Indices closed in positive territory on Wednesday. McDonald’s, Walt Disney, and Verizon led gains on the Dow by percentage. Stocks stepped up on Federal Reserve news.
Borrowing $3,000 from your 401(k) for college expenses doesn’t seem like much until you see a tax bill of $1,320. We explain in this Marietta Daily Journal blog post.
If you haven’t heard, those earning more than $200,000 ($250,000 MFJ) will see increased Medicare Taxes beginning in 2013. Read all about it in this week’s Tax Tip.
Indices ended mixed again on Tuesday. Bank of America, Caterpillar, Cisco, and Hewlett-Packard led the Dow’s dip. The S&P 500 also shed some points. The Nasdaq posted slight gains. Moves were mixed amid a variety of economic news.
Even though an investment policy statement may target a desired return on the portfolio, that does not mean the portfolio will necessarily achieve that return. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful. Learn more in this Financial Tip.
Indices closed out mixed on Monday. Alcoa, Hewlett-Packard, and Verizon led the Dow’s descent. The S&P 500 ended slightly in the red zone while the Nasdaq posted fractional gains. Trading was somewhat slow ahead of the Federal Reserve’s upcoming annual retreat in Jackson Hole, Wyoming.
Friday’s session ended with gains. American Express, Kraft Foods, and Verizon led the Dow’s ascent. Stocks rebounded heartily from early low levels in the wake of encouraging words from Federal Reserve Chairman Ben Bernanke.
You can borrow money for your children’s college education, but you cannot borrow money for your own retirement. We explain how to find balance in this Marietta Daily Journal Blog post.
Interest rates and bond prices have an inverse relationship. Consider this before you buy a 10-year bond. We explain in today’s Marietta Daily Journal.
A retirement plan is a critical part of a competitive benefits package. If you’re a small business owner and haven’t established one, what are you waiting for? Learn more in this Business Tip.