News
Quarterly Client Letter – Q3 2024
It’s hard to believe that we are entering the final stretch of 2024. Kids are back in school, and leaves are starting to turn. After a bit of volatility to start the quarter, 3Q wound up being an early holiday gift for investors.
How far will home equity loan rates drop after a Fed rate cut?
The current high-interest-rate environment has been tough on borrowers, who are facing higher rates on just about every type of credit product. In this CBSNews article by Jessica Walrack, Jill Fopiano, CEO and president of O’Brien Wealth Partners, and others give input on what a Fed rate cut could mean for home equity rates.
5 Tips for Retirees Without Multiple Retirement Accounts
Different retirement accounts come with different rules and different tax treatment. In this GOBankingRates article by G. Brian Davis, Jill Fopiano, CEO and president of O’Brien Wealth Partners, and others discuss how different account types can provide you more flexibility before and in retirement.
Quarterly Client Letter – Q2 2024
The second quarter of 2024 marked the third quarter in a row – and six of the last seven – of positive returns for investors. As long-term investors, we believe that maximizing time in the market is essential to helping individuals successfully achieve their financial goals. To that end, we must be comfortable with the volatility of performance – particularly in challenging markets.
Soft Saving and How It Could Impact Savings and Retirement
Soft saving may offer immediate gratification and align with personal values, but it presents its own unique set of challenges. In this Bankrate article by Sheiresa McCrae Ngo, Tim Pilczak, senior advisor at O’Brien Wealth Partners, and others discuss soft savings and the potential impact it could have on your retirement.
Quarterly Client Letter – Q1 2024
Last year’s holiday season cheer continued into the first quarter of 2024 for investors, as global stocks surged 8% to close out the quarter at a new all-time high.
Time to Consider High-Quality Bonds
After a year and a half of rapid tightening by the Federal Reserve (Fed), U.S. inflation has cooled to a pace that is roughly in line with their target. This cooldown allowed the Fed to announce at their January meeting that they no longer anticipate needing to raise interest rates further and could begin to cut rates in 2024. Now might be the time to consider high-quality bonds.
Quarterly Client Letter – Q4 2023
The holiday season proved to be a cheerful time to be an investor. Persistently softer inflation, coupled with a shift in stance by the Federal Reserve (Fed) to an easing bias for 2024, led to a sharp rally in both stocks and bonds during the final two months of the year.
This is when the Fed could cut interest rates (and what savers should do before then)
The economy has stabilized over the last six months and the Fed has left interest rates unchanged since the summer. In this CBS New article by Jessica Walrack, Jill Fopiano, CEO and president of O’Brien Wealth Partners, and others discuss what savers could do with rates drops likely in 2024.
