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Save more: IRS increases contribution limits on tax-advantaged retirement plans

November 6, 2018
Taxpayers will have the opportunity to save more in 2019 without tax repercussions. In its first increase since 2013, the IRS announced that contribution limits for certain retirement accounts will bump up in tax year 2019. This is good news for the many Americans (46 percent) who believe financial comfort in retirement may be out of reach, according...
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Changing jobs: Retirement funds are for retiring

October 30, 2018
When changing jobs, you have a choice: cash out or transfer your retirement funds to a new home. Unfortunately, most employees opt for the former when choosing the latter is almost always a better financial decision. Say this to yourself: retirement funds are for retiring. While it sounds silly, too few people adhere to this...
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How to Use a Fly Fishing Drop-Shot Rig

October 25, 2018
The following content is part of our Fly of the Month Club. This article is written by Peter Stitcher from Ascent Fly Fishing. One of the main reasons that anglers miss strikes from fish is because there are hinge-points in their line. In a traditional American-style nymphing rig, the fly fisher adds a strike indicator...
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Q3 recap: A strong quarter for U.S. stocks preceded routine decline

October 23, 2018
Looking back, Q3 was a strong quarter for U.S. stocks. The strong fundamentals of our economy were seen in all three indices during the third quarter, and the equity markets performed well despite concerns over escalating international trade tensions. The Dow Jones Industrial Average led the way in September with a return of 1.97%, and...
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Wambolt in the Community: Safe Harbor Lab Rescue gives dogs a fresh start

October 18, 2018
Sue and Joe Netzel had been fostering dogs for Safe Harbor Lab Rescue since March 2007. Molly was foster number 57 out of 62 (and counting) Labrador retrievers for the couple, and she stole their hearts from her first ride home. Molly was found in a crowded shelter in Arkansas, transported to Colorado, treated at a...
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Current Market Turbulence Update

October 11, 2018
We started the year with considerable market volatility that stemmed from the threat of tariffs and rising interest rates. While we’ve inched our way back from the early February selloff, the DOW marked the biggest single day selloff yesterday since February, and we are experiencing another selloff today. We’ve suspected all along that the tech...
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Q&A with Greg Wambolt: Why Wambolt welcomes interns into the W&A workplace

October 9, 2018
Welcome to our ongoing series that answers your questions. This week, we asked Greg your question about the fresh faces and young talent seen in the office during the summer months. Here is his answer. Send us your questions at info@wamboltwealth.com. Question: Why does Wambolt welcome interns into the W&A workplace? Answer: For two summers now,...
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Welcoming More Women to the Boardroom: Your invitation

October 5, 2018
Seats promoting diversity in the board room may be opening up, state-by-state. The diversity we are referring to is women, who have been under-represented in the executive halls of U.S. public companies. Individual states are taking on the status quo with initiatives to help instill diversification. Most recently, California implemented a minimum number of women...
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Federal funds rate ticks up on a strong economy

October 3, 2018
The federal funds rate picked up another quarter point on Wednesday, September 26, as the Federal Open Market Committee  unanimously approved its third increase of the year to a range between 2% and 2.25%. In a statement released last Wednesday, data reviewed by the Committee indicates a strengthening labor market and economic activity rising at...
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The commentary on this website reflects the personal opinions, viewpoints and analyses of the Wambolt & Associates employees providing such comments, and should not be regarded as a description of advisory services provided by Wambolt & Associates or performance returns of any Wambolt & Associates Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Wambolt & Associates manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

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