Entering text into the input field will update the search result below

Money And Marriage: Asset Allocation Daily

Aug. 01, 2018 1:13 PM ET21 Comments
SA For FAs profile picture
SA For FAs


  • ING Economic and Financial Analysis: Look for a forceful statement from the Fed today on future rate hikes.
  • Tipswatch projects a 2019 COLA increase of 3.1% to 3.2% for Social Security recipients.
  • Thought For The Day: Those getting married should not defeat their objective of an independent life with a ceremony that sinks them into debt, as 74% of couples are doing.

Today's Fed Meeting

"A rapid economic expansion, above-target inflation and a slice of better news on trade could mean a more forceful statement of intent from the Federal Reserve…" (ING Economic and Financial Analysis)

Social Security COLA

"I would project that monthly inflation will average 0.20% to 0.25% over the third quarter, which would translate to a 2019 COLA increase of 3.1% to 3.2% for Social Security recipients...AARP estimates that on average, U.S. recipients of Social Security receive $1,404 a month, or $16,848 a year. A 3.1% increase would push those numbers up to $1,448 a month and $17,370 a year." (Tipswatch)

Weakening Market, Weakening Resolve

"If you have top down reasons to sell something, go ahead and sell it and if you really think that ABC's or XYZ's decline means that it will go out of business then sell it. But it is crucial to discern when emotion is winning out over reason and discipline." (Roger Nusbaum)

Thought For The Day

When my wife and I married just shy of 24 years ago, we had a budget to work with to pay for the wedding expenses. Accordingly, my wife and I agreed we wouldn't go any further down the family tree in our invitations than our parents' first cousins. It so happened that my mother's cousin asked if we could invite his children and their families as well, thinking our wedding would be a good experience for them. We awkwardly explained that we had to limit the number of people attending, to which this cousin, an exceedingly wealthy man, hinted that we'd have no need for concern. He didn't want to embarrass us by crassly saying that his gift would more than make up for the cost. I didn't want to embarrass him either, but my concern was less about the costs of adding his children than that other cousins from that

This article was written by

SA For FAs profile picture
GIL WEINREICH - Author of "The Mentor," a unique parable for financial advisors and those who aspire to become one. I have worked in the FA arena since 1997, and during that time, the New York State Society of CPAs twice awarded its prestigious Excellence in Financial Journalism award to me for a monthly column I wrote on business ethics. Previously, I reported on international news for Voice of America (where I was awarded a newsroom writing award) and prior to that worked as an editorial assistant at U.S. News and World Report. I live with my wife and children amidst the verdant and vibrant hills and dales of Jerusalem.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.