Drake & Associates Blog

07Sep 2017

Many parents are spending thousands of dollars a year so their kids can play competitive sports. The cost of competition is putting their finances and retirement at risk! Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 to share tips on how to find a balance between kids’ athletic teams and parents’ retirement dreams. 1. Be […]

05Sep 2017

Market Update: September 5, 2017 Last week gave a number of things for both investors and non-investors to think—and worry—about. From North Korea’s missiles to Hurricane Harvey’s devastation to an unemployment uptick, the headlines were busy. Yet, despite these circumstances, U.S. stocks posted gains again this week—and the NASDAQ ended Friday with a new record […]

30Aug 2017

The devastation left behind by Hurricane Harvey has left many Americans looking for a way to help. Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about how to make sure you make the most of your donation: There are many legitimate charities that have set up special ways to donate specifically to the victims of […]

28Aug 2017

Weekly Update – August 28, 2017 After several weekly losses, the major domestic indexes all ended in positive territory on Friday, August 25. The S&P 500 gained 0.72%, the Dow was up 0.64%, and the NASDAQ added 0.79% for the week. International stocks in the MSCI EAFE also increased by 0.58%. Last week provided a […]

21Aug 2017

Weekly Update – August 21, 2017 From domestic unrest to international terrorism, last week provided many headlines that could easily rattle the markets. While we did see days with volatility and declines, the major indexes remained relatively flat. For the week, the Dow was down 0.84%, the S&P 500 dropped 0.65%, and the NASDAQ fell […]

21Aug 2017

No one wants to see a clash between two nations with nuclear capabilities. So, when the war-of-words between North Korea and the U.S. reached a new level this month, markets briefly stumbled as investors grew uneasy. While we don’t normally opine on geopolitical events, we wanted to help ease any financial worries you may have […]

16Aug 2017

Every kid wants to sport the latest supplies while walking the halls in style. School supplies aren’t cheap! The back-to-school shopping season is second only to the winter holidays. Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about how to save when shopping for back to school: 1. Set a Budget – Start with a […]

14Aug 2017

Weekly Update – August 14, 2017 Last week, rising tension between North Korea and the U.S. rattled the world’s markets. As the two countries traded tough words, concerns escalated and markets reacted emotionally to the news. Though stress is building internationally, we remain committed to focusing on the market fundamentals that drive long-term value. In […]

07Aug 2017

Weekly Market Update – August 7, 2017 Another week of economic performance brought more news that the markets continue their bullish streak. After eight consecutive record-high closings, the Dow rose above 22,000 for the first time ever and finished the week up 1.20%. The S&P 500 was up 0.19% for the week, and the NASDAQ […]

02Aug 2017

All eyes are on Wall Street as The Dow crossed the 22,000 mark. Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about what the milestone means for investors. Traders on the floor of the New York Stock Exchange cheered Wednesday as the Dow crossed 22,000. It’s an important psychological milestone because it shows how far […]

31Jul 2017

Last week, markets marched ahead within a busy reporting week. The Dow rose 1.16% to close Friday on another new high. The S&P 500 notched a record high during the week, despite closing the week slightly down 0.02%. Meanwhile, the NASDAQ slipped 0.20%, and the MSCI EAFE rose 0.21%. Generally strong corporate earnings reports helped […]

26Jul 2017

If you put off your holiday shopping until November or December, it will likely cost you more money, time and stress! Financial advisor Brad Allen talks with Milwaukee’s WTMJ-4 about why it’s time to embrace Christmas in July! He shares 4 tips to get started: 1. Put Pen to Paper – If you do nothing […]