Weekly Market Update – July 22, 2022
Quick Takes In a bit of a reversal from the prior week, stocks rallied nicely for the week but gave back some of their gains on Friday. Despite Friday’s pullback, the S&P 500 up +2.6% for the week, while the Nasdaq Composite gained +3.3%, and the small cap Russell...
Weekly Market Update – July 15, 2022
Quick Takes Despite a solid and broad-based rally on Friday stocks ended the week lower. The S&P 500 was up +1.9% Friday, ending a five-day losing streak, which limited the week’s loss to -0.9%. Small caps and growth saw slightly larger losses for the week with...
Unlocking the Benefits of an HSA in Retirement
Retirement is a time when we start paying closer attention to our finances. And when it comes to planning for medical expenses during this golden phase of life, Health Savings Accounts (HSAs) can be a game-changer. HSAs are special savings accounts with tax benefits...
Weekly Market Update – July 08, 2022
Quick Takes Stocks advanced for the second week in the last three, but inflation and recession concerns remain top concerns. The S&P 500 was up +1.9% for the week, advancing for four of the five days, and the tech-heavy Nasdaq was up five straight days for a +4.6%...
Monthly Market Update — June 2022
Market Performance Summary June capped another difficult month, and quarter, for virtually all asset classes. As shown in the table below, all major asset classes declined in the month, and the quarter ended in June. And following the first quarter of 2022, which was...
Weekly Market Update – July 01, 2022
Quick Takes Stocks fell for the fourth week in the last five as inflation and growth concerns continue to wear on investors. The S&P 500 and Russell 2000 fell -2.2%, while the Nasdaq finished lower by -4.1%. Growth stocks, the prior week’s leaders, were the...
Weekly Market Update – June 24, 2022
Quick Takes Stocks rebounded sharply last week as the S&P 500’s +6.5% gain erased the prior week’s -5.8% drop, thanks to a big +3.01% rally on Friday, the strongest daily gain since May 18, 2020. As a result, the S&P 500 exited bear market territory, and all...
The Ultimate Guide to 529 Plans
As a parent, you undoubtedly want the best for your child, and investing in their education is a crucial step towards securing their future. That’s where 529 plans come in – a powerful savings tool designed to help you prepare for the rising costs of...