight: No Stimulus, Stocks Lower The Week on Wall Street The failure to reach an agreement on a new fiscal stimulus bill soured investor sentiment and sent stocks modestly lower for the week. The Dow Jones Industrial Average fell 0.95%, while the Standard & Poor’s 500 lost 0.53%. The Nasdaq Composite index slipped […]
[VIDEO] What COVID-19 Has Taught Us About Our Finances As we now know, a pandemic poses a number of challenges that can not only harm our health and our communities, but also our finances. As we’ve witnessed, the rapidly-moving COVID-19 has brought daily lives of tens of millions of people to a grinding halt; thus, […]
Weekly Market Insight: Stocks and Consumer Prices Rise The Week on Wall Street Stock prices drifted higher in an otherwise quiet news week, as a slowdown in new COVID-19 cases outweighed a Congressional impasse on a new fiscal-spending measure. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 rose by 0.64%. […]
Weekly Market Insight: Stocks Have Mixed Reaction The Week on Wall Street Stocks were mixed last week amid a busy week of earnings, some troubling economic data, and seemingly little progress on a new fiscal stimulus package. The Dow Jones Industrial Average slipped 0.16%, while the Standard & Poor’s 500 increased by 1.73%. The Nasdaq […]
Weekly Market Insight: Stocks React to Jobs Report The Week on Wall Street Stocks slipped in the final days of trading last week on higher jobless claims and rising tensions in the U.S.-China relationship. The Dow Jones Industrial Average lost 0.76%, while the Standard & Poor’s 500 dipped 0.28%. The Nasdaq Composite Index dropped 1.33% […]
