In a year like 2022, where there's been virtually nothing positive to talk about from an investing perspective, we try to make the best of a bad situation. One silver lining in a down market is the potential for tax-loss harvesting.
The Social Security Administration recently announced that benefits for retirees will increase by 8.7% beginning in 2023. This is the largest single year COLA increase in over 40 years.
The year 2022 is shaping up to be one for the record books, and unfortunately not in a good way. But all is not lost, and we're going to discuss how to keep bear markets in perspective.
Yesterday was a brutal day for stocks and bonds. The upside to challenging market environments like these is that they remind us that holding the line and staying invested are critical to long-term investment success.
The market recovery has hit a bump due to uncertainty around interest rates and the Fed. Rates have driven markets all year with significant impacts on stock and bond prices, economic growth, the housing market, and more.
Despite the first two quarters of 2022 bringing the worst US bond market returns since 1980, July delivered a positive beginning for bonds in the third quarter.
Social Security Announces Large COLA Increase for 2023