How will the cat and mouse game between the US and North Korea affect stocks? It may certainly lead to increased volatility. Liz Ann Sonders of Schwab offers a detailed look at the forces that will influence the markets this fall. Retirement presents a number of financial challenges for most couples, but you can smooth the way by having five money conversations with your spouse now. Dan Rafter delivers a guide to these for WiseBread. If you’re wondering whether you’re getting your money’s worth from your financial advisor, Paul V. Sydlansky describes three fee models to help you evaluate their charges.
A Cat And Mouse Fall– While the hurricanes haven’t had a major impact on the broader market, the continued cat and mouse game between North Korea and the United States has been a source of increased volatility. Risk aversion appears to rise every time the nation conducts a nuclear weapons test; before again settling down as investors place their faith in the hopes that cooler heads will prevail. Liz Ann Sonders and her team at Schwab believe the odds of a full-scale military conflict are low and recommend that investors remain disciplined around their long-term asset allocations. In addition, seasonal tendencies are ostensibly not in the market’s favor, with September having historically been the worst month on average for U.S. stocks, with an average return of -0.5% since 1950. Read more…
5 Money Conversations Couples Should Have Before Retirement – Retirement for you and your spouse is just a few years away. Maybe you’re both eagerly awaiting the days when you no longer must commute to work, sit in long meetings and turn in reports. But retirement does come with its own challenges, many of them financial. It’s important for spouses to have the same expectations of what their retirement years will look like. And it’s equally important for each spouse to understand where their income will be coming from and how much money there will be. This article discusses five key conversations that couples must have before retirement arrives. Read more…
Your Financial Adviser Charges What? Understand The Value Of Advice– Here’s a breakdown of how compensation for financial advice works, and what kinds of services you can expect to receive for the price you pay. Read more…
John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller
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