Written by and republished with permission from: Brice Carter of Financial Strategies Group, Inc. Well, this past quarter was not in the 2022 roadmap! In last quarter’s market update, I outlined three potential market villains for the year: 1. A Covid Return 2. Inflation 3. Rising … [Read more...] about MARKET UPDATE: IT’S ALWAYS THE UNKNOWNS
Hey Ladies! It is International Women’s Day! Today, we celebrate the vast achievements of women and promote the acceleration of women’s equality in all realms of life: social, economic, political, cultural, and here at FSG, financial! It is no secret that women traditionally had little to do with … [Read more...] about WOMEN AND MONEY: CONQUERING FINANCIAL CHALLENGES
The average gasoline price in Michigan has surged by 18 cents, now making them the highest since September 2014. As of Monday, AAA says Michigan drivers were paying an average of $3.55 per gallon for regular unleaded gasoline. At this price, a 15 gallon fill-up now costs $53. The price … [Read more...] about Gasoline Prices in Michigan the Highest in 7.5 Years
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
The approval of $824 million in assistance and incentives by Michigan’s economic development board to go toward the building of electric vehicle and battery plants by General Motors in Michigan will create as many as 4,000 new jobs. The automaker plans to invest up to $4 billion on converting and … [Read more...] about $824 Million in Incentives approved for GM’s Electric Vehicle and Battery Plants in Michigan
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?
Michigan’s income tax filing dates will coincide with the federal income tax season which runs January 24th through April 18th. Employers must send all W-2 or 1099 forms to employees by January 31st so they can compile their income tax returns. The US Department of the Treasury advises people … [Read more...] about Michigan Income Tax Return Filing Starts January 24th
After Friday’s Consensus Revenue Estimating Conference on Friday, the Michigan Department of Treasury is anticipating $1.72 billion more in revenue this year and $1.4 billion next year. Twice a year, the group of government officials and state economists meet to determine how much revenue to expect. … [Read more...] about Michigan Tax Revenue Influx Expected
By May 9th, the Michigan Catastrophic Claims Association will be issuing a $400 per vehicle refund to insurers who had valid auto insurance policies on October 31st 2021. This may lead to scammers trying to capitalize on the payments by preying on unsuspecting policy holders. The refunds will be … [Read more...] about Beware of Auto Insurance Refund Scammers!
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