The CLE 401k Guys

01/13/2025

1/13/2025-The S&P 500 is currently down 5.1% since hitting an all-time high on 12/6/2024. Since the early 1980s, the S&P 500 has experienced a drop of 5% or more every year except 1995 and 2017. Over the last five years, the SP 500 is up about 80%. It's up over 200% over the last 10 years. There are ways to take advantage of these drops without having to add money to your account!
Data from CNBC. Past performance is not a guarantee of future returns.

08/23/2024

Remember when the DOW dropped 1,000 points back on Monday, August 5th? Did you sell?
It's up 5.6% since then.

08/07/2024

Is the housing market waking up? Rates recently fell a bit and in response, mortgage applications to purchase rose. Refinance applications popped 16%.

Mortgage applications rose 6.9% in the last week, the Mortgage Bankers Association said.

07/25/2024

For those of you wondering what kind of impact the election may have on the stock market, consider this:
There have been 24 elections since the S&P 500 Index began. In these election years:
• 20 of the 24 years (83%) provided positive performance.
• When a Democrat was in office and a Democrat was elected (or reelected), the total return for the year averaged 15.0%.
• When a Democrat was in office and a Republican was elected, the total return for the year averaged 12.9%.
Source: Morningstar/Ibbotson Associates.
Past performance is no guarantee of future results.

07/10/2024

Prayers up for Bernie Kosar! 🙏 #19 🏈

07/04/2024

06/26/2024

Do you have a 401(k)?
How often do you meet with someone to review, specifically, YOUR 401(k) account?
How much do you REALLY KNOW about what you're invested in or what you SHOULD be invested in?
Call me. It's only your retirement.

Call now to connect with business.

05/27/2024

Thank you. Thank you. Thank you.

05/03/2024

In April, unemployment rose and hiring declined and yet the stock market rips HIGHER on the open today. Why? Because this data makes it unlikely that the Federal Reserve will raise rates and may actually be getting closer to cutting rates. Investing isn't easy.

04/28/2024

The CLE 401k Guys was launched by two local Financial Advisors who believe that client's accounts, including rollovers, SHOULD always be managed under a fiduciary standard and no other way. It is literally on our website. If you are looking for Financial Advisors who will always put your best interests first, Craig and Dave are your guys. www.thecle401kguys.com

04/27/2024

Inflation has ticked up. And GDP, the nation's total output of goods and services, fell sharply. Are high borrowing rates finally starting to impact the economy?

The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.

04/12/2024

Home prices set new record highs. Homeownership affordability fell to it's lowest level since the 1980s. Mortgage rates at a 23-year high. Home insurance premiums are soaring. Ug.

Rising insurance premiums, property taxes and maintenance costs show little sign of abating. “I was so sticker-shocked."