Stay Wealthy San Diego Podcast, "Building a Business and Creating Wealth that Lasts" with Dale Yahnke

Dale Yahnke sat down with Taylor Schulte (from Stay Wealthy San Diego) to discuss Dowling & Yahnke's pioneering fiduciary business model, its founding, how it has benefited clients, and exploring the firm’s growth and success over the past 26 years.  You can listen to the full podcast, as well as read an excerpt, below.

 

Interest Rates on the Rise: What Does This Mean for the Stock Market?

The Federal Reserve (Fed) raised interest rates for the second time this year.  The Fed’s policy-setting committee raised the interest rate at which banks lend overnight funds to other banks by 0.25% to a range of 1.00% to 1.25%.  The markets were widely anticipating the increase, with the move signaling Fed optimism about the overall health of the U.S. economy.  While indications of an improving economic landscape are usually celebrated by Wall Street, many investors continue to worry about the effects of future interest rate hikes on stocks and bonds.

How Lifestyle Inflation Is Affecting Your Savings

You may have heard the phrase “lifestyle inflation,” or seen articles about families making well over six figure incomes and still living paycheck to paycheck.  This phenomenon is also known as “lifestyle creep” and refers to the tendency to let spending rise as income rises.

What Should You Do When Markets Hit New Highs?

2016 began with a bang (in a bad way) — with the stock market falling in a hurry. In fact, it was the worst 10 day start to a calendar year in history. From the beginning of the year to January 15th, the U.S. stock market (as measured by the S&P 500 Index) had dropped over 8%.  The S&P 500 hit its low for 2016 on February 11th, 6 closing at 1829.08, a decline in excess of 10.5% for the year.

8 Things to Know About the New College Borrowing Season

Most families end up borrowing to cover college costs.

More than 70 percent of college students rely on loans when pursuing a bachelor’s degree and many parents borrow as well.

The college loan season starts on July 1 when the federal government makes federal loans available for the 2016-2017 school year.

With the college loan season upon us, here are eight things you should know about college loans:

Celebrating 25 Years of Service to Our Clients

At the tail end of what had been a relatively quiet quarter, global stock markets suffered a sharp two-day sell-off following the surprise vote on June 23rd by the United Kingdom to exit the European Union.  Despite the dire predictions made immediately after the vote, the decline was short-lived.  The major global indices rebounded to pre-Brexit levels or higher by the end of the quarter.  In fact, the second quarter ended on a positive note for most asset classes.

Asset class returns for the quarter and year-to-date were as follows:

Eight Tips for Beginning Investors

Beginning Investors' Piggy BankOne of the best ways to become financially secure in retirement is to develop solid financial habits early in life.

Appreciating the need to begin investing at the start of a career is critical, as is making sure debt doesn’t get out of control.

Here are eight things that young Americans can do to increase their chances of a secure retirement.