In the News
This past Wednesday, we had the pleasure of presenting our annual State of the Economy presentation via livestream from Universal Preservation Hall in Saratoga Springs. Steven Bouchey, Ryan Bouchey, and Marty Shields shared a recap of the markets and economy in 2020, and what we expect for 2021. Please visit the link below to view…
Written by Martin Shields The 30-year mortgage rate has dropped to its lowest rate since it was originally tracked starting in 1971 as shown in the graph below. Last year the 30-year mortgage rate was 3.74% and the most recent rate was down to 2.66%. As rates continue to decline to levels we could not…
Written by Harmony Wagner As financial advisors, we often speak with clients or prospective clients with cash to invest who are hesitant to put it to work “because the markets are at all-time highs.” The hesitancy to invest cash while the markets are doing well is not entirely unreasonable. After all, an investor always hopes…
We will once again be partnering with Rensselaer County Regional Chamber of Commerce for our 3rd annual Economic Outlook event. This event will be held virtually on Wednesday, February 3rd, at 1:00 PM. The investment team at Bouchey Financial Group consisting of Steven Bouchey, CFP®; Ryan Bouchey CFP®, CPA; and Martin Shields CFP®, AIF;…
Written by Martin Shields Without exception, 2020 will be one for the record books! When we started the year, if anyone knew the economic collapse that would occur, I don’t think many would have predicted a market rally anywhere near what we have experienced. As of the markets’ close on Thursday, December 31st the S&P…
My 12 Days of Christmas journey was truly rewarding and I finished this afternoon where I began, saying a prayer for my family, friends, those who I met over the past 12 days and all those who are affected by COVID, especially a dear friend who found out yesterday he has it. My “12 Days…
Happy Hanukkah and Merry Christmas !!! 2020 has been a crazy year and rather than send a holiday card I decided to count down the “12 Days of Christmas” in my own way and share it with you. I promised myself to try and make a difference each day by giving back to our community somehow some way and I’m…
Visit the link below to hear our latest webinar, a conversation on long-term care insurance with Brian Johnson of Advisors Insurance Brokers. Brian Johnson and Ryan Bouchey will discuss some common misconceptions about long-term care, hybrid policies, and other topics. Please feel welcome to follow along with the presentation slides by clicking here: Long-Term Care…
Written by Steven Bouchey The big question weighing on investor’s minds right now is there a disconnect between stocks and the economy? It seems as though the COVID-19 recovery is forming a “V” like pattern rather than a “W” like so many expected. Stocks have risen as the economy mends itself and more goods news…
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What Investors Need Now Is Patience and Fortitude
Written by: Steven B. Bouchey, CFP® As seen in The Saratogian. The headlines in 2022 have been overwhelming; the Russia-Ukraine conflict, Covid-19 lingering on, China’s lockdowns adding to supply chain disruptions, and inflation at 40-year highs!!! So, what has changed on the inflation front? The May consumer price index (CPI) was red hot, rising +1%…