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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.

03/21/2012 - 6:18pm
By: Armstrong Advisory Group
Financial sector stocks have risen, but is this rally sustainable?

U.S. banks face a variety of problems: slow economic growth that weakens loan demand, low interest rates that pressure investment returns, tighter regulation that adds to increasing costs, and rising social and political movements against the sector.  The industry faces significant headwinds in the near-to mid-term in this new reality.  Despite these issues financial sector stocks have risen over 13 percent since the start of the year.   Is this rally sustainable?  Here are the main topics that investors need to consider.

  • Limiting Exposure to Europe - The economic conditions in Europe may still have a major impact on banks in the...
03/20/2012 - 4:45pm
By: Armstrong Advisory Group
Free financial and estate planning seminar

WRKO and The Financial Exchange with Barry Armstrong are pleased to invite you to a free financial and estate planning seminar presented by Barry Armstrong.
 
Registration is required for this free event. To register Click Here.
 
Barry will provide you with an in-depth overview of the current economic environment in the United States and how global uncertainty can impact your assets. He will also present his innovative strategy Low Beta Investing. This approach focuses on income-producing, low-volatility investments that can help reduce the risk in your portfolio.
 
Also joining Barry will be Todd Lusky, an estate...

03/20/2012 - 4:37pm
By: Armstrong Advisory Group
Health Care And Housing: The Biggest Retirement Expenses

Health care is commonly referred to as the greatest expense Americans face in retirement, but according to a Feb. 15 Investment News article by Darla Mercado, health care comes in second. The biggest expense for Americans over 50 is housing costs.
 
Data from the Employee Benefit Research Institute (EBRI) showed that housing-related costs accounted for nearly half of Americans' total expenses in 2009. Americans age 50 to 64 spent 47 percent of their total expenses - a median of $18,828 - on mortgages or rent, insurance, property taxes and repairs.
 
For Americans 50-64, the median spent on health...