Despite a recent rally, market analysts are advising caution. The rise appears to be more driven by consumers than manufacturers, as Liz Ann Sonders and her Schwab team explain. Being wealthy may have more to do with your habits than your talents. That’s what Thomas C. Corley discovered after interviewing over 200 millionaires. Business Insider summarizes their profiles. Will you be disappointed by your insurance policies? Bill Boersma reveals why insurance buyers may overestimate the returns they’ll receive.

Confusion Or Conviction In The Markets? — U.S. stocks have broken out of their recent trading range and moved closer to all-time highs as trade tensions have marginally subsided and the European Central Bank (ECB) has engaged in further easing. However, persistent economic and trade uncertainties have not dissipated. Read more…

9 Facts That Will Make You Think Differently About Wealth — Corley interviewed 233 people with at least $160,000 in annual gross income and $3.2 million in net assets, 177 of whom were self-made.He found that most people who became wealthy didn’t have special talents, fancy job titles, high salaries, or excessive material possessions. What they had were the right habits. Read more… 

Life Insurance: Told  vs. Sold — What insurance policy owners are buying isn’t always actually what they think they’re buying. Insurance consultant Bill Boersma shows how the means of calculating projected returns can be confusing at best. Read more…

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

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