What an unforgettable moment and memory! Last week, @MasonClarkPFG and I had the incredible opportunity of participating in the Opening Bell Ceremony at the New York Stock Exchange (@NYSE). The history of Wall Street combined with the energy on the trading floor created a truly exhilarating and once in a lifetime experience for us.
Thank you to Jordan Juenemann and those at First Eagle for the incredible opportunity!
The deadline to add contributions to your IRA for the -2022 tax year- is one week away! Get your contributions in by April 18th, 2023. IRA contribution limits for 2022 are $6,000 or $7,000 for people ages 50 and up. #taxseason#wealthmanagement#retirementplanning
If you are a golf fanatic like me, you've been waiting for Masters Week all year long. The Masters Tournament starts this Thursday and will conclude Sunday. Will @McIlroyRory complete the career grand slam and put on the green jacket? #golf#masters
You can gain key money skills at any age. Make a commitment to learn more about personal finances during #FinancialLiteracyMonth starting in April.
Reach out to myself and/or our team -> @PFGKC with any thoughts or questions you may have!
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Stocks have averaged 3 pullbacks of 5-10% per year. Since 1980 the S&P 500 experienced 25 corrections of more than 10%, and it has historically recovered. The average return following the lows of a correction exceed 23%. Stay patient and position yourself for long-term success.
Please join us for a very special 4th Quarter Market Outlook as Don Clark discusses what is driving the market and economy with LPL Financial's Chief Global Strategist, Dr. Quincy Krosby! RSVP for our event by clicking the link here: https://t.co/BzJt2C0LzX
Please join us for a very special 4th Quarter Market Outlook as Don Clark discusses what is driving the market and economy with LPL Financial's Chief Market Strategist, Dr. Quincy Krosby! RSVP for our event by clicking the link here: https://t.co/MeAOCscSpS
Mortgage rates topped 6% this week, up from 2.86% a year ago. The jump in mortgage rates is one of the most pronounced effects of the Feds campaign to curb inflation by lifting the cost of borrowing. Are you considering renting or renovating your home due to current conditions?
The major news outlets are comparing 2022 market performance to 1970 as both were down -21% in the first half, but they forgot to mention in 1970 the S&P 500 rallied in the 2nd half +27%. The news sells Fear and nobody has a crystal ball of what the future will hold. #LPLResearch
Memorial Day has always been the mark of summer for most, but for our team it’s different. Please take 2 minutes to watch this video in dedication to Abby Knapp our former team member and her husband on what ultimate sacrifice truly means.
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The S&P 500 Index closed lower for the sixth consecutive week last week. The good news is if the six week losing streak was down double digits or more, the return 12-months later was historically quite strong, up 18.2% on average with a median return of 29.2%. #PFGKC@LPLResearch
Happy Friday! We are thrilled to announce that our very own @DonClarkPFG has been named one of Forbes 2022 Best-In-State Wealth Advisors! This could not have been achieved without support from our amazing clients. Please join us in congratulating Don!
We recognize this selloff may have further to go in the short term, but it’s worth noting that the average S&P gain over the next 12 months after a 10-15% selloff has been 22% historically, with gains in 12 of 13 periods back to 1980. As of Friday, the current selloff was 14%.
The S&P 500 has corrected 13.0% this year.
The average year since 1980 has corrected 14.0%
Then note:
1.) 21 yrs since 1980 have pulled back at least 10%
2.) 12 of those times stocks came back and finished the yr higher
3.) In fact, up 17% on avg at end of yr those 12 times
@PFGKC@DonClarkPFG I'm proud to be a @UnivOfKansas Alumni like both of my parents. Couldn't have done it without their support. Join us tonight by cheering on our @KUHoops Team. Go Jayhawks! #RCJH
Join @DonClarkPFG and @MasonClarkPFG, both KU Alumni, by cheering on the KU Jayhawks Basketball team as they take on UNC in the NCAA National Championship game tonight!