Hummer Mower Associates

Happy New Year!! In case you did not already hear, the IRS raised contribution limits for retirement accounts for the 2023 tax year. For more information, and to download a PDF of these details included at the bottom of the post, click the blog link below.

IRS Announces Retirement Plan Limits For 2023 Last month, the Internal Revenue Service (IRS) announced updates to contribution limits for 2023 The IRS updates these limits annually to account for inflation.  Below is a breakdown of the limits for 2022 and the corresponding increases for 2023.  Retirement account contribution highlights for 20...

“The entirety of this sell-off so far has been a repricing of what investors are willing to pay for one dollar of earnings. Using a familiar pricing framework, the Price-to-Earnings ratio (P/E ratio), we ended last year with investors willing to pay 21 dollars in stock price for every 1 dollar of expected profit.”

Where does the current P/E stand? Find out below in most recent Market Letter!

Market Letter: June 2022 The equity markets in June continued, and even accelerated, the downward trend that has been present since the all-time-highs were notched on the first trading day of 2022.  While many stocks began their selloffs last year, it wasn’t until recently that they came for “The Generals”.  As it o...

There are three main types of bonds: Corporate, Municipal and Treasury bonds.

What’s the difference between the three? Good question! We answer that here, in our most recent blog post.

A Primer on Bonds Last month, we provided an explanation and our thoughts on the US Treasury’s inflation-adjusted bonds, or I-bonds. This month, we realized it was prudent to take a step back and help explain how bonds in general work, and how we invest in them. Most individuals understand the concept of borrowing....