The summer rally continued through August, once again defying market pundits and conventional wisdom. In the midst of this move higher, however, there has been wide disparity among the various sectors. The market continues to favor growth-oriented sectors given accelerating economic growth and consumer spending, as well as robust spending on technology to fuel efficiency gains, while rising interest rates have made yield-oriented sectors less attractive.
Many homeowners will struggle with how to best spend their home improvement budgets. Most home improvement publications will tell you that renovating the kitchen will generally add the most value to your home.
If you haven't already, it's time to designate a successor owner to your AAFMAA insurance policy, if it covers your spouse or child. By naming a successor owner, AAFMAA is able to automatically transfer ownership of a policy over to that person upon your death. But if you do not take this simple step now, your policy will become part of the property of your estate, which can lead to time-consuming and costly administrative steps for your spouse or other loved ones.