The Weekend Word

DOL and You

Since it has been a major topic in the news of late we thought it was time for us to address the Department of Labor Conflict of Interest Rule.  We have shied away from the topic for a few reasons; the primary, has been the slow development of direction.  The recent change in administration has clouded the future of the rule and largely put the entire industry in a state of limbo.  Whatever the outcome we wanted to take the time to explain the rule and the potential impact of it.

Real Estate Tax Rundown

With tax time rolling around, one new problem that can come up for some people later in life is having to deal with the sale or inheritance of a property. It’s not something people deal with every year and every time it happens it tends to be ever so slightly different than the last.

Saver's Tax Credit

We all know it can be tough to find the money to put away for retirement with how expensive life is today. Being a saver isn't always fun, but it can really pay off in the long run.

Buffett’s Buffets

I would venture to guess the majority, if not all of you know who Warren Buffett is. If not, maybe you have heard of Geico, Dairy Queen, Fruit of the Loom, Brooks Sports, or Duracell.  Those aforementioned companies are subsidiaries of Berkshire Hathaway, whose CEO and majority shareholder is, Warren Buffett (See? It all came full circle).

Big Deal

The Dow broke 20,000 this week. Yay! That’s lovely and all, but what does that actually mean to investors.

What it means

1 vs 99

Social and economic inequality is something that has been a widely-publicized problem for a few years now.  The cause really took root in the 2011 protest dubbed “Occupy Wall Street”.   During about a 2-month period, protestors occupied Zuccotti Park in New York’s financial district in order to raise awareness for their cause.  Little came from the Occupy Wall Street movement, but the phrase “we are the 99%” took root.

The Digit…al age

In 1955 Intel co-founder Gordon Moore made an observation that has since been dubbed “Moore’s Law”. Moore’s Law is easily summed up to say the computing speed of technology will double every 18 months. While this amazing feat has been true for the last 60 years, some speculate we could see this trend die in 2017.  As how much faster we can make our processors comes into question, many people have deemed the future of the technology sector to be, not hardware, but software based.

All Time High

All Time High

It’s Been a Heck of a Year

There I said it, this year has been an absolute whirlwind. I think unprecedented would be a good word for 2016 all around. Let’s recap some of those head shakers we saw come to pass this year.

  • The year started off with a bang. Delivering us the worst opening 10 days to the S&P 500 in history. Lovely start.

Santa Rally

As we move further away from the election and closer to the new year the market continues to chug forward. Whether this is related to the holiday season or the outcome of the presidential election remains to be seen, but the market is setting all-time highs as the Dow approaches 20,000 (expect a Weekend Word touching on this subject in early January).