What To Do During Market Volatility
Posted by Steve Harvey on Tue, 01/08/2019 - 22:33
Don’t panic. Periods of market volatility can be anxiety-inducing, but they aren’t as bad as they seem—if you don’t panic. In fact, although it may seem counter-intuitive, with the right mindset, they can even be seen as an opportunity. It may seem impossible to think about opportunities after seeing your portfolio tank, but in the end, it all comes down to how you react. When the market begins fluctuating and you start feeling nervous, here’s what I recommend you do.
Happy Holidays From The Harvey Group!
Posted by Steve Harvey on Tue, 12/18/2018 - 14:50
With the holiday season in full swing, our team at The Harvey Group would like to take this opportunity to wish you and yours a happy holiday and a wonderful new year! We are grateful to have clients like you, and we appreciate your trust in us to provide exceptional services that help you experience confidence in your future and focus on your passions, knowing that we’re here to watch over your finances.
What We Are Thankful For In 2018
Posted by Steve Harvey on Mon, 11/19/2018 - 23:18
Happy Thanksgiving from our team at The Harvey Group! We want to take a moment to thank you for being a part of our family. We sincerely appreciate the trust you place in our firm, and we take our responsibility to you and your family very seriously.
What I Wish I Knew About Money When I Was Younger
Posted by Steve Harvey on Wed, 10/03/2018 - 01:34
Now that I’m safely out of my teens, looking back I can see that there was much more about money that I wish I knew when I was younger.
How To Handle Your Finances During A Long Bull Market
Posted by Steve Harvey on Wed, 09/12/2018 - 21:10
As a society, we seem to be obsessed with setting records. Just look at how many editions of the Guinness World Records books have been published! We are fascinated by historic events, athletes pushing their limits, and new inventions that have changed the course of history. Well, there are plenty of records being hit in the financial world as well. 2017 was a year of consistent record highs for the Dow Jones and S&P 500, and on Wednesday, August 22, 2018, our current bull market officially became the longest bull market in history. This is great news, but what does it mean for you and your money?
How Does Your Retirement Savings Compare To Your Neighbors?
Posted by Steve Harvey on Wed, 08/08/2018 - 21:52
Because our retirement years can span decades, saving for our golden years often looms large in our minds. But despite the importance and popularity of this topic in the personal finance world, there’s a lot of contradictory and overwhelming advice. There is a glut of information about when to start saving, what the best strategies are, and how much you’ll need. For example, we are told that we need X amount for a 20-year retirement, or that we should contribute X amount to our 401(k). The experts tell us to pay off all of our debt but make sure we have enough liquidity for emergencies.
Our Mid-Year 2018 Economic Update
Posted by Steve Harvey on Wed, 07/11/2018 - 15:56
Believe it or not, we are halfway through 2018! As we reach this mid-year mark, let’s dig in to the details of what our economy is up to. After a stellar 2017, 2018 has brought a fair share of ups and downs, market volatility, trade uncertainty, and record unemployment numbers. However, as most individual Americans see it, things are looking up. Here’s a bird’s-eye view of our economy as we reach the mid-year mark of 2018
Your 2018 Social Security Benefit Guide
Posted by Steve Harvey on Fri, 06/08/2018 - 11:28
Almost 62 million people depend on Social Security in one way or another. Originally created during the Great Depression as a retirement safety net, it has now grown to cover 96% of workers in the US. In 2017 alone, the Social Security Administration paid out $955 billion in benefits, the majority of which went to retired workers.
Does Your Financial Plan Need a Second Opinion?
Posted by Steve Harvey on Mon, 05/14/2018 - 21:05
Think back to your last major decision, whether it was a career move, a relocation, a medical treatment, or something else entirely. Did you make a quick choice without exploring your options, or did you conduct research and gather as much information as possible? Did you approach the decision-making process on your own, or did you look to trusted mentors, family, friends, or even the Internet to help?
What is a Fiduciary and Why is it Important?
Posted by Steve Harvey on Wed, 05/02/2018 - 21:56
In the news, the word “fiduciary” has been thrown around a lot in regards to financial advisors and their duties. The concept can seem confusing to people, as many assume that all advisors, whether they’re stockbrokers or financial planners, are required to act in their client’s best interest. But that’s not the reality. It’s important to understand the distinction between different types of advisors’ roles and what it means for you and your money.