Blog

The Fiduciary Standard

Monday, November 7, 2016

The Department of Labor is introducing a new rule regarding retirement plan accounts, which will be phased in during 2017 and fully implemented by 2018. Under the new rule, financial professionals who consult retirement savers will be held to a fiduciary standard. In other words, they will have an ethical and legal obligation to always […]

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How Will the Market Respond to the Presidential Election?

Monday, October 31, 2016

What will happen on Wall Street after November 8? Trying to predict which way the market will go is difficult, even when it comes to a single trading session. Investors may take some cues from the result of the presidential election and push stocks in one direction or another. Could there be a market shock? […]

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A Small Change to Social Security in 2017 with a Possible Medicare Premium Hike

Monday, October 24, 2016

The average Social Security recipient will receive a whopping $5 per month raise next year. In 2017, Social Security’s mean monthly benefit is projected to rise, from the current $1,355, by this scant amount because of low yearly inflation measured by the federal government. Social Security cost-of-living adjustments (COLAs) are tied to changes in the […]

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Now is the Time to Buy an English Pub

Friday, October 21, 2016

The British pound has had a rough couple of weeks on world markets, losing more than 4% of its value against the dollar in one week and continuing the slide before reaching a 31-year low against the dollar. Part of the problem was a mysterious “flash crash” that sent the pound down more than six […]

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Montgomery County Council is Considering Increasing the Hourly Minimum Wage to $15.00

Thursday, October 13, 2016

Montgomery County’s rapid growth has declined relative to our neighboring counties, and residents of the county have noticed an impact on our community. Our business community is also affected as it employs people, pays taxes and funds our schools. Indeed, to have a strong community in which to live and work, we need to have […]

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