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 »
Our PureVest Weekly Roundup looks at the reading on third-quarter GDP, which signaled economic growth after two-quarters of negative growth. Big tech (META, AMZN, GOOG, MSFT, AAPL) reported earnings this week. Elon Musk is the official new owner of Twitter, taking the company private and cleaning house in his first 24 hours. Pending home sales declined again as
Weekly Roundup 10/28/22 Read More »
Every year the IRS changes several items based on the rate of inflation. Their goal is to help people maintain their purchasing power as the cost of living rises due to inflation. In years past, this wasn’t a big deal as inflation was very muted, causing the IRS adjustments to be minor. As we know by now
IRS Changes For 2023; What Matters To You Read More »
Our PureVest Weekly Roundup covered a lot of ground this week. First, we looked at earnings reports from American Express and Netflix, which were better than expected. On the heels of the persistent inflation we have dealt with in 2022, the IRS announced updates to tax brackets, capital gains brackets, and a lot more adjustments for 2023. President
Weekly Roundup 10/21/22 Read More »
