Creating and sticking to a budget is an essential step in achieving financial stability and reaching financial goals. It allows individuals to control their spending, save money, and plan for the future. Here are some of the most effective ways to implement a budget and take control of your finances: In conclusion, budgeting is an […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-02-02 12:57:242023-02-09 09:41:59Guideline to a Successful Budget
When it comes to saving for retirement, one of the most popular options is a 401(k) plan. One of the key decisions that individuals need to make when contributing to a 401(k) plan is whether to make Roth or pretax contributions. Both options have their own set of pros and cons, and the decision of […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-01-26 12:37:172023-02-09 09:41:32Pretax or Roth 401k Contributions? How to Decide
When it comes to choosing a place to live, deciding whether to buy or rent a home is one of the biggest decisions you’ll ever make. The choice will impact your lifestyle, your financial well-being and also affects your future. In this guide, we’ll break down the pros and cons of buying vs renting a […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-01-19 15:08:002023-02-09 09:42:38Rent vs Buy? 5 Reasons for Both
As we turn the calendar to 2023, many investors are happy to put 2022 behind them. 2022 was a roller coaster as the markets were anything but predictable accompanied by inflation hitting 40-year highs, rapid interest rate increases and mounting layoffs spanning across the economy as it begins to contract from all the policy changes. […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2023-01-17 10:01:142023-01-17 10:01:16ON THE STREET MONTHLY – LEAVING BEHIND 2022 AND WELCOMING 2023
During the third quarter of 2022, leading up to and entering the fourth quarter of 2022, massive layoffs are becoming increasingly common in the technology sector. Companies such as Twitter (recently purchased by Elon Musk) and Amazon have both had to downsize their workforces due to rising costs and slipping profits. This is especially troubling […]
There are plenty of ways to hike in the fall: whether you’re watching football or going on a trail with friends and family. However, all eyes are on the Federal Reserve’s rate hikes as they continue to raise rates throughout 2022. Since the Federal Reserve has begun its hiking cycle, there has been much speculation […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2022-10-12 12:41:052022-10-12 12:41:07ON THE STREET MONTHLY – FALL HIKING AND THE MARKET CYCLE
“The four most dangerous words in investing are ‘this time it’s different.’” Sir John Templeton is known for coining this famous phrase, and over the last few months, the stock market has been moving in a more positive direction. The S&P 500 gained 9.1% in July; history tells us this could be just the beginning. […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2022-09-13 09:16:072022-09-13 09:16:09ON THE STREET MONTHLY – THE STOCK MARKET’S SILVER LINING
The Federal Reserve has been aggressively raising interest rates to curb inflation, which continues to grow. In July, the Fed raised interest rates by another 75 basis points after doing the same thing in June. This demonstrates their commitment to reigning inflation in and ensuring it does not get out of control. The rising interest […]
It’s been a tough first half of the year for investors. The stock market has endured its worst performance since the early 1970s due to a perfect storm of factors, including historically high inflation, global macroeconomic challenges, and organic corrections following the trillions in pandemic stimulus money printed. The silver lining is that this market […]
Despite the instability of the American economy in recent years, the price of electricity has remained relatively stable. In contrast, the price of gasoline has recently skyrocketed due to a decrease in supply and other global factors, including the war in Europe. There are several reasons for this discrepancy. First, electricity is produced primarily from […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2022-06-09 09:42:092022-06-09 09:42:10ON THE STREET MONTHLY – ENERGY: THE GOOD, BAD, AND THE UGLY
Guideline to a Successful Budget
Creating and sticking to a budget is an essential step in achieving financial stability and reaching financial goals. It allows individuals to control their spending, save money, and plan for the future. Here are some of the most effective ways to implement a budget and take control of your finances: In conclusion, budgeting is an […]
Pretax or Roth 401k Contributions? How to Decide
When it comes to saving for retirement, one of the most popular options is a 401(k) plan. One of the key decisions that individuals need to make when contributing to a 401(k) plan is whether to make Roth or pretax contributions. Both options have their own set of pros and cons, and the decision of […]
Rent vs Buy? 5 Reasons for Both
When it comes to choosing a place to live, deciding whether to buy or rent a home is one of the biggest decisions you’ll ever make. The choice will impact your lifestyle, your financial well-being and also affects your future. In this guide, we’ll break down the pros and cons of buying vs renting a […]
ON THE STREET MONTHLY – LEAVING BEHIND 2022 AND WELCOMING 2023
As we turn the calendar to 2023, many investors are happy to put 2022 behind them. 2022 was a roller coaster as the markets were anything but predictable accompanied by inflation hitting 40-year highs, rapid interest rate increases and mounting layoffs spanning across the economy as it begins to contract from all the policy changes. […]
ON THE STREET MONTHLY – TECHNOLOGY LAYOFFS SIGNALS LABOR SHIFT
During the third quarter of 2022, leading up to and entering the fourth quarter of 2022, massive layoffs are becoming increasingly common in the technology sector. Companies such as Twitter (recently purchased by Elon Musk) and Amazon have both had to downsize their workforces due to rising costs and slipping profits. This is especially troubling […]
ON THE STREET MONTHLY – FALL HIKING AND THE MARKET CYCLE
There are plenty of ways to hike in the fall: whether you’re watching football or going on a trail with friends and family. However, all eyes are on the Federal Reserve’s rate hikes as they continue to raise rates throughout 2022. Since the Federal Reserve has begun its hiking cycle, there has been much speculation […]
ON THE STREET MONTHLY – THE STOCK MARKET’S SILVER LINING
“The four most dangerous words in investing are ‘this time it’s different.’” Sir John Templeton is known for coining this famous phrase, and over the last few months, the stock market has been moving in a more positive direction. The S&P 500 gained 9.1% in July; history tells us this could be just the beginning. […]
ON THE STREET MONTHLY – SEEING DOUBLE
The Federal Reserve has been aggressively raising interest rates to curb inflation, which continues to grow. In July, the Fed raised interest rates by another 75 basis points after doing the same thing in June. This demonstrates their commitment to reigning inflation in and ensuring it does not get out of control. The rising interest […]
ON THE STREET MONTHLY – MARKET MADNESS
It’s been a tough first half of the year for investors. The stock market has endured its worst performance since the early 1970s due to a perfect storm of factors, including historically high inflation, global macroeconomic challenges, and organic corrections following the trillions in pandemic stimulus money printed. The silver lining is that this market […]
ON THE STREET MONTHLY – ENERGY: THE GOOD, BAD, AND THE UGLY
Despite the instability of the American economy in recent years, the price of electricity has remained relatively stable. In contrast, the price of gasoline has recently skyrocketed due to a decrease in supply and other global factors, including the war in Europe. There are several reasons for this discrepancy. First, electricity is produced primarily from […]