Many advisory firms talk about their array of tools and resources. Every firm that is worth talking to
has them. The difference, however, is what the advisor does with them. Do they have the insight to use
them properly? How well do they apply them to help you? ACG’s insights may help provide a sense of
our ability to help you achieve success, as you define that term.
“Most kitchens have the same spices in the spice rack. That does not mean everyone is a good cook.”
– anonymous
With Russia breaking the norms of modern sovereign nations and the world order threatened, this is a good time to remember some basic concepts of investing...
With Russia in an existential economic war with most of the world, it’s a good time to mention a problem with the financial news media. The media create a mystique of infallibility of people they anoint as experts. It is only polite for a financial reporter on TV to treat an expert with respect on live TV, which gets replayed on TV and the internet. However, even though reporters may have the best of intentions, in giving great financial minds ..
The U.S. created nearly twice the number of new jobs in February than was expected, and hospitality was the No. 1 job-producing sector of the economy for the second month in a row. The pandemic’s grip on restaurants, hotels, and malls weakened and the nation may finally be turning the page on a dark period in history. Employment in leisure and hospitality continued to increase, with a gain o..
The stock market has been in correction mode since late January; the buying power of Americans shrank 10.1% in the 12 months through January 31, 2022, in the worst bout of inflation in 40 years! and last week Russia declared war on Ukraine! -- the first war in Europe since Hitler’s army marched on Poland and across Western Europe...
The first war in Europe since World War II, rampant inflation, and a -1.55% stock market decline in stock prices today, dropping stocks back into -10% correction territory today. Today’s headlines are frightening, which makes this the right time to talk about investment fear. Turmoil in the world, economic setbacks, and financial volatility can spark financial fear and anxiety in moments like this. This is a reminder that the most important thi..
Russia declared war on Ukraine on Thursday. Initially, the first war in Europe since World War II, sent stock prices plunging. For the second time in four weeks, the Standard & Poor’s 500 stock index declined by about -10% from its January 3rd all-time closing high. Meanwhile, in other news inflation worsened. Data released Friday showed the buying power of Americans shrank, with buying power eroded at the worst 12-month rate in about..
The Consolidated Appropriations Act (CAA) of 2021, signed into law December 27, 2020, by President Donald J. Trump, was a massive $2.3 trillion spending bill. At 5,593 pages, Wikipedia says, it was also “the longest bill ever passed by Congress.” Buried in CAA is a section on college-student aid dubbed “FAFSA Simplification.” It reduces the number of questions on the Free Application for Federal Student Aid (FAFSA) form from 108 to..
For the first time in 12 months, the U.S. Index of Leading Economic Indicators (LEI) ticked down, falling by three-tenths of 1% in January, as the Omicron variant, inflation, and supply chain problems cooled the hot economy. The LEI is a forward-looking index of 10 components, making it a reliable indicator of recessions and the pace of growth in the economy. Apart from one other interruption in early 2021, the LEI has surged higher every m..
Consumers do not expect the spike in inflation will last long. That’s the conclusion of six economists from the New York Federal Reserve Bank. “Besides its tragic human toll, the pandemic has brought about extraordinary economic dislocation, including unprecedented supply and demand imbalances that have resulted in a sharp rise in inflation,” says a Thursday, Feb 14, post from the six economists who examine the results of a monthly su..
With more than 100,000 Russian troops poised to invade Ukraine, the Standard & Poor’s 500 stock index lost -1.9% of its value Friday, after troop movements of Russian forces reportedly made a war in Europe more likely to break out at any moment. The economic news, however, remained positive overall despite the Ukraine conflict and inflation woes. The consumer price index, an inflation metric, released yesterday, increased anothe..
Generally speaking, investing today in your retirement plan will typically include these asset classes: Cash or Cash Equivalents, Bonds or Fixed Income, and Stocks or Equities. Each posses a different risk/return profile with stocks being the highest risk/expected return and Cash being the least amount risk/expected return...
Understanding risk is a key part of the investment planning process. A smart investor needs to fully comprehend how risk is measurend and its potential ramifications...
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