The reported effects of COVID-19, its official name, has caused us to want to know more facts-of-the-matter about the Coronavirus, rather than relying on the TV for commentary on how this is affecting the economy. In choosing the name, the World Health Organization simply used the Co and Vi from coronavirus, with D meaning disease and 19 standing for 2019, the year the first cases were seen.
And why would the majority of us not use a financial advisor?
It is almost impossible to predict when, how severe or for how long flu season will be from one year to the next. But the Center for Disease control has estimated that the economic impact of the flu is a staggering $87 billion each year, including:
What is the value of a financial advisor?
Among others, the personal touch. Here are four stories of how flesh-and-blood advisors you meet in person (as opposed to a robo- advisor, where your contact is digital or over a phone line or even compared to a DIYer) benefited their clients.
Investing principles to provide you comfort during exuberant markets.
When markets reach new record highs, you wonder, “Is this a bubble?” When markets head the other way, you wonder, “Is this a crash?”
2020 Contribution Limit Changes & the Secure Act
Read on to understand the changes for 2020 so you can maximize your retirement.
There are some significant changes to your retirement plans starting January 1, 2020. Between the Internal Revenue Service announcing cost-of-living adjustments for tax year 2020 and the new Secure Act, there is a lot to digest.
The end of the year is when a lot of deadlines come up. So, as we head to the end of the year, now is a great time to make sure your financial plan is still on track. And it’s wise to use a checklist to see where you are and what you should do. Here are eight of the most common and important items to review with your financial advisor: