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So far info@northlightfinancialservices.com has created 310 blog entries.

The Fed Decides to Wait

The Fed Decides to Wait In a tough time for equities, it elects not to roil the markets.  On Thursday, the Federal Reserve postponed raising short-term interest rates. Citing “global economic and financial developments” that could “somewhat” impair economic progress and lessen inflation pressure, the Federal Open Market Committee voted 9-1 against a rate hike, with Richmond Fed President Jeffrey Lacker being the lone dissenter.1 This spring, a September rate hike seemed probable – but during this past week, assumptions [...]

By |2017-03-28T08:17:18-04:00September 18th, 2015|Business/Economic News, Interest Rates|Comments Off on The Fed Decides to Wait

Riding Out This Volatile Market

Riding Out This Volatile Market A major global selloff unfolds. Is a bottom near?                                                                                                                              When will the stock [...]

By |2017-03-28T08:17:18-04:00September 4th, 2015|Investing, Stock Market|Comments Off on Riding Out This Volatile Market

What Does the Devalued Yuan Mean for the U.S.?

What Does the Devalued Yuan Mean for the U.S.? A look at China’s unexpected move & its potential impact.   China has surprised global investors by weakening the yuan almost 5%. Its central bank may even weaken it further.1,5 Why did the PRC make this move? Its long-booming economy is in a slump. Most notably, Chinese exports have taken a major fall. In July, they were down 8.3% year-over-year. By depreciating the yuan, China is trying to help its exports [...]

By |2017-03-28T08:17:18-04:00August 21st, 2015|Business/Economic News, International|Comments Off on What Does the Devalued Yuan Mean for the U.S.?

Behind on Your Retirement Savings?

Behind on Your Retirement Savings? What steps could you take to catch up?  If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions: Play catch-up. If at all possible, take advantage of the catch-up contributions the IRS allows you to make to IRAs and other retirement accounts starting in the year in which you turn 50. For example, this year a worker age 50 or older [...]

By |2017-03-28T08:17:18-04:00August 7th, 2015|Financial Fitness, Investing, Savings and Investing, Social Sercurity Planning|Comments Off on Behind on Your Retirement Savings?

Protecting Yourself Against Cyberattacks

Protecting Yourself Against Cyberattacks How vulnerable is your data?    25% of Americans were cyberhacked between March 2014 and March 2015. The American Institute of CPAs announced that alarming discovery in April, publishing the results of a survey conducted by Harris Poll. Disturbing? Certainly, but the instances of pre-retirees being victimized were even greater – 34% of adults aged 55-64 reported having their data stolen or compromised within that period.1  Small businesses are also commonly victimized. While identity theft has [...]

By |2017-03-28T08:17:18-04:00July 24th, 2015|Cybersecurity, Financial Fitness, Personal Finance, Well-being|Comments Off on Protecting Yourself Against Cyberattacks
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