Fact Of The Week November 10, 2021
Short-term volatility and market corrections are commonplace even during strong bull markets. Navigating this volatility can be a scary and daunting task, so please don’t hesitate to reach out for our professional guidance. Did you know? The S&P 500 realized double digit gains 8 out of the last 10 years. In those 8 years that realized double digit gains, the S&P experienced an average intra-year decline of 10.375% Source: JPM Guide to the Markets Oct 2021 This material is for informational [...]
Fact Of The Week November 3, 2021
Retirement assets are an extremely pivotal part of maintaining wealth in our country. Are you taking advantage of all the options that are available to you? Contact us for a second opinion to make sure. Did you know? Retirement assets account for 33% of all household financial assets in the US. Source: June 2021 ICI Research Report This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the SEC. Signature Wealth [...]
Fact Of The Week October 27,2021
Signature’s Fact of the Week: 2021 has been a hectic year in real estate yet many individuals were still able to purchase their first home. Did You Know? - First time home buyers made up 31% of all home buyers in 2021. Source: National Association of Realtors (NAR) This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the SEC. Signature Wealth Management Group only transacts business in states where it [...]
Fact Of The Week October 20, 2021
Signature’s Fact of the Week: Interesting statistic about American ownership of stocks that was released earlier this week. DID YOU KNOW? The wealthiest 10% of Americans own a record of all U.S. stocks. Source: CNBC Analysis 2021 This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the SEC. Signature Wealth Management Group only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.
On This Day In History October 19, 1987
WORST DAY IN STOCK MARKET HISTORY On this day in history, referred to as Black Monday, the Dow Jones Industrial Average incurred over a 22% decline in a single day. To this day, this remains the worst single day in stock market history. In order to prevent another such day, the SEC implemented circuit breakers to minimize panic selling. Source: Investopedia This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with [...]
On This Day In History October 14 1996
A fun fact from a time not that long ago. Comment if you remember this moment in history! On this day in history, the Dow Jones Industrial Average closed above 6,000 for the first time in history. It hit the highwater mark two times prior but retreated during trading session. Since eclipsing the 6,000 mark, the Dow has increased more than five-fold. Source: CNN Money This material is for informational or educational purposes only. Signature Wealth Management Group is registered as [...]
Fact Of The Week October, 13 2021 | Debt For Education
Did you know? - 30% of college attendees take on some form of debt to pay for their education? What can parents be doing to minimize the amount of debt that their children may need? Contact Us about how to plan for your child’s college expenses. Source: Federal Reserve 2020 Report This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the SEC. Signature Wealth Management Group only transacts business in states [...]
Don’t Forget About The Dividend | Important Investing Principle
Don’t forget about the dividend! This is one of the most important investing principles as dividends add value to a portfolio. They can provide a cushion for investors when growth of principal can be hard to come by, they can enhance total return over a long period of time by compounding reinvestments, and they can be the source of income for retirees who choose to live off the dividend rather than draw down principal. Since the beginning of the millennium, dividends [...]
Unique Advantages of Health Savings Accounts | Tax Advantaged Savings
These tax-advantaged savings accounts can help you cover your health care expenses A health savings account (HSA) is a tax-advantaged savings account that allows individuals with high-deductible health plans to set money aside for medical expenses. These accounts offer unique tax benefits and can even be savings tools for retirement. What is a health savings account and how do you qualify? An HSA allows you to contribute pre-tax funds and make tax-free withdrawals to pay for qualified medical expenses, like prescriptions, [...]