Pursuing a better investment experience
Personal finance and investments are among the most complicated topics facing young adults. Following is advice for young adults in the key areas of saving money, paying off debt, purchasing a home, buying insurance and investing.
When the prices of goods and services increase over time, consumers can buy fewer of them with every dollar they have saved. This erosion of the real purchasing power of wealth is called inflation. Inflation is an important element of investing. In many cases, the reason for saving today is to support future spending. Therefore, keeping pace with inflation is a crucial goal for many investors.
Thirty years ago, emerging markets made up only about 1% of world equity market capitalization, and just 18% of global GDP. As such, the ability to invest in emerging markets was limited—the few funds available were high-cost, actively managed funds.
January is typically a strong month for the municipal bond market, but 2018 began with the worst January performance since 1981, driven by rising interest rates and uncertainty over changes in the Tax Cuts and Jobs Act (TCJA).1 The muni market stabilized through April 2018, but uncertainty remains.
Interest rates have gone up relatively significantly this year. Figure 1 shows the increases in the one-, three-, five- and 10-year Treasury bond rates through April 18. While interest rates moves of these sizes have occurred a multitude of times in the history of the U.S. …
Markets can be volatile. It's important to stay disciplined and tune out the noise.
At the end of every year, mutual funds distribute capital gains and dividends. Looking at any part of the portfolio in isolation can cause confusion, and this is especially true when reviewing account statements around distribution dates.
Siena Investments to open additional location in Williamston yet this year.
After reaching all-time highs on January 26, 2018, the Dow Jones Industrial Average and the S&P 500 went into a two-week slide that saw both stock indexes drop by more than 10%, a decline that is typically considered a market correction.
Prior to Feb. 2, the stock market had been through a remarkably tranquil period. Since that date, the U.S. stock market has experienced multiple days with drops of 2 percent or more in a short period of time.
Top 150 Investment Firms In the United States
Since 2010, Siena has been nationally recognized on the list of 150 Top CPA Wealth Advisory Firms in the United States by Assets Under Management by Accounting Today magazine. Siena is included in the “100 Million Plus Club” classification on the list. We are one of only five investment advisory firms in Michigan on the 2018 list.
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