Posts by Petersen Hastings Team
What Does it Mean for an Investment Advisory Firm to be CEFEX Certified?
You may wonder what goes into becoming “CEFEX-certified”? It’s more of a rigorous process than you might think. CEFEX-certified firms adhere to a standard representing the best fiduciary practices in their industry. The standards include specific criteria which have been substantiated by regulation or written in consultation with leading firms. A successfully completed standards-based assessment…
Read MoreWill Inflation Hurt Stock Returns? Not Necessarily.
Investors may wonder whether stock returns will suffer if inflation keeps rising. Here’s some good news: Inflation isn’t necessarily bad news for stocks. A look at equity performance in the past three decades does not show any reliable connection between periods of high (or low) inflation and US stock returns. Since 1991, one-year returns on…
Read MorePursuing a Better Investment Experience
Whether you’ve been investing for decades or are just getting started, at some point on your investment journey you’ll likely have questions regarding how to improve your odds of investing success. Petersen Hastings is here to help. Learn more about the 10 key principles, using data and reasoning, that may help improve your odds of…
Read More3 Questions to Consider When Searching for a Financial Advisor
Managing your investments and developing a financial plan on your own can be stressful and difficult. More mistakes are commonly made relative to good decisions. To eliminate this complexity, some people choose to hire a financial advisor. Having someone in your corner provide guidance on the accumulation of assets and growth of a balance sheet can…
Read MoreBulls, Bears, and Long-Term Benefits of Stock Investing
Stock returns are volatile, but nearly a century of bull and bear markets shows that the good times have outshined the bad times. From 1926 through 2020, the S&P 500 Index experienced 17 bear markets, or a fall of at least 20% from a previous peak. The declines ranged from —21% to —80% across an average length of…
Read MoreTales from the Crypto: How to Think About Bitcoin
Bitcoin and related cryptocurrencies (now numbering in the thousands) are the subject of much debate and fascination. Given bitcoin’s dramatic price changes, it is not surprising that many are speculating about its possible role in a portfolio.
Read More8 Tax Planning Steps to Take Before You File
Rushing to file your tax return before the deadline may mean making mistakes that could have been avoided. Even now, there is still plenty you can do to plan ahead and prepare before filing your taxes. Here are eight steps designed to help tax filers save money and avoid surprises when filing this year.
Read MoreNational Cyber Security Awareness Month
Now in its 17th year, National Cybersecurity Awareness Month (NCSAM) continues to raise awareness about the importance of cybersecurity across our Nation, ensuring that all Americans have the resources they need to be safer and more secure online.
Read MoreSaving Tips for Millennials: How to Create a Financial Plan for the Future
For Millennials, financial obligations are more overwhelming than they were for both Generation X and Baby Boomers before them. A lot of Millennials are delaying important things like saving for retirement or typical milestones like buying a house. Many Millennials’ financial habits aren’t ideal, but that’s because many are too worried about today’s obligations to prepare for the ones they’ll face…
Read More4 Options to Give Your Old 401(k) a Fresh Start
When workers change jobs, many forget about their old employer’s 401(k) or decide to cash out their retirement savings, paying taxes and often penalties in the process. The Wall Street Journal recently reported about 30% of workers leaving jobs elect to cash out their 401(k) accounts and pay taxes – and often 10% penalties1. Is…
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