The S&P 500 is down about 8% already this month. Many other quality investments are down even more than that. I thought it would be appropriate to reach out to everyone and attempt to cut through some of the noise you may be hearing from the media.
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First Quarter 2016 Commentary
The two recent economic events getting credit for the horrible start to 2016 consist of the market sell off in China and the precipitous drop in oil prices. China’s supposedly failing economy isn’t actually failing, it’s just slowing down a bit, which is to be expected after several years of high growth.
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Looks like social security recipients are not getting a raise for 2016 and are actually going to loose money!
The linked article gives a pretty good description of why social security recipients will not get a raise in 2016 because inflation has been minimal. Most will additionally have a substantial increase in the cost of their Medicare premiums. See the article for more information.
Personal Choice Financial Advisors Win Five Star Wealth Advisor Awards, Again
Thanks to our clients, both John Britton and Chris Hansen, CFP® have been named Cincinnati Magazine Five Star Advisors for the seventh eighth year in a row.
Welcome to Personal Choice Financial Blog
Welcome! This blog is for people who have retirement questions. When people seek retirement advice, they often find misinformation and misaligned interests from financial advisors. Here we will publish data-based content so you can make informed decisions about your retirement.
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