With school back in session in most of the country, many parents are likely thinking about how best to prepare for their children's future college expenses. Education Planning is a complex issue. A disciplined approach to saving and investing can help remove some of the uncertainty from the planning process.
The first quarter of 2016 was somewhat of a roller coaster. The first few weeks of the year started with a sharp downturn in equity markets which had many people worried about potential recessions and a repeat of 2008. Now, a few months later, those fears seem to have been somewhat unfounded as the stock market has completely rebounded and turned positive for the year. Volatility in markets can be unsettling for many investors, but as with everything, it is always important to understand the fundamentals and what is behind the movements.
When Mark Twain’s death was reported in the United States, he was alive and well in London. He responded to news accounts with a note saying, “The report of my death was an exaggeration.”
Last week’s jobs data suggest the same is true of reports that a recession is imminent in the United States. Barron’s explained:
“Thank goodness the mid-February fears of recession that brought markets to their knees – and the 10-year Treasury yield to a low of 1.53 percent – were overblown. Friday’s nonfarm payrolls report was the latest confirmation. It showed that 242,000 jobs were created last month, far more than expected and up from the previous month’s reading, which was itself revised higher.”
Bob Aamodt, founder and owner of Rock House Financial discusses ten tips for having a better investment experience.