Drake & Associates Blog

14Mar 2016
weekly market update

Weekly Market Update – March 14, 2016 Stocks closed out their fourth week of gains as investors gained confidence from higher oil prices and aggressive moves by the European Central Bank. For the week, the S&P 500 rose 1.11%, the Dow grew 1.21%, and the NASDAQ added 0.67%. [1] Last week marked the seventh anniversary […]

09Mar 2016

It doesn’t hurt to ask; a little haggling could add up to big savings. Financial professional, Nick Foulks, talks with Milwaukee’s FOX-6 about 5 bills you may not know you should negotiate: 1. Dry Cleaning 2. Credit Cards 3. Furniture 4. Phone, Internet & Cable 5. Medical Bills Click here to calculate how much you […]

08Mar 2016

Planning a vacation for spring break? You may think your budget only matters when it comes to booking flights and hotel rooms, but many of us spend way too much while we’re actually on vacation! Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 about ways to avoid letting your “getaway” get the best of your finances. […]

07Mar 2016
weekly market update

Weekly Market Update – March 7, 2016 Markets closed out a third week of gains, putting the Dow at a two-month high and erasing much of the year’s losses. Higher oil prices and an upbeat February jobs report contributed to the rally. [1] For the week, the S&P 500 increased 2.67%, the Dow added 2.20%, […]

02Mar 2016

Are you on track for a secure retirement or in danger of falling short? It’s a tough question to answer when you’re still decades away from retiring. CERTIFIED FINANCIAL PLANNER™ Tony Drake talks with Milwaukee’s WTMJ-4 about new guidelines that are designed to help savers stay on track throughout their careers. Retirement Savings Goals Age […]

29Feb 2016
weekly market update

Weekly Market Update – February 29, 2016 Markets closed out another solid week of gains on the back of higher oil prices and some positive economic data. For the week, the S&P 500 increased 1.58%, the Dow grew 1.51%, and the NASDAQ added 1.91%. [1] Investors got their second look at fourth-quarter 2015 Gross Domestic […]

23Feb 2016

Don’t let money cause problems in your relationship! It may not seem romantic, but avoiding it could cost you – money issues is one of the leading causes of divorce! Financial professional, Nick Foulks, talks with Milwaukee’s FOX 6 about the 5 secrets of a financially happy relationship. 1. Find Compromise 2. Pool Your Money […]

22Feb 2016

Our wallets are feeling an extra pinch this year, thanks to the price increase of some common consumer goods. Financial Advisor, Mike Williams, talks with Milwaukee’s WTMJ-4 about the “America Saves” initiative and 5 ways to help you start saving. 1. Design a Budget 2. Track Your Spending 3. Cut Extra Expenses 4. Don’t Blow […]

22Feb 2016
weekly market update

Weekly Market Update – February 22, 2016 Markets closed out their best week of the year last week, buoyed by higher oil prices and positive economic data that reassured some recession worriers. For the week, the S&P increased 2.84%, the Dow grew 2.62%, and the NASDAQ added 3.85%. [1] After tumbling for weeks, oil prices […]

16Feb 2016
weekly market update

Weekly Market Update – February 16, 2016 Markets ended another volatile week lower despite a bounce in oil prices. For the week, the S&P 500 lost 0.81%, the Dow fell 1.43%, and the NASDAQ dropped 0.59%. [1] Amid volatile stock prices and disappointing global economic news, you may have heard a lot of chatter on […]

15Feb 2016

Divorce can be one of the most difficult and stressful times in a person’s life, and it’s easy to make major money mistakes. Nick Foulks talks with Milwaukee’s WTMJ-4 about how couples can avoid the biggest financial “gotchas” involved in a break up and how to make sure their assets get divided equally. Take a […]

10Feb 2016

More than one-third of couples are starting married life on the wrong financial foot by racking up debt to pay for their big day. The average wedding now tops $31,000. That’s more than half of what most people make in a year! Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 with tips for happy couples on their […]