Wealth Management Newsletter | All posts archived in 'September 2018' — Page


From monthly archives: September 2018

We are pleased to present below all posts archived in 'September 2018'. If you still can't find what you are looking for, try using the search box.

Market Month: August 2018

The Markets (as of market close August 31, 2018)Stocks enjoyed a record-setting month in August as several of the benchmark indexes reached new all-time highs during the month. Of the benchmark indexes listed here, only the Global Dow lost value. Otherwise, indexes representing large caps, small caps, and tech stocks all posted noteworthy monthly gains. A strong employment situation, positive economic growth, and relatively stagnant inflation have contributed to investor confidence, despite ongoing global trade wars. Tech stocks soared in August, as the Nasdaq jumped almost 6.0% — its strongest August showing in 18 years. Following the Nasdaq was the Russell 2000, which gained over 4.0%. The large caps of both the Dow and S&P 500 also posted notable gains.By the close of trading on August 31, the price of crude oil (WTI) was $69.90 per barrel, up from the July 31 price of $68.43 per barrel. The national average retail regular gasoline price was $2.827 per gallon on August 27, down from the July 30 selling pri ...

Protecting Your Loved Ones with Life Insurance

How much life insurance do you need?Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage, and your goals. For example, when you're young, you may not have a great need for life insurance. However, as you take on more responsibilities and your family grows, your need for life insurance increases.Here are some questions that can help you start thinking about the amount of life insurance you need:What immediate financial expenses (e.g., debt repayment, funeral expenses) would your family face upon your death?How much of your salary is devoted to current expenses and future needs?How long would your dependents need support if you were to die tomorrow?How much money would you want to leave for special situations upon your death, such as funding your children's education, gifts to charities, or an inheritance for your children? What other assets or insurance policies do you have? Types of life insurance policie ...




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