An RMD is something we eventually have to consider. Saving and investing money into a pre-tax retirement account is a great way to save for the future. It also allows you to lower your tax liability every year that you contribute, making pre-tax retirement accounts one of the most popular ways people sock away money for […]
RMD’s… What You Need To Know Read More »
Our PureVest Weekly Roundup looked at how more and more chip manufacturing is moving from Asia to the U.S. Taiwan semi-conductor announced they are tripling their investment in Arizona to manufacture chips. After home improvement company Lowe’s beat earnings two weeks ago, they announced a new $15 billion stock buyback program this week. Gas prices at the
Weekly Roundup 12/9/22 Read More »
This week, our PureVest Weekly Roundup focused on some major macroeconomic news. An explanation of exactly what macroeconomic news is can be found in the Education section below. In a speech on Wednesday, Jerome Powell acknowledged that the aggressive rate hikes from this year take time to work through the system; he also signaled that the Fed may
Weekly Roundup 12/2/22 Read More »
Our PureVest Weekly Roundup took a look at the state of the U.S. consumer. Retail Sales were the strongest in 10 months; Walmart, Lowes, and Home Depot had solid earnings reports, while Target disappointed investors. Home Sales struggled as mortgage rates continued to price buyers out of the market. At their investor day, General Motors had a
Weekly Roundup 11/18/22 Read More »
Our PureVest Weekly Roundup looked at October’s latest inflation report, which was the best reading since January. Following that CPI announcement on Thursday, markets had the largest one-day rally in over two years, with the Nasdaq popping over 7%. The midterm elections are now in the rear view mirror, and we looked at what stocks have done
Weekly Roundup 11/11/22 Read More »
A ROTH Conversion is a tax planning strategy that shifts money from a pretax retirement account to an after-tax retirement account. This is a popular strategy for many reasons, so we are going over some details for you. Although it is not the perfect fit for every investor, it remains one of our favorite long-term planning
Roth Conversions Explained Read More »
Our PureVest Weekly Roundup looked at the October jobs report, which was stronger than expected. On Wednesday, the Federal Reserve hiked interest rates by another 75 basis points; read how this will directly impact you. We also added an update on the state of the housing market and what you can expect over the next few years. Starbucks
Weekly Roundup 11/4/22 Read More »
