What Monsters are Lurking in Your Portfolio?

It’s the scariest time of the year. Halloween is here. It’s time for trick-or-treaters, haunted houses, spooky home decorations, and more. This may be the scariest time of the year, but it only lasts a month. The truth is there could be gaps in your investment strategy that could come back to haunt you for […]

October 15, 2020 Uncategorized Tags: , ,

The Problem With Robo-Advisors

Technology has revolutionized every aspect of our lives, so it shouldn’t come as a surprise that tech-based investment platforms, known as robo-advisors, are becoming more popular. Robo-advisors were created in the aftermath of the 2008 financial crisis, as an alternative to traditional financial advisors and investment managers. This year, robo-advisor platforms crossed the $1 trillion […]

October 15, 2020 Uncategorized Tags: , , ,

COVID Economic Update: Fed Chairman Says Recovery Will Take Years

On Wednesday, September 16, Federal Reserve Chairman Jerome Powell offered his assessment of the economic recovery. The press conference offered some positive news, but also a sobering prediction that a full economic recovery will take years.1 The good news is that the Fed has cut its 2020 median unemployment rate projection to 7.6%, down from […]

October 1, 2020 Uncategorized

Has 2020 Volatility Thrown Your Allocation Out of Whack?

The financial markets have been on a wild ride in 2020. The year began with a continuation of the bull market that started in 2009. The longest bull market in history, however, came to an abrupt end with the arrival of the COVID-19 pandemic.1 From February 20 to March 23, the S&P 500 fell by […]

Fourth Quarter Preview: What to Expect for the End of 2020

It took just under five months for it to happen. On August 17th, the S&P 500 closed at 3389.78—an all-time record. That record is also significant because it means the index officially recouped all losses from the downturn that happened in March.1 This year has been a rollercoaster ride for investors. The S&P 500 dropped […]

COVID Economic Update: Is a Second Stimulus on the Horizon?

As the COVID-19 pandemic stretches into its seventh month, leaders in Washington are debating a second stimulus bill. On August 8, President Trump signed executive orders that extended the federal unemployment benefit, but reduced the amount from $600 per week to $400. The orders also suspended the payroll tax through the end of the year, […]

Is a resurgence threatening our recovery?

The United States set a somber record on Thursday, July 16, 2020, with more than 75,000 new COVID-19 cases. In fact, the U.S. set new single-day COVID-19 records 11 times between June 17 and July 16. Dr. Anthony Fauci predicts the country will soon top over 100,000 new cases each day.1 COVID-related deaths are also […]

August 20, 2020 Retirement Planning

Can You Count on Social Security to Fund Your Retirement?

Social Security is a critical piece of the income puzzle for most retirees. In fact, half of married retirees and nearly 70% of unmarried retirees rely on Social Security for more than 50% of their retirement income.1 Your Social Security benefit amount is based on a few factors, including your career earnings and your age […]

5 Ways to Reduce Your Taxes in Retirement

What are the biggest expenses you’ll face in retirement? Healthcare? Housing? Travel? All of those costs could be significant, but one of the biggest could be taxes. That’s right. Just because you’re done working, doesn’t mean you’re done paying taxes. Many sources of retirement income, like Social Security, pensions, and retirement account distributions, are taxable. […]

Take a look at the asset winners and losers in 2020

We’re halfway through 2020, and the year has already been a rollercoaster. We’ve seen a global pandemic, record unemployment and racial protests across the country. And let’s not forget, there’s a presidential election campaign season in full swing. Of course, the events of this year have rocked the financial markets. Between February 19 and March […]

July 22, 2020 Uncategorized
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