As we are entering tax season, it is not too late to help reduce your tax bill for 2023. Did you know you have until April 15, 2024 to make prior year contributions to your IRA (from earned income)? That is just one of many tax strategies you may be able to take advantage of. [...]
This roundup of top financial news for the week presented by Matt Glova and the LifeTime Asset Management team: Monthly Market Update, Jan 31, 2024 Read more on: 1. Positive Start to the Year 2. Mixed Month for Bonds 3. Economic Growth Continues 4. Update from the Fed 5. Risks to Monitor 6. Solid Foundations [...]
Blog post by Brad McMillan, CFA®, Chief Investment Officer at Commonwealth Financial Network®. Markets rose last month, continuing November’s rally as interest rates pulled back even more on expectations of Fed rate cuts in 2024. Markets in the U.S. were up by mid-single digits, finishing a solid quarter and a very strong year. International markets [...]
It’s that time of year when many people set goals with the hope of changing their lives in the months to come. Some may set their sights on losing a significant amount of weight or training for a marathon, while others may want to spend more time with family or other loved ones. Whatever your [...]
At the start of 2023, we saw dire headlines about the economy and the markets despite positive economic data. Ultimately, the results this year followed the data, not the headlines. Yes, there were (and are) many concerns and risks. As long as the data stays solid, however, so should the results. And that’s worth keeping [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, Dec 18, 2023 Inflation continued to fall particularly on the producer side as falling energy supported the move lower. Service costs on the consumer side will be worth watching especially if this translates into lower wage growth and a softer job market [...]
Lorraine Johnson, CFP®, CFA®, ADPA® Announces Retirement at the end of 2023 It is with mixed emotions that we announce the retirement of a valued member of our LifeTime family, Lorraine Johnson, effective the end of 2023. Lorraine is not only a renowned financial advisor but also a distinguished member of the Women Business Owners [...]
LifeTime publishes a quarterly newsletter with a compilation of topics, from happenings at LifeTime to market news and updates. It’s worth a look! Our fourth quarter newsletter features: Lorraine Johnson, CFP®, CPA®, ADPA® Announces Retirement LifeTime Voted Raleigh's Best in Tax Services & Wealth Management Categories Important Changes in How to Communicate with Tax Team [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, Nov 27, 2023 Durable goods were lower than expected as a drop in aircraft orders led to underlying volatility. Existing home sales remained weak; homeowners who locked in rates below current rate levels have little incentive to sell. Nvidia stock fell despite [...]
It’s beginning to look a lot like Thanksgiving . . . and then Hanukkah, Christmas, Kwanzaa, and New Year’s Eve will follow. These are prime holidays for family gatherings, which can offer in-person opportunities to have important conversations. You may be inclined to keep the chats light and stick to topics like television shows and [...]