Mixed Session

Indices closed out mixed on Friday. The Dow stepped up. The S&P 500 finished along the flatline, while the Nasdaq closed with fractional gains. Utilities brands led advancers on a variety of economic news. Personal income increased in August. Nominal personal income ticked up 0.3% last month versus a forecast for a 0.4% rise. On…

Planning Becomes A Different Priority 10 Years Prior to Retirement

In today’s Marietta Daily Journal, Bil Lako, CFP®, explains that investors need to plan for retirement withdrawals about 10 years prior to retirement. Read the Article This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article…

A Green Finish

Indices closed with gains on Thursday. Stocks stepped up on a variety of economic news. Apple jumped 2% to $224.95 today after JPMorgan Chase initiated coverage on the iPhone innovator with an overweight rating and a price target of $272. On another note, U.S. GDP growth increased in the second quarter. The Bureau of Economic Analysis’…

How much money should you keep in a savings account for emergencies?

Without an adequate emergency fund, a period of crisis could be financially devastating. Many financial professionals suggest that you set aside three to six months’ worth of living expenses for emergencies. The actual amount, however, should be based on your individual circumstances. Do you have a mortgage? Do you have short-term and long-term disability protection?…

Red Results

Indices ended in the red zone on Wednesday. The Dow closed lower on Federal Reserve news. Commentary from the two-day meeting showed the central bank’s monetary-policy committee raised interest rates by a 0.25 percentage point to a range between 2% and 2.25%. Additionally, the Fed boosted its outlook for 2018 economic growth to 3.1%, from…