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As circumstances our world faces change daily, the concern for those less fortunate grows. Our Custodian, Charles Schwab, sent out information including resources (listed below) for those who would like to help during this time of great need for many.

Ok, we didn’t plan specifically for the Coronavirus.  But over the past year or so we have spent a lot of time with our clients going over their risk tolerance and their asset allocation to make sure everyone was comfortable with the amount of risk in their portfolios. 

Lower Interest Rates – the good and the bad

First the good news.

Coronavirus and the Stock Market

February 27, 2020

There have been recent changes to the FICO score calculation. FICO stands for Fair Isaac Co., which uses one of three credit reporting agencies (Equifax, Experian, or TransUnion) to create the FICO score. The FICO score is used by lenders to determine the ability of an individual to pay a loan back. The FICO score is used to apply for mortgage, car loans, among other debt instruments.

There is a lot of news flow right now, with the tragic helicopter crash that killed Kobe Bryant, his daughter and several other people, the Trump Impeachment and the Coronavirus.  The stock market has continued to downplay the impeachment process, and this will probably be a non-event for the markets, unless it leads to the removal of the President from office (which seems unlikely with th

SECURE Act

On December 20^th, President Trump signed the SECURE Act.  A significant piece of legislation that will impact retirees and workers preparing for retirement and their heirs. 

Here are a some of the major changes:

Required Minimum Distributions

The great investor, Peter Lynch, is credited with saying, “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”  Since 1982 our firm’s philosophy has been to not try and time the market, as we know it is a loser’s game.  What is important to become a successful l

On August 19^th, a group representing many of the nation’s most powerful business executives refuted economist Milton Freidman and the idea of pursuing corporate profits at any price. This group, called the Business Roundtable, is comprised of 192 CEO’s of American companies who stated they will no longer focus solely on creating wealth for their shareholders.

Over the years, many of us have accumulated a mountain of CDs, hard drives, devices, online accounts, and other mediums that store information that are unused. Outside of the key information you kept stored on purpose for long-term use or retrieval, it is good to periodically assess and dispose of unneeded storage media and information.