Our Weekend Word

Burning Questions

In previous renditions of the Weekend Word we have discussed the various changes facing the industry and our general stance, and place with in them.  As these topics have become more prevalent more and more articles are being written about “Questions You Should Ask Your Advisor”.  So, we thought we would take the time today to answer some of those burning questions.

“Slow Go” to ”No Go”

Retirement was once broken down to us in three stages: The Go Go years, Slow Go years, and then No Go years.

When we first think about retirement planning we think about the Go Go years, because that’s what we look forward to and its closest to the lives we’ve become familiar with.  The final two stages could mean a lot of change and can weigh on people as they inevitably approach.

Danger, Will Robinson!

Many of you who know us have probably heard us say that the bond market is much smarter than the stock market. So, we don’t put much value in stock market jitters, but when the bond market speaks, we listen. And right now, the bond market isn’t screaming, but it is clearing its throat.

What Would You Do?

This is an interesting time in the world of finance.  We have volatility back trying to make up for lost time, talk of trade wars, virtual currencies, tax reform and countless others.  Most articles nowadays are either overly negative, beating a dead horse or just fluff designed to grab your attention. So, as you can imagine looking for Weekend Word topics of late has been challenging to say the least.  In my attempts to find a topic for this week I stumbled across a very interesting chart that I thought was worth sharing.

Is It Time to Worry About a Trade War?

On March 1, 2018, President Trump announced that the U.S. plans to impose tariffs on steel and aluminum imports. Markets around the world were shocked by the news, with major U.S. indices declining more than 1 percent just when it looked like they were recovering from the February downturn. Why did markets react so strongly? Is this a more serious threat going forward? In a word, yes.

First, let’s define what’s going on and why it matters.

You're killing me, Smalls!

It’s that time of year again and Aaron, our resident baseball expert, is champing at the bit for the upcoming season.  

Sales tax? We don’t need no stinkin’ sales tax!

There is little more instantly satisfying than shopping online.  You skip the crowds, have access to countless reviews and have it delivered to your door in no time. Couple that with the ability to occasionally avoid that pesky 6.5% sales tax and it seems like a no brainer.  I mean who doesn’t want to get an instant 6.5% discount on a purchase?

The Lord of the Rates

Pretty much everyone has noticed by now that you’re not getting paid very much by your bank account. Interest rates have been at historical lows since the financial crisis, but lately are finally on the rise.

What Does the Market Decline Mean for You?

Market drops are scary, especially when they come day after day. The decline on Monday, February 5, was particularly bad. In fact, it has been billed as the largest point drop ever for the Dow Jones Industrial Average. Looking at that, it’s normal to think that the stock market is in a downward spiral. History shows, however, that this is often not the case. Although declines like we have seen in the past week are not fun, they generally are not reason to panic.

Tax Documents

So, it’s that time of year again… tax time.  From all the calls we get, we can tell you’re all jumping for joy, shouting with glee and overall filled with exuberance.  Since that is out of the way we figured we would take the time to explain a bit about the tax forms you might be getting from us in this tax season.