Financial Briefs – October
In October, our newsletter discusses steps you can take to catch up on retirement savings. The newsletter also provides guidance to help you determine how much to save in your 401(k).
DOWNLOADDespite a lot of uncertainty and some dramatic ups and downs, the Standard & Poor’s (S&P) 500 Index rose 2.3 percent in August, while the Dow Jones Industrial Average gained 1.8 percent to close at a record high.
MOREMarkets were gripped by August jitters. Last week, financial markets were volatile. The CBOE Volatility Index (VIX), which is known as Wall Street’s fear gauge, rose to the highest level in four years before cooling down.
MOREIn August, our newsletter discusses the steps to take to create a solid financial plan. The newsletter also provides guidance to help plan for a debt-free retirement.
MOREThe bull market in stocks charged past its two-year birthday on October 12. “This unique bull market is still young relative to history and, for now, supported by relatively healthy breadth and broadening participation,” wrote Liz Ann Sonders and Kevin Gordon of Schwab.
MOREThere was a lot to celebrate last week! The Standard & Poor’s 500 Index closed above 5,800 for the first time—and that’s not all.
MOREAsset allocation is important because it helps investors manage the risk and rewards of investing. In general, investments have different levels of risk and the potential return (or reward) for taking that level of risk is a higher return.
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