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Dorion-Gray Capital Management® Weekly Commentary January 4, 2016

| January 08, 2016
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Wall Street completed a turbulent 2015, due largely to the year’s dramatic fall in crude oil prices. On the final day of trading, stocks dropped overall. The S&P energy sector was the exception, gaining 0.34 percent following an unusual increase in oil shares. For the week, the Dow fell 0.72 percent to close at 17,425.03. The S&P lost 0.80 percent to finish at 2,043.94, and the NASDAQ dropped 0.81 percent to end the week at 5,007.41.

Nothing for Me –

An early April 2015 survey (a total of 1,015 people participated) found one out of seven American workers (14 percent) do not believe Social Security will ever pay them a penny of retirement benefits (source: Gallup, BTN Research).

Parents or Kids? –

According to a July 2014 survey, 31 percent of U.S. households are providing financial assistance to adult children, a larger number than the 21 percent of U.S. households that are providing financial assistance to elderly parents (source: American Consumer Credit Counseling, BTN Research).

More Than Half the Gain -

The total return of the S&P 500 over the past five calendar years (2010-2014) is 105.1 percent (total return). The best 12 trading days during the five years (i.e., 12 days out of 1,258 total trading days) produced a 53.7 percent gain. Thus, 1 percent of trading days over the past five years was responsible for 51 percent of the index’s total return (source: BTN Research).

WEEKLY FOCUS – Financial Resolutions for 2016

After Wall Street’s bumpy ride in 2015, more Americans are expected to make financial resolutions for the upcoming year. In case you haven’t identified yours, here are some to consider.

Save more. If you’re still employed, go beyond your employer’s match. Aim to put 10 percent (or more) in your retirement fund. If that is difficult, track expenses to find things to cut and create a strategic budget. Then increase contributions 1 to 2 percent every three months. If you don’t have an emergency fund equal to six months of income, start one by putting aside current savings at the gas pump and on natural-gas utility bills.

Reduce debt, safeguard credit. Plan to eliminate debts before retiring, including your mortgage if possible. Consolidate credit accounts by closing a few and automate payments to avoid missing one. Sign up for credit monitoring to notify you when key information on your file changes.

Create a long-range plan. Go to to estimate Social Security benefits you’d receive when claiming at different ages. Determine how much more you’ll need to maintain your lifestyle. If you’re married, project future expenses if you both live to 95 or either of you dies and the other lives to 95.

Review investments, insurance and estate plan. Make sure you know exactly what you’re invested in. Assess your investment strategy and allocation to determine whether they reflect your goals and current life stage. Make sure your insurance coverage is adequate and beneficiaries are up-to-date. If you haven’t reviewed your estate plan recently, you’ve moved or your assets or your family has changed, schedule a meeting with your estate-planning attorney.

Invest in yourself. Health care is expensive. Studies indicate the average 65-year-old couple will need around $250,000 for medical expenses not covered by Medicare. Taking steps to stay fit may help you enjoy retirement and save money. Funds spent on healthy food, a gym membership or even a personal trainer could pay multiple dividends over time.

Work with a coach. Your odds of successfully implementing goals increase when you have a knowledgeable partner. Make an appointment to discuss your financial resolutions and how we can work together to make 2016 a happy and prosperous new year!

The Dorion-Gray Team

Securities offered through Securities America, Inc., Member FINRA/SIPC. Advisory services offered through Securities America Advisors, Inc. a Registered Investment Advisory Firm. Dorion-Gray Retirement Planning is a trade name of Dorion-Gray Financial Services, Inc. located at 2602 IL Route 176, Crystal Lake, IL 60014. Dorion-Gray and the Securities America companies are separate, unaffiliated entities.

Diversification seeks to reduce the volatility of a portfolio by investing in a variety of asset classes. Neither asset allocation nor diversification guarantee against market loss or greater or more consistent returns.

© 2013. Dorion-Gray Financial Services, Inc.

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