Articles

MIDYEAR OUTLOOK 2019

The LPL Research Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets is here to provide economic and market guidance as well as investment recommendations to help us navigate the second half of 2019. LPL Financial Research believes that even as investors face prospects for periodic bouts of volatility, emphasizing fundamentals will remain critical for making effective investment decisions. LPL Financial Research’s Midyear Outlook 2019 provides updated views of current fundamentals and factors that should...

The Challenges of Timeshare Ownership

We have all been there. We take a glamorous vacation to Florida or Hawaii or Arizona or Mexico, and we are presented with the deal of a lifetime: a timeshare. Proponents of the timeshare declare it is an affordable way to own a slice of a dream property. Furthermore, often the owners can exchange their ownership to allow them to visit other luxury properties at other locations, domestic and abroad. It sounds like an easy decision to invest in...

NAVIGATING THE MARKETS

By LPL Research Portfolio Compass The Portfolio Compass provides a snapshot of LPL Research’s views on equity, equity sectors, fixed income, and alternative asset classes. This monthly publication illustrates LPL Research's current views and will change as needed over a 3- to 12-month time horizon. COMPASS CHANGES Upgraded precious metals view to neutral from negative/neutral. INVESTMENT TAKEAWAYS Expectations for solid but slower growth in the U.S. economy and corporate profits support our year-end 2019 fair value target for the S&P 500 of 3000.*We maintain...

Choosing an Income Tax Filing Status

Selecting a filing status is one of the first decisions you'll make when you fill out your federal income tax return, so it's important to know the rules. And because you may have more than one option, you need to know the advantages and disadvantages of each. Making the right decision about your filing status can save money and prevent problems with the IRS down the road. The five filing statuses and how they affect your tax liability Your filing status...

Step-Up in Tax Basis at Death

At death, there is a little-known tax benefit that the federal government provides. It is an adjustment to tax basis and it can have a profound effect on the taxation of the assets owned at death. This article discusses two kinds of tax that apply at death: the estate tax and the step-up in tax basis. Most Americans fear the estate tax. In reality, according to the Urban-Brookings Tax Policy Center, in 2013 less than 1% of people who...

LPL Research Outlook 2019

LPL Research Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets is filled with investment insights and market guidance for the year ahead. LPL Research believes the following three themes will be key to the markets: Sustaining growth via fiscal policy. We expect the ongoing impact of fiscal stimulus will be readily apparent in 2019 and that policy will continue to play an important role for the economy and financial markets—potentially extending the duration of the current...

LPL Research Weekly Market Commentary – 12/10/18 RETEST

John Lynch Chief Investment Strategist, LPL Financial Jeffrey Buchbinder, CFA Equity Strategist, LPL Financial We view last week’s market decline as a retest of the October–November lows. The S&P 500 Index fell 4.6% last week, leaving the index in line with the low of the autumn correction and 10% off the September highs [Figure 1]. Losses were driven primarily by three issues: the risk that U.S.-China trade talks fall apart, concerns about a Federal Reserve (Fed) policy mistake, and sharply lower oil...

Prudent Investor Rule

You can do whatever you want with your money and assets but when charged with caring for another person’s money and assets, a body of law provides guidance on how you should proceed. Enter the Prudent Investor Rule. I am not talking about financial planners and wealth management companies, though both are ostensibly charged with caring for a person’s money. I am talking about those in positions of power with the direct authority to manage assets independent of the person...

Midyear Outlook 2018

                  The LPL Research Midyear Outlook 2018: The Plot Thickens presents guidance on how the return of the business cycle may unfold during the remainder of 2018 and beyond, along with the investment insights to help investors navigate the twists and turns. View the complete publication, featuring insightful commentary, as well as economic and market guidance for 2018 and beyond: Midyear Outlook 2018