Will the 2022 Midterm Elections Move Markets?
Will the 2022 midterm elections move markets? 5 data points to consider. Click here to read more.
This Is Not What a Recession Looks Like
This is not what a recession looks like Signs of economic growth are everywhere, says Jurrien Timmer. BY JURRIEN TIMMER, DIRECTOR OF GLOBAL MACRO FOR FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO), 07/28/2022 Key takeaways Although there's a sense of dread in the air that a recession is imminent, this sentiment isn't necessarily a reflection of the economic reality. Unemployment is low, consumers are spending money, and earnings continue to grow—all of which are positive economic signs. Earnings reports, which can [...]
A Bucket Plan to Go with Your Bucket List
A Bucket Plan to Go with Your Bucket List John and Mary are nearing retirement and they have a lot of items on their bucket list. Longer life expectancies mean John and Mary may need to prepare for two or even three decades of retirement. How should they position their money?1 One approach is to segment your expenses into three buckets: Basic Living Expenses— Food, Rent, Utilities, etc. Discretionary Spending — Vacations, Dining Out, etc. Legacy Assets — for heirs [...]
Choices for Your 401(k) at a Former Employer
Choices for Your 401(k) at a Former Employer One of the common threads of a mobile workforce is that many individuals who leave their job are faced with a decision about what to do with their 401(k) account.¹ Individuals have four choices with the 401(k) account they accrued at a previous employer.2 Choice 1: Leave It with Your Previous Employer You may choose to do nothing and leave your account in your previous employer’s 401(k) plan. However, if your account [...]
8 Retirement Mistakes to Avoid
Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. No Strategy: Yes, the biggest mistake is having no strategy at all. Without a strategy, you may have no goals, leaving you no way of knowing how you’ll get there—and if you’ve even arrived. Creating a strategy may increase your potential for success, both before and after retirement. Frequent Trading: Chasing “hot” investments often [...]