The Final Edition of Friday’s Financial Fitness

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How Has the Market Performed After Downturns?

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How Does Compound Interest Affect My Portfolio?

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How Does Inflation Affect My Investments?

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How Are Risk and Reward Related?

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Is Social Security a Good Investment?

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What Does the Future Hold for Colleges?

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Who Pays The Majority of Taxes?

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How Are Oil Prices Changing?

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Investing During Times of Uncertainty

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Are Experts Always Right?

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Want Some REAL Holiday Lights?

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What is Dan Thankful For?

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Will Taxes Move Higher?

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What Does a Biden Administration Mean for the Markets?

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Is the Election Over? Now What?

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Should You Refinance?

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Three Implications of the US Economy Shutdown

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Why Do Companies Split Their Stock?

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What is “Earning Season”?

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Spending Spree?

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How Does An Investor Buy Gold?

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Is Gold Attractive?

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How Does the Stock Market Perform Under Different Political Leaders?

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Should I Plan for Healthcare Costs?

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What is the Cost of the Government’s Debt

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What is Qualitative Easing?

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Where is the Federal Reserve Getting Their Money?

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Who’s Responsible for Our Growing Debt?

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What If I Don’t Qualify for a Roth IRA?

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Roth IRAs and 401(k)s

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Should I Have a Roth IRA?

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How is the Government Stimulating the Economy?

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How is the Coronavirus Impacting Corporate Earnings?

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How is the Coronavirus Impacting the Gross Domestic Product?

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How is the Coronavirus Impacting the Economy?

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How Does a Retiree Keep up with Inflation?

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In retirement, one of the biggest challenges that people face is having their overall income keep up with inflation.  According to the Department of Labor, over the last 25 years,…

How Is The Population Growing?

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According to the Census Bureau, the population of the United States is projected to be 330 million people as of January 1, 2020. 50 years ago, in 1978, the overall…

Is It a Seller’s Market?

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According the National Association of Realtors, the number of existing single-family homes for sale has been tracked nationally since July of 1982, for nearly four decades. The total number of…

Who is the Majority of the Workforce?

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According to the Department of Labor, for the first time since April of 2010, women make up the majority of the US workforce. As of the end of December 2019,…

April Economic Update

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How is Inflation Changing?

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According to Investopedia, inflation, measured by the consumer price index is the rate at which the general level of prices for goods and services is rising, and consequently the purchasing…

What Is Dollar Cost Averaging?

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What Are Social Security Recipients Getting Paid?

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According to the social security administration, as of December of 2019 there were a total of 64 million Americans receiving monthly benefits from the Social Security administration.  These recipients included…

What Could the Markets Do This Year?

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According to BTN research, this year in 2020 is the fourth year of Donald Trump's first four-year presidential term. The S&P 500 has been positive during 19 of the last…

Honey, I Shrunk the State!

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In the month of February, the United States is beginning its 128th consecutive month of economic expansion, which is the longest in our nation's history according to the National Bureau…

What Has Changed In the New SECURE Act?

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The SECURE Act of 2019, which stands for Setting Every Community Up for Retirement Enhancement, was signed into law as part of a government funding package on December 20, 2019. …

US or China? Whose GDP is healthier?

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According to the National Bureau of Statistics, China's economy grew by 6.1% in 2019, which is the lowest year-over-year growth rate since 1990, or, 29 years. In comparison, the US…

Has the China Trade Agreement Impacted Tariffs?

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According to the Peterson Institute for International Economics, even after signing the phase one trade truce on January 15th of 2020, the average tariff imposed by China on U.S. imports…

Is A Downturn in the Economy Inevitable?

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According to the National Bureau of Economic Research, as of February 2020, the United States is beginning its 128th consecutive month of an economic expansion.  This is the longest in…

Do I Have Enough To Retire?

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There was a recent study done by TD Ameritrade that interviewed over 1,000 Americans in August of 2019, and 58% of the people surveyed believed that a retiree who has…

What About the Homeowners?

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According to the federal reserve, the average homeowner’s equity in their home has continued to go up over the last 10 years. The average loan to value ratio in the…

My Health Insurance Costs HOW Much?

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I recently had a conversation with a client and when we were putting together his financial plan, he said what a relief it's been to be over 65 and pay…

What’s up with Municipal Bonds and Treasury Bonds?

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Last week I talked about the drastic increase in market capitalization of US stocks that as of September 30, 2019 the total market capitalization for the US stock market was…

What’s Happened to the Market Capitalization in This Bull Market?

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I have talked about the market capitalization of stocks in the past, and today I would like to update you on where we are in the markets as it pertains…

What Are Other Central Banks Doing?

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I've talked in the past about the Federal Reserve using the Fed Funds Rate to help stabilize the economy by raising and lowering it, or what we call monetary policy…

How is China’s Economy Performing?

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According to capitalism alone, China's economy is worth $14 trillion dollars as of 2019.  That is 80% owned by individual in the private sector.  That compares to only 50% was…

How Much Are The “Top” Paying?

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Last week, I had talked about the total income that taxpayers had to be in for the top 1/10th of 1%, the top 1%, and the top 5%, and top…

Who Are the Top Income Earners?

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As we come to the end of the year, you may have had a good income year, with the economy strong and unemployment low, but I recently saw on the…

What’s a Negative Yielding Bond?

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Some of the talk in the media is around the Federal reserve cutting interest rates.  According to Bloomberg, there are 13 trillion dollars’ worth of negative yielding bonds in the…

One Term or Two?

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As we are now starting to see more and more debates and advertising for the political season coming up next year I found an interesting statistic on the Commerce Department’s…

How Much Has the Chinese Economy Grown?

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According to The South China Morning Post, the Chinese economy grew at 6.2% in the second quarter of 2019 on a year over year basis. That was the lowest growth…

What’s Happened to U.S. Trade?

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According to the Commerce Department, U.S. manufacturers have moved some of their supply chains away from China in 2019, increasing imports from Taiwan that are up 22%, and India, which…

How Do We Measure Inflation?

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The government measures inflation in eight major categories, and then weights them to produce an overall CPI index, or consumer price index.  The consumer price index is a measure of…

Are Home Prices Really Rising?

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According to the National Association of Realtors, the median sales price of existing homes sold in the United States, in June of 2019, was $285,700, which was a record price.…

Who Are Our Foreign Investors?

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According to the Treasury Department, foreign investors held $6.55 trillion of US Treasuries at the end of May of 2019, which is the highest level ever. Japan replace China as…

Can There Be Growth Despite a Lowered Debt Rating?

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It was approximately eight years ago, on August 5th, 2011, when I was in Chicago's O'Hare Airport when it was announced, that the Standard & Poor's had downgraded the US…

What is a Currency Manipulator?

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On Monday, August 5th, the U.S. Treasury Department labeled China as a "currency manipulator" according to the Treasury Department. And this was the first time that the U.S. has made…

What Does the Fed’s Cut Mean?

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On July 31st of this year, the Federal Reserve cut their interest rate known as the Fed funds rate, by a quarter of a percent. This is the first cut…

What Does the Growth of the US Economy Mean for Americans?

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According to the Commerce Department, as of March 31st of 2019 the overall US economy was $21 trillion in size. Fifty years ago, in 1969 the overall US economy was at…

Does the Stock Market Care Who Is In the White House?

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According to BTN Research, In the last 50 years, the S&P 500 has been up 17.5% per year under a Democratic president and a Republican led Congress. Under a Republican…

The Ups and Downs of Bonds

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So far this year we have seen the interest rates on bonds drop substantially and according to BTN research, the bond market through the end of July is up 6.3%…

What Does the 2019 Budget Look Like So Far?

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According to the Treasury Department, the U.S. government has incurred an $867 billion deficit through its 10 months of fiscal of 2019, which ended July 31. During that time period,…

Do Bonds Perform Differently Over the Long Term?

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According to BTN research, the stock market has produced a total return of 14.7% over the last 10 years through June of 2019.  The worst quarter over the last decade…

Breaking Ground = Breaking Records

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As we're coming to the late stages of the economic cycle, one of the indicators that I look at is new home construction. According to the census bureau, in 2018…

Are You Prepared for the Future?

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According to caring.com, 58% of Americans have not executed a will or other estate planning documents. Today I would like to go through what makes up a basic will in…

Where Does the Government’s Money go?

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According to the Congressional Budget Office, the projected spending outlays for the U.S. government over the next 10 fiscal years is projected to be $57.8 trillion. That $57.8 trillion is…

I’m Living Longer – Isn’t That A Good Thing?

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Due to medical advances, people are living longer and longer.  According to Social Security Administration, a 65-year-old couple today has a 48% chance that at least one of them will…

What is the Real Rate of Return and why should you care?

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Today I would like to share a concept with you called Real Rate of Return I think it is important to know what your overall return on your portfolio is,…

What Occupations Are Needed in the Future?

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This is the time of year when college kids graduate, and high school students start to enter the college.  I know with my kids we have had many discussions about…

Where Should I Invest My Money?

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Often, I'm asked what the best investment is and where should I be investing my money right now.  Obviously, it's difficult to know, but normally we look at overall allocations…

Is College Graduation Still a Day of Celebration?

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Student loan debt continues to become more and more talked about in the media, and I found an article from JPMorgan Chase that indicated that student loan debt reached a…

Record Repurchases for 2018

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I've talked in the past about companies buying their stock back, but today, I want would like to go into a little more in detail about this because we saw…

When Should I Start Investing?

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My middle daughter will be graduating college in the next couple of weeks, and she has continued to hear me talk about the importance of how starting early in contributing…

Can A Few Days Really Make A Difference?

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What's happening in the market? As we're entering into the longest bull market in stock market history, it can be tempting to pull your investments out of the market and…

How Has College Tuition Changed?

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Today's video is going to hit home personally for me as I have one child that is graduating from college, and I have another one that is just starting college.…

How Do Rising Interest Rates Affect Bond Rates?

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Why Does the Fed Change Interest Rates? The Federal Reserve raises and lowers interest rates to try to keep the economy growing at a steady pace. As the economy weakens,…

The Congressional Budget Office says WHAT?

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I've seen a lot of reports from the Congressional Budget Office and most recently their 10-year projection for our government's annual budgets. What does the CBO project? In January of…

What Will Happen With Interest Rates?

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One of the bellwether Indexes in the bond market is the 10-year Treasury note. What is happening with the 10-year Treasury? According to Investopedia, a 10-year Treasury note is a…

What’s So Special About Our Country’s Economic Expansion?

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When will the next recession be? Economists cannot say with precision when the next U.S. recession will take place, but many of the economists feel the economy is still strong…

Social Security Expenditures

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In the beginning.... According to the Social Security administration, when President Franklin D. Roosevelt proposed the Social Security Retirement Program back in 1935, the financial analyst in the White House…

How Has Technology Affected the Workforce?

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How Has Technology Affected the Workforce? According to the Department of Labor, after adjusting for inflation, manufacturing output in the United States is up 62% over the last 30 years…

When Should I Start Saving?

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What is the average age to start saving? According to Nationwide Retirement Institute, a November 2018 survey of 1,161 employed adults determined that the average age which this group began…

Is It Time For A Recession?

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The most common question I'm asked by clients is: Are we heading into a recession, or when do you think the recession will start? Certainly, nobody knows the answer to…

How Long Do You Have to Invest?

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Why is my investment time horizon important? As I indicated before, 2018 was a challenging year for the majority of asset classes. But I want to reiterate the importance of…

How Will the 2019 Government Budget Be Spent?

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According to the published On Balance newsletter, the proposed budget for fiscal 2019 is $4.4T.  The government estimates that it will receive approximately $3.4T creating almost a $1T deficit. Where…

What is the impact of the Tax Cuts and Jobs Act?

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What did the Tax Cuts and Jobs Act of 2017 do? The recent Tax Cuts and Jobs Act that was signed into law in December of 2017 included a one-time…

Why is the S&P 500 important?

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What is the S&P 500? When we refer to the S&P 500, the S&P 500 is a market value weighted index with each stock weighed in the index proportionate to…

How Has the Debt Grown?

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What was the budget deficit for 2018? According to the Treasury Department, the budget deficit for the United States in its fiscal 2018 year, which ended on September 30th of…

What is a Bear Market?

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In the fourth quarter of last year, from the peak of the market in September to the bottom of the market on December 24th, the overall stock market according to…