In The News
- Will Markets Keep Going Up In 2018?
With today's economy & past policies from President Trump, tax cuts specifically, I believe 2018 will be a great year for the Stock Market and we should see all-time highs in the DJIA, S & P 500 & Nasdaq. - 401k / IRA / Roth IRA Contribution Limits for 2019
If you are under the age of 50, max contribution is $6,000 & if over 50 it's $7,000 for your IRA & Roth IRA. Your 401k limit is $19,000 if under 50, $25,000 if over 50 years old. - How Much Should I Pay my Financial Advisor or Portfolio Manager?
The fees you will pay a Financial Advisor generally depend on how much money you are asking the Advisor to manage & whether part of those investment dollars include your 401K. Try to avoid dealing with Financial Sales People who only want to charge you commissions or are only selling their company products.
- Will Markets Keep Going Up In 2018?
SPORTS
WEATHER
Miami81°few cloudshumidity: 57%wind: 11mph EH 80 • L 7679°Tue79°Wed79°Thu77°FriWeather from OpenWeatherMap-
2019 Stock Market Prediction by James R. Wigen
For 2019 we should see a huge recovery from December 2018 lows with certain stocks, however, we may not see that huge gain from the overall market.
The Trade War with China is a huge part of what the market will do for 2019, and right now they are talking but who knows the outcome. I do believe a deal or understanding to continue to negotiate, will be agreed upon around the March 1st, deadline.
The economy in the US doing well, so well that the Federal Funds rate may keep going up. The next quarter earnings will include companies giving forward estimates, and those estimates will cause analysts to lower price targets, which has already been happening in the past few weeks.
I think overall 2019 will allow the market to recover from its 2018 lows, however, no great growth should be expected. Many high growth companies are down 50% from 90 days ago, and many of them could see 20-30% upside from where they are now. Many Chinese technology stocks are already up 10% YTD, however, they were down 60% over the past 90 days.
I would recommend maxing your 401k for pre-tax benefits, and maybe keep new dollars in the Money Market option in your 401k, which is most likely paying 2-4%.
If you have money you want to invest outside of your 401k, I would put the money into your brokerage account until investing it makes sense, as the money sitting in a brokerage account Money Fund is currently paying around 2.25%.
If you need investment or retirement planning advice or want someone to manage your investment accounts, please contact me and I will see how I can best help you.
Good luck investing in 2019!
Have a Happy & Healthy New Year!
Stock Quotes
- Wigen Financial Stock Data...
-
Recent Posts
- Investors SELL Stocks / BUY Bonds at Fastest Pace on Record in August – James R. Wigen September 6, 2019
- 2019 Market Update by James R. Wigen – Time to REDUCE? March 28, 2019
- 2019 Stock Market Prediction by James R. Wigen January 7, 2019
- Urban China’s Mainstream Class Continues to Thrive by James R. Wigen December 18, 2018
- Markets on Pace for WORST December Since GREAT Depression by James R. Wigen December 18, 2018
- Markets RISE After Midterm Elections – As I Had Predicted by James R. Wigen November 12, 2018
- Look For Trade War Agreement Soon Between US & China by James R. Wigen November 6, 2018
- 54% Equity ETFs Posted LOSSES Over Past Year by James R. Wigen November 2, 2018
- 2018 Stock Market Update & Outlook by James R. Wigen October 30, 2018
- Ever Hear “Don’t Fight The Fed”? Remember, It’s True When Fed Funds Rate Rises & Falls? by James R. Wigen October 4, 2018
-
Comments