Weekly Market Recap – January 9, 2023
The Markets (as of market close January 6, 2023) Last Friday’s rally helped drive stocks higher to end the first full week of January. Investors apparently saw a deceleration in November and December average hourly earnings (see jobs report below) as a sign that the aggressive monetary policy followed by the Federal Reserve may actually […]
SECURE Act 2.0: What You Need to Know
Here is an update on some significant changes designed to help Americans save more for retirement. You may have heard of the SECURE Act 2.0, which Congress passed as part of a larger federal spending bill last week.1 This legislation builds upon the 2019 Setting Every Community Up for Retirement Enhancement Act and includes several provisions […]
Five Most Overlooked Tax Deductions
Who among us wants to pay the IRS more taxes than we have to? While few may raise their hands, Americans regularly overpay because they fail to take tax deductions for which they are eligible. Let’s take a quick look at the five most overlooked opportunities to manage your tax bill. 1. TheBalance.com, 20212. IRS.gov, […]
Weekly Market Recap – December 12, 2022
The Markets (as of market close December 9, 2022) Stocks couldn’t maintain momentum from the previous two weeks, ultimately closing last week in the red. The small caps of the Russell 2000 gave back over 5.0%, while the Nasdaq dropped 4.0%. The S&P 500 fell 3.4%, the Dow declined 2.8%, and the Global Dow dipped […]
How Women Can Prepare for Retirement
When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. The Social Security Administration (SSA) estimates that today’s average 65-year-old woman will live to age 86½. Given these projections, it appears that a retirement of 20 years or longer might be in your […]
College Cost Data for 2022-2023 School Year
Every year, the College Board releases new college cost data and trends in its annual report. The figures published are average cost figures based on a survey of approximately 4,000 colleges across the country. Over the past 20 years, the average price for tuition, fees, and room and board has increased 46% at public colleges […]
Azzad Portfolios Recognized as ‘Top Guns’ by Informa Investment Solutions
FOR IMMEDIATE RELEASE Azzad Portfolios Recognized as ‘Top Guns’ by Informa Investment Solutions Five strategies excel across multiple categories and reporting periods Falls Church, Va., 11/30/22– Azzad Asset Management announced today that five of its investment strategies have again been awarded ‘Top Guns’ designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running […]
Weekly Market Recap – November 28, 2022
Wall Street ended the Thanksgiving week ahead of where it began, as each of the benchmark indexes listed here posted solid gains during a week of light trading. The Global Dow led the indexes, followed by the Dow, the S&P 500, the Russell 2000, and the Nasdaq. Stocks have been rallying since October and the […]
Planning Opportunities to Consider Before Year-End
Year-end is fast approaching. While the market malaise may be front-and-center on the minds of many, individuals should not overlook year-end planning opportunities which may provide meaningful benefits. Table of Contents Harvest Losses Given the extent to which bonds and stocks have declined this year, tax loss harvesting can be a practical but meaningful planning […]
Weekly Market Recap – November 21, 2022
The Markets (as of market close November 18, 2022) Stocks fell last week following warnings from several Federal Reserve officials that more policy tightening was to come. Each of the major benchmark indexes closed the week lower after enjoying solid gains the previous week. The Russell 2000 and the Nasdaq fell the furthest, followed by […]
