As we step into the second half of 2024, one of the prevailing themes in the market since the beginning of the year has been the anticipation of potential rate cuts. Economists had varying predictions, with some forecasting as many as 6 rate cuts for the year. However, as we approach July, the Federal Reserve […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-07-11 12:36:022024-07-11 12:36:04On the Street Monthly – Second Half is Here, Rate Cuts are Near?
There have been numerous occasions when bad economic news has triggered a positive market reaction. This pattern repeated with the latest report from the U.S. Bureau of Labor Statistics. On June 4th, the JOLTS data was released, detailing job openings among other metrics. The anticipated number of job openings was 8.35 million, but the report […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-06-06 11:53:022024-06-06 11:53:05On the Street Monthly – Bad News is Good News?
One of the major risks investors face is a portfolio drawdown – a peak-to-trough decline in the value of their investment portfolio over a given period of time. Substantial drawdowns can derail long-term financial plans and make it difficult to recover lost ground. Understanding and managing drawdown risk is important for successful investing. A drawdown […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-05-16 11:48:212024-05-16 11:48:22Managing the Risk of Portfolio Drawdowns
The first quarter of 2024 witnessed a robust performance, but April brought a setback as major indices experienced a decline across the board. Factors such as persistent inflation, rising bond yields, and geopolitical tensions weighed heavily on investor sentiment, shaking confidence in the market. Given this backdrop, we wanted to explore the potential path ahead. […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-05-09 12:02:342024-05-09 12:02:37On the Street Monthly – Sell in May?
The S&P 500’s strong start to 2024 has been met with a pullback in April. In our most recent monthly commentary, we explored how the market typically reacts when the S&P 500 jumps 10% or more in the first quarter. Since 1950, this scenario has occurred 11 times, and in 90.9% of those instances, the […]
We are proud to announce that Lake Street has been recognized as one of the Best Financial Advisory Firms in 2024 by USA Today. The selection process involved feedback from over 25,000 individuals, including financial advisors, clients, and industry experts, who recommended firms they found commendable. This title highlights Lake Street’s esteemed reputation within the […]
Lake Street is proud to announce that our co-founder and managing partner, Justin Terzo, has been recognized as part of the 2024 Forbes “Best-In-State Wealth Advisors” list. For the 5th year in a row, Justin stands out among an elite group of advisors, who showcase their profound understanding of market dynamics, investment strategies, and personalized […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-04-16 10:10:132024-04-16 10:10:14Justin Terzo Recognized in 2024 Forbes “Best-In-State Wealth Advisors” List
Planning for the future encompasses not only financial security but also savvy tax management. One often-overlooked strategy that can yield substantial tax savings is strategic account titling. While many married couples default to joint ownership or trust structures where both partners are listed as grantors and trustees, the nuances of individual ownership can offer significant […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-04-04 11:45:002024-04-03 15:33:22How Account Titling Can Save Thousands in Tax Dollars
As the first quarter of 2024 drew to a close, the broader markets continued their upward trajectory, driven by factors that caught investors off guard. Despite expectations of declining inflation, the Consumer Price Index (CPI) held steady at 3.2%, nearly unchanged from the beginning of the year. While some anticipated rate cuts, the Federal Reserve […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-04-03 11:45:392024-04-03 11:45:42On the Street Monthly – Continuing Rally or Spring Break?
For employees working at a publicly traded company, you may have an option to buy the stock of the company you work for within the 401k plan. While making the decision to invest in that stock is a decision within itself, simply due to the risk associated with investing in the company that also provides […]
https://lakest.com/wp-content/uploads/lake-street-logo.png00Amanda Halehttps://lakest.com/wp-content/uploads/lake-street-logo.pngAmanda Hale2024-03-28 11:45:402024-03-28 11:45:42Making the Most of Company Stock in a 401(k)
On the Street Monthly – Second Half is Here, Rate Cuts are Near?
As we step into the second half of 2024, one of the prevailing themes in the market since the beginning of the year has been the anticipation of potential rate cuts. Economists had varying predictions, with some forecasting as many as 6 rate cuts for the year. However, as we approach July, the Federal Reserve […]
On the Street Monthly – Bad News is Good News?
There have been numerous occasions when bad economic news has triggered a positive market reaction. This pattern repeated with the latest report from the U.S. Bureau of Labor Statistics. On June 4th, the JOLTS data was released, detailing job openings among other metrics. The anticipated number of job openings was 8.35 million, but the report […]
Managing the Risk of Portfolio Drawdowns
One of the major risks investors face is a portfolio drawdown – a peak-to-trough decline in the value of their investment portfolio over a given period of time. Substantial drawdowns can derail long-term financial plans and make it difficult to recover lost ground. Understanding and managing drawdown risk is important for successful investing. A drawdown […]
On the Street Monthly – Sell in May?
The first quarter of 2024 witnessed a robust performance, but April brought a setback as major indices experienced a decline across the board. Factors such as persistent inflation, rising bond yields, and geopolitical tensions weighed heavily on investor sentiment, shaking confidence in the market. Given this backdrop, we wanted to explore the potential path ahead. […]
2024 Market Swings: Insights from Historical Election Year Trends
The S&P 500’s strong start to 2024 has been met with a pullback in April. In our most recent monthly commentary, we explored how the market typically reacts when the S&P 500 jumps 10% or more in the first quarter. Since 1950, this scenario has occurred 11 times, and in 90.9% of those instances, the […]
USA Today’s Best Financial Advisory Firms of 2024
We are proud to announce that Lake Street has been recognized as one of the Best Financial Advisory Firms in 2024 by USA Today. The selection process involved feedback from over 25,000 individuals, including financial advisors, clients, and industry experts, who recommended firms they found commendable. This title highlights Lake Street’s esteemed reputation within the […]
Justin Terzo Recognized in 2024 Forbes “Best-In-State Wealth Advisors” List
Lake Street is proud to announce that our co-founder and managing partner, Justin Terzo, has been recognized as part of the 2024 Forbes “Best-In-State Wealth Advisors” list. For the 5th year in a row, Justin stands out among an elite group of advisors, who showcase their profound understanding of market dynamics, investment strategies, and personalized […]
How Account Titling Can Save Thousands in Tax Dollars
Planning for the future encompasses not only financial security but also savvy tax management. One often-overlooked strategy that can yield substantial tax savings is strategic account titling. While many married couples default to joint ownership or trust structures where both partners are listed as grantors and trustees, the nuances of individual ownership can offer significant […]
On the Street Monthly – Continuing Rally or Spring Break?
As the first quarter of 2024 drew to a close, the broader markets continued their upward trajectory, driven by factors that caught investors off guard. Despite expectations of declining inflation, the Consumer Price Index (CPI) held steady at 3.2%, nearly unchanged from the beginning of the year. While some anticipated rate cuts, the Federal Reserve […]
Making the Most of Company Stock in a 401(k)
For employees working at a publicly traded company, you may have an option to buy the stock of the company you work for within the 401k plan. While making the decision to invest in that stock is a decision within itself, simply due to the risk associated with investing in the company that also provides […]