The Fed is currently holding interest rates steady, with the Fed Funds rate range between 5.25%-5.5%.
Because of high interest rates, cash is hot. We haven’t seen interest rates on cash/cash equivalents this high since before the Great Financial Crisis. The Fed has also indicated that...
by Glenn J. Downing, MBA, CFP®
At CameronDowning we work with a lot of young professionals. These are people who are well-educated, hard-working, and striving for good things in life. They come to us for financial organization – to get their life’s financial...
The Federal Reserve meets again on June 13th-14th for its periodic Federal Open Market Committee (FOMC) meeting. This meeting is a critical one. There is a general expectation that the Fed will finally pause historic rate increases at this meeting. To illustrate the point, a May 23rd Forbes...
by Glenn J. Downing, MBA, CFP®
There's a lot of financial stress out there - we hear it from our clients. People who don't have a financial worry in the world are afraid. And, given two high profile bank failures recently and the release of the Durham report last week, I suspect...
How to get a big pay hike
If you want a big pay hike, sometimes the only way you're going to get it is by jumping ship to a new employer who values your skill set and experience and is willing to pay for it. Otherwise you may have to settle for an annual cost of living increase. People...
No More Revenge Spending
There’s a new term out there – revenge spending. When people were hunkered down during COVID, they couldn’t go out to spend. When things opened up, people took their revenge on the lockdowns and spent like never before. And the...
January of 2023 kicked off with a bang. We’re in the midst of a stock market rally that we haven’t seen in over a year. The market rose, and rose, and kept rising – all in the last 8 weeks. We’re far from all-time highs, and expect that to be the case...
Have we reached a stock market bottom yet?
"Are you kidding me? After the big price drops we've seen the last few days?"
We get it. Pessimism is popular right now. But here we give you an optimist’s case for the market:
Look at the three major stock market benchmarks – the Dow...
By Glenn J. Downing, MBA, CFP®
I began Part I - New Asset Class with this statistic: one in five people in the US have invested in or used cryptocurrency. As Bitcoin becomes more widely accepted – indeed, Fidelity is offering it in 401K accounts – it is high time for...
By Glenn J. Downing, MBA, CFP®
I was astonished to hear this statistic: one in five people in the US have invested in or used cryptocurrency. That means that Bitcoin is indeed a thing, and it is time for me to write about it.
And there’s a lot to write. I’m...
by Glenn J. Downing, MBA, CFP®
The foundation for any sort of financial planning begins with cash flow management. Income -expenses = dollars available to be invested toward future goals. We’ve worked with people from all walks of life who have cash flow issues, including...
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By Glenn J. Downing, MBA, CFP®
What might an employer do to incentivize the workforce? Make his employees owners. Gives them an entirely new perspective on the job. What employee-owned businesses do you know? Does Southwest Airlines come to mind? The flight...
