Cash as an Investment: Navigating the Changing Landscape Amid Future Fed Rate Cuts

For investors, cash and cash-like investments have been unusually attractive over the past two years, offering a safe haven with surprisingly robust returns. This appeal was primarily driven by the Federal Reserve’s aggressive interest rate hikes, a measure aimed at combating inflation. High-yield options such as Certificates of Deposit (CDs), money-market funds, and other similar vehicles have been delivering returns well above 5%, a rate that was virtually unheard of for such investments in the low-interest environment that preceded this period. However, as the landscape shifts with the Fed’s recent signal towards cutting rates, investors are finding the world of cash investments increasingly complex […]

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Avoid These 5 Things When Markets are Peaking

Tips to navigating stock market peaks from the wise words of Warren Buffett
As the saying goes, “what goes up must come down.” In the world of investing, this adage holds true, especially during times when stock markets are reaching new peaks. While it’s tempting to ride the wave of euphoria and make impulsive decisions, seasoned investors like Warren Buffett advise caution. Here are five things to avoid when stock markets are peaking, along with wisdom from the Oracle of Omaha himself.
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Five Tips to Ensure You Are Prepared for Long-Term Care in Retirement

As Gen X-ers and Millennials move toward retirement, long-term care expenses are poised to make up an even larger share of their retirement expenses. In 2021, long-term care cost American adults an average of between $35,000 and $108,000 annually—a hefty price tag for even the most diligent savers.1

But if you start planning early and focus on your goals, preparing for long-term care doesn’t need to be an insurmountable hurdle. Here are five tips to help guide your path. […]

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SELL IN MAY? MAYBE NOT

After a strong first quarter for stocks, some April showers rained down as the S&P 500 fell about 4% last month. Hopefully those showers will bring some flowers in May, despite the widely cited stock market adage, “Sell in May and go away.” There is some merit to this old adage because the S&P 500’s best six-month returns have, on average, come from November through April, and its worst between May and October (recall bear markets often end in October). Still, historically the index has gained an average of 1.8% from May through October — hardly worth avoiding. […]

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10 Tips to Help HNW Individuals Avoid an “F” On Their Financial Literacy Report Card

Financial literacy is essential for everyone but can be crucial for high-net-worth (HNW) individuals who may have more wealth to lose than others. Navigating the complex financial landscape is no small task, and having the foundation of financial literacy can help. Financial literacy is essential to wealth management because it may help mitigate the risk of costly mistakes, even for those with a high net worth. Here are ten tips to help HNW individuals avoid potential failures on their financial literacy report cards.
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How to Prepare Your Finances for an Election Year

Election years create a certain level of uncertainty regarding your finances and investments. During continued market volatility, an imminent election can make investors tense. All followers of political parties believe their party plays a crucial role in the nation’s economic health. But is that really accurate? Is panicking unfounded and potentially financially damaging to an investor’s financial goals? Here are a few things to keep in mind to help you preserve your financial interests as an election approaches. […]

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Stay Calm and File On Time! 7 Need-to-Know Tips for Last-Minute Tax Filing

Tax season always has a way of sneaking up on us. A quote by American writer Rita Mae Brown that could have easily been uttered by the IRS or any one of us goes, “If it weren’t for the last minute, nothing would get done.” According to Psychology Today, procrastination is right up there with being a basic human instinct when it comes to human behavior. If you know you usually wait until the last minute to file your taxes, a to-do list could help you stay motivated and on top of your responsibilities. Need help getting started? Here are six need-to-know tips for last-minute tax filing. […]

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An Excellent First Quarter for Stocks

The first quarter is in the books, and it was an excellent one for stocks. The S&P 500 index rode a resilient U.S. economy, easing inflation, rising corporate profits, and anticipation of summertime rate cuts from the Federal Reserve (Fed) to solid gains in March, the fifth straight winning month, and the best first quarter since 2019. […]

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Don’t Forget to File! 8 Tax Filing Tips to Help Mitigate the Stress

If you hear the term HENRYs mentioned during a financial conversation, you may or may not be familiar with the fairly new acronym. It stands for “High Earners, Not Yet Rich,” or another way to describe them is “high earners with little to no savings,” or the “working rich.” If individuals that are big spenders and not in the habit of saving much yet, they may find a way to mitigate some of their financial stress through modifying their tax filing strategy. […]

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Old 401(k), New Tricks: 6 Tips for Rolling Over Your 401(k)

The average American worker will change jobs more than once in their lifetime. While there are multiple options such as leaving your 401(k) in your former plan if allowed, cashing out the account balance, or transferring the 401(k), many decide to roll over their old 401(k) to their new employer’s plan or other investment vehicles such as an IRA, Roth IRA, or an annuity. Here, we provide tips to help the rollover process go quickly and smoothly for you. […]

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