Steve Grogan, CFP® Steve Grogan, CFP®

Should You Save for Retirement or for a Child’s College Education?

For parents, deciding how much to save for retirement versus what to set aside for a child’s education can be a difficult balancing act. Saving for your future should be a priority, particularly through maximizing the benefits of retirement plans. But, although paying yourself first is essential, that doesn’t mean you can’t set funds aside to further a child’s education.

Read More
Steve Grogan, CFP® Steve Grogan, CFP®

Market Update for the Month Ending April 30, 2020

Equity markets saw a swift recovery in April, as progress toward slowing the spread of the coronavirus gave investors hope. The S&P 500 rose by 12.82 percent, marking the best monthly gain since 1987. The Dow Jones Industrial Average (DJIA) gained 11.22 percent, and the Nasdaq Composite gained 15.49 percent.

Read More
Steve Grogan, CFP® Steve Grogan, CFP®

Is the Bear Market Here to Stay?

Where do we go from here? Are things going to keep getting worse? If so, how much worse? And is there any reason to believe we may be close to a bottom?  

Read More
Steve Grogan, CFP® Steve Grogan, CFP®

Market Update for the Month Ending February 29, 2020

February was a tough month for markets, as investors were spooked by news about the spread of the coronavirus. The S&P 500 fell by 8.23 percent, the Dow Jones Industrial Average (DJIA) dropped by 9.75 percent, and the Nasdaq Composite lost 6.27 percent.

Read More
Steve Grogan, CFP® Steve Grogan, CFP®

Market Update for the Month Ending January 31, 2020

January was a mixed month for markets. Both the S&P 500 and the Dow Jones Industrial Average declined, falling 0.04 percent and 0.89 percent, respectively. The Nasdaq Composite also saw some late-month volatility, but previous gains were strong enough to leave the index up 2.03 percent.

Read More