Investing

Has “Sell in May” Gone Away?

Has “Sell in May” Gone Away? Investors aren’t yet backing out of stocks this spring. Healthy skepticism hasn’t motivated much selling. An old belief has lingered on Wall Street for years – the belief that investors should get out of stocks in May and get back into stocks in October. But here we are in May – and while analysts are wondering how much more upward progress stocks can make, gains are still occurring. On May 9, the S&P 500 [...]

By |2017-03-28T08:17:30-04:00May 17th, 2013|Business/Economic News, Investing|Comments Off on Has “Sell in May” Gone Away?

IRA Contribution Reminder

IRA Contribution Reminder Here’s an important reminder: April 15 is the deadline for funding your IRA for 2012. (If you have a SEP IRA, you have until October 15 if you filed an extension on your personal tax return.) You may contribute up to $5,000 to a traditional IRA or a Roth IRA for the 2012 tax year. If you were 50 or older in 2012, your contribution limit is $6,000. (If you own multiple IRAs, your total IRA contributions [...]

By |2017-03-28T08:17:30-04:00March 28th, 2013|Financial Fitness, Investing, IRA|Comments Off on IRA Contribution Reminder

Why It Is Wise to Diversify

WHY IT IS WISE TO DIVERSIFY  A varied portfolio is a hallmark of a savvy investor.       You may be amused by the efforts of some of your friends and neighbors as they try to “chase the return” in the stock market. We all seem to know a day trader or two: someone constantly hunting for the next hot stock, endlessly refreshing browser windows for breaking news and tips from assorted gurus. Is that the path to making money in [...]

By |2017-03-28T08:17:31-04:00December 6th, 2012|Financial Fitness, Investing, Personal Finance|Comments Off on Why It Is Wise to Diversify

How Much Retirement Income Will You Really Need?

Many people underestimate lifestyle costs, medical expenses and inflation. What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary to live comfortably in retirement. This estimate is frequently repeated … but that doesn’t mean it is true for everyone. It may not be true for you.                          You won’t learn how much retirement income you’ll need by reading this article. You’ll want [...]

By |2017-03-28T08:17:34-04:00May 10th, 2012|Investing, Retirement|Comments Off on How Much Retirement Income Will You Really Need?
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