The broad market decline continued in the second quarter, with stocks retreating across the board. Large domestic stocks, as measured by the Standard & Poor’s 500, dropped 16.4%. The Russell 2000, a gauge of smaller domestic companies, declined 17.5% and the Nasdaq Composite, heavily weighted in technology names, dropped 22.4%. ...
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Market Commentary: 1st Quarter 2022
Stocks declined across the board in the first quarter. Large domestic companies as measured by the Standard & Poor’s 500 dropped 4.9%. The Russell 2000, a measure of smaller domestic companies, was off 7.8%, while the Nasdaq Composite, heavily weighted in technology firms, declined 9.1%. Foreign companies, generally speaking, also...
2021 IRA Contributions
The IRS allows 2021 IRA contributions to be made until April 15, 2022, and in some instances, even further. Many benefits come with contributing to an IRA, such as immediate tax savings, “tax-deferred” or “tax-free” growth, and of course, saving for retirement. Take a look below for a brief overview...