Tuesday’s session ended in the red. Commodity brands such as Dow Chemical, Freeport-McMoRan, and Rio Tinto led the way down.
Unhappy with your current 529 Plan? Consider a “same beneficiary rollover” to a new plan. Learn your options in this week’s Financial Tip.
Indices closed in the gains category on Monday. Energy brands such as Exxon Mobil, Chevron and Schlumberger prospered on a variety of economic news.
K.C. Smith, CFP®, Senior Associate for Henssler Financial addressed a question from a Kennesaw State University Student. Nicole Carder asks how her family should go about resolving their student loan debt. K.C. provides insight into how investing may be the option for them but how it truly boils down to their risk tolerance.
This week on “Money Talks,” Dr. Gene and Troy Harmon, CFA, are joined by Jennifer Thomas, CFP®, to discuss the market’s rough week. Economic releases for the week included the Consumer Price Index, New Home Sales and Durable Goods. The experts discuss a case study of a couple who are wondering if they should pay off their mortgage before they retire or if they should refinance and carry a mortgage through retirement. Listener questions on Series EE bonds and railroad transportation company Union Pacific Corp are also answered.
Our experts focus on a case study of a couple considering paying off their mortgage before they retire.
Dr. Gene and Troy Harmon, CFA, are joined by Jennifer Thomas, CFP®, to discuss the market’s rough week. On both Monday and Tuesday, the markets saw light trading while the Consumer Price Index showed consumer prices increased 0.2% in February. The core CPI, which excludes energy and food, ticked up 0.2%, twice what economists were expecting. Midweek investors showed their concern over the rising dollar. On Friday, Commerce Department data showed the third and final fourth-quarter GDP reading remained at 2.2%, though shy of an expected uptick to 2.4%. The final University of Michigan’s consumer sentiment index registered a reading of 93, well above the preliminary 91.2, but down from February’s 95.4 reading.
Our experts address listeners’ questions on using Series EE bonds for education savings and whether one should consider an investment in transportation company Union Pacific Corp.
Director of Research, Troy Harmon, CFA, and Dr. Gene Henssler discuss what we think may happen to the stock market when interest rates rise.
Friday’s session closed in the green zone. Stocks added slight gains today finishing off a less-than-stellar week. Biotech brands Alexion Pharmaceuticals, Regeneron, and Vertex and chipmakers Texas Instruments, Avago Technologies, and Analog Devices stepped up.