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News & Insights

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News From the Control Tower - 5/6/2021 Thumbnail

News From the Control Tower - 5/6/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Cargo Pants and Outdoor Slippers Are Hot, as Americans Return to Stores, (2) Lumber is shockingly expensive. Thanks, Obama, (3) A major chlorine shortage is set to spoil summertime fun in the swimming pool, (4) Trading Stock Tips on TikTok, Newbies Are Deeply Invested in Learning, (5) What NFTs Mean for Contemporary Art, and a Bonus article - Belgian farmer accidentally moves French border.

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News From the Control Tower - 04/29/2021 Thumbnail

News From the Control Tower - 04/29/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) MacKenzie Scott Gave Away Billions. The Scam Artists Followed, (2) Robinhood, Three Friends and the Fortune That Got Away, (3) The Woman Who Shattered the Myth of the Free Market, (4) How to Buy Happiness, (5) Design bias is harmful, and in some cases may be lethal, and a Bonus article - Stranded sailor allowed to leave abandoned ship after four years.

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News From the Control Tower - 04/22/2021 Thumbnail

News From the Control Tower - 04/22/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Welcome to the YOLO Economy, (2) Paper Source vendors left pleading for payment as executives seek $1 million in bonuses, (3) How the Pandemic Did, and Didn’t, Change Where Americans Move, (4) Companies can't stop talking about higher costs, (5) Unemployment Is High. Why Are Businesses Struggling to Hire?, and a Bonus article - TikTok Is Fueling This Immense Night Market in Lincoln Heights.

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News From the Control Tower - 4/15/2021 Thumbnail

News From the Control Tower - 4/15/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) For the first wave of vaccinated vacationers, venturing into the not-quite-open-world was quiet, cheaper — and a relief, (2) Young Women Are Dropping Out of School and Work. Is Caregiving the Culprit?, (3) With Georgia Voting Law, the Business of Business Becomes Politics, (4) Don’t Overreact to Inflation Data this Spring, (5) First GMO Mosquitoes to Be Released In the Florida Keys, and a Bonus article - Yosemite rock climbers discover their skills are in demand as wind turbine technicians.

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News From the Control Tower - 4/8/2021 Thumbnail

News From the Control Tower - 4/8/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) As China Targets H&M and Nike, Local Brands See Their Chance, (2) Yellen Pushes for Global Minimum Tax Rate on Multinational Corporations, (3) Risky Borrowers Are Falling Behind on Car Payments, (4) Could Index Funds Be ‘Worse Than Marxism’?, (5) Singapore Shows What Serious Urban Farming Looks Like, and a Bonus article - Couple Who Defaced $400,000 Painting Thought It Was a Public Art Project.

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Personalized Advice from a Trusted Financial Advisor vs. Mass Market Retirement "Experts" Thumbnail

Personalized Advice from a Trusted Financial Advisor vs. Mass Market Retirement "Experts"

Recently, Christine Benz of Morningstar interviewed Ed Slott about recent legal changes that impact retirement and tax planning. Ed Slott (self-proclaimed retirement expert) discusses the impact of the SECURE Act and promotes his latest book on retirement. Propel Advisor Danielle Woods covered the impact of the SECURE Act in a recent blog post "Traditional Retirement Savings: Why Tax-Deferred Accounts like 401(k)s May Be the Wrong Choice for Some Taxpayers" and our Jan. 27, 2021 Webinar, "New Year, New Strategies: Rethinking Your Savings Plan".

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News From the Control Tower - 3/25/2021 Thumbnail

News From the Control Tower - 3/25/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) New Realtors Pile Into Hot Housing Market. Most Find It Tough Going, (2) FCC fines telemarketers a record $225 million for making 1 billion robocalls in 5 months, (3) The Years of Work Behind Washington’s Best-Liked Man, (4) Yellen: 'Global race to the bottom' in corporate tax, (5) A $15 minimum wage would cost jobs, right? Probably not, economists say, and a Bonus article - Reddit investors use GameStop proceeds to help protect gorillas.

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News From the Control Tower - 3/18/2021 Thumbnail

News From the Control Tower - 3/18/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Samsung Warns Of 'Serious Imbalance' Amid Global Chip Market Shortage, (2) Sweatpants and hand sanitiser added to UK inflation calculations, (3) Texas Freeze Triggers Global Plastics Shortage, (4) Homebuyers Are Heading to Florida During Covid, but Nearly as Many Are Moving Out, (5) Tesla owner spends $160 driving cross-country in all-electric 2021 Mustang Mach-E, and a Bonus article - Give a dog a bone: Spending money on pets promotes happiness.

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The 2021 Annual Berkshire Hathaway Letter: A Propel Financial Advisors Discussion Thumbnail

The 2021 Annual Berkshire Hathaway Letter: A Propel Financial Advisors Discussion

Many across the financial industry look to Warren Buffett’s annual letter to shareholders of his company Berkshire Hathaway, which provides pearls of wisdom and insights into the thought process of one of the greatest investors. This year was no exception. Buffett stressed the importance of holding steady as the key to investing, and to “never bet against America.” Below we provide some key takeaways from members of our investment committee. At Propel, we work together as a team, each member providing a different perspective. These differing perspectives serve to illustrate to our clients how each of our team members brings something unique to the table. We find that multiple perspectives benefit our clients when we evaluate investments and portfolio allocations.

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News From the Control Tower 3/11/2021 Thumbnail

News From the Control Tower 3/11/2021

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Workers Are Moving First, Asking Questions Later. What Happens When Offices Reopen?, (2) Biden stimulus will boost global recovery from Covid, says OECD, (3) Drive-Throughs That Predict Your Order? Restaurants Are Thinking Fast, (4) Maybe Everyone Wants to Go Back to Movie Theaters After All?, (5) Higher Gas, Energy Prices Boost Consumer Inflation at Start of Year, and a bonus article, Bird migration forecast maps.

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