Understanding the Markets

What the acronyms signify & what affects investors. Provided by Reeve Conover Dow. NASDAQ. S&P 500. Fear index. NYSE. Commodity prices. Earnings. Economic indicators. These are the gauges and signposts of investing, but if you stopped most people on the street, you’ll find they have only a hazy understanding of what these terms signify or reference. If you’ve ever been …

Where Did Inflation Go?

Presented by Reeve Conover Shouldn’t it be rising with all this bond buying? Consumer inflation just hit a 50-year low. So indicates the Federal Reserve’s preferred inflation gauge – the Personal Consumption Expenditures (PCE) price index maintained by the Bureau of Economic Analysis.1   Besides tracking consumer inflation, the PCE price index measures household purchases, a major factor in GDP …

The Bond Bubble – threatening your retirement money…

Sometimes people forget that you can lose money in bonds, and we have recently experienced just that.  The stock market is known for its volatility and the bond market for being, well, “safe” and not volatile. Two years ago I began warning you about my expectation that the bond fund returns we have been experiencing would not be as high …

How Do You Know When You Have Enough to Retire?

There is no simple answer, but consider some factors. Provided by Reeve Conover You save for retirement with the expectation that at some point, you will have enough savings to walk confidently away from the office and into the next phase of life. So how do you know if you have reached that point? Retirement calculators are useful – but …

Monthly Economic Update for June 2013

THE MONTH IN BRIEF May brought more record closes for the Dow, more affirmations of the housing comeback, more household confidence, and certainly more volatility as investors wondered if the Federal Reserve might soon do less. The major concern of the month was how quickly and dramatically the Fed might wind down its easing effort. Commodities struggled against a strengthening …

Reassessing Retirement Assumptions

What makes financial sense for some baby boomers may not make sense for you. – Reeve There is no “typical” retirement. Many baby boomers want one and believe that they will have one, and their futures may indeed unfold as planned. For others, the story will be different. Just as there is no routine retirement, there are no rote financial …

What a 15-Year-Old Needs to Buy Plan B

By Venessa Wong May 01, 2013 4:10 PM EDT The Food and Drug Administration announced Tuesday that it approved an application by Teva Women’s Health to sell the emergency contraceptive Plan B One-Step to women (and men) 15 years of age and older without a prescription. The product will also now be available on store shelves rather than behind a …

1st Quarter 2013 Financial Review

THE MONTH IN BRIEF Offhand, when was the last month in which stocks didn’t advance? That would be October, and if it seems like a distant memory, credit the Federal Reserve, a decent Q1 earnings season, and a prevalent optimism that is hard to dismiss. The S&P 500 pushed higher during the month to settle at a new record close …

5 Signs You’re A Borrowing Junkie

Richard Barrington, Contributor Is addiction too strong a word for America’s dependence on debt? Given that addiction means needing something so powerfully that it overwhelms rational thought, the description fits the borrowing habits of many Americans too well.Here are some facts about this borrowing addiction: In the 67 calendar years since World War II, U.S. consumer credit outstanding has decreased for …

What is a College Degree Really Worth?

Is higher education really the prerequisite for success? Do you need a college degree to succeed? That assumption is long-entrenched, and it isn’t hard to see a relationship between education and earning power. Yet the cost and debt linked to getting a degree are so significant now that some contrarians are saying “skip it” – go learn in the world …