While poor investment outcomes can result from a variety of reasons, there are a few common mistakes. The good news is that these mistakes can be avoided with a small amount of planning and discipline. See below the mistakes that I refer to as the “Big 3”: For weekly insights, follow The Welch Group every […]
What is worse: Inflation or Recession? Many have posed this question to me over the past several months, so I thought it constructive to review their respective attributes and provide context to the challenge facing the U.S. Central Bank/Federal Reserve. First, it is essential to understand that the Federal Reserve has a dual mandate of […]
The annual inflation rate accelerated to 9.1% in June, the highest rate we have seen since 1981 when Jimmy Carter rolled out the ‘WIN’ buttons (Whip Inflation Now). This is the worst inflation in over 40 years! Inflation is hard to miss. A tank of gas is approaching $100 and prices of just about everything […]
The National Bureau of Economic Research (NBER) currently defines a recession as “a significant decline in economic activity across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, etc.” Historically they defined a recession as simply “two consecutive quarters of decline in real Gross Domestic Product […]
Each year, millions of Americans retire or change jobs. In fact, due to the tight labor market in 2022, Americans have more leverage than in the past with approximately 65% of workers currently looking for alternative opportunities. Regardless of the reason for your employment transition, do not forget about your old employer-sponsored 401(k)’s. According to […]
Yesterday we celebrated the 4th of July (Independence Day) as a nation. It is a great time to remember the sacrifices Americans made to free themselves from British rule and set America on a course to become the greatest nation on earth. For weekly insights, follow The Welch Group every Tuesday morning on WBRC Fox […]
For most participating in a company 401(k) plan, it can be difficult to confidently create a portfolio that aligns with one’s financial goals and objectives. The challenges vary from the confusion around expenses to the limited menu of stock and bond mutual fund options; not to mention the illusion of diversification. So how do you […]
Investors with broader stock and bond market index exposure are experiencing unusual amounts of pain in 2022. As of today, the indexes are down approximately 16% and 15% respectively. While the correction in the broader stock market after a 12-year bull run is not surprising, the poor bond market performance is. Investors are accustomed to […]
Russia’s invasion of Ukraine has exacerbated an already jittery stock market. It wasn’t too long ago when the Dow peaked at 36,799.65 on Jan 4th, 2022, and has since fallen more than 8%. Likewise, the S&P peaked at 4,796.56 and has fallen more than 10% during that same time. Commentary on Russia’s invasion has run […]
By The Welch Group The events of the last few weeks in Ukraine have been stressful and upsetting to many of us. The buildup of Russian forces along the border, rising tensions, and the ensuing attack have caused worldwide shockwaves. People across the globe are understandably concerned and anxious. What’s more, the events have caused […]