The economy as a whole, with rising consumer spending, normalizing supply chains, and a tight labor market, is still strong. As interest rates rise, short-term bonds continue to hold up better than long-term bonds. Many short-term bonds are now paying over 4%.
On June 15th, the Federal Reserve increased the federal funds rate by 0.75% to fight inflation.
This was the largest increase since 1994, and the third increase of the year. Fed Chairman Jerome
Powell indicated that rates are anticipated to be increased an additional 1.75% prior to yearend.
In the Barron’s article linked below, Neal Templin features Susan Elser, CFP® and asks what advice she would give to retirement savers. In the conversational exchange, Susan discusses several advantageous elements of retirement planning, including account type utilization, tax efficiency, and the importance of opportunistic rebalancing.
2021 was a strong year for the market overall, considering the world’s ongoing battle with Covid-19 and the new Omicron variant. Despite these challenges, many key categories saw double digit returns this year.
2021 was a strong year for the market overall, considering the world’s ongoing battle with Covid-19 and the new Omicron variant. Despite these challenges, many key categories saw double digit returns this year.
“If you’re in your 60s, you probably don’t do calculations as quickly as you used to. It might take you a bit long longer to learn the nuances of a new investment. Yet when researchers test the financial decision-making capacity of people in this age cohort, they often perform as well Read more…
Many investors have added, or considered adding, digital currency to their portfolios. While it can be a good diversifier to stocks and bonds, there are risks, as with any investment. Before making any investment decisions, investors should educate themselves on the potential risks and benefits. Find the complete article by Read more…
Below, you’ll find linked Elser Financial Planning’s 2nd Quarter Newsletter.
Long-term care insurance can be a sound part of a financial plan, but do you need it? The answer to this question should be tailored to your unique situation and goals. Find Neal Templin’s
With the market decline in February and March, investors with taxable investment accounts have had an opportunity to harvest investment losses that can offset future capital gains and ordinary income, potentially saving them a significant amount in taxes. One of the most important considerations with harvesting losses is reinvesting the Read more…