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In a recent study most people greatly underestimate how long they will live. There is a slight relationship between how long people thought they would live and how long they actually lived-but the most unusual finding was that people do not seem to fully understand the longevity risk they face. T...

Oil is in the middle of its steepest decline since the financial crisis of 2008. A major reason in the recent decline is the surging global oil production that has resulted in supply increasing more than demand. Although this is not great news for oil producers and distributors, it has been good for...

Last Friday, a federal judge approved a plan that would hopefully allow Detroit to escape years of financial ruin. The approved plan comes less than 16 months since Detroit became the largest city in the United States to file for bankruptcy. The plan enables the city to clear $7 billion in debt and...

I attended a Women's Philanthropy event held through the Jewish Federation of Rochester, of which, Brighton Securities was honored to have the opportunity to sponsor. The Women's Philanthropy Event or the Main Event for Women is a tremendous event that generates many charitable dollars which ultimat...

Last Wednesday, the Federal Reserve announced the end of its bond purchasing program. This announcement concluded a six-year program that began in November of 2008, known as Quantitative Easing, to help aid the economy and stabilize the crippling housing market. In addition to ending the bond-buying...

According to the Social Security Administration, in 2015, the average American will receive $1,328 a month, or, $15,936 a year in social security benefits. The administration announced that starting in January, more than 58 million recipients will see a bump in their monthly checks. Monthly benef...

If you drive a gas powered automobile, I'm willing to bet that your recent visits to the pump were pleasantly surprising. Crude oil has dropped nearly 20 percent over the last few months and reached a 27-month low on Wednesday night of $80.52 a barrel. A good portion of this recent pullback in oil p...

One of the best things about fall in upstate New York is apple season! Granny Smith, Red Delicious, Honey Crisp, Gala - you name it, we have it. However, there is a different kind of apple making headlines. Apple Inc. has positioned itself not only as a trend setter in the technology industry but ha...

After last week's continued volatility, market experts on financial websites and television networks have been predicting where the markets are headed. Those predictions vary greatly and, at any point, you could see headlines similar to: "The deja-vu selloff is reaching a crisis bottom", "This has b...

Please pardon the interruption to our regularly scheduled programming, but the recent market activity has issued me a call to arms. The S&P 500 and the Dow Jones Industrial Average, as of this writing, are officially in negative territory year-to-date, both down roughly 8% since their September peak...