Economic and Investment News Bits New home sales surged 18% in August to a much higher-than-expected annual rate of 504,000. The Econoday forecast was 465,000. Also last week, the government issued its revised GDP numbers for the second quarter of 2014, showing the economy grew at an annual rate of 4.6%. The Fed tapered monthly…
Economic and Investment News Bits Investing in U.S. Energy Independence will be the topic of PDS Planning’s next client education event on Wednesday, November 5. Troy Shaver, from Dividend Assets Capital LLC, who also manages the Goldman Sachs Rising Dividend Growth Fund, is our featured speaker for the evening. Troy has more than 30 years…
Economic and Investment News Bits Scotland separating from England cannot be minimized. If that centuries-old union can be revised, then anything can be revised. If Scotland has the right to be its own state and no longer choose to be in union, why shouldn’t others in Europe or America enjoy the same right? For example,…
Economic and Investment News Bits Retirees considering a big move after they stop working have a lot to consider. According to WalletHub, there are a number of cities that rank near the bottom when considering five categories of retirement living: affordability, activities, quality of life, health care, and jobs. Cities with the worst rankings were…
September 2014 Financial Markets Summary Traveling to other countries, even just across the border to Canada, is always a learning experience. The first thing is to remember the conversion rules for miles to kilometers. Nothing like getting stopped for speeding and finding out that 60 km is only about 35 mph, not 60 mph. Then…
August 2014 Financial Markets Summary There is no question that the markets ended July with a thud. As if there were some triple-witching spell going on, Argentina’s default on its government bonds, bad news from Portugal’s largest bank, and warnings from companies who are closing or reducing operations in Russia, combined to grease the skids…
