Every stock market setback in modern history has eventually given way to recovery and growth. The longer you stay invested, the greater the likelihood of a positive outcome. In fact, since 1929, roughly 88% of all five-year periods and 94% of ten-year periods in the U.S. stock market have delivered positive returns.
Bull markets are often accompanied by overconfidence and poor decision-making. Before getting caught up in the hype, consider the following thought experiments and strategies to stay prepared for any market environment.
For many high-net-worth individuals, insufficient insurance coverage is one of the biggest financial risks they unknowingly face. They accumulate wealth, acquire valuable properties, and enjoy an elevated lifestyle, but don’t take the time to adjust their protection to match their growing asset value.
Partner Chris Nemes joined WDIV for a fun look at financial best practices. From retirement savings to paying down debt, Chris debunked several common myths that many Americans believe about their finances.
Chris Nemes joined CBS Radio to offer advice for getting your financial house in order in the new year, sharing insights on budgeting and retirement planning.
As the holidays approach and 2024 draws to a close, it’s easy to let financial planning fall off the “to do” list amidst the festivities. But taking strategic steps now can set a solid foundation for a successful 2025.
Financial Advisor Michael Nemes joined WGVU-FM to talk about best practices for year-end financial planning, charitable giving, taxes and more.
For tax year 2025, the top tax rate remains 37% for individual single taxpayers with incomes greater than $626,350 ($751,600 for married couples filing jointly). The other rates are:
The automaker recently announced plans to lay off 2,500 employees. Michael Nemes joined CBS Detroit to discuss essential financial best practices for these employees and families.
An estimated $90 trillion of accumulated wealth is expected to be inherited over the course of the next two decades. For families and their financial advisors, this presents both an opportunity and a responsibility.
As wedding season picks up momentum this summer and fall, Charles Nemes, CEO, and Chris Nemes, Partner, recently joined CBS Detroit and FOX 2 News to talk about financial preparations for the big day.
Michael Nemes, partner at Nemes Rush Family Wealth Management, discusses taking advantage of your tax bracket with a Roth IRA
