Echelon Family Office
Four of the stocks in the S&P 500 literally doubled in value this year. On the final day of 2019, these have been the best-performing stocks in the S&P for the year: Advanced Micro Devices: up 150 percent Lam Research: up 120 percent KLA Corp.: up 104 percent Target: up 102 percent Chipotle: up 94 […]
Do you know what National Returns Day is? It’s a fairly new “holiday,” taking place each year on January 2. And for the seventh straight year, it’s going to be a record setter. United Parcel Service said last week that it forecasts a record National Returns Day, with 1.9 million returns expected. That will be […]
What has happened to retirement in America over the past decade? To a certain extent, it has become a tale of two very different realities. Remember, in 2010, the economy was just beginning to recover from the worst recession and financial crisis in recent memory, and millions of workers were worried that their retirement plans […]
It’s always a little unfair to list the worst stocks over any long period of time, since the absolute worst ones will have gone out of business long before the time frame ends. Nevertheless, here are the worst-performing S&P 500 stocks from the decade of the teens, counting only those that are still around to […]
Christmas is a season for kindling the fire for hospitality in the hall, the genial flame of charity in the heart. ~ Washington Irving The thing about Christmas is that it almost doesn’t matter what mood you’re in or what kind of a year you’ve had – it’s a fresh start. ~ Kelly Clarkson Before we took […]
It has been a notably strong year for U.S. equity markets, with the S&P 500 boasting a gain of 28.5 percent, while the Dow Jones Industrial Average is up 22 percent in 2019. The Nasdaq exceeds them both, with a gain of 34.5 percent. That performance has some wondering if we’re due for a bounceback, […]
We’re approaching not just the end of the year but the end of the decade. According to Bespoke Investments, these are the ten stocks that have been listed in the S&P 1500 for the entire decade that have returned the most (through December 17): Patrick Industries, up 4,622 percent Netflix, up 3,909 percent Domino’s Pizza, […]
Did you get a raise in 2019? An estimated half of U.S. workers say they didn’t get a raise in the past year, a new Bankrate survey shows. But even that’s an improvement over the previous year’s figure of 62 percent. Some 49 percent of workers reported having received a pay increase in some form, […]
Earlier this week, the House passed a $1.4 trillion spending bill that includes the bipartisan SECURE Act, which aims to increase the ranks of retirement savers and the amount they put away. The measure now will head to the Senate, where approval is expected this week before lawmakers head home for the holiday recess. If […]
While 2019 isn’t quite over yet, is it possible the first 11 months of this year bode well for next year? The markets soared heading into the final month of the year, with the S&P 500 gaining over 25 percent through the end of November. History shows that as a promising sign for next year. […]
What’s happening to car loans in America? A Federal Reserve Bank of New York survey of consumer credit out this week showed a spike in the rate of auto-loan rejections, to 8.1 percent in October from 4.5 percent last October. For the full year, the average rate of car-loan rejections was 7.1 percent, up from […]
It will come as no surprise that health concerns weigh on Americans across the wealth spectrum, millionaires included. Fidelity Investments’ most recent Millionaire Outlook Study, which analyzed the investing attitudes and behaviors of some 2,000 households, found that concerns about health were the main source of stress for both millionaires and their less-wealthy counterparts. More […]