Student Loan Fiasco
Submitted by Sound Foundation Wealth Advisors on August 29th, 2022
August 2022
Distorted
Submitted by Sound Foundation Wealth Advisors on August 22nd, 2022
Silly Season
Submitted by Sound Foundation Wealth Advisors on August 15th, 2022
With less than three months left before the 2022 midterm elections, it is officially silly season when it comes to interpreting economic reports. For many analysts it’s pretty much all politics all the time, with data seen through a political lens first, and with real unbiased economic analysis coming maybe second, if ever.
Why Should You Diversify Your Investment Portfolio?
Submitted by Sound Foundation Wealth Advisors on August 11th, 2022
The U.S. equity markets had the worst first half since 1970, entering bear territory. And then, in July, equities turned in the best performance since November of 2020, recovering over 9%.
That can all be described by one word: volatility.
You’ve Maximized Your 401(k). Should You Invest After-Tax in an IRA?
Submitted by Sound Foundation Wealth Advisors on August 9th, 2022
Tax Hikes: Bad, but Bearable
Submitted by Sound Foundation Wealth Advisors on August 8th, 2022
With the Senate having passed a budget plan yesterday with only Democratic votes as well as a tie broken by Vice President Harris, it is only a matter of time before President Biden signs the first significant tax hike since the “Fiscal Cliff” tax hike in early 2013. What’s important to keep in mind is that it could have been worse…much, much worse.
Monetary Muddle
Submitted by Sound Foundation Wealth Advisors on August 1st, 2022The Federal Reserve raised short-term interest rates by three-quarters of a percentage point (75 basis points) on Wednesday. The day before, the Fed had released M2* money supply data for June and it fell slightly, the second decline in three months.
