Small-business owners are an essential component of keeping America’s economy churning. In the United States, small businesses with 500 or fewer employees make up 99.7% of companies.
Too often, however, small-business owners spend so much time and energy building their companies, they neglect their personal financial futures. They might consider their companies to be their retirement plans, but don’t create the structure or strategy necessary for turning financial success into a meaningful retirement.
With this report, our goal is to help business owners avoid costly mistakes and confidently plan for the retirement they deserve.Read More »
Hello, Derek Merkler here with my monthly economic update video for July 2019.
After a disappointing May, U.S. stock markets roared back in June. The S&P 500 picked up 6.9 percent, the Dow Jones Industrial Average rose 7.2 percent, and the NASDAQ Composite gained 7.4 percent.During the month, the S&P 500 reached a record high, while the Dow Industrials and the NASDAQ Composite came within a whisper of their historical peaks, which they’ve since broken at the beginning of July.1Read More »
U.S. stock benchmarks opened the new quarter positively. The S&P 500 gained 1.65% in the opening week of July; the Dow Jones Industrial Average, 1.21%; the Nasdaq Composite, 1.94%. Overseas, stocks in developed markets, tracked by MSCI’s EAFE index, rose 1.43%.,,,
A month of gains for stocks ended with a weekly retreat. The S&P 500 lost 0.30%; the Nasdaq Composite, 0.32%; the Dow Jones Industrial Average, 0.45%. In contrast, overseas shares, tracked by the MSCI EAFE index, advanced 0.14%.,
Last month was the best June for the blue chips since 1938; the best month for the S&P, since 1955. The Dow gained 6.9% in June, the S&P 6.2%.
Hey folks, Derek Merkler here again with another tip of the week. In this video, I will discuss the concept of being an under-accumulator or prodigious accumulator of wealth. The concept itself comes from the book “The Millionaire Next Door” which I highlighted in a recent video explaining my new client reading list.Read More »