MRA Advisory News
MRA Advisory News
Planning to retire early? You need to figure out what to do next
Who doesn't love the sound of an early retirement? For many busy executives and business owners, slowing down and enjoying your financial success early in life becomes a primary goal. But before focusing solely on whether you can retire early financially, also...
Should I use my 401(k) to fund my child’s education?
You can, but it isn't your best option. Your 401(k) plan should be dedicated primarily to your retirement. There are two primary drawbacks to using your 401(k) for college funding. First, if you withdraw funds from your 401(k) before you are 59½, you will owe a 10%...
MRA High Yield Savings APY 4.71%*
Have you considered the cash you keep at banks or other financial institutions? We’ve put many clients into the Federally Insured Cash Account (“FICA”). FICA offers: 1. A rate of 4.71% APY* starting today August 7, 2023 (an increase from the current...
Market Recap: Week Ending August 4, 2023
Stocks endured a losing week for the first time since early July. Each of the benchmark indexes listed here lost value, with the S&P 500 and the Nasdaq suffering the steepest weekly declines since March. Investors dealt with the downgrade of the U.S. government's...
Market Recap: Week Ending July 21, 2023
Last week saw stocks close generally higher, with only the tech-heavy Nasdaq slipping lower. The Dow extended its winning streak to 10 straight sessions, its longest run since August 2017. Investors, probably anticipating another 25.0 basis-point hike from the Federal...
Market Recap: Week Ending July 7, 2023
Stocks fell for the second straight week, with each of the benchmark indexes losing ground. The Dow led the declines, followed by the Global Dow, the Russell 2000, the S&P 500, and the Nasdaq. Although the employment report for June (see below) showed a moderate...
~ * Happy Independence Day from MRA * ~
Marco Lima, CFP® named to AdvisorHub’s “Fastest Growing Advisors to Watch” for the 2nd Time
On June 20th, 2023 AdvisorHub released their list of “Fastest Growing Advisors to Watch” and MRA Advisory Group is pleased to announce that Marco Lima, CFP®, CFO, Wealth Advisor was, once again, included in their list! AdvisorHub’s...
College Grads: Now is the Time to Establish a Credit History
Congratulations graduate, you've accomplished great things! Retirement is probably the last thing on your mind but it's never too early to get started with a plan. Small steps have a big impact. We can help with that. We offer complimentary 1st meetings with our...
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