On August 14, 2019, the Dow Jones Industrial Average plunged 800 points, losing 3% of its value in its biggest drop of the year. The Nasdaq Composite also lost 3%, while the S&P 500 lost 2.9%.¹

The slide started with bad economic news from Germany and China, which triggered a flight to the relative safety of U.S. Treasury securities. High demand briefly pushed the yield on the benchmark 10-year Treasury note below the two-year note for the first time since 2007.² This is referred to as a yield curve inversion, which has been a reliable predictor of past recessions. The short-lived inversion spooked the stock market, which recovered only to see the curve begin a series of inversions a week later.³Read More

We’ve all heard about the importance of having life insurance, but is it really necessary? Often, the answer is “yes,” but it depends on your specific situation.Read More

Here’s an update on current events that are sparking oil price movements as well as some potential effects on the economy.

Read Full Article: https://www.aurochsfinancial.com/wp-content/uploads/2019/08/How-Geopolitical-Tensions-May-Impact-Oil-Prices-and-the-Economy.pdf

Are you ready to create a plan for living the life you’ve always dreamed about?  Contact us today to schedule your complimentary discovery meeting. 

Your Guide to Financial Independence

Rick Epple, CFP(r), CeFT (r)

There are two schools of thought when it comes to financial planning:
1. Everyone should have a financial advisor, and
2. Everyone should act as a self-directed investor.
If only the latter were possible. Consider that we’re talking about your financial well-being. A skilled financial advisor brings experience and knowledge that most of us just don’t have.

Read Full Article: https://www.aurochsfinancial.com/wp-content/uploads/2019/07/Everyone-Should-Have-a-Financial-Advisor.pdf

Are you ready to create a plan for living the life you’ve always dreamed about?  Contact us today to schedule your complimentary discovery meeting. 

Your Guide to Financial Independence

Rick Epple, CFP(r), CeFT (r)

Lear the value of having a financial plan. If you have a goal, then you need a financial plan.Read More

Dimensional’s Investment Update: Behind the Scenes

On Wednesday, July 10, Gerard O’Reilly, PhD and Co-CEO and CIO of Dimensional, described the role of research in understanding expected returns and developing efficient implementation practices. He also provided an update on Dimensional research into expected returns in the equity, fixed income, and REIT markets, and the application of daily strategy enhancements.

Watch Presentation Here: https://my.dimensional.com/tools/on_demand/270393/

Are you ready to create a plan for living the life you’ve always dreamed about?  Contact us today to schedule your complimentary discovery meeting. 

Your Guide to Financial Independence

Rick Epple, CFP(r), CeFT (r)

According to reports from CNBC, 75% of Americans are going it alone, without the help of a financial advisor. To achieve their goals, everyone should have a financial advisor. But not just any advisor – a good one, and the right one for you. Just do it!

Review this simple checklist for pointers that can help you manage your money.Read More

Though it was a shortened week last week, the stock markets rode the heat wave right into the July 4th holiday with all major US Indices on the rise.Read More