Blog Investment & Financial News
Equifax Data Breach Update: Make a claim today
Two years ago, one of the big four credit reporting agencies, Equifax, announced it experienced a security breach. The breach resulted in criminals accessing personal information of approximately 147 million Americans between May and July of 2017. The compromised data included names, addresses, Social Security Numbers, and dates of birth. In some instances, driver’s license…
Investing through Market Volatility
Bouts of market volatility are an unnerving, but normal, feature of long-term investing. They’re not fun, but you can expect to see market declines periodically throughout your investing career. You often hear that investors shouldn’t pay attention to the markets’ day-to-day movements. But it’s sometimes impossible to avoid—like when stocks fall 3% in a day.…
Credit Traps for the Unwary
Credit Traps for the Unwary It’s hard to imagine functioning in today’s society without access to credit. However, you need to be careful not to fall victim to some of the pitfalls associated with it. Revolving credit can make it hard for you to pay off debt Credit cards allow you to spend money you…
2019 2nd Quarter Commentary
Market Summary U.S. stocks, as measured by the S&P 500 TR Index, got off to their best start since 1997 and reached new all-time highs. During the quarter the S&P 500 gained 4.3% which included a 6.4% drop in May and then a 7% bounce in June. This year’s 18.5% first half gain came…
Cybersecurity 101
Cybercrime has been on the rise. The risk of identity theft or your personal data being compromised continues to be a real threat, and it’s important for you to be prepared. We are extremely committed to protecting your personal and financial data. We have robust software security systems in place and test them regularly. In…
Update on Global Trade
Global trade tensions have been elevated since early 2018. Much of the focus has centered on a tit-for-tat exchange of retaliatory tariffs between the U.S. and China, but trade restrictions with North American and European allies are also a factor. The trade tension between China and the U.S. is bigger than just trade, which makes…
2019 1st Quarter Commentary
1st Quarter 2019 Commentary Leonard Rickey Investment Advisors Market Summary After one of the worst quarters in a decade, stocks shrugged off many of the uncertainties surrounding interest rates, trade wars and slowing global growth to have one of the best quarters in a decade. U.S. stocks, as measured by the S&P 500 TR Index,…
Leonard Rickey Investment Advisors: 3rd Quarter Commentary
Market Summary Similar investment themes from the second quarter continued into the third, producing volatile trading but overall little movement in asset prices. These themes included the ongoing U.S.-China trade conflict, slowing global growth, an inverted yield curve, the lowering of interest rates by Central Banks around the world, and ongoing political uncertainties, including Brexit…