Blog Investment & Financial News
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…
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,…
Happy Earth Day: Sustainable Investing
Sustainable Investing Sustainable investing is no longer a niche investment approach. Growth has rapidly increased over the last 20 years (see graph at right)[1]. In a 2015 survey, the Morgan Stanley Institute of Sustainable Investing found that 71% of individual investors are interested in sustainable investing[2]. Sustainable investing seeks to provide strategies, products and solutions…
Not your Grandma’s Dow
Not Your Grandma’s Dow A quick online search for “Dow rallies 500 points” yields a cascade of news stories with similar titles, as does a similar search for “Dow drops 500 points.” These types of headlines may make little sense to some investors, given that a “point” for the Dow and what it means to…
QCD- Important news regarding tax preparation for 2018.
Important news regarding tax preparation for 2018 Did you make a Qualified Charitable Distribution (QCD) from your IRA in 2018? If you gifted to a qualified charity directly from your IRA in 2018 there are steps you need to take to make sure it gets reported properly on your taxes. You will receive a 1099R…
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…