June Newlsetter
June 8th, 2018 by Jeran Van Alfen, CFP®Summer is here! If your household is like mine, I am sure that the calendar is filling up quickly with Summer activities to enjoy now that the kids are out of school! As you plan to have fun with your children or grandchildren, don’t forget to consider planning for the future. Below you will see a link to a
Unemployment is Low, Really Low
June 8th, 2018 by Tanner WrisleyEconomic health is an extremely important factor with regards to financial markets and portfolio performance, this is no secret. So what is going on in the economy now? Not unemployment! The unemployment rate was calculated at 3.8% at the end of May, the lowest it has been since the 1970s. Since October of 2009, unemployment has been on a steady
Markets Working on Lateral Movement
May 4th, 2018 by Tanner WrisleyOn January 26th of this year, the S&P 500 hit an all-time high of 2,872.87. We have since come down from there with the market trading in a range from around 2,600-2,800. Leading up to the end of January, the equity market had risen about 52% in almost two years, while maintaining record low volatility. Before that were seven more
Choosing the Right Credit Card
May 4th, 2018 by Jeran Van Alfen, CFP®Do you have a balance on a credit card that is aggravating you? You are not alone. The U.S. as a whole is faced with a huge stockpile of credit card debt. As of 2017, the average balance for every household utilizing a credit card was $15,983[1]. With credit being so accessible and our increasing appetite as consumers, it is
April Newsletter
April 9th, 2018 by Jeran Van Alfen, CFP®It’s April which means Spring has arrived and the flower fields are in full bloom here in Carlsbad. It’s a great time of year and here by the beach many people are becoming more active as the daylight gets longer. This includes Anchor Bay as last weekend our team had a great time running in the Del Mar Mud Run. This
The Bridge between Policy and Stock Prices: Understanding the economic factor
April 9th, 2018 by Tanner WrisleySince the last election, the Trump Administration’s actions have moved the stock market up and down many times. This is a result common amongst any major governmental policy. But what are the economics behind these moves? I believe many individuals, investors, and media outlets look right past the bridge between policy and the stock prices. Economics drive the markets that
How to Fix Your Overspending Habit
March 30th, 2018 by Jeran Van Alfen, CFP®Are you trapped in a cycle of overspending? Have you developed an addiction to buying on credit that you cannot seem to break even though you are filled with guilt and regret each time you see your statement? On top of it all, do you find it impossible to save for retirement or a rainy day? Overspending has become a
Stock Market Update 3/22/2018
March 22nd, 2018 by Anchor Bay Capital's Investment TeamThe stock market ended down today with the Dow Jones falling 2.9% and the S&P 500 down 2.5%. These movements were largely in response to President Trump directing the Office of the U.S. Trade Representative to enact as much as $60 billion in new tariffs against China as a retaliation against unfair trade practices including intellectual property theft. These market
Personal cash flow statement- What it is and why you need one
March 16th, 2018 by Jeran Van Alfen, CFP®Do you know where all of your money goes? Do you wonder why as soon as you get paid, the money just seems to disappear leaving you broke until the next paycheck? And what about saving for the future, or do you plan on working for the rest of your life? Any successful business has a budget and so should
May Newsletter
May 4th, 2018 by Jeran Van Alfen, CFP®It’s May which means most of us are busy with Spring cleaning projects or end of the school year activities. It is definitely a busy time of the year and it is no different here at Anchor Bay. This month there are several items that we want you to be aware of. Please read on to get up to date