Archive for October 2024
Why Did 10-Year Treasury Yields Increase After the Initial Fed Interest Rate Cut?
INVESTMENT COMMITTEE COMMENTARY October 2024 Equities began October on an upswing due to a better than expected September jobs report. Based on economic data early in the month, the Dow Jones Industrial Average and the S&P 500 hit record highs. However, investors began moving away from risk equities as disappointing earnings data from big tech…
Read MoreRolling Over 529 Funds to a Roth IRA
When discussing the benefits of utilizing a 529 plan for higher education costs, we find one concern continues to give clients pause regarding how much they contribute to the account, “What if my child doesn’t utilize all the funds?” or “What if my child doesn’t utilize the account at all?” Until recently, the only answer…
Read MoreJMG Announces New Principal
We are pleased to announce that Eric Berkowitz has been promoted to Principal at JMG Financial Group. Eric has been instrumental to the recent growth of the firm. “I have benefitted greatly by the supportive culture of our firm that prioritizes giving back to our clients while also investing in career growth. Doing right by all…
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