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Weekly Market Performance – September 25, 2020: The Roller Coaster Continues
The S&P 500 Index moved higher three days this week, but a 2.4% loss Wednesday pushed this index to its first four-week losing streak since August 2019. Energy, last week’s top performer, gave back over 9% this week and was this week’s worst-performing sector. Technology, the month’s worst-performing sector coming into the week, led with…
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September Bears Strike Again
The September weakness continued with the S&P 500 Index 9.6% off the all-time high set on September 2 (as of 9/23/20). It is important to remember that after a 60% rally in the S&P 500—and much more in some of the large-cap tech stocks—this type of seasonal weakness is normal and expected. We noted in…
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Protecting Your Nest Egg When You’re Unemployed
Don’t let a job loss derail your financial future. Consider these steps to help you stay on track to your long-term goals, even when short-term unemployment happens.
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What to know about Medicare before retirement.
Medicare is essential for many older Americans, helping them cover the costs of many necessary health care services. You have to be 65 to enroll in Medicare, but that doesn’t mean you should wait to learn how the program works. In fact, you’ll benefit by planning ahead for enrollment even when eligibility is many years…
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Help Your Adult Children Take a Step Toward Financial Independence
Some of the biggest lessons your child may learn happen when they’re entering adulthood and getting ready to live independent lives.
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529 Plans: The big questions answered
For National College Savings Month in September, we discuss several burning issues about these popular college savings vehicles.