It's that time of year again where most General Motors employees will be eligible to receive their annual profit-sharing check on February 25th. This year, approximately 42,500 U.S. hourly workers will receive up to $10,250 in profit sharing. This is a major annual event that occurs for most General … [Read more...] about 2022 General Motors Profit Sharing
Market Update: The Correction that was Due?
Once every 18 months. That is how often the S&P 500 drops 10%, also known as a “correction”. We all remember the last correction (also commonly referred to as a “crash”), which happened in March of 2020. But what you may not remember is how long it took for the market to recover from that crash. … [Read more...] about Market Update: The Correction that was Due?
Quarter 4 Market Update- A New Year Holds Familiar And New Challenges
The first season of a great television series is often hard to top. The excitement of a new plot, meeting the major characters, and understanding the themes of the show means that every subsequent season will be compared to the first. Well, if 2020 was season one of the pandemic 2021 was the … [Read more...] about Quarter 4 Market Update- A New Year Holds Familiar And New Challenges
FANG IS NOW MA MAAN
FANG is an acronym first coined by CNBC’s Jim Cramer in 2013. The acronym stands for Facebook, Amazon, Netflix, and Google. These 4 innovative companies were dominating the conversation and the market at the time. The acronym quickly caught on and became common lingo in the investing … [Read more...] about FANG IS NOW MA MAAN
How to Make the Most out of Your Retirement Accounts
"THE DO'S AND DON'TS OF INVESTING FOR RETIREMENT" DO Diversify your portfolio. This may sound cliché but it is vitally important. Diversification acts as an insulator against the ups and downs of the market. If you own too much in any one company, economic sector, asset type, or country you are … [Read more...] about How to Make the Most out of Your Retirement Accounts
2021 Third Quarter Market Update- The Markets Are Spinning Wheels
A tremendous amount happened this past quarter at least from a geopolitical perspective. As far as the market is concerned nothing significant happened. The DOW opened July at 34,507 and opened on September 30th at 34,467. If you closed your eyes on July 1 and didn’t open them until October 1, you … [Read more...] about 2021 Third Quarter Market Update- The Markets Are Spinning Wheels
The Importance Of Financial Literacy and Its Importance In Our Lives
From where did you learn most of your life skills? How did you learn to brush your teeth, read, write, or drive a car? Personally, I learned these things from my parents and teachers. Here is a topic that affects just about every facet of our lives and many parents have limited knowledge of it and … [Read more...] about The Importance Of Financial Literacy and Its Importance In Our Lives
How to Enjoy Retirement and Still Provide a Legacy
For retirees that wish to truly enjoy their retirement but still want to provide a legacy, setting priorities and finding a balance will be key. Most would agree that ensuring one's stability in retirement should be the top priority. The first step to ensuring you can enjoy retirement is to make … [Read more...] about How to Enjoy Retirement and Still Provide a Legacy
Why the IRS may be the biggest benefactor of your retirement investments
As a financial and retirement planner, I have learned that people hate paying taxes. The truth is, the history of taxation is a complicated one full of wars, audits, jail time, and factions of society that were created in rebellion to the idea itself. To make things worse, the “rules” laid out by … [Read more...] about Why the IRS may be the biggest benefactor of your retirement investments
2021 Second Quarter Market Update – Let’s Talk About Inflation
Q2 Recap: Before we begin discussing inflation, let’s take a quick look at what happened to investments in Q2. Following an explosive 9 month run, small cap stocks slowed their pace of growth allowing large cap stocks to nearly close the gap for the year. Meanwhile, international markets … [Read more...] about 2021 Second Quarter Market Update – Let’s Talk About Inflation