Our experts discuss the options available to investors owning a concentrated position in a highly appreciated asset.
Indices kicked off the week closing at new record highs on Monday, thanks in part to strong performance in Technology and M&A action. The following day, indices closed the session with mixed moves. The Dow hit a new record level while the S&P 500 and NASDAQ shed some points. West Texas Intermediate crude oil fell 1.3 percent to settle at $44.65 a barrel. In other news, Commerce Department numbers showed housing starts ramped up in June with new construction ticking up 4.8% to an annual rate of 1.19 million units, versus expectations of 1.17 million units. The Dow closed at a record high level on Wednesday on better-than-expected quarterly figures from Technology companies. The rally ended on Thursday with the three major indices closing in the red zone. National Association of Realtors data showed existing home sales ticked up 1.1% to an annual rate of 5.57 million units in June, versus economist expectations of 5.47 million units. Results returned to green on Friday with the S&P 500 closing at a record high level, despite West Texas Intermediate crude oil shedding 3.8% to settle at $44.19 a barrel.
Our experts address listeners’ questions on whether Papa John’s better ingredients are good for the company’s bottom line, constructing an efficient portfolio and British bank stock Barclays. They also revisit Nintendo’s success with the Pokémon Go app.
Indices ended in green territory on Friday. The S&P 500 closed at a record high level. Meanwhile, crude oil took a breather.
If you own a business, you may consider hiring your minor children to provide extra help and save on taxes. We explain in this week’s Business Tip.
In today’s Marietta Daily Journal: Bil Lako, CFP®, explains how complicated calculating the gain on your home can be. Read the Article.
Indices closed in the red zone on Thursday. Brands traded lower amid varied earnings from companies such as Southwest Airlines and Travelers. Meanwhile, General Motors tacked on 1.5% today following the release of quarterly details that exceeded estimates.
Looking for benefits to offer your employees? Consider offering life insurance. Learn more in this week’s Insurance Tip.
Trading ended with gains on Wednesday. The Dow closed at a record high level. Microsoft led the advance following the release of better-than-expected quarterly figures.
Before you agree to supply your power via solar panels, understand the nuances of the federal solar tax credit. Read more in this week’s Tax Tip.