How the Markets are Performing After the Presidential Election After two months in a row of losses for the S&P 500 and DOW in September and October, election day in November immediately created a nice relief rally that we participated in at TD Ameritrade (Source: ...

Coronavirus Anxiety Round Two For the second month in a row, the re-surging Coronavirus, anxiety about the presidential election, combined with a lack of new stimulus measures pushed the stock market lower towards the end of the month. In October, The S&P 500 was...

Estate Planning - Don't Overlook it! If you have been following our recent blog postings, you may have noticed we have been focusing heavily on the investment management side of our business. However, comprehensive financial planning involves a wide variety of topics....

When Should Retirement Saving Begin?  One of the most frequent questions our financial planners get is “When do I need to start saving for retirement?” followed closely by “How much should I be saving?” The simple answers are “Today” and “As much as you can afford...

Summit Financial has been an integral part of Sterling Heights since 1987. Our family of financial planners has grown and thrived along with our community.

The stock market had another poor September. How do things look in October? Will the election effect the stock market? Read more to find out.

Investors utilitize both fundamental analysis and technical analysis to achieve success. Which approach is right for you? That depends.

Hello, and welcome to Summit Financial Consulting’s refreshed and relaunched blog. There will be plenty of market insight and useful information to be found here in the coming days and weeks, but with this post, we would like to re-introduce ourselves.

Now that we have finished discussing diversification, we will dive into the most popular and arguably one of the easiest ways to diversify. That is right. This month, we are comparing and contrasting Mutual Funds and Exchange-Traded Funds. (If you have not read the...

Market CommentaryJuly proved to be a profitable month for both our portfolios and the stock market indices.  While the DOW Jones is still down about 11% from the highs earlier this year, it made some progress in July (Source: ...

As the saying goes, do not place all your eggs in one basket. We believe this is perhaps one of the most important lessons when discussing investment management and retirement planning. Before we dive into the various diversification options, if you need a refresher...

Market Commentary The ongoing Covid pandemic affected the market, both higher and lower, in June.  In our last market commentary, we said the probability of a short term pull back was very high and just a few days after our commentary was posted, from June 8th until...

As the saying goes, do not place all your eggs in one basket. This is perhaps one of the most important lessons when discussing investment management and retirement planning. Before we dive into the various diversification options, if you need a refresher on...