Provest Wealth Advisors Blog

August 30, 2019

Market and Performance Update – “The Stock Market has fallen 800 points!  Does that point to a Recession?”  “The Yield Curve has Inverted… a sure sign of Recession!”  Do headlines like these cause you to be concerned about your investments?  They probably do… and they...

August 23, 2019

A Month in the Life - This year I am writing about my mom, and what she did thirty years ago.  My sister recently gave me mom’s diary from 1989 and as I read it I will mention the things she and my step-dad did that were interesting.  I’ll also include a few “Legacy Qu...

August 9, 2019

July turned out to be another positive month in the stock market overall.  The NASDAQ was up 2% and the Russell 2000 was up a half a point, with the Dow and S&P falling in between those two.  It was nothing like the gains we saw in June, but positive is positive, right...

July 26, 2019

Do you ever get the feeling that the little device you hold in your hand is smarter than you are?  Well, you’d probably be right.  There is more computing power in your smart phone today than there was aboard the Apollo moon shots in the 60’s and 70’s.  And if you’re l...

July 12, 2019

From Generation to Generation - About 25 years ago we mentioned that the Baby Boomer generation was set to inherit about $16 trillion from their parents, the Greatest Generation. Most of this generational passing of assets has been completed and now the talk turns to t...

In June the stock market posted a very nice rally, which is not usually the case in most Junes. NASDAQ, the S&P 500 and the Russell 2000 all almost made it back to the numbers they'd posted at the end of April, while the Dow exceeded it by a scant 7 points to end at 26...

June 21, 2019

Rod Stewart, after a particularly nasty divorce, once said, “If I ever get the urge to marry again, I’m just going to find a woman I don’t like and buy her a house.” Divorce can be emotionally draining, and it can make one much poorer.
Stocks can also elicit deep emoti...

June 14, 2019

A Month in The Life - This year I am writing about my mom, and what she did thirty years ago.  My sister recently gave me mom’s diary from 1989 and as I read it I will mention the things she and my step-dad did that were interesting.  I’ll also include a few “Legacy Qu...

After the S&P reached a new high in April (Dow came within a few points), the stock market got a little twitchy in May.  From April 30th to May 13th the Dow dropped 1268 points or almost 5%, and then dropped another 510 points to end the month at 24815, a 6.7% loss for...

“What is the Dow Jones industrial average, and why is it important to me?”
Phil was sitting in my office recently and posed that question. My answer was somewhat shallow. “Well,” I said, “it is an index of the stock of 30 U.S. corporations chosen by the Dow Jones compa...

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Securities offered through Cambridge Investment Research, Inc., Member FINRA, SIPC and Investment Advisory Services offered through Cambridge Investment Research Advisors Inc, a Registered Investment Advisor. Cambridge and Provest Wealth Advisors, Inc are not affiliated. We are licensed in the following states:NC, SC, GA, FL, VA, TX, TN, ME.

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