For taxpayers who are relying on their retirement plans on a month-to-month basis for living expenses, the expiration of the suspension won’t be an issue. For those who had extra cash on hand, however, it could provide something of a windfall this tax season.
BofA Global Research and Goldman Sachs on Tuesday became the latest Wall Street brokerages to raise their year-end targets for the S&P 500 index.
Too often, investors and media alike default to benchmarks like the S&P 500. But if your portfolio wasn’t built with that level of risk in mind, or if your goals are entirely different, comparing your return to that index can be misleading at best—and discouraging at worst.