AUTO PURCHASE: The New Year 20/4/10 Affordability Rule?

Posted on December 29, 2023 by Dr. David Edward Marcinko MBA

By Dr. David Edward Marcinko MBA CMP™

SPONSOR: http://www.CertifiedMedicalPlanner.org

***

http://www.MarcinkoAssociates.com

***

***

The 20/4/10 rule is a guideline designed to help you make a car purchase that’s affordable. Here’s what it represents:

***

***

COMMENTS APPRECIATED

Thank You

***

***

Filed under: "Ask-an-Advisor", CMP Program, Experts Invited, Investing, LifeStyle, Touring with Marcinko | Tagged: , , , , , , , , , , | Leave a comment »

DAILY UPDATE: Another Health System Data Breach as the “Magnificent Seven” Stocks End Mixed

Posted on December 29, 2023 by Dr. David Edward Marcinko MBA

By Staff Reporters

***

SPONSOR: http://www.MarcinkoAssociates.com

***

A health system in Michigan has experienced its second cybersecurity breach this year, affecting more than 1 million patients, according to state officials. Michigan Attorney General Dana Nessel announced Tuesday there was a breach at HealthEC, a vendor that provides services to Corewell Health’s southeast Michigan properties. The breach exposed patients’ personal and medical information.

***

***

With Nvidia and Tesla on the rise, acronyms like FAANG and MAMAA no longer cut it: The top tech giants (Amazon, Alphabet, Apple, Meta, Google, plus Nvidia and Tesla) have now been dubbed the “Magnificent Seven.” Buoyed by the generative AI gold rush, they were responsible for 29% of the S&P 500’s total value.

Here is where the major benchmarks ended:

Here’s where the major benchmarks ended:

  • The S&P 500 index was up 1.77 points at 4,783.35; the Dow Jones Industrial Average was up 53.58 points (0.1%) at 37,710.10; the NASDAQ Composite® (COMP) was down 4.04 points at 15,095.14.
  • The 10-year Treasury note yield (TNX) was up nearly 6 basis points at 3.844%.
  • The CBOE® Volatility Index (VIX) was up 0.03 at 12.46.

The S&P 500, Dow Jones Industrial Average, and NASDAQ Composite are all on track for a ninth consecutive weekly advance. Other parts of the market Thursday turned in mixed performances. The Russell 2000® Index (RUT) fell 0.4% but is still on track for a seventh consecutive weekly gain and has climbed 17% for the year.

COMMENTS APPRECIATED

Refer a Colleague: MarcinkoAdvisors@msn.com

Your referral Count: 0

Thank You

***

***

Filed under: Alternative Investments, Financial Planning, Funding Basics, Glossary Terms, Investing, Touring with Marcinko | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment »

DEFLATION: Another Holiday Surprise?

Posted on December 29, 2023 by Dr. David Edward Marcinko MBA

By Staff Reporters

***

***

Deflation could be arriving this holiday season. Walmart CEO Doug McMillon recently said deflation may be on the horizon, citing a decline in the prices of grocery items such as chicken and eggs. McMillion said that although some items like beef remain expensive, he expects prices on other staples to come down in the coming months.

CITE: https://www.r2library.com/Resource/Title/082610254

It’s the latest welcome news for everyone feeling the squeeze from inflation and rising interest rates.

  • Target Chief Growth Officer Christina Hennington said earlier this week that the average price of basics fell three percentage points between Q2 and Q3.
  • JCPenney announced last month that it planned to keep prices for Black Friday the same or lower than last year.

COMMENTS APPRECIATED

Thank You

***

***

Filed under: "Ask-an-Advisor", Events-Planner, Experts Invited, Funding Basics, Investing, LifeStyle | Tagged: , , , , , , , | Leave a comment »