What To Do Now To Build Wealth | Prism Capital Management

What To Do Now To Build Wealth

What To Do Now To Build Wealth

With the investment outlook uncertain, as it is almost always, this chart is a reminder that crises have come and gone throughout modern history and $1 invested in the U.S stock market, as measured by the Standard & Poor’s 500 stock index, compounded at an annualized rate of 7% for 65 years ended December 31, 2022.

New Budget Bill Includes SECURE 2.0 Act 2022 That Changes Retirement Savings

New Budget Bill Includes Changes Retirement Savings

New Budget Bill Includes SECURE 2.0 Act 2022 That Changes Retirement Savings

Saving for retirement might be a little easier thanks to the SECURE 2.0 Act of 2022, which will bring changes to retirement savings rules and tax breaks. The spending bill, which was passed in Congress on December 23rd, amounts to almost $1.7 trillion and includes bipartisan retirement savings legislation. The new laws known as the SECURE 2.0 Act of 2022 will change the way Americans save for retirement starting as early as January 1st.

Investor Note Post Pandemic Inflation Crisis Highlights U.S. Exceptionalism

Post-Pandemic Inflation Crisis Highlights U.S. Exceptionalism

Investor Note: Post-Pandemic Inflation Crisis Highlights U.S. Exceptionalism

Despite six hikes in interest rates in the past eight months by the nation’s central bankers to end a vicious cycle of inflation, the U.S. economy created 263,000 new jobs in November. To be clear, after one of the most aggressive monetary tightening campaigns in over a century, the U.S. experienced above-average job growth in November.