Important Topics for Older Parents to Discuss with Their Adult Children
Monday 18th June, 2018
How do you talk to your adult children about your financial plans and future health-care needs? Both you and your children may view this type of discussion as uncomfortable, awkward, or even confusing. It can be difficult, but putting it off only makes matters more complicated later.
Having these types of financial and end-of-life discussions, ironically, instills a sense of confidence and comfort in everyone involved. Parents who talked with their adult children about their concerns about aging were pleased with the discussions: 95% reported experiencing peace of mind, compared to 63% of parents who didn’t discuss their concerns with their children.
Strength, Growth, and Tension
Monday 11th June, 2018
As last week ended, tension between the U.S. and some of its greatest allies was on the rise. Trade remained a hot-button topic ahead of the G-7 meeting in Canada, but investors seemed largely unfazed by the drama. In fact, all 3 domestic indexes posted strong results: The S&P 500 added 1.62% and the NASDAQ gained 1.21%, with both indexes notching their 3rd week of gains in a row. The Dow ended Friday up 2.77% for the week— recording both its highest level and largest weekly gain since March.3 International stocks were also up, with the MSCI EAFE increasing by 0.91%.
Jobs Report Calms Volatility
Monday 4th June, 2018
Markets experienced heightened volatility last week, with the S&P 500 rising 0.49% and DOW dropping 0.48%. Meanwhile, the NASDAQ rose 1.62%, as international markets took a small dip, with the MSCI EAFE losing 1.10%.
Financial Readiness for College Graduates & Weekly Update
Tuesday 29th May, 2018
This is the time of year when college graduates prepare to make their career dreams and goals a reality. Despite their degrees, however, they may be ill equipped to face financial challenges. According to an ongoing study by the National Financial Educators Council, the average level of financial literacy in 19-24 year olds is 69%
Geopolitical uncertainty affected stocks last week, as the historic summit between the U.S. and North Korea began to look less likely. On Thursday, May 24, President Trump announced that the summit was off, and stocks stumbled in reaction. The next day, Trump said the meeting might still occur next month, leaving investors questioning the eventual outcome
Tackling Trade & Treasuries
Monday 21st May, 2018
Major domestic indexes went down last week after all three gained more than 2% the previous week. The S&P 500 dropped 0.54%, the Dow gave back 0.47%, and the NASDAQ lost 0.66%. International stocks also stumbled; the MSCI EAFE decreased by 0.61%.
Markets Post Week of Growth
Monday 14th May, 2018
On Friday, the markets closed the week gaining traction. The Dow had 7 days of consecutive growth, rising 2.34%—its largest weekly gain since March.1 Meanwhile, the S&P 500 rose 2.41%, the NASDAQ jumped 2.68%, and the MSCI EAFE increased 1.41%.
Monday 7th May, 2018
Domestic indexes posted strong results on Friday, May 4, as the latest labor report data lessened investors’ concerns about inflation and interest rates. Nonetheless, stocks had mixed results last week. The S&P 500 dropped 0.24% and the Dow gave back 0.20%, which marked both indexes’ 2nd week of losses in a row. Thanks to a bounce in tech stocks, however, the NASDAQ gained 1.26%. International stocks in the MSCI EAFE decreased by 0.57%.
Time to Spring Clean Your Accounts
Monday 30th April, 2018
Springtime often requires some financial spring cleaning. This is the best time to ensure your accounts are up to date and secure. Included are some tips to keep your finances safe and sound.
Thursday 26th April, 2018
Thursday 26th April, 2018
Examining Earnings & Yields
Monday 23rd April, 2018
Stocks posted moderate gains last week, as the S&P 500 added 0.52%, the Dow increased 0.42%, and the NASDAQ rose 0.56%. International stocks in the MSCI EAFE followed suit, gaining 0.41%.
Earnings Season Begins
Monday 16th April, 2018
Market volatility continues. Stocks slid on Friday, April 13, but still held on to gains for the week. The S&P 500 increased 1.99%, the Dow added 1.79%, and the NASDAQ was up 2.77%. International stocks in the MSCI EAFE also rose, gaining 1.45%
Maintain Your Standard of Living in Retirement
Monday 9th April, 2018
Saving for retirement to sustain your standard of living is a continual effort to prevent your quality of life from declining in later years. Unfortunately, for many retirees, this goal can be difficult to achieve. Even with planning, 52% of working-age households may not be able to sustain their lifestyles in retirement.1 You can take steps today so that you can pursue life on your terms, no matter what retirement lifestyle you choose.
Monday 2nd April, 2018
Markets were closed on March 30 for Good Friday, but in the four days of trading, stocks recovered some of this year’s losses. For the week, the S&P 500 added 2.09%, the Dow gained 2.67%, and the NASDAQ increased by 1.03%. International stocks in the MSCI EAFE grew 0.81%.
Stocks Drop as Tariffs Rise
Monday 26th March, 2018
Markets experienced significant declines last week. The S&P 500 lost 5.95%, the Dow dropped 5.66%, and the NASDAQ declined 6.54%. With these losses, all 3 domestic indexes had their worst weekly performance in more than 2 years. International stocks also declined, with the MSCI EAFE giving back 2.64%.
Interest Rates, Treasuries, and Inflation
Monday 26th February, 2018
Last week, the Presidents’ Day holiday meant markets were only open for 4 trading days, and during that time, we received comparatively few economic reports. Nonetheless, major domestic indexes showed considerable volatility and posted losses for 3 straight days. By Friday, however, stocks rebounded and ended the week in positive territory. For the week, the S&P 500 gained 0.55%, the Dow added 0.36%, and the NASDAQ was up 1.35%. International stocks in the MSCI EAFE lost ground, dropping 0.50%.
Tuesday 20th February, 2018
Markets rebounded last week, posting sizable gains and moving back into positive territory for the year. All three domestic indexes experienced their largest weekly growth in years, despite losing some ground on Friday after news of additional indictments in the Russia investigation.
Special Update: Understanding Volatility
Monday 12th February, 2018
After months of relative calm, market fluctuations are causing many investors to wonder what is happening to the economy. Last week, the S&P 500 lost 5.16%, the Dow dropped 5.21%, and the NASDAQ declined 5.06%. The MSCI EAFE also gave back 6.19%. These losses pushed all four indexes into negative territory for the year. In addition, the weekly performance included significant volatility, as stocks had large fluctuations both within days and from one day to the next. The Dow, for example, lost over 1000 points twice during the week—and also twice gained over 300 points.
Markets Slide as Bond Yields Rise
Monday 5th February, 2018
After 4 straight weeks of gains, the markets have slipped. As of Friday, the S&P 500 lost 3.85%, the Dow dropped 4.12%, and the NASDAQ decreased by 3.53%. International stocks in the MSCI EAFE also took a 2.78% hit. Domestically, the losses spanned sectors and asset classes. For the S&P 500, all 11 of the index’s industries lost ground last week. This decline came after the S&P 500 had its best January performance in over 20 years
Stocks Jump Again
Monday 29th January, 2018
Stocks had an impressive week yet again, as each of the domestic indexes reached record highs and gained at least 2%. The S&P 500 added 2.23%, the Dow increased 2.09%, and the NASDAQ grew 2.31%. International stocks in the MSCI EAFE joined the growth, adding 1.49%
Stocks Up as Shutdown Looms
Monday 22nd January, 2018
We’re only a few weeks into 2018, and stocks are showing quite a strong performance so far. Last week, major domestic indexes posted gains yet again, with all 3 up at least 5% this year. By Friday, the S&P 500 had added another 0.86%, and both the Dow and NASDAQ were up 1.04%. All 3 indexes hit new record highs at least once during the week
Equities and Inflation Climb
Tuesday 16th January, 2018
Domestic markets continued their strong start to 2018, posting gains across the board for their 2nd week. The S&P 500 added 1.57% and closed at a new record high on Friday. The index just posted its best 10-day beginning to a year since 2003, with a 4.2% gain so far this year. The Dow also hit a new record on Friday and gained 2.01% for the week. The NASDAQ increased by 1.74%, while international stocks in the MSCI EAFE joined last week’s gains, adding 1.20%.
Cadent Winter Newsletter
Thursday 21st December, 2017
This issue includes guidance on safeguarding your credit, setting your 2018 Financial Resolutions and sticking to these goals, plus thoughts for warm and cold vacation destinations. We hope you will enjoy this issue and share with friends too
Cadent Fall 2017 Newsletter
Monday 9th October, 2017
We are pleased to share the Fall 2017 Cadent Newsletter with you.
This issue covers a myriad of topics relevant to many of us and our families – financing retirement, money stresses and eating healthy using fresh foods! Plus this issue is complete with an outline about how to winterize your home for the impending colder weather.
Cadent Summer 2017 Newsletter
Monday 26th June, 2017
Cadent Spring 2017 Newsletter
Monday 20th March, 2017
2017 Tax Planning
Friday 23rd December, 2016
Please take a moment to review our 2017 Tax Planning Whitepaper.
Cadent Winter 2016-17 Newsletter
Friday 16th December, 2016
This issue of On Wealth, includes guidance on retirement savings no matter your age, winter weather travel, and the aspects to consider when there is a caregiver in the family.