Posts from: Blog

Economic Storm Clouds Are Moving In, Still NO Time For Panic

Over the past few weeks, we have learned economic data is showing signs of consumer spending declines, and corporate profit outlooks coming down. Fast Food chains now offering meals around $5, Walmart announcing they see consumers spending less on items... (more...)

Stock Split Mania, Here to Stay in 2024 by James R. Wigen, CAM, ChFM, CPM, CWM

We have seen a new trend with several 10 for 1 Stock Splits being announced recently, and that news helped skyrocket stock prices for companies making the announcement. This trend should continue throughout 2024. With several Tech companies announcing... (more...)

NASDAQ Down 6 of the Past 7 Weeks, What is Going On? James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Wealth Manager & Sr. Portfolio Manager, Independent Financial Management

We are noticing a recent decline in the stock market, and there are several reasons for it. The most recent decline is a reaction to the 10-Year Treasury Yield moving closer to 5%, the exact same scenario we experienced in October 2023, pushing markets... (more...)

Q3 2023 Summary by James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Wealth Manager, Independent Financial Management

Third Quarter of 2023 has now come to an end. The past quarter has certainly been a tale of two stories.  On July 31st, the Stock Market reached a Top for the year, especially High-Quality Growth Technology stocks. At the beginning of 2023, most investment... (more...)

Debt Ceiling War Heats UP, US Debt Downgrade Coming Like 2011? James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Wealth Manager

This past Wednesday, the House passed a Debt Ceiling Bill that would raise the Debt Ceiling while cutting Trillions of dollars in Government Spending. The House voted 217 to 215 to pass the Limit, Save, Grow Act of 2023, with all but Four Republican members... (more...)

Right Now, Is Managing Equity Exposure More Important Than Equity Diversification? James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Portfolio Manager & Sr. Wealth Manager

The First Quarter has come to a close in 2023.  What do we know so far? Technology stocks such as Draftkings, Twilio, Microsoft, Meta (Facebook), and Nvidia are up around 80% in 2023.  Have you missed the upside?  Yes, for now! Don’t let the... (more...)

IFM’s Custodial Firm Financial Update – by James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Portfolio Manager & Sr. Wealth Manager

Over the past 10 days we have learned about several Banks dealing with systematic failures, therefore, I want to update you on the Custodial Firms IFM uses. We offer clients several Custodial Firms to hold their investment accounts through, Charles Schwab,... (more...)

Health Savings Accounts or HSAs as Described on IRS.gov, by James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Wealth Manager

  What are the Benefits of an HSA?   You may enjoy several benefits from having an HSA. You can claim a tax deduction for contributions you, or someone other than your employer, make to your HSA even if you don’t itemize your deductions on... (more...)

Stock Market Expectations in 2023 by James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Wealth Manager, Independent Financial Management (IFM)

The Stock & Bond Market decline in 2022 was similar to the decline in 2008, if you were invested back then, you remember it was not a fun time. It is important to understand the Economy was pretty good in 2022, yet the markets declined quite a bit,... (more...)

Markets Are Down, Time to Convert Traditional IRA to Roth IRA? by James R. Wigen, CAM® ChFM® CPM® CWM®, Sr. Portfolio Manager & Sr. Wealth Manager

The Stock & Bond Markets have had a horrible year, and we may see further declines.   When investors experience a decline in their IRA accounts, they often wonder if they should convert their IRA to a Roth IRA.  By doing this, their investment... (more...)

1 2 3