Monday, April 2, 2012

March 2012 Market and Planning Update

During the time period we all affectionately call “tax time” there are many important decisions related to one’s finances. Some of these decisions must still be made for the previous year (like whether to contribute to an IRA and what type) yet so many more deal with the year ahead. It is critical that all options be evaluated and that no stone go unturned. READ MORE

We saw many market indexes take a breather during March from their robust gains of the past several months. Out of the five financial market indices represented below, the S&P 500 index was the only one to post a positive gain this past month. It is noteworthy that the S&P 500’s gain of 12.6% for the first quarter of 2012 is its best first quarter return since 1998. Stock prices have appreciated significantly in a relatively short period of time thanks to continued easy money policies by central banks, healthy corporate balance sheets and better earnings, and a gradually improving economic picture. Only time will tell if the recent rally in stock prices has run its course. READ MORE