News

Only 26% Of Older Americans Are Retirement-Literate — Find Out If You Can Do Better

A recently published research study in the Journal of Financial Planning shows that financial literacy has a huge impact on having a more financially secure retirement. The research consisted of data collected from roughly 1,200 Americans between the ages of 60 and 75, with at least $100,000 of investable assets – the data set excludes many lower income Americans. Read more

Worsfold Wealth Management Announces Affiliation with Barron’s Hall-of Fame Firm, Carson Wealth

January 4, 2019 – Joel Worsfold, a top 10 Wealth Brokerage Services advisor based in Des Moines, Iowa, today announced he and his team at Worsfold Wealth Management have joined Carson Wealth – an independent, Barron’s Hall-of-Fame nationally ranked advisory firm.  Read more

Wall Street pros aren’t the only investors feeling the heat in the current market plunge

Investors are likely getting more volatility than they bargained for this late in the year.

With the stock market continuing its downward slide, individual investors may be tempted to sell stocks and sit with their cash on the sidelines until the carnage ends. Read more

Pinnacle Financial Group Announces Affiliation with
Barron’s Hall-of-Fame Firm; Rebrands to Carson Wealth

July 20, 2018 – Pinnacle Financial Group, an independent investment and wealth management firm headquartered in Amarillo, Texas, today announced it has joined Carson Wealth, a Barron’s Hall-of-Fame nationally ranked advisory firm.  Read more

Wall Street Managers have cost Americans more than $600 Billion over the Past Decade

Over the last decade, fund managers who oversee the pensions of the nation’s teachers, firefighters, police and other government workers have doubled down on an investment strategy that has cost U.S. taxpayers at least $600 billion, possibly more than $1 trillion, investment data and calculations by Yahoo Finance found. Read more

The Perfect Time to Invest Like Warren Buffett

Published by Rebecca Lake, US News & World Report

Buying and holding harnesses a young investor’s greatest asset: time.

Millennials are big on saving. According to Transamerica, 39 percent of millennials are funneling more than 10 percent of their salary into savings. But investing? That’s a different story. Only one in three millennials invests in the stock market, according to Bankrate. Research from Ally Invest found that fear overwhelmingly keeps young adults from investing.That fear could mean missing out on portfolio growth, but buying and holding early on typically pays off in the long run. Just ask the world’s most successful buy-and-hold investor, Warren Buffett.

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Here’s the ‘problem’ half of retirees now face

While no one is going to throw a pity party, there is a growing “problem” half of retirees face.

With retirement account balances at an all-time high, the percentage of Americans projected to be able to maintain their standard of living in retirement rose 2 percentage points from last year, to 50 percent, according to the most recent data from the Center for Retirement Research’s annual National Retirement Readiness Index. Read more

Will 2018 be another banner year for the stock market? Financial experts make their forecasts

Make it two in a row for the former stockbroker who is now a business professor at the University of Nebraska at Omaha.

For the second straight year, George Morgan has won the annual Omaha World-Herald equity challenge, having made the most accurate forecast for the 2017 closing of the Standard & Poor’s 500, beating out a slate of competitors that includes the area’s top money managers and wealth advisers. Read more

Financial Tips 2018: How to get ahead on taxes, savings and insurance

It’s 2018 and now’s the time to get your finances in order.

To help you and your family make all the right money moves next year, here’s a financial game plan that could help you grow your 401(k), avoid financial ruin and adjust to the new tax rules signed into law by President Trump. Read more

What’ll Cause Next Market Downturn?

Today’s article is by Scott Kubie, CFA, Senior Investment Strategist of Omaha, Nebraska-based Carson Group.

A stock’s long-term value is derived from three factors: growth, cash flow and risk. As the equation below shows, the constant growth model estimates fair value by dividing the cash flow one year from now by the difference between the required rate of return and the constant growth estimate. Read more