Think Twice Before Counting on a COLA
A cost of living adjustment, or COLA, is designed to help you manage rising prices. Read all about COLA in this week’s Financial Tip.
Independent Contractors and What They Mean for Your Business
Our experts focus on a case study of a small business on the brink of hiring its first employee, rather than continue the current independent contractor relationship.
Market Roundup: Markets Mixed for the Week, but Positive for October
Stocks dipped Monday as investors looked ahead to a big week of quarterly reports and the Federal Open Market Committee meeting. The dip continued Tuesday as energy stocks weighed on the market because of a dip in crude oil. Healthcare stocks in the S&P 500 rose the most on Tuesday, up 1.7%. Treasury prices rose as well, pushing the 10-year note’s yield down to 2.03%. When the Federal Reserve decided to keep interest rates on hold and toned down its concerns about global financial markets, investors reacted kindly, pushing the markets higher for the day. Crude Oil also moved higher, bolstering Energy stocks. Trading ended slightly in the red zone on Thursday, as the Commerce Department showed real GDP increased 1.5% in the third quarter, which was well shy of the 3.9% advance during the second quarter. Indices traded into red territory on Friday. Stocks may have dipped for the day, but the markets ended the month well in the green.
In the News: Pay Extra Attention to Financial Planning During a Second Marriage
Second marriages can bring a certain amount of financial complexity that was not likely present in a first marriage. We explain in this week’s Marietta Daily Journal. Read the Article
Business Entities: Limited Partnerships
Unlike a corporation, a limited partnership is inexpensive and simple to create and maintain. Read more in this week’s Business Tip.
Life Insurance Evaluation: Linton Yield Method
You can split a permanent life insurance policy into two portions so you can compare with other life insurance policies. Learn how in this week’s Insurance Tip.
Gifting Money or Property Can Have Serious Tax Consequences
Few people turn away a gift of money. When you give, know the tax consequences. We explain in this week’s Tax Tip.
Don’t Forget About Year-End Investment Planning
Before year-end, consider meeting with your financial adviser to review your investments. Read why in this week’s Financial Tip.
Pay Extra Attention to Financial Planning During a Second Marriage
Our experts focus on a case study about the financial complexities that come with a second marriage, especially when children from a previous marriage are involved.
Market Roundup: Positive Week for the Markets
U.S. stocks edged higher on Monday despite a drop in crude oil that weighed heavily on Energy stocks. Technology stocks led the rally to ultimately push the start of the week into positive territory. Healthcare stocks and a series of lackluster earnings dragged down the markets on Tuesday, with the pressure from the Healthcare sector continuing on Wednesday because of criticism of drug prices. Technology stocks pushed the markets higher on Thursday with better-than-expected earnings. Existing-home sales rose in September, with total sales up 4.7% from August and 8.8% from September 2014. Impressive earnings from big-name Technology stocks pushed the S&P 500 back into positive territory for the year.