Drake & Associates Blog

27Jun 2017

If you’re not careful, how you deal with your dollars could determine whether you get divorced. Drake & Associates financial professional, Luke Eskau, joins FOX6 Real Milwaukee with tips for managing money in a marriage. Start Talking Start the conversation by laying out your individual financial situation and listening to where your partner is at. […]

26Jun 2017

Weekly Market Update – June 26, 2017 Last week, markets kept relatively quiet despite the continuing drop in oil prices. The S&P 500 rose by 0.21%, the Dow increased by 0.05%, and the NASDAQ—the week’s best performer—jumped 1.84%. Internationally, the MSCI EAFE fell by 0.20%. Asian markets remained relatively mixed while European markets were down […]

21Jun 2017

Mid-year is a great time to look over your finances. Staying on track can be tough. Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 on about how to get your finances in order. He has five tips to get you ahead of the financial game before the end of the year! 1. Look at Your […]

19Jun 2017

Financial envy is even more of a thing now than it was back in 1913 when cartoonist Arthur R. “Pop” Momand debuted the comic strip “Keeping Up with the Joneses,” which centered on the misadventures of Aloysius P. McGinnis and his family, who were always trying to keep up with their never-seen neighbors, the Joneses. […]

19Jun 2017

Weekly Update – June 19, 2017 Markets remained mixed last week as the Dow closed at another record high, while the NASDAQ fell and the S&P 500 held steady. By Friday, the Dow gained 0.52%, the NASDAQ fell -0.92%, and the S&P 500 gained a slight 0.05%. Meanwhile, the MSCI EAFE remained virtually unchanged from […]

12Jun 2017

Weekly Market Update – June 12, 2017 Markets last week were mixed with leading tech stocks falling dramatically as some investors pulled profits. The NASDAQ took the biggest hit, finishing 1.55% down on the week—its worst week of the year. Meanwhile, the Dow rose 0.31% for the week, notching another record close on Friday. The […]

07Jun 2017

The Fiduciary Rule impacts anyone saving for retirement, and that should be all of us! Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 about what this new rule means for investors. Some financial professionals, including broker dealers, insurances salespersons and advisors, are only held to the “suitability standard,” which requires them to make investment recommendations […]

05Jun 2017

Weekly Market Update – June 5, 2017 Last week, the S&P 500, Dow, and NASDAQ closed at all-time record highs. The S&P 500 rose 0.96%, the Dow gained 0.6%, and the NASDAQ grew by 1.54%. Meanwhile, the MSCI EAFE gained 1.64% for the week. Despite strong equity markets, bond yields dropped to their lowest point […]

31May 2017

Be careful when you book your summer fun! From fake vacation deals to bogus concert tickets, scammers are out in full force. Financial professional Brad Allen shares some tips with Milwaukee’s WTMJ-4 to help people protect their hard earned money from scammers. Top 4 Summer Scams 1. Summer Travel Scams – 15 million online hotel […]

30May 2017

Weekly Market Update – May 30, 2017 The markets marched ahead last week with the S&P 500 and the NASDAQ reporting all-time records, albeit just slightly above previous highs. The S&P rose 1.43% over last week, while the NASDAQ was up 2.08%. The Dow gained 1.32% and the MSCI EAFE gained 0.14% for the week. […]

23May 2017

Millions of college students will graduate this spring! It’s the debt that keeps on growing – student loan debt now tops $1.4 trillion! New numbers show here in Wisconsin, 70% of college students graduate with debt, and the average is $29,460. But getting a tassel doesn’t have to be a financial hassle. Financial advisor Nick Foulks […]

22May 2017

Early last week, both the S&P and NASDAQ recorded all time highs before tumbling along with the Dow as political concerns rose. By Friday, though, the markets had largely rebounded and steadied. The S&P 500 closed the week down 0.38%, the Dow saw a 0.44% loss, and the NASDAQ reported a 0.61% decline. The MSCI […]