Planning for retirement is a crucial aspect of financial stability, and making informed investment decisions plays a significant role in ensuring a comfortable and secure future. At Prism Capital Management, we understand the importance of balancing growth and security in your retirement portfolio. This article aims to guide you through effective investment strategies that will help you achieve this balance.
Economist Fritz Meyer yesterday said inflation is slowing rapidly and warned of a period of deflation.
At his monthly webinar for CFP, CPA, CIMA, CFA professionals, Mr. Meyer showed several charts tracking inflation expectations, including the two shown below.
Stock investors are assuming the debt ceiling problem would be resolved. Otherwise, stocks would have plunged this past week.
An investment’s risk is usually defined as its standard deviation. The financial press and investment marketers cannot be faulted for defining risk as standard deviation. Reducing the concept to a single statistic makes it easy to understand. However, standard deviation expresses only one aspect of investment risk. It totally misses the more important human component: how you will behave in reaction to your wealth disintegrating in a crisis like the 2008 global financial meltdown. That’s what really matters in managing wealth strategically.
With a recession more likely following the banking crisis in March, small business owners and those starting new businesses receive some relief from this new tax break that became effective in 2023.