Market CommentaryInvestment Oversight
Market Update – June 7, 2024
Through Thursday the S&P is up 1.06% this week, hitting an all-time high. Nasdaq stocks were a big contributor to the advance, rising 2.6% this week…
2 min read · June 7, 2024
Insights
Articles, Market Updates, and News
All insights are organized by OmniStar's 10 Elements. Sort by topic or by one of our elements.
- Market CommentaryInvestment Oversight
Market Update May 31, 2024
Could the Bear be awakening from hibernation? As I mentioned last week, the old adage “Sell in May and stay away” would not have fared very well the past…
2 min read · May 31, 2024
ArticleEstate PlanningThe Vital Lifeline in Finance: The Value of a Second Opinion on Your Financial Wellness Plan
In a world where the complexity of personal finance is more pronounced than ever, the pursuit of financial wellness can often feel like navigating a…
3 min read · May 31, 2024
- Market CommentaryInvestment Oversight
Market Update – May 24,2024
It has been a wild week on Wall Street. Nvidia reported strong first quarter earnings, resulting in another record high, closing at $1037, up 9.32% for…
2 min read · May 24, 2024
ArticleInvestment OversightThe Importance of Measurement in Personal Financial Management
The principle “If you can’t measure it, you can’t manage it” applies not only to business and organizational contexts but is equally vital in personal…
4 min read · May 24, 2024
- Market CommentaryInvestment Oversight
Market Update
May 10,2024 The Dow Jones Industrial Average is on a remarkable 7-day winning streak. This consistent upward trend is a positive sign for the market…
2 min read · May 10, 2024
ArticleRetirement IncomeSocial Security Planning
Recently in a meeting Phil and I were talking to someone, and he brought up a very interesting strategy. He mentioned that he and his wife were talking…
2 min read · May 10, 2024
ArticleRetirement IncomeNavigating the Promise And Peril of Backdoor Roth IRAs
In the ever-evolving landscape of retirement planning, savvy investors are always on the lookout for strategies that can maximize their savings while…
4 min read · May 8, 2024
- Market CommentaryInvestment Oversight
The Fed Provides Some Clarification
The market closed strong on Tuesday in anticipation of The Federal Reserve’s announcement on interest rates and the fate of our economy. Federal Chairman…
1 min read · May 3, 2024
Market CommentaryInvestment OversightWilmington Economics: Tourism
I am very fortunate to live in Wilmington, NC. We have beautiful beaches, a thriving downtown area, incredible restaurants, and a wonderful neighborhood…
2 min read · May 3, 2024
- Market CommentaryInvestment Oversight
Market Update April 26, 2024
It’s been a rollercoaster week for the market. At the close of market on Thursday, the S&P 500 was up 1.75% for the week and 6.01% year-to-date…
1 min read · April 26, 2024
ArticleRetirement IncomeAffordable Housing
Have you heard the groans of college grads and young professionals, overwhelmed because they can’t find an affordable house? We have, and we believe…
2 min read · April 26, 2024
ArticleTax StrategiesPresident Biden’s Fiscal Year 2025 Budget Proposal
In the latest budget proposal from the Biden administration, significant changes to tax policies are on the table, and they are aimed at you. President…
3 min read · April 3, 2024
ArticleTax StrategiesDebunking the 50/30/20 Rule
One of my favorite quotes by Albert Einstein is, “Every problem should be simplified as far as possible, but no further.” The 50/30/20 rule fails his…
4 min read · March 28, 2024
ArticleTax StrategiesBeware of Scams During Tax Season
It’s tax season! Around this time every year, the Internal Revenue Service (IRS) publishes its Dirty Dozen—a list of scams used by criminals for the…
3 min read · March 15, 2024
ArticleInvestment OversightExploring Investment Opportunities for Disabled Family Members
Navigating the world of finance and investment can be challenging, and for families with disabled members, the complexity of these waters is often…
4 min read · March 10, 2024
ArticleRetirement IncomeBetter Than Chocolate or Roses for Your Valentine
Good communication in relationships isn’t just about sweet nothings—it’s also about financial transparency and making good decisions. According to a 2021…
2 min read · February 9, 2024
ArticleRisk ManagementMedicare Enrollment Considerations
If you are nearing age 65, it is likely time for you to start thinking about Medicare. Medicare can be complicated, especially for high-net-worth…
3 min read · February 5, 2024
ArticleRetirement IncomeSecure Act 2.0: Contribution Limit Changes
Signed into law in December 2022, Secure Act 2.0 set in motion sweeping retirement plan reform last year. Keeping in mind those changes, we would like to…
2 min read · February 2, 2024
ArticleEstate PlanningFamily Governance
Family governance is one of OmniStar’s 10 Elements of wealth management. What is family governance and why does it matter? We’ll save the history lesson…
3 min read · January 12, 2024
Market CommentaryInvestment OversightYear in Review: 2023
We hope you and your loved ones found time to break bread and share stories from 2023 over the Christmas season. In keeping with our Year-in-Review…
9 min read · January 5, 2024
ArticleTax StrategiesWhy Strategic Asset Allocation Strategies are Essential for Your Portfolio
Asset allocation refers to the process of dividing your investment portfolio into various asset categories such as stocks, bonds, and real estate…
2 min read · July 3, 2023
Market CommentaryInvestment OversightHalfway There – Economic Update and Outlook 2023
Market performance this year has been a “headscratcher.” In the face of macroeconomic resistance, the market has prevailed – for now. The three major…
5 min read · June 9, 2023
ArticleInvestment OversightThe Benefits of Pension Plans and How to Choose the Right One
Saving for retirement is one of the most important investments we can make in our lives. Pension plans are an excellent way to ensure that you have…
3 min read · May 29, 2023