Bitcoin. That simple word has caused quite a stir recently, leading to many to ask the question: What is it?
Here we go again. Investors had clearly been lulled into complacency by the seemingly unidirectional US stock market. And how can we blame them? It had been over 550 trading days since the S&P 500 index had experienced a daily decline of 5 percent or more. For some, that's practically an investing lifetime.
As I wrote a few months ago, I was a bit underwhelmed by the tax reform legislation passed last year. On the personal income tax side of the law, while I liked the expansion of the standard deduction, the retention of seven progressive income brackets seems absurd. I would have liked the income tax code to become flatter and simplified and these items certainly weren’t achieved.
Marc Ruiz of Oak Partners, Mind on Money: High Expectations Mean Investors Want Innovation and Revenue Growth
I like craft beer. As anyone who is either a beer geek, or even worse has a beer geek in their life, knows, part of the beer geek experience is dealing with scarcity. There always seems to be a recently released, hard to find beer which is just supposed to be great and everyone wants. Often times only the lucky few will obtain the special beer, which they will then either hoard in their "cellar" or share triumphantly with their friends.
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, announces important investments in its people as a result of record performance in 2017 and new tax legislation opportunities. These new investments include the following:
Retirement isn’t something that the young think about. Neither is investment. However, as we age, we devote more thought into these things as our age begins to catch up to us. Our own mortality reminds us that we need to plan for a time when we can’t rely on our bodies to make us money, and relying solely on social security is no longer an option if we want to live comfortably.
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported a record high net income of $68.05 million for the year of 2017, an increase of 17.76% compared to $57.79 million earned in 2016. Fourth quarter net income was $17.99 million, an increase of 18.19% compared to $15.23 million earned in the fourth quarter of 2016. The annual net income comparison was impacted by both positive and negative pre-tax items. It was positively impacted by gains on the sale of investment securities of $4.34 million and gains on the sale of fixed assets and leased equipment of $1.08 million. These positives were partially offset by contributions to the 1st Source Foundation of $2.54 million and software and consulting costs of $1.31 million for the design and implementation planning of...
Horizon Bancorp (“Horizon”) today announced its unaudited financial results for the three-month and twelve-month periods ended December 31, 2017. All share data has been adjusted to reflect Horizon’s three-for-two stock split effective November 14, 2016.
Many investors will remember 2017 as a constructive year for those who may be building a retirement portfolio, saving for a child’s education, or perhaps just investing for future needs and wishes. Currently, the world economy is in a synchronized economic expansion which is driving steady earnings growth upward. Against this backdrop many are considering what is next for 2018 and beyond. Here are a few observations to consider as we move forward:
There’s been some high profile financial press lately proclaiming “The Bull Market in Bonds is Over." Most investment strategists I follow regularly postulate that bonds, U.S. bonds in particular, have been in a bull market trend since for a whopping 37 years, dating back to the hyper inflationary period of the 70’s that was finally boldly addressed by Reagan era Fed chairman Paul Volcker.