Market timing involves moving your money in and out of investments (typically stocks) to try to catch all the performance highs and avoid all the lows. Not even the savviest market players are likely to succeed at this game.
No matter what your age, the bills you face today can make saving for longer-term goals like retirement seem like an impossible task. But even if you can manage to set aside just a few dollars per paycheck for retirement, the sooner you start, the more time your money will have to grow through compounding.
The Pension Boards-United Church of Christ (PBUCC), a founding member of The Interfaith Center for Corporate Responsibility (ICCR), is taking significant steps toward action on gun violence in America. Gun violence, particularly school shootings, is a concern shared by over 300 faith community members of the organization.
By Rev. Jill E. Olds*
It sounds rather daunting when I put it that way, doesn’t it? I mean, that term can reference a few different things in our church context. Of course, it can refer to the season of autumn that is upon us. Or, it can refer to the concept that all of humanity is broken in some way, in need of being raised up by Jesus.
This week the Member Education staff of The Pension Boards-United Church of Christ, Inc. (PBUCC), hosted several United Church of Christ (UCC) members from the Middle Atlantic region for an all-day Pre-Retirement Seminar. The Seminar, held Wednesday, October 24, 2018, at PBUCC’s office in New York City, provided information and tools for retirement readiness for actively-contributing Annuity Plan members over 50 years of age.
Recently, PBUCC Staff and Investment Committee members met with outside experts from Northern Trust, Neuberger Berman, and GSAM to:
To be honest, the better performance by the U.S. versus the rest of the world is not entirely unexpected after a strong year for international stocks in 2017. Tax changes and less regulation have stimulated the U.S. economy, but the markets have recently started to gravitate to the idea that the U.S. represents the only investment opportunity in the world. Although Pension Boards’ Funds are allocating a majority of assets to U.S. investments, most experts know the benefits of diversification over the longer term, and international markets should not be ignored, especially when they hold value for the longer-term.
We thought you would like to see a current assessment of emerging markets by GSAM. We will continue to keep you informed on trends influencing global markets and your retirement funds.
*The EM Comeback report is used with permission of Goldman Sachs Asset Management.
Highmark recognizes how important it is to help those affected by natural disasters, so we’re putting temporary program changes into effect for those who are affected by Hurricane Florence. For those who reside in areas where States of Emergency have been declared, the following waivers have been put in place: