Author: 1st Discount Brokerage

Remember the K.I.S.S. principle: Keep it Simple, Save! Retirement is on its way; be prepared! As reported in the Fed’s consumer finance survey, in 2016 the median and mean average family income was $52,700 and $102,700, respectively. The study indicates that 52.1% of Americans have retirement accounts with median assets totaling $60,800 and average assets

Economic reports to be released this week should help clarify the recession/expansion question. S&P Economics sees several key reports pointing to further growth, including a 0.5% gain in April Retail Sales, a 0.3% climb in Industrial Production for April, along with an increase in Capacity Utilization to 79.4%, and a rise in the University of