Wednesday’s FOMC’s decision to raise rates was telegraphed well in advance by market interest rates. Since the conclusion of the election, market interest rates have risen substantially. This left the FOMC no choice but to raise the federal funds rate .25% to a .50%-.75% range or they would risk being “behind” the curve. Official market...
The Italians have voted on a pivotal constitutional referendum which has resulted in an overwhelming vote of No. What is certainly shaping into a global political trend, voters rejected the continuation of the status quo and once again supported anti-establishment ideals. While the details of the political implications of the referendum are important, the interest...
2016 is coming to an end and it will surely be considered one of the most memorable years in history. Change is certainly one of the buzz words of the year and if you are looking to change it up a bit this holiday season, see the recipe below which is a new take on...
History was going to be made last night one way or another. Would we elect our first woman President? Our first nonpolitician President? However, based on the experts, the pundits, and the polls, this election was a formality. We would all participate in the process and go through the motions, but in the end the...
With the market so volatile, you need one in place. The Market Is Cyclical… As history proves time, and time again, the stock market is cyclical. Like gravity, what goes up, must come down. The problem with this cycle is that many investors don’t have the time or the willpower to ride yet another wave...
Today’s release of the FOMC’s decision not to raise rates was really no big surprise. The release only contained minor changes to September’s statement. Market official expectations were around a 14% probability for a rate hike, while most participants pegged the figure closer to 0% considering the timing of the meeting in relation to the...
The seasonal shift between summer and fall, especially in the Northeast, can be a bit challenging. With 40 degree nights and 80 degree days, no wonder it kicks off cold season. Our feature article this month Could Insurance Save Your Retirement? begins the discussion on the value of various insurance coverages once thought to be...
With the end of summer comes the beginning of school for some and the routines of daily life for most. Within the hustle and bustle of errands, we may lose sight of the planning needed in case our retirement vision encounters a few bumps along the way. Our feature article this month Retirement Blindspots highlights...
Stephen DeCesare, CFP® Named 2016 Philadelphia Five Star Wealth Manager Marlton-based Certified Financial Planner™ earns professional honor for fifth consecutive year. September 1, 2016 – Marlton N.J. – Independent wealth manager, retirement planner and president of DeCesare Retirement Specialists, Stephen DeCesare, CFP®, was presented with the 2016 Five Star Wealth Manager Award for the Philadelphia...
This month’s feature article Think About Your Lifestyle Before You Retire delves into the retirement dream versus the retirement reality. Retirement savers spend enormous amounts of time calculating the figures regarding income, expenses, and probablilities of success. They spend much less time considering the fact that they are human and that retirement may have a...
