Key Takeaways from 1Q 2024 New record highs were a theme during the first quarter, from the S&P 500 Index to gold and even bitcoin. The S&P 500 Index ended the first three months of the year up 10.6% and finished at an all-time high twenty-two times during the quarter, or about one-third of all […]
Did you recently start your new dream job? Are you making more income now than ever before? Before the income gets folded into your budget to cover the costs of daily living, take time to stop and think. What are your current expenses? Are you saving enough for retirement? Should you max out your 401k? […]
Mar 28th, 2024
Allegheny Financial Group awards support organizations making a difference in the North Hills area. Pittsburgh, PA, March 19, 2023 — Allegheny Financial Group, a financial planning and investment management firm, announced today the recipients of the 10th Annual Good Neighbor Awards. The five award recipients include Crisis Center North, Girls on the Run Magee-Womens Hospital […]
New Legislation The Consolidated Appropriations Act of 2021 contained significant reforms that impacted many people’s financial lives. This COVID-19 relief bill was hotly debated in the news, but the appropriations bill also changed the Free Application for Federal Student Aid, or the FAFSA. Well guess what? The changes are here! If you are attending college […]
Last fall, the Social Security Administration announced its annual cost-of-living (COLA) adjustment. Around 71 million Americans will receive a 3.2% increase in their Social Security Income benefit for 2024, bringing the 2024 increase back down to earth after last year’s multiple-decade high increase. While the 2024 increase is less consequential than the previous year, discussing […]
Jan 24th, 2024
Key Takeaways from 4Q 2023 After an ugly third quarter and even start to the fourth quarter, markets regained their footing in November and finished the year strongly in positive territory. Consistent with how markets have traded the past 18 months, the pivot coincided with the Federal Reserve’s meeting on November 1. Following that meeting, […]
Allegheny Financial Group advisor Ian Cerminara, CFP®, recently sat down with Director of Research, Joe Clark, CFA, to discuss trending topics in today’s investment world and some considerations to ponder as we approach a new year. A trending way to structure a client’s portfolio is thematic investing. Can you give us an overview of thematic […]
Dec 19th, 2023
No one gets married with the plan to divorce eventually, but it is widely understood that roughly half of all marriages end in divorce. That statistic gets grimmer for second and third marriages. A divorce is one of those events in life that can be overwhelming, both mentally and financially. Divorce can be difficult financially, […]
Nov 30th, 2023