Drake & Associates Blog

17Jan 2018

Tax reform is officially in place. Over the next several months, the changes could start adding up. Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 about 5 smart money moves to consider now that it’s in effect. More than 90% of households will get a tax cut this year, and the IRS says we could […]

16Jan 2018

Domestic markets continued their strong start to 2018, posting gains across the board for their 2nd week. The S&P 500 added 1.57% and closed at a new record high on Friday. The index just posted its best 10-day beginning to a year since 2003, with a 4.2% gain so far this year. The Dow also […]

15Jan 2018

When most people think about retirement, they envision a life of freedom. From traveling the world to spending time with grandchildren, everyone’s goals for their golden years are different. No matter your dreams, lasting health will help you enjoy your future. In a recent survey, 81% of retirees said good health is most important for […]

15Jan 2018

The financial world is filled with industry jargon and lingo. To help you understand common terms, we’ve assembled a quick guide for your reference. From life insurance to annuities, use this glossary to understand the financial language in your life. Abeyance: When the owner of a property or title has not been declared. With insurance, […]

11Jan 2018

If you finished the holiday season with debt you are not alone! Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about the 5 things you should have in your holiday hangover kit: 1. Make a Plan – It might be hard to see the debt-free light at the end of the tunnel, so start by […]

08Jan 2018

Weekly Update – January 8, 2018 The first week of 2018 is behind us, and across the globe, stocks experienced a strong start to the year. International stocks in the MSCI EAFE gained 2.44% last week. In the U.S., our major indexes also leapt forward, hitting a number of records and milestones. Domestic Index Performance […]

03Jan 2018

Saving more and spending less are often at the top of the New Year’s resolution list – but only 8% of people actually stick to their goals! Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about how you can pump up your pocket book and get financially fit. When you want to get physically fit, […]

02Jan 2018

In the final trading days of a strong 2017, U.S. indexes lost some ground. During the holiday-shortened week, the S&P 500 dropped by 0.36%, the Dow lost 0.14%, and the NASDAQ gave back 0.81%. A selloff toward the end of the day on Friday contributed to the domestic indexes’ weekly losses. International stocks in the […]

28Dec 2017

Gift cards can be used to teach kids lifelong money lessons! Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about some ways to talk to our kids about spending gift cards to help them build financial success down the road. Helping Kids Redeem Gift Cards Enforce the Limit – A gift card isn’t exactly like […]

27Dec 2017

With the New Year upon us, it brings a fresh opportunity to consider your goals. For 2018, we are taking a different approach to resolutions. Instead of giving you a laundry list of tasks to accomplish, we want to encourage you to make this the year you really own your financial life. Imagine fast forwarding […]

27Dec 2017

While much of the political fire and fury from Congress’ tax plan debate has settled, some of the economic smoke still lingers as financial analysts and private investors plot their way through the new $1.4 trillion law’s long-range ramifications. President Donald Trump signed the historic tax bill into law December 22 following a firestorm of […]

27Dec 2017

As we headed into the long holiday weekend, the markets continued to climb as a new tax reform bill moved forward. For the week, the S&P 500 closed up 0.29%, the Dow rose 0.43%, and the NASDAQ gained 0.35%. International stocks in the MSCI EAFE increased by 1.23%. Before leaving for his holiday vacation, President […]