According to a recent U.S. News & World Report list, a “financial advisor” ranked No. 25 of the 100 Best Jobs of 2015 — it is expected to be one of the faster-growing occupations over the next decade, with a projected growth rate of 27% through 2022. While my profession ranks No. 25, here’s why I think it’s No. 1.
Helping clients I’m often asked why I became a financial advisor.
A recent Pew Research Center study found that four in 10 of U.S. households headed by someone under the age of 40 have student debt – that’s the highest ever. The median level is approximately $13,000. Not surprisingly, the drag on household net worth is significant. For those households headed by someone under 40 with debt, household net worth is $8,700,
We’re coming into a make-it-or-break-it week for the stock market. Despite the overwhelming optimism for a year-end rally, market action over the past month has been lackluster. In my 11/25 comment, “Take the Points,” I urged readers to be suspicious of the extreme bullishness of sentiment: “Doubt the masses. Fade the optimism. Prepare to make year-end adjustments.” On the preceding Friday (11/22), the S&P 500 Index had closed at 1804.76,
The American Taxpayer Relief Act of 2012 has almost completed its first full year of implementation. Have you noticed a difference in your tax bill yet? If you are a higher income earner (more than $200,000 individually, more than $250,000 married) you may have noticed a slight change in your paycheck at some point during the year.
The air was thick with optimism as traders returned from the holiday week. Last week ended with a huge rally on Friday that left investors with a warm and fuzzy feeling to tide them over the cold weekend. Sadly, closer examination will show that Friday’s gain merely lifted the averages back to where they had started the week. Coming back from Turkey day, in an atmosphere dripping with bullish confidence for a year-end rally,
After getting off to a rocky start, stocks turned in a pretty respectable performance for the week. For the fifth time in the last seven weeks, the broad averages finished very near their highs of the week. The major averages all posted small gains for the week. The S&P 500 Index (SPX) closed above 1800 for the first time ever. Five of the nine S&P sectors that I track were down for the week,