Axial Updates

    8 Things to Consider Before Buying Your Aging Parent’s Home Presented by Axial Financial Group   The “great wealth transfer” is set to take place over the next two decades, when baby boomers (the wealthiest generation in American history) will pass...

    To Roll Over—or Not to Roll Over—Your 401(k) Presented by Axial Financial Group   As you advance in your career and hold jobs at various companies, you may discover at some point that you’ve left behind valuable cookie crumbs: a trail of...

    Investing in an Election Year: Three things to keep in mind Investing during an election year can be tough on the nerves, and 2024 promises to be no different. Politics can bring out strong emotions and biases, but investors would be wise to put these...

Market Update—Week of April 8, 2024Presented by Axial Financial Group U.S. equities sold off this week as the Federal Reserve (Fed) members displayed a difference of opinion on how to tame the economy amid recent strong data. Bond yields rose dramatically as...

Market Thoughts for April 2024 [Video] Posted by Brad McMillan, CFA®, CFP®  This entry was posted on Apr 2, 2024   U.S. and developed markets set new price records on economic and earnings growth, but fixed income lagged as interest rates rose during the quarter....

Market Update—Week of April 1, 2024Presented by Axial Financial Group The S&P 500 outpaced the tech-oriented Nasdaq Composite in the first quarter. Bond yields were little moved in a short week of trading. Quick Hits Report releases: Durable goods orders rebounded...

    It's time for an annual spruce   BY BECCA STANEK, THE WEEK US PUBLISHED APRIL 6, 2023 Spring cleaning doesn't have to stop at your house. In fact, spring can be a great time to do a little financial checking in and tidying up as well. It's a few months...

Presented by Axial Financial Group Facing greater exposure to debt—which costs more as rates increase—small-cap stocks struggled last week. Rates rose as bond investors demanded more yield to offset hotter-than-expected inflation. Quick Hits Report releases: Consumer...

    Dec 08, 2023 | 8 min read Genevieve Waterman Director, Corporate Partnerships and Engagement Key Takeaways Scams targeting older adults are on the rise. In 2022, there were 88,262 complaints of fraud resulting in $3.1 billion in losses from people age...

Q4 2023 Earnings: The Winter Thaw Has Begun Posted by Rob Swanke This entry was posted on Mar 12, 2024   I love spending time outdoors—except when it’s 20 degrees outside. For me, winter in Boston is a time to focus on self-improvement, whether that’s working on...

Market Update—Week of March 11, 2024 Presented by Axial Financial Group Weak iPhone and Tesla sales in China moved the Nasdaq Composite lower. Rates for Treasuries with maturities greater than five years fell as the Federal Reserve (Fed) indicated it was close to...

Posted by Brad McMillan, CFA®, CFP®  Presented by Axial Financial Group This entry was posted on Mar 5, 2024 February was a good month for stocks, with most markets up in the low- to mid-single digits on positive economic and earnings news. The riskiest indices, the...

Market Update—Week of March 4, 2024 Presented by Axial Financial Group The rally in artificial intelligence (AI) continued last week as Dell posted strong earnings as demand for its AI servers rose. Bond investors bought between 2-year and 10-year maturities as the...

Practical insights from Marc Milstein, neuroscience researcher The costs associated with an unhealthy brain can be significant. For example, the lifetime cost for someone with dementia is nearly $400,000. From both a financial and quality-of-life perspective, it makes...

Market Update—Week of February 20, 2024Presented by Axial Financial Group   Consumer and producer prices were higher than anticipated this week. As a result, equity investors focused on moving toward companies that have historically generated more of their...

  There's Still Time to Fund an IRA for 2023 The tax filing deadline is fast approaching, which means time is running out to fund an IRA for 2023. If you had earned income last year, you may be able to contribute up to $6,500 for 2023 ($7,500 for those age 50 or...

Market Update—Week of February 12, 2024 Presented by Axial Financial Group   Consumer credit was weaker than expected. Large technology names such as Nvidia and Alphabet continued to lift equity markets. Economic data showed signs of softening. Quick Hits Report...

Market Thoughts for February 2024 [Video] Posted by Brad McMillan, CFA®, CFP® This entry was posted on Feb 2, 2024   The U.S. stock market reported lower-single-digit gains in January, while international and emerging markets lagged behind. The economy performed...

Written by a turboTax Expert, Reviewed by a TurboTax CPA, December 27, 2023 Updated for Tax Year 2023 Don't overpay taxes by overlooking these tax deductions. See the 10 most common deductions taxpayers miss on their tax returns so you can keep more money in your...

  What a difference a year makes. At the start of 2023, market pessimism was widespread, investors braced for a recession, and many expected another down year in stocks. Instead, the economy proved remarkably resilient, inflation declined at a rapid pace, and...

Market Update—Week of January 16, 2024Presented by Axial Financial Group Quick Hits Report releases: Headline consumer inflation accelerated in December, but core inflation slowed on a year-over-year basis.2. Financial market data: Short-to intermediate term...

Market Update—Week of January 8, 2024Presented by Axial Financial Group Quick Hits   Report releases: Hiring accelerated in December; 216,000 jobs were added during the month.2. Financial market data: Apple was downgraded twice as analysts see potential headwinds...

Market Thoughts for January 2024 [Video] Posted by Brad McMillan, CFA®, CFP® This entry was posted on Jan 3, 2024 12:13:14 PM   Markets around the world were up from 3 percent to 6 percent last month and up by double digits across the board for the year. The lack...

Market Update—Week of January 2, 2024Presented by Axial Financial Group Quick Hits   Report releases: There were no major data releases during the holiday-shortened week.2. Financial market data: International stocks led the way as China continued to try to stimulate...

Market Update—Week of December 26, 2023Presented by Axial Financial Group   Quick Hits Report releases: Consumer confidence continued to improve as personal incomes rose for the 22nd consecutive month. Financial market data: Small-caps continued their recent...