Investing can challenge anyone. When you see your account values decrease, it creates a level of discomfort. But how do you know your breaking point? Financial Advisors have been using Risk Tolerance Questionnaires for decades, as do we. They range from extremely simple to more elaborate, and all have some basic limitations. Today we discuss measuring your ability to handle investment risk.
It is hard to believe it is already December. We are all ready to put 2022 behind us. It is time to look ahead to next year. We are all hoping for better things. But there is one major concern on our minds. What if stocks go down again in 2023? We look at the potential impact of back-to-back down years of negative investment returns.
This year has been very difficult for investors. A bear market has plagued both the stock and bond markets. The dark clouds of pessimism dominate the media. But things will change. Better times are ahead, and it is nearing time to shake the doldrums. Are you ready for the next bull market?
This week we have a live broadcast to discuss the current bear market. We'll talk about: what has made this one different, Have we reached the bottom? How does this bear compare? What should you be doing? Is now a good time to reassess the amount of risk you are comfortable taking?
When someone asks you about “risk,” what is your first thought? To most people, their focus immediately turns to what can happen with their investments—especially in a year like this one. But risk has many different elements, and some may be more perilous to your wealth than volatility.
There has been a lot of talk in the media about a recession. Today on Wealth Wednesday our financial advisors will discuss: Defining a recession, Inverted yield curve, are we in a recession, have stocks already priced in a recession, is this something to cause concern?
When is the right time of the year to take your Required Minimum Distribution? Will your major home improvement retain its value? And the challenge of being an optimist in a world full of pessimism.
According to BMO Harris Bank, one-fourth of Americans are considering delaying their retirement. High inflation, a looming recession and poor investment results impact their decision. If you are considering retirement you need to, know your numbers, make good decisions, look at delaying your retirement, and be flexible.
On July 1, we woke to learn the stock market posted its worst first half since 1970. The bond market did not do well either in the first six months. Today we review the investment markets for the first half of this year and offer some thoughts about what you can do to weather this storm.