On September 25th, a new GICS sector was created. What does that mean? The Global Industry Classification Standard (GICS), maintained by Standard & Poors and MSCI, is a system for categorizing stocks and other holdings into broad category buckets, such as Energy, Financials, and Health Care. Early this year, they... read more →
Saving for retirement just got a little bit easier. According to a recent article in Kiplinger, "2018 Retirement Contribution Limits for 401(k)s and IRAs," retirement contribution limits are increasing next year. 401(k)s: The annual contribution limit in 2018 will be increased from $18,000 to $18,500. This jump also applies to 403(b) and... read more →
It seems lately that I am hearing more people ask, "The market is at an all-time high, should I sell? When is the correction coming?" I am curious as to why the question is being asked. Is it a matter of frame dependence? Is it human nature? Is it too... read more →