Read About Lyons Wealth Financial Insights Quoted by Prominent Media Organizations
Corey Roun with Lyons Wealth says, "The big hurdle is there is nobody to call to recover passwords, keys, and locations of digital assets, making pre-planning more critical than ever before in estate planning."
Read MoreFocusing on tax-loss harvesting in the fourth quarter is often done for practical reasons, according to Sander Read, chief executive of Lyons Wealth Management in Winter Park, Fla.
That said, volatility can make tax-loss harvesting a year-round opportunity. "Every day is an opportunity to harvest losses," Lee says, especially since losses can always be carried forward.
The Fed raised short-term interest rates by 0.25% on Wednesday, the latest in a rapid series of increases that have brought rates from zero in early 2022 to a target range of 5.25% to 5.5% now.
However, Wall Street believes this will likely be the last rate increase for now and expects the Fed to start cutting rates early next year.
Are you missing out on this market rally? Wall Street has seen a surge in small-cap stocks lately, with the Russell 2000 index climbing over 10.7% in the past month versus 5.5% gains in the S&P 500 and 6.1% uptick in the Nasdaq Composite.
This rally coincides with cooling inflation data and hopes for Fed rate cuts in 2024.
We utilize our Fundamental Process, including our proprietary GRAPES valuation model, to screen the universe of mid, small and micro-cap companies.