Financial News and Articles with Joseph Miller in Davenport IA

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September 2024 Market Update: A soft landing returnsAs expected, August’s market volatility was necessary to help achieve a soft landing. Read more in Thrivent’s September 2024 Market Update.

June 2024 Market Update: April showers brought May flowersStrong first quarter earnings helped boost the economy in May, but there is potential for additional market volatility. Learn more in Thrivent’s June 2024 Market Update.

TCJA set to expire: Tax moves to consider if you're nearing or in retirementWith tax brackets changing at the end of 2025, now is a good time to tune-up your retirement strategy. Consider these tax moves to get started. 👇

Invest Smart: Stick to The Fundamentals Tired of the "meme" stock rollercoaster? Secure your financial future with fundamental investments. Key Benefits • Stability: Steady growth based on solid financials. • Wealth Building: Sustainable, long-term returns. • Lower Risk: Less volatility and market manipulation. • Informed Decisions: Based on thorough research and data. Invest with Confidence. Shift from hype-driven meme stocks to reliable fundamental investments. Build a stable, long-term portfolio and achieve financial independence. See thrivent.com/social for important information

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Working tax efficiency into your financial strategyUnderstanding how your assets are taxed—and making adjustments now—can have a significant impact on your future. Diversification is key to building tax efficiency into your plan. Learn more about each type ⬇️ 1. Investment 2. Time 3. Income tax

💰 Maximize Your Tax Refund: Be Wise with Your Money! 💼 This tax season, with refunds averaging $3,011 according to the IRS, a roughly 5% increase from 2023, here's how to make the most of yours: 💼 Invest in Yourself: Consider contributing to an IRA or adding to your emergency savings. 🏠 Home Improvements: Tackle home projects now!! 💳 Debt Reduction: Prioritize paying off high-interest debt. Make your refund work for you! #TaxRefund #FinancialPlanning 🚀 See thrivent.com/social for important information

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Dive into Investment Strategies: 💼💰 In today's investing landscape, a solid strategy is crucial for financial success. Consider these proven strategies: Diversification is Key: Spread your investments across various asset classes to minimize risk and maximize long-term returns. Time in the Market, Not Timing the Market: Focus on staying invested for the long term rather than trying to predict short-term market movements. Consistency Pays Off: Regular, disciplined investing can help smooth out market volatility and build wealth over time. Remember, tailor your strategy to your goals, risk tolerance, and time horizon. Need personalized advice? Let's chat! #InvestmentStrategies #FinancialPlanning Disclosures: thrivent.com/social While diversification can help reduce market risk, it does not eliminate it. Diversification does not assure a profit or protect against loss in a declining market.

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Let's optimize your taxes together! As your financial advisor, here are four steps we can take: 1. **Estimate Taxes in Retirement** 2. **Prepare for Changing Tax Brackets** 3. **Calculate Tax Impacts for IRA Beneficiaries** 4. **Make Tax-Smart Moves** Let's tailor these steps to your situation. Reach out to discuss! #FinancialPlanning #TaxEfficiency #Retirement See thrtivent.com/social for important information

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How to plan for taxes in retirementHow tax-efficient is your retirement saving? Consider these strategies to boost your retirement readiness. 👇

4th Quarter 2023 Market Outlook: Entering the turnThe stress of higher interest rates is beginning to take its toll on the economy. Under these conditions, bonds have become increasingly attractive. Read Thrivent's 4th Quarter 2023 Outlook for more.

How to avoid running out of money in retirement“Will I outlast my retirement savings?” It’s a common concern, but planning for retirement shouldn’t be a guessing game. Check out these four actionable steps to stretch your money further in retirement. 👇

September 2023 Market Update: Stocks stumbleThere are signs of a slowdown with employment data weakening, payrolls slowing, and the consumer starting to show signs of stress with credit card delinquencies rising. For a review of key market and economic developments, read the September 2023 Market Update.

What is the best way to save for retirement?While preparing for retirement looks different for everyone, a holistic savings strategy often has three key components: 1. Investments 2. Social Security 3. Other guaranteed income sources Check out this article to learn more about each, plus common retirement saving roadblocks to avoid.

Thrivent Market & Economic updateWonder which way to turn in today’s volatile market? Watch key highlights – or the full-length recording – from our August Market & Economic Update to gain clarity on the economy, inflation and artificial intelligence.

3rd Quarter 2023 Market Outlook: The recession rain checkWhile a strong labor market and solid consumer spending has helped both economic growth and market optimism, a slowdown in the economy and a possible recession may still loom ahead. Read Thrivent's 3rd Quarter 2023 Outlook from Chief Investment Strategist Steve Lowe.

June 2023 Market Update: Debt crisis averted while tech stocks surgeTechnology stocks have been on a roll in an otherwise sluggish market, but resolution of the debt crisis helped stabilize the markets. For a review of key market and economic developments, read the June 2023 Market Update.

As Congress negotiates on the looming debt ceiling, markets are responding with some volatility. Check out Thrivent's most recent article with our take on the current situation and likely outcomes: https://bit.ly/3oBBieQ

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May 2023 Market Update: Big tech earnings growth drives market gainsStocks held their own the past month, with the tech area leading the way, GDP slipped for the third straight quarter, and Fed rate hikes continued to rattle the banking industry. Get an overview of all key market and economic highlights in this month's Market Update.

2nd Quarter 2023 Market Outlook: Banking turbulence impacts the Fed’s glide pathThe Fed’s fight against inflation became a little more difficult as a result of the recent banking crisis, but income investors still have improved options in the bond market. For a rundown of expectations for the stock and bond markets and the economy, see Thrivent's 2nd Quarter Market Outlook.

1st Quarter 2023 Market Review: Tech shines, Financials falter, as Fed hikes rattle banksDespite nagging inflation and the Fed’s monetary tightening efforts, stocks performed well in the first quarter both in the U.S. and globally – led by a tech rally. Bring yourself up to date on all the key economic and market developments in the 1st Quarter 2023 Market Review.