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August 16, 2022 By Michael Milam

Profit-Sharing—Age and Service Weigh In

For quite some time, profit-sharing plans have been recognized by many small business owners and professionals as effective, qualified retirement savings mechanisms. Generally speaking, these plans allow employees to share company profits. Two popular plans are the age-weighted profit-sharing plan and the service-weighted profit-sharing plan. With such plans, it’s possible to base contributions on a […]

Filed Under: Mike Milam

August 15, 2022 By Michael Milam

Is This the Start of a New Bull Market?

Investors cheered the two better-than-expected inflation reports last week, pushing the S&P 500 to 16% above its June 16 low and only 11% below its all-time high. After this rebound, the key question investors are asking is whether this is a bear market rally that will soon fizzle or the start of a new bull […]

Filed Under: Mike Milam

August 9, 2022 By Michael Milam

Big Week for Market Watchers

Last week was epic for market-watchers. A Federal Reserve (Fed) rate hike, a much-anticipated gross domestic product (GDP) report, and the busiest week of earnings season got most of the headlines. There was even a surprise out of Washington D.C., with a Schumer-Manchin agreement on a climate-healthcare-tax bill and some inflation data that added to the evidence that inflation has peaked.

Filed Under: Mike Milam

August 9, 2022 By Michael Milam

The Importance of Reassessing Insurance Coverage for Small-Business Owners

Insurance is crucial for any small business. Small-business owners may find themselves in a difficult situation without proper coverage if they suffer building damage or face a lawsuit. While obtaining adequate insurance for your company is critical, knowing when to reassess your coverage is also essential. As your business grows and changes, so do your […]

Filed Under: Mike Milam

August 8, 2022 By Michael Milam

The Case for a U.S. Recession Weakens

The market pundits remain intensely focused on the question of whether the U.S. economy is in or about to enter recession, so we thought a piece on what a recession might mean for the stock market would be of interest. While Friday’s strong jobs report provides more evidence that the U.S. economy is not currently […]

Filed Under: Mike Milam

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California Financial Partners, Inc.
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Glendale, California 91203
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California Financial Partners, Inc., A Registered Investment Advisor, is a fee-based comprehensive financial planning organization. Securities and Advisory services offered through LPL Financial. A Registered Investment Advisor. Member FINRA & SIPC. LPL Financial Form CRS.

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