What's New in the Housing Market for 2015?
The housing market has finally hit a comfortable stride, but home ownership is still more affordable than renting. Read all about it in this week’s Financial Tip.
The housing market has finally hit a comfortable stride, but home ownership is still more affordable than renting. Read all about it in this week’s Financial Tip.
The housing market has finally hit a comfortable stride, but home ownership is still more affordable than renting. Read all about it in this week’s Financial Tip.
Indices closed well into the red zone on Monday. Bank brands such as JPMorgan Chase, Citigroup and Bank of America took a breather. Stocks sold off with no solution in sight for Greece.
This week on “Money Talks,” Matt Hames, CTFA, is joined by Managing Associate Charlie Holloway, CFP®, CDFA, and Research Analyst Nick Antonucci to discuss new and existing home sales, final first quarter GDP, oil inventories and personal income. Our experts also look at early retirement with reduced benefits in our case study. They also answer listeners’ questions on zero coupon municipal bonds, the best day to invest and when the next market dip may happen.
Our experts discuss a case study of an individual who is considering retiring early and investing her reduced retirement benefit.
The markets began the week on a positive note with Financial giants, such as Goldman Sachs, JPMorgan Chase and American Express, leading the gains. The markets also reacted to a variety of economic news as well as word that a Greek debt deal may finally see the light of day. Existing home sales ticked up in May with sales climbing 5.1% to 5.35 million. The NASDAQ closed at a new record level Tuesday, on prospects of a debt solution for Greece. Meanwhile, durable goods orders slipped 1.8% in May, while April’s reading was revised down to a 1.5% decrease from a previous 1% dip. Trading closed in the red zone on Wednesday, with stocks selling off on news the International Monetary Fund had rejected Athens’ latest proposal. West Texas Intermediate crude fell 1.2%, to settle at $60.27 a barrel. On another note, real GDP declined 0.2% in the first quarter, according to a third estimate. The result was down from 2.2% growth in the prior quarter, but better than the second estimate of a 0.7% dip. Thursday’s trading also ended lower. Initial jobless claims moved higher. Labor Department data showed an increase of 3,000 to 271,000 last week. Personal income activity jumped up in May, as income climbed 0.5%, matching April’s upwardly revised gain. Spending ticked up 0.9%, following a slight 0.1% upswing in April. Indices closed out mixed on Friday. The Dow added some points while the S&P 500 and NASDAQ traded into red territory for the session.
Our experts address listeners’ questions on the use of zero coupon municipal bonds in non-retirement accounts, the best day to invest during the week, and when the next market dip may happen. They also discuss who to call when you have a complaint about your stock broker, and investments in Aegion Corp. and Primoris Services.
Indices closed out mixed on Friday. The Dow added some points while the S&P 500 and Nasdaq traded into red territory for the session. Micron slipped more than 18% today after the chipmaker reported quarterly numbers that missed expectations.
In today’s Marietta Daily Journal: Bil Lako, CFP® highlights the financial considerations of becoming a stay at home parent. Read the Article
Several new tax responsibilities come when you start a business. Learn all about them in this week’s Business Tip.