Nemes Financial Advisors Featured in FOX 2 News GM Buyout Segment
Nemes Rush’s own Charlie and Chris Nemes appeared together with reporter Amy Lange on a recent video interview segment on FOX 2 News in Detroit.
SECURE 2.0 Act
The SECURE 2.0 Act (Setting Every Community Up for Retirement Enhancement) has been passed by Congress and signed into law. The Act contains modifications to the current tax system that will have far-reaching effects on personal financial planning.
The Building Blocks
We’ve already talked about the importance of making a list, however, it is just as important to be aware of financial planning opportunities as we move through 2023 and approach the April 18th tax deadline.
Pre-Tax Prep and Timely Opportunities
All politics are local—or so the saying goes. But are all politics financial? There’s no doubt that many voters vote with their wallet, and there’ a vein of conventional wisdom that states that while social and cultural issues might generate the biggest headlines, the most important factor on election day is the state of the economy and its impact on the financial fortunes of families and individuals.
Post-Election Breakdown
All politics are local—or so the saying goes. But are all politics financial? There’s no doubt that many voters vote with their wallet, and there’ a vein of conventional wisdom that states that while social and cultural issues might generate the biggest headlines, the most important factor on election day is the state of the economy and its impact on the financial fortunes of families and individuals.
The Federal Funds Rate and Your Wallet
The Federal Fund Rate and Your Wallet Cash management and portfolio decision-making at a time of skyrocketing rates The Federal Reserve recently raised its benchmark interest rate by 0.75 percentage point in an attempt to combat persistent high inflation. The benchmark rate now stands between 1.50% and 1.75%. The Fed has publicly indicated that additional […]
Tax and Tend
Tax and Tend A handy to-do list of post-tax-season priorities and pre-summer to-dos to get your financial house in order before you hit the beach With tax season behind us and summer vacations looming, it’s the perfect time to take care of financial priorities you’ve been putting off or haven’t addressed during busier times of […]
The Federal Reserve Board: What They Do & Why We Watch
Data released by the U.S. Bureau of Labor Statistics on April 12th showed that prices in the United States (measured by the Consumer Price Index) rose by 8.5% since April of 2021. This represents the largest year-over-year increase since 1981, the year Ronald Regan took the oath of office.
Short-Term Problems, Long-Term Opportunities
It can be nerve-wracking to watch real-time market peaks and dips play out in your portfolio. With breathless headlines announcing current annual lows in the Dow Jones, Nasdaq and S&P 500, it’s easy to fall prey to short-term thinking.
Tips for Beating Rising Costs, Inflation
The March Consumer Price Index put inflation at 8.5% – the fastest inflation rate in 41 years. Chris Nemes, Nemes Rush Partner & CPA was interviewed on Local 4+ to provide insight as to why the war in Ukraine is impacting prices in the U.S
The Personal View
There’s an understandable degree of nervousness that comes with watching the markets dip and seeing the price of assets in your portfolio go down virtually in real-time. But it’s critically important not to let an emotional reaction lead to poor decision-making. When you’re up close and personal to a couple of trees toppling over in the high winds of a market correction, it’s not always easy to remember that the overall health of the forest remains strong.
Russia & Ukraine
There’s an understandable degree of nervousness that comes with watching the markets dip and seeing the price of assets in your portfolio go down virtually in real-time. But it’s critically important not to let an emotional reaction lead to poor decision-making. When you’re up close and personal to a couple of trees toppling over in the high winds of a market correction, it’s not always easy to remember that the overall health of the forest remains strong.
