Aspen Wealth Strategies’ Founder and Chairman, Andy McClaflin, has been named to the 2018 Forbes list of America’s Top Next-Generation Wealth Advisors, which recognizes advisors from national, regional, and independent firms.
The S&P 500 ground out a positive 0.66% last week while the Dow Jones Industrial Average shot up 1.48% on a softening of the “trade war” talk between the US and China. International markets continued sell off with political tensions (mainly Turkey) as both developed (MSCI EAFE) and emerging (MSCI EM) declined 1.10% and 3.68% respectively. Retail sales in the … Read More
Sequence of return risk What is it? | The risk that an investor’s portfolio returns will be low or negative early in a withdrawal period. Given the same starting principal and average return, individuals who incur low or negative returns early on during a particular withdrawal phase are at greater risk of exhausting their funds than individuals who experience low … Read More
The S&P 500 ground out a positive 0.80% last week while the Dow Jones industrial Average was essentially flat (up 0.05%). International markets however took a breather as both developed (MSCI EAFE) and emerging (MSCI EM) declined 1.45% and 1.66% respectively. Personal income and personal consumption both rose 0.4% in June. Personal income is up 4.9%, and spending is up … Read More