Blog Investment & Financial News
Brexit
Last week the United Kingdom (UK) voted to leave the European Union (EU), leading to Prime Minister David Cameron’s resignation and swift reactions in the financial markets. As a result of the political uncertainty, stocks, bonds and currencies reacted strongly. Financial markets had priced in the UK staying in the EU, so the vote took investors…
It’s Dad Time!
In honor of Father’s Day the team at Leonard Rickey collected wise words of wisdom from our Dads: “The best liked people in a room are the ones who talk about themselves the least.” – Kelli “Stay humble, help others, and always give something back” – Susan “No matter what, tell the truth. It’s much better to face the problem…
Benjamin Rickey obtained the CIMA Designation
Benjamin J. Rickey recently obtained the Certified Investment Management Analyst® certification. Only 2 percent of financial services professionals hold CIMA certification, which is a credential designed specifically for investment advisors and consultants. The CIMA certification identifies individuals who have met extensive experience and ethical requirements and successfully completed advanced investment management consulting coursework provided through…
Don’t Roll Your Tax Refund Forward
Getting a refund this tax year? You might be planning to use this money like a bonus: buying things you need or want or even putting it into an investment account. However, many Americans choose to apply their refund to next year’s taxes. At first glance, it might seem like a sensible idea – prepaying…
4th Quarter 2015 Commentary
Market Summary 2015 was a difficult year for investors as many of the major asset classes finished down or flat for the year. The trends over the last few years continued in the fourth quarter, including U.S. stocks outperforming most other world markets, declining prices from oil and other commodities, a strengthening U.S. dollar and…
LRIA 2nd Quarter Market Commentary
2nd Quarter 2016 Commentary Leonard Rickey Investment Advisors “Brexit” briefly caused stock prices to tumble, but U.S. stocks quickly recovered and posted positive returns for the quarter. There has been a broad trading range for the last and half in the S&P 500. It finished at the top end of the range but did not…