Holiday shopping is now in full-swing in stores and online. Do you know the answers to these 2012 holiday shopping stats? 1. How much are holiday sales expected to increase by this year? a. 2 percent b. 3 percent c. 4 percent – holiday sales are expected to increase 4 percent this year, beating the… Continue reading Trivia Tuesday!
Author: clsmarketing
Mr. Grinch Inflation
Each year, PNC Wealth Management prices out the items from the iconic song “The 12 days of Christmas.” Believe it or not, 364 gifts are given in that song by the end of the 12th day. This year, PNC has declared the most expensive year ever for the gifts. The grand total of $107,300 is up more than… Continue reading Mr. Grinch Inflation
Trivia Tuesday!
Test your social media knowledge! 1. Based on population, if Facebook were a country, where would it rank among the largest countries in the world? answer: It would be the 3rd largest 2. The Facebook launch of this vehicle proved more effective than a Super Bowl ad. answer: Ford Explorer 3. What is the second largest internet search engine? answer:… Continue reading Trivia Tuesday!
Get to Know: REITs
A real estate investment trust, or REIT, is a real estate company that enjoys special tax treatment by virtue of its legal structure. By law, the REIT must pay out at least 90 percent of its taxable income in order to avoid paying corporate taxes. CLS uses REITs in our Master Manager Strategy and ETF… Continue reading Get to Know: REITs
How Millionaires Use Smartphones
1874-CLS-11/15/2012
Communication Key to Client Retention
Ever wondered why clients fire their advisors? A recent study conducted by Spectrem Group laid out the top five reasons: Not returning phone calls in a timely manner Not providing good ideas or advice Not being proactive in contacting clients Not returning emails Long-term losses Interestingly, while returns play a part in this list, it’s… Continue reading Communication Key to Client Retention
Your Questions Are Answered
Answers from yesterday’s Trivia Tuesday! post: 1. How did the word “buck” come to mean a dollar? Originally, a buck referred to a deerskin or buckskin, which was commonly used as money. 2. Who coined the term “fiscal cliff”? Federal Reserve Chairman Ben Bernanke 3. What was the value of the global bond market in… Continue reading Your Questions Are Answered
Fiscal Cliff vs. Debt Ceiling Drama
While concerns are mounting around the fiscal cliff, it is important to contrast the 2011 economic environment resulting from the debt ceiling drama and the current state of affairs. When the full impact of the debt ceiling’s contentious negotiations hit in 2011, the economic environment was very different from today in two important areas. One,… Continue reading Fiscal Cliff vs. Debt Ceiling Drama
Trivia Tuesday!
Test your financial knowledge! 1. How did the word “buck” come to mean a dollar? 2. Who coined the term “fiscal cliff”? 3. What was the value of the global bond market in 2011? 4. What’s the largest privately held company in the U.S.? 5. When was the first debt ceiling established and what was… Continue reading Trivia Tuesday!
Fiscal Cliff Update
The Fiscal Cliff will be a hot topic in the coming weeks, as Congress will be charged with making decisions that will vastly affect our nation’s future. If Congress does not take action to stop them, approximately $600 billion in tax increases and spending cuts will be implemented in January 2013, which could drive the… Continue reading Fiscal Cliff Update