Today marked the end of the third quart and the worst quarter for the US stock market since 2008. Remember 2008? Yeah I know it was one of those years that most of us would like to forget. So this last quart was also one to forget. The S&P 500 last 14.3% and the Dow…
Dividend reinvestment plans (also known as DRIPs) allow you to use your dividend earnings to purchase additional shares of stock. These plans can be great for investors who want to watch their portfolio grow without incurring high transactional costs from buying and selling. Many financial gurus suggest people use DRIPs to create explosive growth. While…
Two common retirement instruments are the Traditional and Roth Individual Retirement Accounts (IRA). There are small differences in both of them that could have a big effect on your retirement dollars. What are the differences and which one is best for you? The Tax Reform Act of 1986 added the “Traditional” part of the Traditional…
Standard and Poor recently downgraded the United States’ AAA credit rating to AA+. Much of the political debates recently have been on what a disaster it would be if the United States got downgraded. Republicans were trying to make large cuts to the government’s spending while the Democrats wanted to increase taxes. The downgrade happened…
I Can Do That! : At some point and time, everyone thinks they can score it big with a few stock picks. Everyone thinks they can do better than the professionals. Unfortunately, for some of those professionals, that might be true. The Efficient-Market Hypothesis describes the stock market as efficient. An efficient market means that…