Automated Asset Management Program
WESCAP Group Introduces New Automated Asset Management Program for Smaller Accounts.
(more…)Read MoreEconomic and Investment Outlook for 2019
This year we wish to focus on the main questions investors seem to asking coming into 2019: Is a recession coming? What does this mean for investments?
(more…)Read MoreHousing Market Update
In an effort to control inflation, the Federal Reserve continues to tighten monetary policy by increasing interest rates. Higher interest rates increase the cost of mortgages, which, in turn, decrease demand. Over the past two years, long-term mortgage interest rates have risen by 1.17%, raising the average monthly payment by 15.1% for the same principal balance, as shown below. (more…)
Read MoreThe Fiduciary Rule Struck Down: Whom Do You Trust to Look After Your Investment Assets?
In March 2018, a U.S. Circuit court struck down the Fiduciary Rule – a rule which required financial advisors to act as “fiduciaries,” or act in the best interest of clients, with respect to their retirement assets. The Department of Labor’s Fiduciary Rule was first proposed in 2010, later ratified in 2015, and was scheduled to go into effect as of June, 2018. (more…)
Read MoreHow to Protect Yourself Against Cyber Crime
According to TransUnion, one of the four major credit monitoring agencies, identity theft is the fastest growing crime in America. Just last year, 16.7 million US consumers were victims of identity theft, an increase of 8% from 2016, resulting in over $16.8 billion stolen. (more…)
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