Did you resolve to get control of your finances in 2012? We’ve got just the program for you. 7 Steps to Managing Wealth Wisely is a Lunch ‘n Learn workshop series for women in the Roanoke area. It is a great way to learn new skills in money management. Our first session starts on Thursday, February 23rd at noon. In this session we will help you … [Read more...]
Just when the Dow tipped over 12,000 and everyone said a rally is underway, the market took another nosedive! Investors are frustrated and at a loss for the proper strategy to manage their investment assets. The advice to “hold and hope” it comes back is less and less comforting. On Thursday, November 17th at 6:00 p.m. Connie Guelich will present … [Read more...]
You do not have to ride this market roller coaster with your wealth! There is another way. From top to bottom this year, the S&P 500 has declined over -19%. The turbulence has frightened investors and caused them to question yet again the advice to stay the course and hold and hope for their accounts to come back. On Thursday, October 20th at 6:00 … [Read more...]
Your 401k may be your single largest investment asset. Your future financial security depends upon your ability to successfully navigate the financial markets and choose the right investment funds to achieve your goals. In the last 11 years the market has twice lost over half its value. Not opening your statement to avoid “knowing” is not a wise … [Read more...]
The stock market has lost half its value twice in the last eleven years. If it happens again, what will you do differently this time to protect your money? On Thursday, September 15th at 6:00 p.m. Connie Guelich will present Navigating Turbulent Markets™ at our Roanoke office. This presentation shows why the market has been different since 2000 and why the … [Read more...]
On the eve of the 10th anniversary of the worst attack ever on our citizens and on our soil, it is normal and it is good to pause and reflect. When I see replays of the twin towers crashing to the ground, I feel the pain and the anguish all over again, almost as I did on that day ten years ago. I witnessed in real time, the brave New York firemen rushing … [Read more...]
If you own a large IRA beware! Trusts are very useful tools in estate planning, but naming your trust as the beneficiary of your IRA could be a costly mistake. If the proceeds of the IRA are distributed to your trust at your death, the entire IRA becomes taxable for income taxes in that year. The result could be several hundred thousand dollars going … [Read more...]
The Debt Ceiling Crisis July 29, 2011 “The Debt Ceiling Crisis” has taken center stage in the last few weeks as Congress and the President are unable to come together on a fix for the economy. Politicians and the media have spread fear and panic regarding the impact on financial markets if a timely agreement is not reached and every day that goes by … [Read more...]
After a strong rally for several months leading stocks began selling off in high volume in late April. Leading stocks are those that have superior fundamentals and have been outperforming the broad market on a relative basis during the recent rally. Volume refers to the number of shares traded in a day, relative to the previous trading day. High volume, … [Read more...]
Empowering Women to Manage Wealth Wisely My vision for our women’s workshops is to create a comfortable … [Read More...]
Americans have lost an entire decade of investment growth because they are being told to hold on and their … [Read More...]
S&P Downgrades U.S. Treasuries
The stock market has been under tremendous pressure for the last two weeks. A default by the U. S. government was avoided at the very last minute, but S&P took the unprecedented step a week ago of reducing the rating of US Treasuries from AAA to AA+. Intuitively, that move should cause a sell-off in bonds with bond prices dropping and the yield on … [Read more...]