What does QDRO Mean? A QDRO is short for “qualified domestic relation order“. They are court order judgements to help pay for child support, alimony, and any other entitlement a spouse or former spouse may have. In short, if you are granted a QDRO you are entitled to all or a portion of someone’s retirement…
How did the market end this week? Mickey Dickey with this week’s market update. Now, depending how today Friday ends, we’re looking at a roughly a 3.4% increase in the NASDAQ, a 1.4% increase in the Dow, and a 1.6% increase in the S&P 500, which is solid. Now, today’s down a little bit, and…
The Contradiction of Experts It is time to tell the “experts”on TV like Jim Cramer, Jamie Dimon, David Tepper, etc. to check themselves. For the last year Jamie Dimon (over the last 12 months has forecaster a recession in the next year, yet we are 13 months in and there is no recession, and no…
Who is Jeffrey Gundlach? Jeffrey Gundlach is the CEO of DoubleLine Capital, founded in 2009. Gundlach is well known in the fixed income space with Barron’s having named him the “King of Bonds.” Gundlach has been fairly critical of the Fed back in May stating that they were behind the curve in raising rates. Gundlach…
Commission Based Financial Advisors Commission based Financial Advisors are those who get paid by selling you a product or investment. This is the oldest model for how an advisor could get paid. If the advisor put you into mutual funds, he/she would have gotten a commission from selling you those funds. Another example of this…
2022 has been a tough year. Without a doubt, 2022 has been a tough year for the stock market. In November of 2021, the Fed alerted the markets of it’s plans to begin raising rates to combat inflation. While this is certainly no surprise to many, the market is now trying to figure out when…
From 1960 – 2021 the average inflation rate was ~3.8%. I know The Fed has a “mandate” of 2%, But, as the saying goes “people in hell want ice water”. Inflation started going up in April of last year and seems to have peaked June of this year at 9.1%. So, it took 15-16 months…
An article on Fox Business states “US Job growth slows again in September with just 263,000 positions added” mentioning this number beat the 250,000 estimates by experts and a deceleration from 315,000 in August. This is the lowest gain since April 2021. Another article on the CNBC states “September job gains affirm that the Fed…
Re-Open or Re-Close?! “NY Indoor vaccine mandate begins 08/17/2021.” – Yahoo news 08/16/2021 “Texas high court blocks mask mandate in two of states largest counties” – nbcnews.com 08/16/2021 There seems to be a sense that the surge of the Covid Delta variant could become a problem for the stocks in the financial markets. The question…
A divorce can be an incredibly emotional process to go through. It is important to process this change in your own way as well as make the necessary changes to your life in a time frame that is appropriate for you. While there are certainly a lot of steps you are taking already, we wanted…