The Welch Group

Lower Mortgage Rates

Mortgage Interest Rates Plunge

According to BankRate.com, home mortgage rates dropped to their lowest level in 17 months.  The 30-year mortgage is at 4.04% and a 15-year mortgage is at 3.41%.  Rates on 30-year jumbo loans also fell to 4.10%.  This is great news if you’re considering buying a home and should serve as a reminder to check your […]

What If I Live to 100?

What If I Live to Age 100?

Just for fun, let’s begin with a bit of history.  Five thousand years ago, life expectancy was 18 years.  By the 1900s, life expectancy had risen to age 47.  Today, it’s age 79 and continues to rise.  What’s more shocking is that demographers predict children born in 2000 will, on average, live to age 100 […]

My Child Graduated from College, Now What?

My Child Just Graduated from College…Now What?

It is certainly a proud moment in a parent’s life when their child graduates from college.  And proud you should be.  Research indicates that college graduates earn in excess of $1 million more over their careers than non-graduates.  And while we tend to think of this as the ‘next phase’ of a child’s life…getting a […]

Weathering Market Volatility

Is Your Mindset Right for Stock Market Volatility?

The are many ways I measure my success as a wealth manager, but one of the most important ways is how many nervous calls I receive from clients when financial market volatility increases.  If I’m doing my job well my clients achieve a certain mindset and comfort level, allowing them to navigate extreme periods of […]

Getting the Most Interest for Your Money

3 Steps to Getting a Higher Interest Rate

In late 2007, right before the banking meltdown that ushered in the Great Recession of 2008, we were easily earning north of 4% on money market accounts.  As the recession unfolded, and with much help from the Federal Reserve, interest rates plummeted to near zero percent…actually zero percent in many cases.  Some ten years later […]