If you have not already heard, this is an election year. With the S&P 500 already precariously high (new ALL TIME high set on 8/24/2020), fierce campaigning and uncertainty surrounding the election are sure to send the stock market significantly lower. Did I also mention that there is a pandemic going on? Wouldn't it be …
Category: FINANCE
Update – Refinancing Your Mortgage
This is an update to my post written on August 14th, 2019 - exactly one year ago. Since mortgage rates have dropped even further, I have updated this post with current information. Interest rates here in the United States have dropped significantly in the last year. Yields on ten year US Treasury bonds have fallen …
I Am A Bull
I am stock market bull. I have come to terms with that reality. I always thought I was impartial to the moves in the stock market like I was when I was a trader. As a trader you have to always be ready to pounce on the next market move, whether it's to the upside …
What Now?
Fears of the economic effects of Corona Virus caused the S&P 500 to fall over 33% in about a month. March 23rd marked the low of the selloff - the S&P 500 has rallied an impressive 30% since then*. After an amazing rally from the recent lows, many investors are wondering - what now? Preface: …
CARES ACT and SECURE ACT
The SECURE Act and CARES Act were recently signed into law. They both have many moving pieces. For the SECURE ACT, I think the most important point for investors is the raising of the Required Minimum Distribution age to 72. Other details of the SECURE Act are listed below. For the CARES Act, investors need …
The Naperville Financial Planner 