Insights from Encore

Here is a collection of finance-related news and information we consider worth knowing.

The content included here is meant for general use only; it is not to be considered advice.

Monthly Economic Update September 2021

U.S. Markets Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August.  The Dow Jones Industrial Average gained 1.22 percent while the Standard &...

Monthly Economic Update August 2021

In this month’s recap: Stocks notched a solid gain as investors looked past higher inflation and new COVID-19 cases. U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases.The...

Monthly Economic Update June 2021

U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Standard & Poor’s 500 Index rose 0.55% percent. The Nasdaq Composite,...

Monthly Economic Update May 2021

U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street. The Dow Jones Industrial Average gained 2.71 percent while the Standard & Poor’s (S&P) 500 Index picked up...

Monthly Economic Update April 2021

U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62 percent. The Standard &...

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I scream, you scream, we all scream for ICE CREAM #FridayFacts !1) Chocolate ice cream was invented before vanilla.2) A kind of ice-cream was invented in China about 200 BC when a milk and rice mixture was frozen by packing it into snow.3) It takes 3 gallons of whole milk to make one gallon of ice cream.4) Popular ice cream makers, Ben & Jerry's, receive over 13,000 flavor suggestions from fans every year. Settle the debate... cone or bowl?🍨 🍦 ... See MoreSee Less
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#FridayFactsSeptember is Life Insurance Awareness Month so we are debunking some life insurance myths!1) Life insurance is for more than death. Living benefits of a life insurance policy let you access your life insurance proceeds before you die. This is typically reserved for situations in which someone faces a terminal illness or injury. Many people use cash from living benefits to get their family’s finances in order or to take a special trip.2) Life insurance is more affordable than you think. While it varies based on age, gender, health life insurance is highly affordable. For example, a healthy 30-year-old can get a $250,000 20-year level term policy for just $13 a month. 3) Life insurance is for anyone providing financial support or service support, like a stay-at-home parent. From cooking meals to shuttling kids to school to helping with homework, stay-at-home parents perform many critical responsibilities that would be costly to outsource.Talk with an advisor to learn more. Review your financial plan and make sure are covered. ... See MoreSee Less
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Keep looking up, there may a rainbow waiting for you...An awesome photo of the backside of our Petoskey office at 418 Waukazoo Ave. Share your rainbow pictures in the comments! ..PC: JL LaMarche ... See MoreSee Less
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At Encore Financial Group, we are dedicated to helping members of our community achieve and maintain financial independence. We do this via a holistic approach to reducing risk, offering protection services and potential growth opportunities for our clients who love their family and are serious about their money.

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