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Community Involvement: West Valley Dollars for Scholars
Leonard Rickey Investment Advisors has deep roots in the community. We support local organizations, including West Valley Dollars for Scholars. Last month, our fine team of golfers participated in the West Valley Dollars for Scholars annual fundraiser. If you would like to learn more about West Valley Dollars for Scholars or learn how you can…
Student Loan Update
Moratorium Extended President Biden extended the student loan moratorium to August 31, 2022. This is the seventh extension and gives the over 43 million student loan borrowers a little more time to push off repayment of their loans without accruing any interest. While this is a short extension, there has been talk of extending into…
What Can Investors do to Hedge Inflation?
If you missed part 1 on the current inflation environment, here is a quick summary: Inflation is at 40-year highs in the United States. However, sustained periods of elevated inflation in the U.S. are rare. Over the past 100 years, U.S. inflation has stayed below 5% the vast majority of the time. In the aftermath…
Reframing Your Resolution Mindset
Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to such self-promises … life gets busy, our motivation fades, and before you know it, the year is half over, and your goal is no closer than when you started. If you’ve found yourself in a…
Unclaimed Property and Retirement Benefits
Unclaimed Property According to the National Association of Unclaimed Property Administrators, 1 in 10 has unclaimed property, and over $3 billion is returned each year. Unclaimed property can include uncashed paychecks, checking and savings accounts, stock, safety deposit box contents, insurance payments, etc. To search for your unclaimed property, follow these steps: Access the website:…
Market Update: February 25, 2022
It has been a rough start to the year for risk assets with the S&P 500 off 11%+ and U.S. growth stocks down even more. Both the Fed’s hawkish pivot and the Russia/Ukraine conflict have weighed on risk assets. We haven’t seen a 10% correction in the S&P 500 since March 2020, and we only…
2022 1st Quarter Investment Commentary
• The war in Ukraine, high inflation, and rising interest rates increased volatility. Both stock and bonds fell during the quarter. • Corporate balance sheets and earnings were on track to hit record highs in 2022. • The risks to an economic slowdown increased but the U.S. economy still appeared on track to grow through…