Treasury yields were essentially flat over the past week. The 10-year yield stood at 1.70 percent early Monday morning, slightly below last Monday’s 1.72 percent. Read more now in this week’s market summary (PDF).
Weekly Market Summary – 4/17/13
Treasury yields were higher last week after having fallen to their lowest levels since the fourth quarter of 2012. The 10-year yield ended the week at 1.72 percent, up from the prior week’s 1.68-percent finish, and stood at 1.71 percent Monday morning.
Read more now.
Social Security at 62? Or Wait? Our Free Workshop Will Tell You More
The decision about when to start taking Social Security is one of the most important financial security decisions someone can make. It’s no longer as simple as turning 62 and filing for the funds.
Brian Beaulieu, a chartered financial consultant at Allen Insurance and Financial, is offering workshops this spring to explain the steps to take to help reap the rewards of Social Security by pinpointing the best time for an individual and his or her spouse to start their benefits.
These workshops, all scheduled for noon to 1 p.m., are free and open to the public. There is no obligation to buy or sign up for anything.
Participants can bring a brown bag lunch; water will be provided.
Here is the schedule:
- Southwest Harbor: Wednesday, April 24, Harbor House.
- Rockland: Tuesday, April 30. Maine Lighthouse Museum,
Park Drive. - Camden: Thursday, May 2. Camden Public Library.
- Belfast: Wednesday, May 8. Waldo CountyYMCA.
Allen Insurance and Financial is an employee-owned insurance, employee benefits, and financial services company based in Camden. Call 800-439-4311.
Securities and Advisory Services offered through Commonwealth Financial Network®, www.FINRA.org/www.SIPC.org, a Registered Investment Adviser. Fixed insurance products and services offered by Allen Insurance and Financial and L.S. Robinson Co. are separate and unrelated to Commonwealth. 31 Chestnut St., CamdenME04843. This communication is strictly intended for individuals residing in the states of AZ, CO, CT, DE, FL, HI, IN, LA, MA, MD, ME, MO, NH, NJ, NM, NY, PA, SC, TN, TX, UT, VA, VT, WA. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.
Now Open In Belfast!
Allen Insurance and Financial is pleased to announce the opening of the company’s Belfast office at 156 High Street. This is the company’s fourth Maine location and will offer business and personal insurance and financial planning services.
“We work with a growing number of individuals, families and businesses in Belfast and the surrounding towns in WaldoCounty. Opening a Belfast location is about customer service – plus it makes good business sense for our company,” said Michael Pierce, president of Allen Insurance and Financial. “We are looking forward to meeting our neighbors and becoming more involved in the community.”
The Allen Insurance and Financial Belfast office will be staffed by (from left, in photo above): Brian Beaulieu, financial advisor; Joella Rossignol, personal insurance specialist; Mallory (Follett) Arsenault, commercial insurance service and Gene Newton, financial paraplanner.
Allen Insurance and Financial has other offices in Rockland, Camden and Southwest Harbor, where the company operates as L.S. Robinson Co. Allen is an employee-owned, community-minded company providing insurance and financial planning services to people in Maine and all over the world.
Weekly Market Summary – 4/1/13
Both the S&P 500 Index and the Dow Jones Industrial Average set new all-time highs last week, gaining 0.83 percent and 0.46 percent, respectively, in the process.
U.S. Treasury rates were lower heading into the holiday weekend. The yield on the 10-year Treasury stood at 1.83 percent early Thursday morning; it was up slightly to 1.87 percent as of Monday, April 1.
Read the Allen Insurance and Financial Weekly Market Summary for April 1, 2013.
Supporting the Penobscot Bay YMCA’s Healthy Kids Day
Allen Insurance and Financial and Harvard Pilgrim Health Care are pleased to sponsor the 2013 Healthy Kids Day at the Penobscot Bay YMCA in Rockport.
“Healthy kids and healthy communities are at the heart of this partnership,” said Dan Wyman, employee benefits manager at Allen Insurance and Financial, pictured here with Troy Curtis, Executive Director at the Penobscot Bay YMCA.
YMCA Healthy Kids Day, set for April 27, from 10 a.m. to 2 p.m. at the Penobscot Bay YMCA in Rockport, is a day of free events and active play designed to encourage children and their families to try new and fun activities. YMCA Healthy Kids Day is celebrated nationwide at more than 1,700 YMCAs.
Harvard Pilgrim Health Care is a not-for-profit health plan serving more than one million members in New England. Founded in 1969, the health plan has built its reputation on pragmatic innovation with a goal of lowering costs, improving care and enhancing the overall member experience. Harvard Pilgrim is known for its excellent clinical programs, customer service, health improvement strategies and innovative tools that offer consumers greater transparency and empower them to make better decisions about their health care. Ranked as the top private health plan in America for nine consecutive year by the National Committee for Quality Assurance, Harvard Pilgrim says: ” Count Us In” to the members and communities it serves.
Weekly Market Summary – 3/25/13
Early Monday morning, Treasury yields were approximately the same as they were one week ago. The 10-year yield stood at 1.95
percent on Monday, after testing the lower part of its trading range, 1.89 percent, late last week.
Equity markets reacted negatively last week to the news that Cyprus needed a bailout from the European Union. The S&P 500 was
down as much as 1.5 percent in the first two days of trading before recouping some losses later in the week.
Weekly Market Summary – 3/18/13
The yield on the 10-year Treasury dropped to 1.93 percent early Monday morning, its lowest level in three weeks, as investors moved into perceived safety assets on concerns over Cyprus’s debt crisis—which was front-page news. Read more now.
Weekly Market Summary – 3/11/13
Treasuries sold off last week, pushing the yield on the 10-year back over 2 percent by early Monday morning. This space continues to exhibit volatility, as the 10-year was as low as 1.83 percent in the prior week. Read more now.
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