Weekly Economic Update: August 30th, 2021

Presented by Nicholas Wealth Management August 30th , 2021   Weekly Market Update In this week’s recap: Federal Reserve says tapering likely in 2021, but no interest rate hikes for now. The stock market powered to record levels last week amid talk of Fed tapering and a deceleration in new Delta variant cases. The Dow Jones…

Read More

Weekly Economic Update: August 23rd, 2021

Presented by Nicholas Wealth Management August 23rd , 2021   Weekly Market Update In this week’s recap: A Fed taper may loom; economic data mixed. Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones…

Read More

Weekly Economic Update: Stocks Rise on Strong Jobs

Presented by Nicholas Wealth Management August 11th , 2021   Weekly Market Update In this week’s recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports. Overcoming jitters about the Delta variant and the reintroduction of mask requirements, stocks climbed higher on strong employment data and a fresh batch of strong corporate…

Read More

Be Part of the 4% When it Comes to Social Security

According to a recent study, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household.[1] There are many things to consider when choosing how to claim your benefit, and there’s no one-size-fits-all formula for maximizing it. Consider your unique situation and read these tips…

Read More

Don’t Forget About These Big Retirement Expenses

The rule of thumb says you’ll need about 80% of your pre-retirement income in retirement, but everyone is different. Many retirees want to upgrade their lifestyle in retirement or maintain their current lifestyle. In fact, a recent study shows that about one in three retirees actually spent more than they expected they would when they…

Read More

Weekly Economic Update: Delta Concerns and Lower GDP

Presented by Nicholas Wealth Management August 2nd , 2021 Weekly Market Update In this week’s recap: Stocks open week on big highs, but end with small losses due to Delta concerns and a lower GDP. The Week on Wall Street The stock market posted small losses last week despite a very strong showing by corporate…

Read More