The Fed’s Decision: A Pause on Rate Hikes In its most recent meeting on June 14, 2023, the Federal Reserve made a significant decision that has implications for everyone from Wall Street to Main Street. The Fed decided to hold the target range for the federal funds rate steady at 5 to 5-1/4 percent. This...Read More

As we delve into the month of June 2023, the stock market has been showcasing notable activity, keeping investors on their toes. The S&P 500 has demonstrated a steady upward trajectory, reflecting growing investor confidence, while the Nasdaq Composite has exhibited volatility, driven by fluctuations in the technology sector. It’s essential to examine the upcoming...Read More

The first half of 2023 has been marked by a significant run-up in the markets, particularly in the technology and artificial intelligence sectors. The tech-heavy NASDAQ Composite has seen a year-to-date (YTD) increase of 15.2%, outpacing the broader S&P 500, which has grown by 11.8% YTD. Leading the charge in the tech sector are some...Read More

There is a lot of negative press surrounding annuities that is not justified. Most of revolves around high fees, agent commission incentives, lack of liquidity, etc. I can tell you honestly from many years of experience studying various types of annuities that these products play a significant role in producing lifetime income that creates peace...Read More

CLIENT EDUCATION IS OUR #1 PRIORITY!  Learn How the “Color of YOUR MONEY Affects How Well You Sleep at Night! Frank Ragonese, Ph.D., whose clients call him “Dr. Frank,” is the founder and CEO of Pelican Wealth Advisors, LLC, a fiduciary, Registered Investment Advisor firm. Dr. Frank was a college professor in his early career, has...Read More

Our “Strategic Investment Portfolio Strategy” (SIPS) consists of equities designed for growth over a 3-5 year horizon.  This strategy utilizes mutual funds which are selected from a list of over 17,000 funds using a proprietary process. As a fiduciary investment firm, PWA is free of any conflicts of interest in choosing mutual funds.  This may...Read More

The TIPS portfolio is a “Tactical Investment Portfolio Strategy” that is growth oriented and more actively traded than either the SIPS portfolio. It’s objective is to take advantage of “opportunity trades”  using Exchange Traded Funds (ETF’s) that move either in tandem or opposite to the major market indices.  For example, if the S&P 500 is...Read More

If you’re near retirement, you may be looking forward to the day when taxes get simpler. You could be disappointed. “The tax return changes drastically when you go from a working mode to a retired mode,” says Ed Phelps, an IRA expert from Miami. Of course, everyone’s tax situation is different, but here are some tax issues you...Read More

What you need to know about estate planning, including why you may need a will and assigning a power of attorney. 1. No matter your net worth, it’s important to have a basic estate plan in place. Such a plan ensures that your family and financial goals are met after you die. 2. An estate...Read More

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of souls like mine. I am so happy, my dear friend, so absorbed in...Read More