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News by the Numbers

Five noteworthy figures from the previous week 2.00-2.25% The new target range for the federal funds rate. The Federal Reserve raised interest rates by a quarter point last week, making its third rate move of 2018. The announcement was notable for another reason: the word “accommodative” was absent from the central bank’s latest policy statement.

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When Is Social Security Income Taxable?

To find out, look closely at two factors. Provided by Kenneth Hagel Your Social Security income could be taxed. That may seem unfair or unfathomable. Regardless of how you feel about it, it is a possibility. Seniors have had to contend with this possibility since 1984. Social Security benefits became taxable above a certain yearly

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Why Having a Financial Professional Matters

A good professional provides important guidance and insight through the years. Provided by Kenneth Hagel What kind of role can a financial professional play for an investor? The answer: a very important one. While the value of such a relationship is hard to quantify, the intangible benefits may be significant and long lasting. A good

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Cybercurrencies: A Risky Choice in 2018

This year, we have seen the downside of bitcoin & other altcoins. Provided by Kenneth Hagel Bitcoin. Ethereum. Litecoin. Ripple. Ether. As 2017 ended, the prices of these cybercurrencies were soaring. In early 2018, they have plummeted. Opportunistic investors have been left to wonder: Are these digital currencies really the next big thing, or the

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The Dow Dropped. Do Not Drop Out of the Market

Last Monday’s plunge was hardly the disaster that some media outlets claimed. Provided by Kenneth Hagel On February 5, the Dow Jones Industrial Average took an unprecedented fall. The benchmark dropped 1,175 points, and it was down 1,500 points at one moment during the trading day.1,2 Monday’s Dow loss was severe, but not as catastrophic

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How the Tax Reforms Will Take Effect

Some of the impact of the Tax Cuts & Jobs Act will be felt later than January 1. Provided by Kenneth Hagel President Donald Trump signed the Tax Cuts & Jobs Act into law on December 22, and on January 1, some key details of the Internal Revenue Code will abruptly change.1 There will be

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Weekly Economic Update

Kenneth Hagel Presents: WEEKLY QUOTE “Young is the one that plunges into the future and never looks back.” Milan Kundera WEEKLY TIP If you are trying to rebuild or ramp up your retirement savings in your forties or fifties, avoid grasping at straws. Extremely speculative, high-risk investments are often hard to understand and may drastically

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Weekly Economic Update July 11, 2016

WEEKLY QUOTE   “Set up as an ideal the facing of reality as honestly and as cheerfully as possible.”      – Karl Menninger   WEEKLY TIP   Credit reporting agencies may lower your credit score if you rely heavily on installment-type accounts or loans linked to appliance or home goods retailers, or unsecured personal loans from consumer

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Weekly Economic Update June 27, 2016

WEEKLY QUOTE “Next to trying and winning, the best thing is trying and failing.” – L.M. Montgomery   WEEKLY TIP Will you soon be using a credit card outside the U.S.? Call the card issuer before your trip, and let your bank know the exact countries and territories you will be visiting. Otherwise, you may run the

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Retirement Now vs Retirement Then

Retirement Now vs. Retirement Then Today’s retirees must be more self-reliant than their predecessors. Provided by Kenneth Hagel Decades ago, retirement was fairly predictable: Social Security and a pension provided much of your income, you moved to the Sun Belt, played tennis or golf, and you lived to age 70 or 75. To varying degrees,

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