At HK Financial Services, our team’s priority is to build your unique wealth management strategy around what is most important to you – your goals, dreams, and time horizons. By combining the expertise of your CPA firm and the wealth management expertise of HKFS, you experience an all-encompassing and tax-efficient approach to financial planning.
Last Week: Global markets gyrated last week, driven by trade news. Stocks traded off sharply in the first part of the week on a perceived escalation of U.S.-China trade tensions, then rallied on signs of progress toward
Overview: Stocks ended the holiday-shortened week of Thanksgiving in positive territory despite increased U.S.-China trade risk. After President Trump signed a bill supporting Hong Kong's protesters, worries grew concerning a China retaliation against the U.S. The S&P
Overview: U.S.-China trade relations continued to dominate markets last week. Stocks retreated from their multi-week rally, with the S&P 500 down about -0.3% for the week. Midway through the final quarter, major stock indices around the
Overview: The winning streak for stocks around the globe continued last week on optimism for a “Phase 1” trade agreement between the U.S. and China, as well as above consensus corporate earnings. Emerging market stocks led
November is Long-Term Care Awareness month. Long-term care refers to a variety of different services aimed at keeping individuals independent for as long as possible. Services could be provided in a home setting, adult day care center,
Overview: Global stocks notched a third straight week of gains on the heels of third quarter earnings, ongoing U.S./China trade talks, and progress in Brexit negotiations. Both U.S. stocks (S&P 500) and international (MSCI EAFE and EM)
Overview: Stock markets rallied Tuesday on news of a trade agreement between the U.S. and China before leveling off midweek on mixed economic news. Global stocks benefited from generally good third quarter earnings and easing geopolitical tensions. International
Overview: Markets traded with heightened volatility last week as investors looked for direction from economic data. Stocks sold off sharply early in the week, as the U.S. ISM manufacturing index fell to 47.8 in September, a multi-year
Cash Balances and Why to Focus on it During Financial Planning
By Jared Barkmeier, CFP®, Associate Financial Planning Consultant
A common question we receive from clients is “how much cash should I have?” It is a simple question that can have a complicated answer because there is no single answer.
Overview: Global stocks fell in the final full trading week of the third quarter, as trade tensions and politics dominated the news. The S&P 500 index was down about 1% for the week. Non-U.S. stocks fell as well,