Congratulations to the Class of 2020! Commencements are looking a little different across the country this year with virtual, socially distant ceremonies. While the graduates’ next steps may be private school or off to college, as parents or family members, you may be wondering the best way to help …
Financial Planning
Frequently Asked Questions (FAQ) During The COVID-19 Downturn
The events of the last few months have unfolded quickly, and for all of us life changed dramatically in a very short period of time. Even now, we don’t yet know when things will return to any semblance of normal. But even though we are not finished with this crisis by any means, it is still possible …
Tax Planning Strategies During Market Declines
Market volatility can provide plenty of opportunities for portfolio rebalancing and this is especially true when markets enter “correction mode”. Market corrections are associated with price declines of 20% or more. As many of you know, we are actively monitoring investment portfolios for …
Time Sensitive Opportunities Created by the CARES Act
Last Friday, President Trump approved a $2 trillion emergency fiscal stimulus package called the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The new law includes a wide range of provisions for both loans and outright rebate payments or tax credits aimed at helping individuals, …
Top 10 Ways to Stay Sane in a Difficult Market
As you try to keep your wits about you in this crazy environment, here is a list of our “Top 10 Ways to Stay Sane in a Difficult Market.” When you are feeling anxious, try to remind yourself of the following: When things seem to be at their worst, recovery could be just around the corner. The …
Maintaining Perspective in Difficult Markets
With the high level of volatility that global markets have experienced over recent weeks, you may be asking if there is a threshold at which we would recommend selling investments and waiting on the sidelines for markets to settle down. Essentially, does it ever make sense to hit the …
Touching Base on the Markets
Yesterday we reached two unwelcome milestones. The global coronavirus was labeled as a pandemic by the World Health Organization and the US stock market’s decline is now in bear market territory. (A bear market is any market that has declined 20% off of its highs.) …
Thoughts on the Market
Anytime that global stock markets drop by 5%+ within a few days, we know that this can create some anxiety. Similar to experiencing turbulence in an airplane, rationally we all know that a plane soaring high above the earth is never going to actually fall out of the sky, but the sudden jolts …
How To Prepare For Tax Season
Many people put off dealing with their tax information because it can feel overwhelming. Starting early, being organized, and staying in-touch with your tax professional throughout the year are easy ways to avoid the last-minute headache of tax preparation. Here are some tips and information to help …
Year In Review: 2019
Returns in 2019 were strongly positive in all categories, providing most of the families that we serve with double-digit returns for the year. In fact, global stocks had their best year since 2009, and bonds had their best year since 2002. This served as a welcome contrast to 2018, where nearly …
