Advisors

Gyrating markets, rising rates and significant market volatility will always create anxiety for investors and leave them with a bad, sinking feeling. Those big swings typically cause investors great concern, no matter the rise or fall. But what is the root of the anxiety? Behavioral science suggests that humans are “uncertainty reduction” machines. That’s one
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Mark McCarron, chief investment officer for Wescott Financial Advisory Group, believes in global diversification when it comes to investing in stocks. But not when it comes to bonds. The reason: currency risk. “Our fixed income exposure is almost exclusively in U.S. dollars,” said McCarron, whose firm manages more than $2 billion in assets. “Currencies are
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We’ve all heard of voodoo economics, but voodoo investing? Noted Washington, D.C.-area radio personality and former financial advisor Dawn Bennett was convicted earlier this week of fraud, found to have bilked 46 listeners, advisory clients and friends who trusted her out of some $20 million in a Ponzi scheme. Prosecutors say she used voodoo in
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Whether you’re looking to avoid companies that have questionable environmental practices or to reward those that prioritize gender equality, there’s an investment strategy for that. Say hello to sustainable investing, which you may also know as socially responsible investing, a way for individuals to make a social impact with their dollars. This investment strategy involves
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America has a retirement savings crisis. Nearly half of working-age households can’t continue their current standard of living in retirement, according to data from the U.S. Federal Reserve’s Survey of Consumer Finances. People are living longer, and traditional pension plans are vanishing, hurting the chances for people to save enough to live comfortably in retirement.
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Retirees who are collecting Social Security retirement benefits have reason to cheer: Your Social Security checks will be larger next year. The Social Security Administration announced that the cost-of-living adjustment for 2019 will be 2.8 percent. That is in line with the 2.8 percent increase the Senior Citizens League, a non-partisan organization, predicted last month.
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Investment-grade bonds are supposed to be a port in the storm when the financial environment gets rough. Not so this year. Other than emerging market bonds, U.S. investment-grade debt has had the worst performance of any major sector of the fixed-income landscape so far this year. The iShares iBoxx $ Investment Grade Corporate Bond ETF,
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A disaster can greatly impact anyone’s financial situation, and being prepared is the best way to lessen the blow. Disaster preparedness is an evolving phenomenon, especially with many of the natural disasters occurring throughout the world. Man-made disasters can also create a financial burden. The following disaster preparedness tips regarding insurance and an emergency fund
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