Archive for January 2020
Viral Outbreak Ends Period of Market Calm
Fears that the deadly coronavirus would spread further around the globe intensified Monday and led to the biggest one-day drop in the S&P 500 Index since October 8, 2019. In fact, it was the first time the index moved 1% in either direction since early October—spanning 71 trading days. Not only that, but the index’s…
Read MoreWomen, Money, and Today’s Retirement
Despite all of the other advances made in our society in recent generations, women continue to face unique challenges when it comes to preparing for their financial futures. Recognizing the Shortfalls For starters, women on average still earn less than men, according to the Department of Labor’s Bureau of Labor Statistics. And because women tend…
Read MoreWomen: Make a Financial Plan — the Secret of Your Success
Financial planning is more than just a good idea. Research has consistently shown that people who have financial plans — and who work with financial advisors — save and invest far more and are nearly twice as likely to feel on track or ahead of schedule in preparing for major financial goals, such as retirement.1…
Read MoreRetirement Planning—Options for Women Business Owners
You’re an entrepreneur and you’re not looking back. You’ve opened your own business, whether alone or with other partners, and you’ve found some success. You’ve hired employees, or not, depending on your business and now you’re thinking about retirement, not just for you, but also for any employees you may have. Many employers find that…
Read MoreA Woman’s Guide to Health Care in Retirement
At any age, health care is a priority. But when you retire, you should probably focus more on health care than ever before. That’s why it’s particularly important for women to factor in the cost of health care, including longterm care, as part of their retirement plan. How much you’ll spend on health care during…
Read MoreHealthy But Manageable Consumer Inflation
Consumer inflationary pressures grew at a healthy, but manageable rate in December 2019. The core Consumer Price Index (CPI), which excludes food and energy, rose 2.3% year over year last month, around the fastest pace of the economic cycle. As shown in the LPL Chart of the Day, core CPI growth has been steady, thanks…
Read MoreWhy The First Five Days Of 2020 Could Have Bulls Smiling
The first five days of 2020 are in the books. Although the headlines have been quite scary, equities have picked up right where they left off last year. In fact, after the first five trading days of the new year, the S&SP 500 Index is up a respectable 0.65%. Jeffrey Hirsch of The Stock Trader’s Almanac follows…
Read More