You have no doubt heard the latest financial news about the economy slowing. You may also know that Standard and Poor's downgraded the credit rating of the U.S. What are the real implications of these events for your investments? Is there any action you should take?
Insight and Events
Seth Meisler CFA, CPA/PFS
In June, Steve and I had a chance to spend 12 days in China traveling to Beijing, Guilin and Shanghai as part of a Financial Planning Association® delegation organized by the People to People Ambassador Program. Our group included 44 ambassador delegates from around the U.S.
By Sue Stevens
Investing today is harder than it’s ever been before. Cash is returning almost nothing. Bonds are poised to decline when interest rates rise. Stocks are unpredictable and prone to unexpected “fat tail” risks. So watch out for these pitfalls as you invest your hard-earned money.
Federal Debt Limit
A political battle is being waged over whether or not to raise the debt ceiling. The debt ceiling is the limit for how much the federal government can borrow. The deadline for an agreement is August 2nd and a compromise is uncertain, at this time.
Steve Lear Advises Students on Financial Lessons
To show you our connection to the wider community, we are including a picture section spotlighting Affiance Financial "out and about." Being part of the Affiance family means you're part of an organization that cares about the community and about keeping you up-to-date with ideas from the best and brightest.
Commentary on current events and trends affecting investing
The first quarter in 2011 has seen multiple major world events that clearly affect our outlook for investing.
We all know we won't live forever. But too often, we don't take the time to plan for the inevitable or communicate our wishes in advance. Recently, Affiance has experienced the loss of both family members and clients. We've seen the benefits for those who were well-prepared and for whom we were fortunate to have assisted with planning.
Check back soon for upcoming events