Month: March 2020

Retirement, Politics a Desperate Mix for Some

In some tremendous news, last year the average 401(k) balance rose to $112,300, an increase of 17 percent from the prior year. Similarly, the average individual retirement account (IRA) balance rose 17 percent to $115,400. Both are new records. Surging markets worldwide were responsible for the growth. Just last year alone, the S&P 500 booked a …

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Dip or Cliff?

I try to look at the bright side of things. But in this business, I’m often surrounded with negativity when it comes to markets and investing. In 2009, you would’ve thought we’d never escape the financial crisis. In 2011, everyone figured European debt would fry the planet. Back in 2012, the U.S. debt downgrade was …

Dip or Cliff? Read More »

Dip or Cliff?

March 9, 2020 I try to look at the bright side of things. But in this business, I’m often surrounded with negativity when it comes to markets and investing. In 2009, you would’ve thought we’d never escape the financial crisis. In 2011, everyone figured European debt would fry the planet. Back in 2012, the U.S. …

Dip or Cliff? Read More »