Volatility & the Coronavirus

Hello all,

I wanted to post a new article on this fifth day of market tumult.

Fears of a pandemic over the continuing spread of the coronavirus, coupled with the worries over disruptions to the global supply chain, seem to have resulted in panic selling.

Please see attached an article from Brian Wesbury, Chief Economist with First Trust, as well as a chart showing S&P 500 Index Price Performance since 1980 with impacts from major outbreaks or epidemics.

Please feel free to contact us if you have any questions or concerns!

Time to Fear the Coronavirus?

Epidemics – 2020

An Investment Perspective of the Coronavirus

Mark Twain once said, “History doesn’t repeat itself, but it often rhymes.”

With that in mind, I want to share some historical perspective which may help us look forward at this new virus, and what it may mean from an investment perspective.  Please follow this link from one of the industries leading partners, at Morningstar.   2020_Coronavirus

If you have any questions, please do not hesitate to reach out to us.

Love, Marriage & Money

 

Planning for Marriage

What is it?
Planning for marriage encompasses more than just deciding whether to serve chicken at the reception and whether you should take a honeymoon cruise. If you are planning for marriage, you are faced with the enormous responsibility of combining your personal finances with your spouse’s and reassessing the way you and your spouse structured personal finances as unmarried individuals.
Continue reading “Love, Marriage & Money”

Finding the Right Home

If you don’t really know what you’re looking for in a home, how do you find the right one? Careful planning and consideration of your options can help ensure that you will be happy with the one you select. You may decide that buying a traditional, single-family home is not your best bet. A condominium or a cooperative may better serve your needs. Or, you may decide that building a new home may be the only way to get what you want. Whatever type of home you end up looking for, your selection should be based on an educated decision.  Continue reading “Finding the Right Home”

How Much House Can You Afford?

Introduction

An old rule of thumb said that you could afford to buy a house that cost between one and a half and two and a half times your annual salary. In reality, there’s a lot more to take into consideration. You’ll want to know not only how much of a mortgage you qualify for, but also how much you can afford to spend on a home. In order to know how much you can truly afford, you need to take an honest look at your lifestyle and your standard of living, as well as your income and what you choose to spend it on. Continue reading “How Much House Can You Afford?”

The SECURE Act Offers New Opportunities for Individuals and Businesses

The SECURE Act (Setting Every Community Up for Retirement Enhancement Act) is major legislation that was passed by Congress as part of a larger spending bill and signed into law by the president in December. Here are a few provisions that may affect you. Unless otherwise noted, the new rules apply to tax or plan years starting January 1, 2020.  Continue reading “The SECURE Act Offers New Opportunities for Individuals and Businesses”

Buying a Home

What is it?

Finding the right home to buy can be a challenging prospect but knowing what to expect can make the process easier. You can (1) buy through agents representing the seller and/or use a buyer’s broker, (2) buy directly from an owner, or (3) shop the auctions and foreclosure sales. Once you find the house you want, you must make an offer, check for clear title to the property, and arrange for a home inspection. And after the closing, you can finally move into your new home. Continue reading “Buying a Home”

The SECURE Act will affect all of our retirement plans.

New Spending Package Includes Sweeping Retirement Plan Changes 

The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate. The SECURE Act represents the most sweeping set of changes to retirement legislation in more than a decade. Continue reading “The SECURE Act will affect all of our retirement plans.”

Homeownership

What is it?

If you’re like most consumers, homeownership involves the largest financial transaction you’ll participate in during your lifetime. As such, it’s no wonder that the process of buying or selling a home can be so stressful, frustrating, and, at times, totally confusing. If you want to ensure that you make sound financial decisions and survive the process with your sanity intact, you should first educate yourself about real estate transactions and then engage in careful planning. Your first step should be to ask yourself: “Do I really want to own a home? Continue reading “Homeownership”