Business
2017 has been a remarkable year for the United States, both politically and financially. Beginning with Donald Trump’s inauguration, it’s been a year of Congressional gridlock, a high-stakes political investigation, and unprecedented actions – and tweets – from a U.S. President. Yet through it all, the markets have continued their upward charge. The Dow Jones Industrial Average reached the 24,000 mark for the first time on November 30 – and it’s up more than 20% since January 1, 2017. The current bull market (typically defined by a continuous rise in stock prices without being interrupted by a 20% decline) is now over eight and a half years old – one of the longest in history. This has left investors wondering…how long can this bull market continue? Is this current market situation entirely new, or have we seen things like this in the past? Should we be worried? Is it possible to invest strategically to minimize the impact of an inevitable market downturn? On this episode of The Lange Money Hour, CPA/Attorney Jim Lange welcomes back investment advisor, P.J. DiNuzzo. P.J. and Jim will discuss: What has happened so far in 2017, both in the U.S. and international markets What these results mean for investors Active Money Mangaement vs. Index Investing Strategic vs. Tactical Asset Allocation Diversification Rebalancing your portfolio Bond markets, interest rates, and inflation Given future unknowns, how you can succeed financially by "Controlling What You Can Control."