Market Watch

May 27, 2012 @ 01:40 AM

Dow Jones Industrials 12,454.83- 74.92
Nasdaq Composite 2,837.53- 1.85
S&P 500 1,317.82- 2.86
NYSE Composite 7,534.33- 18.03

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38th Street Financial DBA Logo

David Tornetto, ChFC
34 N. Gore, Ste. 204
Webster Groves, MO 63119

 

 

 

 

 

 

 

 

38th Street Financial combines a wide range of experience, knowledge and resources to provide quality financial strategies unique to each client.  Utilizing a vast array of products and services, our firm provides tailored advice designed to meet each client's specific goals, desires and needs.

Incorporating experience, knowledge and continuing education enhances concentrated energies on each client’s unique desires and financial goals. Dave has obtained both the Chartered Financial Consultant and the Chartered Life Underwriter professional designations through the American College.  Dave has earned a Certificate in Retirement Planning from The Wharton School at the University of Pennsylvania. 

Our firm provides services for asset allocation strategies, both fee and non-fee based financial planning, annuities, life insurance, mutual funds, education planning, brokerage account services, and stock option strategies.  We also incorporate an annual review process for our clients to revisit their plan yearly and adapt to their changing lifestyles.

Our philosophy is simple; we strive to provide world class financial planning and service for our clients and referrals.
 

 

 

(New clients accepted by referral only) 

Newsletters

Tax Law Keeps S Corporations Attractive

S corporations are more common than C corporations and partnerships, perhaps because they are not subject to the corporate tax. Instead, profits and losses flow directly to shareholders, who are currently taxed at lower individual income tax rates. Read why reorganizing as an S corporation may be a smart move.

Averaging Ups and Downs

Stock market volatility was the norm in 2011, and that can be hard on an investor’s nerves. Utilizing a dollar-cost averaging strategy may help even out your portfolio’s ups and downs, as explained in this article.

Finding a Good Time to Invest

When a prominent stock market index closes above an important threshold, many investors who have been sitting on the sidelines may see it as good time to invest, but they may have missed a significant part of the rally. Waiting for the "right" moment to invest could prove to be a costly and ineffective strategy.

Investing in the Future

Due to the fiscal struggles of state governments, in-state tuition and fees at public four-year colleges and universities rose dramatically for the 2011-12 school year. The cost of private institutions also continues to increase. This article presents information on the cost of a college education and how a 529 plan may be a helpful savings vehicle.

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Calculators

Net Worth

A balance sheet summarizes your assets and liabilities and reveals your net worth.

College Funding

Use this calculator to estimate the cost of your child’s education, based on the variables you input.

Savings Goals

How much do you need to save each year to meet your long-term financial goals?

Cost of Retirement

Use this calculator to estimate how much income and savings you may need in retirement.

More Calculators →

Contact Info

Phone: 314-961-7878

David@38streetfa.com

Local Office | Branch Office