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Barry Armstrong has more than 25 years of experience in the financial services industry and hosts WRKO's Financial Exchange program every weekday from 10 a.m. to noon. Barry also works with the independent financial professionals at Armstrong Advisory Group, which he founded himself, to serve individual investors and small businesses in New England. For the most up to date information on The Financial Exchange, as well as industry news and info, follow Barry on Twitter @BarryGArmstrong.

06/15/2012 - 12:25pm
By: Armstrong Advisory Group
Tips to live comfortably during your retirement years

When entering the retirement stage of life it’s important to have your finances in order. You’ve spent a lifetime preparing for retirement, it’s important to take the time to ensure that your income, your investments and your estate plan are properly organized to allow you to live comfortably during your retirement years.

  • Your preparation for retirement could provide you with multiple income sources: social security, traditional employer pension income, and your personal savings and investments. Currently, 159 million or 94% of working citizens are covered by Social Security . The amount of benefits received depends on when you begin collecting and...
06/08/2012 - 2:52pm
By: Armstrong Advisory Group
How will the election affect the economy?

There is much at stake in the upcoming presidential election. From how to tackle the deficit to how to reduce our dependence on foreign oil, the issues are complicated and interrelated – and the candidates differ vastly on their beliefs and intended approach. How will the election affect the economy, the stock market, and you? How can you best prepare for this event, and respond to the outcome?

  • Should Romney be elected, there is little doubt that the financial services firms would face a lighter regulatory environment, which would be a boon to the sector. For instance, the controversial Volcker Rule...
06/01/2012 - 4:20pm
By: Armstrong Advisory Group
Are there fundamental reasons to buy gold?

Historically, the correlation between the price of gold and the stock market has been negative.  This meant that when the stock market appreciated, the price of gold declined and vice versa.  With debt problems in Europe and in the US, can gold be used as a downside hedge?  Are there fundamental reasons to buy gold?

  • Unlike stocks, gold, and other commodities, produces no cash flow.  When the fixed return on bonds – especially US government bonds – is high relative to inflation, then gold becomes unattractive due to high real interest rates.  In contrast, when the fixed return in bonds is...