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As of the time this article is being written, October has shaped up to be another stellar month for the stock market. Going back to the lows in March of last year, the S&P 500 has more than doubled, pretty much erasing the horrific experience of one of the most acute declines in history from investors’ memories. Chalk it up as just another near miss, shot across the bow, or tremor before the ever-so-elusive big quake. As the frequency of these temporary market declines increases, investors seem to grow more and more complacent and take bigger and bigger risks; after…

With the Federal Reserve keeping interest rates at zero and Fed Chairman Powell saying last month that the Fed “is not even thinking about thinking about raising rates”, interest on your cash reserves is very hard to come by. Also, as we’ve talked about in prior Cadence Clips pieces, inflation has been gaining steam, which further erodes the purchasing power of your cash. So, what is one solution if you want to keep a cash reserve but also earn some interest without any downside risk to your principal? CDs used to be an answer, but as of the writing of…

As summer ends and fall begins, another seasonal event is about to happen: workplace open enrollment. If your employer offers benefits, now is a good time to reexamine your options and coverages to see if you should make any changes before enrolling for your 2022 plan year. Not all employers have their open enrollments in the fall, but this is still a good time to evaluate what is on offer so you’ll be ready when the time comes. And of course, at Cadence we’re available to help you navigate through your options. Health Insurance Plans Even if you plan to…

When people feel like they have a lot of control over their lives, uncertainty is a mild irritant at worst, and a fun challenge at best.  The uncertainty of what you’re going to do when you wake up in an exotic hotel and your vacation day is completely unplanned is one of life’s joys.  However, the uncertainty of what you would do if you lost your income, or someone got sick, or your expenses suddenly increased is one of life’s great anxiety-inducers.  The global pandemic has both made us more aware of the uncertainties that are always present, as well…

If there’s one thing that most people would agree on, it’s that having an economy that benefits both the worker and the business owner is a good thing – the best of both worlds. There is opportunity for those who want to risk their capital in pursuit of greater financial success as well as for those who want to earn a good living with the security of a steady job. Unfortunately, this ideal balance between capital and labor proves elusive. Without going into a long white paper as to why this is the case, we’ll simplify by saying that when…

“The Simpsons” debuted on Fox on December 17th, 1989.  At that time the patriarch of the family, Homer, was 34 years old, putting him solidly in the middle of the Baby Boom generation.  His wife, Marge, also a Baby Boomer, stayed home to manage a household of three children, a dog, and a cat, while Homer reported to work (most days) at Springfield’s nuclear power plant.  At that time in 1989, a blue collar worker and a stay at home spouse raising three children was not particularly unusual as one-income families could own their own home, feed their growing families,…

It’s a pretty common occurrence to hear someone has had their identity stolen, or credit cards duplicated, or bank account compromised.  Despite the security industry’s best efforts, there are still weak links in the chain when it comes to our financial information and access.  The best time to add additional security to your online or phone access is BEFORE someone tries to log in or call in as you.  Because Cadence Wealth custodies most of its client assets at Charles Schwab, we are able to pass along the various ways to increase the security on Schwab accounts, but we encourage…