Valerie Peck |
So how is your year going so far? Here are six financial best practices to keep in mind. Pick a few of them or take on the entire list. Either way, you’ll be that much further ahead by the time 2020 rolls around. Do nothing. Seriously. If you have a well-built investment portfolio in place, guided by a relevant investment plan, your best move in hyperactive markets is to let that plan be your guide...
Valerie Peck |
There are many ways that we support our favorite charitable causes. However, one of the most beneficial ways to support a favorite charity now and into perpetuity is through planned giving. While almost any larger nonprofit organization has an active planned giving program, it may come as a surprise that many smaller nonprofits are also eager to work with their donors on planned giving options. Before you make a commitment, be sure to check with...
Valerie Peck |
Value vs. Growth Investing There are those who favor value and those who favor growth. Provided by Peck Financial Advisors You might be initially confused by these terms or even suspect they aren’t that different in terms of what each model offers you as an investor, but they are very distinct approaches, and it’s good to understand these two schools of thought as you invest. This understanding could help you make important investment decisions, both...
Valerie Peck |
Value vs. Growth Investing There are those who favor value and those who favor growth. Provided by Peck Financial Advisors You might be initially confused by these terms or even suspect they aren’t that different in terms of what each model offers you as an investor, but they are very distinct approaches, and it’s good to understand these two schools of thought as you invest. This understanding could help you make important investment decisions, both...
Valerie Peck |
Tolerate the Turbulence Look beyond this moment and stay focused on your long-term objectives. Provided by Peck Financial Advisors Volatility will always be around on Wall Street, and as you invest for the long term, you must learn to tolerate it. Rocky moments, fortunately, are not the norm. Since the end of World War II, there have been dozens of Wall Street shocks. Wall Street has seen 56 pullbacks (retreats of 5-9.99%) in the past...
Valerie Peck |
Tolerate the Turbulence Look beyond this moment and stay focused on your long-term objectives. Provided by Peck Financial Advisors Volatility will always be around on Wall Street, and as you invest for the long term, you must learn to tolerate it. Rocky moments, fortunately, are not the norm. Since the end of World War II, there have been dozens of Wall Street shocks. Wall Street has seen 56 pullbacks (retreats of 5-9.99%) in the past...
Valerie Peck |
1099 Forms Explaining these ubiquitous forms and their uses. Provided by Peck Financial Advisors What is a 1099 form? This is a record of payment from an individual or entity, showing a payment, generated for your records. The individual/entity sends a copy to both the payee as well as the I.R.S. 1 Who might be sending 1099s? Clients send their freelancers 1099s, recording work performed. Banks send 1099s to reflect interest from a savings account...
Valerie Peck |
The A, B, C, & D of Medicare Breaking down the basics & what each part covers. Provided by Peck Financial Advisors Whether your 65th birthday is on the horizon or decades away, you should understand the parts of Medicare – what they cover and where they come from. Parts A & B: Original Medicare. There are two components. Part A is hospital insurance . It provides coverage for inpatient stays at medical facilities. It...
In this month’s recap: equities rally here and around the world, economic fundamentals look solid, the pace of home sales slows, and oil surges. Monthly Economic Update Presented by Peck Financial Advisors, February 2019 THE MONTH IN BRIEF During a month marked by political impasses in the United States and United Kingdom, equities performed well around most of the world. On Wall Street, the S&P 500 advanced 7.87% in January, with a new earnings season...
Valerie Peck |
Personal finance, like just about everything else, is mainly common sense. Advice like “don’t spend more than you make; start investing while you’re young; don’t loan money to friends with the expectation of getting it back,” have been around for generations, and most likely will survive the next few generations as well. Even money mistakes that are corrected early enough will have little impact on your wealth going forward. What you do want to avoid...
In this month’s recap: equity and commodity markets experience major losses, the Fed sends a hawkish message, home sales improve, and the economy maintains its momentum. Monthly Economic Update Presented by Peck Financial Advisors, January 2019 THE MONTH IN BRIEF December 2018 will be remembered for its volatility and its challenges. The S&P 500 flirted with bear market territory, dropping 10.16% for the month. Appetite for risk declined here and abroad in the face of...
In this month’s recap: equities rise with a little help from the Fed, oil dives, and most key domestic indicators look quite strong. Monthly Economic Update Presented by Peck Financial Advisors, December 2018 THE MONTH IN BRIEF For most of November, the stock market was plagued by the same skepticism evident in October: the sense that corporate profits were declining and economic growth was slowing. Then Federal Reserve chairman Jerome Powell threw investors a line...