In this week’s installment of our PureVest Weekly Roundup, we looked at the July reading on retail sales which showed a resilient consumer. The recap of the Federal Reserves’ July meeting was released on Wednesday and showed that they lowered the odds of a large rate hike in September. Home sales fell 6% in July, but the average […]
Weekly Roundup 8/19/22 Read More »
How much money do I need to retire? This is a question that we will all ask at some point. This question does not have a singular answer. There is no “MAGIC” dollar amount that you need to accumulate before giving the green light to your retirement. There is only “YOUR NUMBER”! The amount that you need in your
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In this week’s installment of our PureVest Weekly Roundup, we looked at the better than expected inflation date for July as gasoline prices continued to fall. With stocks still down sharply for 2022 the ultra rich have been increasing their holdings. Disney just passed Netflix with 221 million streaming subscribers; and are planning to hike prices. We also looked at
Weekly Roundup 8/12/22 Read More »
In this week’s installment of our PureVest Weekly Roundup we looked at the strong jobs report from today. Despite recession fears, retailers are forging ahead as new store openings are outpacing closures by a wide margin. Democrats said they have reached an agreement on a new economic package; although it’s drastically scaled back from Biden’s initial plans. Ford’s stocked shined this
Weekly Roundup 8/5/22 Read More »
In this week’s installment of our PureVest Weekly Roundup we looked at news from some of the key market stocks. The Federal Reserves’ next meeting is slated for next week; and Jerome Powell is expected to announce a .75 bps interest rate hike. We also added a great article about the current state of the Oil market and how the
Weekly Roundup 7/22/22 Read More »
ROTH IRAs are an attractive retirement vehicle for many reasons. However, one limitation is the income limits that come into play when considering contributing to a ROTH IRA. This should not deter you from building up a ROTH IRA over the years as there is a very practical way around these income limitations. First, let’s look at
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In this week’s installment of our PureVest Weekly Roundup we checked in on the latest Retail Sales data for June which remained strong. Earnings season kicked off with mixed results from some of the largest financial companies. President Biden is headed to the Middle East for an important international trip. Costco and Apple were two outperformers this past
Weekly Roundup 7/15/22 Read More »
