Rob Burnette, Investment Advisor Representative of Outlook Financial Center, notes that “several factors are influencing the stock market’s performance in 2024, including the Federal Reserve’s actions on interest rates, employment trends, the presidential election year, and global unrest in Ukraine and the Middle East.
“For the first 90 days, track everything[,] including any cash purchases that are made,” said Rob Burnette, CEO and fiduciary financial adviser at Outlook Financial Center.
“States that do not have an income tax may look attractive, but they may also have higher sales tax and property tax rates, so do the math,” said Rob Burnette, a financial adviser at Outlook Financial Center in Troy, Ohio.
"CDs will always be attractive to the risk-avoidance nature of savers. I had an aunt many years ago complain that she couldn't get 14% on her CD any longer. Of course, the prime interest rate at the time was over 20%," says Rob Burnette, chief executive officer and fiduciary financial advisor at Outlook Financial Center.
In an exclusive interview with The U.S. Sun, Rob Burnette, an investment advisor representative and professional tax preparer at Outlook Financial Center in Troy, Ohio, pointed to the media’s influence in amplifying nervousness around inflation, jobs, and interest rates.
"I can't think of a situation when using home equity to make an investment is a good idea or in one's long-term best interests," says Rob Burnette, investment advisor representative at the financial planning firm, Outlook Financial Center.