Wow what a year in the stock market!

We started the year hearing about Coronavirus for the first time. Then the first Coronavirus death occurred in February in Seattle.  Then the pandemic took over, causing States to shut down all activities. The market plummeted over 34% in March.

Since then...

The U.S. stock market was up an impressive 9.24% for the third quarter, which is somewhat surprising given the market correction that occurred in September. 

The correction was due mostly to fears that stock prices have recovered too much too quickly.  It was a standard market pullback, and not...

Quarterly Market Update 6.30.2020

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The U.S. stock market was up 21.98% in the second quarter of 2020, producing an incredible “v shaped” recovery from the first quarter which was down -20.57%.  

This market crash reinforced the lesson of past market crashes: when the market drops suddenly and rapidly the best thing you can do is...

Quarterly Market Update 3.31.2020

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The numbers are in for one of the worst quarters in the history of the U.S. stock market.  The U.S. market was down -20.57% for the first quarter of 2020.

In unprecedented fashion, the U.S. economy has been shut down to control the coronavirus, creating extraordinary volatility in the U.S. stock...

Legislative Updates, CARES Act of 2020

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CARES Act is the stimulus legislation passed to address the economic damage created by the shutdown of the country to deal with the Coronavirus.  The CARES Act creates a new emergency retirement plan distribution, changes loans and required minimum distributions.

A new emergency distribution...

Legislative Updates, SECURE Act of 2020

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The SECURE Act was included in a spending bill that was passed at the deadline to keep the government funded.

The Provisions:

Required Minimum Distribution age increases from 70½ to 72 for participants who turn 70½ in 2020.  unfortunately, participants who turned 70½ in 2019 and have already...

Navigating a Financial Crisis

by Scott Campbell on

During a crisis, you need answers, and your financial advisor knows this. It is a scramble to find the right information, and sometimes you do not even know whom to call. So, what do you do? Well, luckily for you, we have spent some time thinking about this and have come up with some of the most...

Market Alert 3.13.2020

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Buy, Buy, Buy!!!!

After yesterday’s record drop, now is a fantastic time to buy stocks.  If you can afford to contribute more to your 401(k), now is a very good time to increase your savings rate.  The best time to buy is when stock prices are low.  Stock prices are low.

To increase your...

Market Alert 3.12.2020

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Coronavirus Madness

For those that don’t want to read a lot – do not make any changes to your investments.  If you are upset, as we all are, do not look at your accounts.  The market is very close to dropping to the bear market level, meaning down over 20% from its recent high.

I have been...

Market Alert 3.2.2020

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Coronavirus!  Coronavirus!  Coronavirus!

The coronavirus hit the stock market last week with vigor.   The U.S. stock market suffered a substantial drop last week over fears of the coronavirus.  The S&P 500 dropped 8.40% last week.

Then, in true fashion, the market rocketed upwards today...

Market Update 12.31.2019

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The U.S. stock market was up 8.99% in the fourth quarter of 2019 and up 31.22% for the year.  2019 was an incredible year in the market.  All investment types performed very well. Market volatility flattened during the fourth quarter as stock prices roared higher.  The Federal Reserve’s reduction in...

Market Update 9.30.2019

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The U.S. stock market was up 1.28% for the third quarter of 2019 and up 20.40% year to date.

Market volatility increased during the past quarter.  August, September and October are the most volatile months for the stock market historically.  The trend is certainly holding true this year.  

The...