Even as equities set record highs, investors remain skeptical of this long-lasting bull market. Liz Ann Sonders of Schwab disagrees with those who think the earnings can’t continue. Purchases of single-family homes are also climbing and have reached their highest level in eight years. Michelle Jamrisko covers the continued housing recovery for Bloomberg. Homeowners insurance can still be costly, but you may be able to lower your premium by as much as 39% by raising your deductible. Kimberly Lankford summarizes the details offered in a recent study by Insurance Quotes.

New Records…Same Skepticism–  After repeatedly failing to break through to new highs over the previous year, the Dow Jones Industrial Average and the S&P 500 finally broke through with gusto, moving to all-time highs.   This latest move continues the equity bull market that has been in place since 2009, with some investors increasingly worried about the possibility that it’s getting a bit long in the tooth.  Liz Ann Sonders of Charles Schwab & Co. counters that argument by noting that this appears to be one of the least respected bull markets of all time. Read more…

Sales Of New Homes Surge To Highest Level Since 2008–  Bolstered by low interest rates and a strengthening labor market, purchases of new single-family home sales in the US accelerated last month to their highest level in eight years. Sales rose 3.5% to a seasonally adjusted annual rate of 592,000, the biggest total since February 2008, the Commerce Department said.  Read more…

Cut Your Homeowners Insurance Premiums With 1 Simple Step– A study by InsuranceQuotes.com recently found that raising your deductible from $500 to $1,000 reduces premiums by an average of 6.5%; raising it from $500 to $2,000 reduces premiums by an average of 16%; and raising it from $500 to $5,000 reduces premiums by an average of 28%.  Read more in this Kiplinger article. Read more…

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