Here are some tips to help get those kids back into the game - without breaking the bank!
What Your Quarterly Statements Don’t Tell You
“The stock market does not care about quarterly statements, so we believe that providing context is part of our job. Looking back to where the market has been, beyond the current year, allows us to see more of that important context.”
Read on for a zoomed-out perspective of stock market performance this year.
Welcome to our May blog. Over the next few months, we are inviting guest bloggers to talk about their passions and ways to impact invest. This month, Hunter Hopcroft, Special Projects Manager for Ellwood Thompson’s, is writing about his work with the nationwide Slow Money movement. Slow Money provides local farmers equitable and nimble access to capital to help them improve their businesses and strengthen our local communities.
After living through the worst quarter (Q4 2018) since 2011, we just experienced the best start to a year since 2012, with the S&P 500 Index up +13.5% and international equities up +10.3% in Q1 2019. As recently as December 2018, the S&P 500 Index was down -20.2% (peak-to-trough, 9/20/19- 12/24/19), and the threat of moving into a global recession loomed large. In other words, the first quarter was almost a mirror image of the fourth quarter.
What triggered equities to drop to bear market levels then to abruptly – and I mean abruptly! – reverse?
So you want to buy a house? Just make sure to take the time to make sure it’s your dream home—not a financial nightmare.
Let’s bust some myths about real estate, shall we?
It’s time to have a talk. The “what are we doing here?” talk. But this time, instead of sitting down with your significant other to talk about your relationship with each other, it’s time to have “the talk” about your relationship to money. We understand that everyone has a different past, personality, and approach to handling their finances. The more you come to understand the motives and values that guide your money habits and tendencies, the more intentional and mindful your overall approach will be. And that’s what we want for you, to be intentional with your finances, and to be inspired to live your values.
A “dead cat bounce” is a temporary recovery from a decline in equity markets. Downtrends are interrupted by brief periods of recovery — small rallies — when prices temporarily rise. The term is based on the notion that even a dead cat will bounce if it falls far and fast enough.
I know – it’s a terrible analogy, especially for cat lovers like myself. But it’s a well-known term in the industry, and likely apropos to what has been occurring in equities over the past few weeks.
I’ve worked in the financial services sector for most of my career. For big and small companies, from Wall Street to London to Richmond. The same theme emerges over and over again: Money is not about money – it’s about desire.
We all have painful patterns around money, desires we think money can help us achieve, and money fears and insecurities. But over-spending, over-working, accumulating debt, avoiding reviewing our investment statements – these are just symptoms of a deeper need or desire.
'Tis the season for hot cocoa, holiday festivities, and getting your financial ducks in a row. Here is Alexis Advisors' year-end checklist to help you plan ahead while looking back on another year passed.
Recent selling has been relentless, with the S&P 500 index down -8.7% since the start of October, and about flat for the year. The index remains on track for its worst month since 2010. Global equities (US and international) have lost almost $8 trillion of value this month, and is set to be the biggest wipe-out since the height of the financial crisis a decade ago.
A bear market is defined by most as a decline in equities of 20% or more. Many are asking, are we heading into a bear market?
Yoga has become a household word in the American lexicon. But, yoga is just the tip of the iceberg to an entire system of health and wellness. Not to diminish yoga, but there is a much broader system that informs how to live a balanced, healthy life – and yes, this system can be applied to life and money.
While crossing your fingers and wishing for a full scholarship is a fine thing to do, there are other steps you could (and should) be taking. Read on for our suggestions on getting your finances ready for college without pushing your target retirement date back.
The first half of the year has been filled with a series of worries and shocks. A looming trade war. Rising interest rates. A stronger U.S. dollar. Anti-European Union sentiment in Europe. A potential nuclear showdown with North Korea. Yet for all its gyrations and mood swings, U.S. equities made progress in the first half of the year, up 2.5%.
It’s time to set excuses aside and jump-start your retirement savings. Your future self will thank you if you do. Here are some steps you can take to get yourself on the right path.
If you’re like many parents, the thought of having a money talk probably sends you into a cold sweat even more than the birds and the bees. But there’s no time to lose – studies have found that kids start absorbing money messages very early on. And while money can’t buy happiness, it’s closely intertwined to a sense of abundance in life.
Even though we think global recession risk remains low – at least for this year – markets are responding to "the punch bowl being taken away" (meaning, less accommodative monetary policies.) With less accommodative policies comes the possibility of less robust growth. And Trump’s newly minted tariffs on selected imports are not helping the situation.
Back in 2016, when we went through the initial certification process, we scored a 99 out of 200. We’re excited that our preliminary 2018 score reflects our continued improvement in those core values. This year we earned a score of 107.5 – a 9% improvement!
The best way to minimize the headache of paying for college is to plan ahead and to regularly put money into an account earmarked for university. Here are some do’s and don’ts to help get you on the path towards a well-educated (and hopefully, debt-free) child.
We have already seen strong performance for January, with the S&P 500 Index up over +6% since the start of the month.
What’s driving this continued strong performance?
As of this week, the House and Senate leaders have reconciled their two versions of the Tax Cuts & Job Act. This is the biggest change to the tax code in over three decades. How will these changes affect you?