July Market Review

July Market Review

The S&P 500 rose 1.3% and the Dow Jones Industrial average fell 1.1% in July. 10-year US Treasury bonds returned 1.0%. 30- year US Treasury bonds returned 2.3%. Healthcare and Utility sectors led the way again returning 1.9%. Gold was up 1%. Crude oil prices rebounded 3.1%. These returns give the appearance of a low […]

DARK HORSE WEALTH 2ND QUARTER REVIEW

DARK HORSE WEALTH 2ND QUARTER REVIEW

Market Review The S&P 500 fell 3.3% and the Dow Jones Industrial average dropped 2.5% in the 2nd quarter. Meanwhile, 10-year US Treasury bonds returned 5.8% and 30-year US Treasury bonds returned 12.7% in the 2nd quarter. Healthcare and Utilities are the only two sectors to end the quarter in the green with utilities leading […]

Have You Saved Enough to Retire?

Have You Saved Enough to Retire?

This article appeared in the Cazenovia Republican on July 4th 2012.  Some people saving for retirement have always driven a Mercedes and they make retirement plans so they can drive one in retirement. These investors with half million or more in retirement assets have a hands-on financial adviser who will help them make an estimate […]

May Market Review

May Market Review

WHAT WE DO Dark Horse Wealth provides investment management services to individuals and businesses. We service IRA, 401 (k) and taxable accounts. MARKET RECAP Safety and income strategies paying off. Boring old US Treasury bonds outperform. The Dow Jones Industrial Average fell 6% in May. Oil plunged $18 a barrel to end month at $86. […]

WaPo Lays Out 401 (k) Fee Disclosure Issues

WaPo Lays Out 401 (k) Fee Disclosure Issues

This article in the Washington Post lays concisely lays out how sponsors/employees in many cases are paying a lot more than they think for their 401 (k). It isn’t unusual to find 401(k) plans with total costs paid by the participant exceeding 3 percent of account total annually, with investment choices limited to subpar proprietary […]

How Much Are You Paying Your 401(k) Broker?

How Much Are You Paying Your 401(k) Broker?

One of classic retorts that we hear from potential retirement plan clients is: “We don’t pay our plan adviser/broker.” Our response to that is that if you don’t know how much your plan broker or adviser are being paid, or better yet how they are being paid, you probably paying a lot. What many 401(k) sponsors […]