A recent survey shows that 63% of investors are more interested in protecting their financial assets and planning for uncertainty in the future than anything else.1 There are many reasons for this change, but here are a few of the most impactful to keep in mind. Pandemic worries. One reason for this shift is directly… Read More
Now and again, the price action on Wall Street can surprise even the most seasoned investors. Look no further than when President Biden in late April proposed an increase in the tax on capital gains to 39.6% from 20% for those Americans who earn more than $1 million. Stocks dropped on the news, with the… Read More
It can be exhausting trying to keep up with the whims of Wall Street. Lately, the financial markets have been fixated on federal taxes and what may be proposed on Capitol Hill in the weeks and months ahead. Wall Street’s focus on taxes closely follows its attention on the 10-year Treasury yield. And it wasn’t… Read More
Recently, I held a strategy meeting with a client. It started pretty standardly, reviewing their goals and needs then reviewing account performance. Before we even had their account pulled up the client said “Oh yeah, I’ve seen the headlines, I’m sure my account is down.” I was pretty surprised by their sentiment. We talked for… Read More
You want to draw some income while preserving some of your capital. So, you decide to take a look at fixed-income investments. A little research shows you that 10-year Treasury notes haven’t yielded more than 2% since July 2019. One-year T-bills haven’t yielded 1% since February 2020. You shrug and think, “Ah, well, low-interest rates,… Read More
Every time the market takes a dip, there’s that little voice in the back of your head that thinks “What if this time is different?” Spoiler Alert… It usually isn’t. Sure, different scenarios arise but market corrections are incredibly common. How common? Let’s take a look. Take a look at this graphic from a Charles… Read More
Every few months, you may hear the phrase “earnings season” as you listen to financial news. But what exactly is “earnings season,” and why is it important to Wall Street? Earnings season is the time when a majority of publicly traded companies release their quarterly financial reports. Companies often go into great detail about their… Read More
The first two weeks of 2021 have already had many ups and downs. Just because it’s a new year doesn’t mean that the 2020 issues go away, and so far, 2021 has been no exception to this rule. The markets opened on January 4 and traded lower out of the gate, with the S&P 500… Read More
As much as you would like to, you can’t keep your money in your retirement account forever. These investment vehicles include 401(k)s, IRAs, and similar retirement accounts. Under the SECURE Act, once you reach age 72, you must begin taking required minimum distributions from your 401(k), IRAs, or other defined contribution plans in most circumstances.… Read More
As an investor, it can be tempting to get caught up in daily news headlines. Consider how news about the election and COVID-19 vaccines have moved the markets over the past several weeks. Having a financial strategy, however, can help you ignore short-term volatility and focus on your long-term vision. As you know, investing is… Read More