Stay up to date with the latest personal finance developments, financial planning advice, investment news and retirement planning tips from our team of certified financial planners and experienced wealth advisors here in New York City.
Whether a family works with a financial planner or wealth advisor or manages their investments directly, everyone can benefit from purpose-based asset allocation. With purpose-based asset allocation, we avoid holding our financial assets in a single account but rather invest our assets while taking multiple needs into consideration.
Read MoreDavid Edwards, President and Wealth Advisor and Buff Parham of Parham Associates presented a webinar Sunday, December 19th at 6PM EST.
Read MoreDavid Edwards and Buff Parham presented a 30 minute overview of development over the past year in Economics and the Pandemic, and made projections about Stocks, Interest Rates, and Politics for the year to come.
Read MoreIf you own a business and have not yet applied for a PPP loan, here is some useful information:
Through the SBA’s Paycheck Protection Program, small businesses can apply for PPP loans to help with payroll and other eligible expenses.
Funds are still available.
Read MoreFor the past several months, US stocks whipsawed with each presidential tweet about whether Trump is adding tariffs or suspending tariffs, talking to the Chinese or ordering US companies out of China. We’ve seen some days where the Dow fell over 800 points, which once upon a time was a big deal, but amounts to a decline of only 3% in a year when the S&P 500 is up 20.6%. When the Dow fell 508 points in October 1987, that was a decline of 22.6% in a day!
Read MoreIn June, US stocks reversed May’s 6.4% decline and rallied 7% to new all time highs, with the S&P 500 up 18.5% on the year. Half the gain is a reversal of the 5.0% decline in 2018, while the rest is a full year’s gain delivered in 6 months.
David Edwards appeared on a panel discussion recently to discuss his outlook for the rest of the year.
If you have a college bound high school senior in the house, here are some useful tips you should know about filling out the FAFSA form. The application for the 2019-2020 school year is now available as of October 1st. You can also use this estimating tool to get a sense of options without filling out the complete form.
Read MoreWe often talk about stock market indicators in terms of green light, yellow light and red light. Are earnings forecasts green, yellow or red? Are bond yield trends green, yellow or red? Are government policies green, yellow or red?
Read MoreQuestion: I have a one year old child. Is it too early to start a portfolio for my child, and would it be better to start off with a stock or a bond?
Read MoreQuestion: To find the price-earnings ratio of a stock, I divide the current stock price with the last four quarters of earnings. If the current list price is higher than the number I get when I calculate the P/E ratio, what does that mean? Is the stock overvalued?
Read MoreQuestion: My mother passed away a few weeks ago. She left five heirs who want to assure that their inheritance is not going to be subject to market risk before it is distributed. I told her advisor to liquidate most of her portfolio but he said the brokerage firm has frozen the account. What can be done?
Read MoreQuestion: My mom recently passed away. She left myself and my siblings equal distributions from her brokerage accounts. Her financial advisor wants each of us to provide a detailed accounting of our current, personal investment accounts. He cites the need to comply with the Patriot Act. Does the Patriot Act require this?
Read MoreNot every investor is as savvy as they could be. Financial education is not taught in high school. In fact, it’s only taught to college students who proactively seek out to learn about this topic. A lack of knowledge can hurt your portfolio so read on for 5 key finance concepts you must know as a savvy investor.
Read MoreRead David Edwards' most recent market commentary in which he explains how arbitrary steel tariffs hurt the US economy and why the financial markets are in turmoil as a result.
Read MoreQuestion: I am a stay at home mom. Me and my husband have six children. My husband has a great job. However, I would like to generate some income without having to work outside the home. I have been learning about trading, I want to invest in the stock market. What is the best place to start?
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