Drake & Associates Blog

02May 2016

Bad money habits can happen to best of us, and they can cost us big-time. They can also be extremely hard to break! Why wait? Financial Advisor, Nick Foulks, talks with FOX-6 Studio A about how to break your 5 bad money habits. 1. Emotional spending 2. Lending money 3. Comparing your money situation 4. […]

02May 2016

Weekly Market Update – May 2, 2016 As of Friday, the S&P 500 is on the second-longest bull market run in history, surpassing the 1949-1956 bull market that lasted 2,607 days. The longest bull market in history ran between 1987 and 2000, lasting nearly 4,500 days. [1] After months of volatility and challenges on the […]

26Apr 2016

We know dogs are man’s best friend, but could they be your wallet’s best friend too? Financial Advisor, Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 about 5 ways owning a pet can save you money. Click here to learn more about Pet Protection Agreements.

25Apr 2016

Weekly Market Update – April 25, 2016 Stocks ended last week mixed on earnings that were largely better than expected,though the tech sector disappointed. For the week, the S&P 500 gained 0.52%, the Dow grew 0.59%, and the NASDAQ lost 0.65%. [1] First-quarter earnings reports drove a lot of market activity last week. Though analysts […]

20Apr 2016

Earth Day (April 22nd) is the perfect time to think about reducing our environmental footprint. What if the steps we took to go green, could also save us green?! Financial professional Mike Williams talks to Milwaukee’s WTMJ-4 about five things we can do to help our world and our wallet. Upgrading to energy efficient appliances […]

18Apr 2016

Weekly Market Update – April 18, 2016 Stocks rallied again last week on better-than-expected earnings and some reassuring news about China’s economy, giving the Dow its best weekly performance since mid-March. [1] For the week, the S&P 500 gained 1.62%, the Dow added 1.82%, and the NASDAQ grew 1.80%. [2] Earnings reports are trickling in […]

11Apr 2016

Weekly Market Update – April 11, 2016 Stocks tumbled last week on downward revisions to U.S. economic growth and worries about global growth. [1] For the week, the S&P 500 fell 1.21%, the Dow lost 1.21%, and the NASDAQ gave up 1.30%. [2] After a rosier-than-expected fourth quarter, economic forecasts suggest that the economy barely […]

08Apr 2016

Identity theft is everywhere – and it’s become big business for fraudsters. April 16 is National Secure Your ID Day – a day to take steps to protect yourself from identity theft and get your finances in order. Financial advisor, Nick Foulks talks with Milwaukee’s FOX6 about ways to protect yourself: Click here to get […]

06Apr 2016

With the tax deadline just around the corner, the pressure is on for people who still haven’t filed their taxes. Financial professional Brad Allen talks with Milwaukee’s WTMJ-4 about some last minute tax tips to help procrastinators. Click here to file an extension. Click here to track your return.   Drake & Associates does not […]

06Apr 2016

Sorry, Class of 2016. You will likely be at least 75 before you can retire. That’s more than a decade later than today’s average retirement age of 62. If today’s college grads want to retire earlier, they will need to make some tough financial decisions in their 20s. Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 […]

04Apr 2016

Weekly Market Update – April 4, 2016 After a rocky start to the year, most stocks ended the first quarter slightly higher, which is remarkable considering the negative sentiment that caused stocks to selloff in the early weeks of 2016. For the quarter, the S&P 500 gained 0.77%, the Dow grew 1.49%, and the NASDAQ […]

29Mar 2016

Time is running out for some valuable Social Security strategies that could boost seniors’ income by thousands of dollars. Seniors who qualify need to file before April 29th. 2016. Financial Advisor, Mike Williams, talks with Milwaukee’s WTMJ-4 in the video below about those key strategies and how seniors can take advantage before it’s too late. […]