An early look at possible changes in capital gains... From Morningstar: Biden's Capital Gains Tax Plan Could Mean Big Changes for Wealthy Investors Click Her e to continue reading.
Monthly Economic Update Presented by Peck Financial Advisors April 2021 U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62 percent. The Standard & Poor’s 500 Index rose 4.24 percent while the tech-heavy Nasdaq Composite added 0.41 percent. 1 Bonds Take Center Stage The month began strong, thanks to a retreat...
We're hearing a lot in the financial news about rising interest rates and the possibility of inflation. Here's an article with some helpful perspective from the Capital Group, "Four Reasons Not to Fear Rising Interest Rates"... Click here.
This is the most comprehensive article I've seen so far descirbing the impact of covid legislation on 2020 taxes. Check it out click here.
Monthly Economic Update Presented by Peck Financial Advisors, March 2021 U.S. Markets Stocks notched a solid gain in February thanks to growing optimism surrounding the economic recovery and decreasing number of COVID-19 infections. The Dow Jones Industrial Average led, picking up 3.17 percent. The Standard & Poor’s 500 Index rose 2.61 percent, while the Nasdaq Composite added 0.93 percent. 1 Singular Focus Investors focused on fundamentals during the month as the U.S. presidential election and...
Monthly Economic Update Presented by Peck Financial Advisors February 2021 U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, as unprecedented activity in a handful of companies roiled markets. The Dow Jones Industrial Average dropped 2.04 percent and the Standard & Poor’s 500 Index fell 1.11 percent. By contrast, the Nasdaq Composite gained 1.42 percent. 1 Mixed Signals The stock market stumbled at the...
Monthly Economic Update Presented by Peck Financial Advisors January 2021 U.S. Markets A tumultuous year ended on a positive note as stocks rose in December, spurred by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. The Dow Jones Industrial Average, which lagged all year, picked up 3.27 percent. The Standard & Poor’s 500 Index gained 3.71 percent, and the Nasdaq Composite tacked on 5.65 percent. 1 Vaccines Take...
Retirement Blindspots Some life and financial factors that can sometimes be overlooked . Provided by Valerie Peck, Principal and Founder We all have our “blue sky” visions of the way retirement should be, yet our futures may unfold in ways we do not predict. So, as you think about your “second act,” you may want to consider some life and financial factors that can suddenly arise. You may end up retiring earlier than you expect...
Building a Healthy Financial Foundation How many pieces do you have in place? Provided by Peck Financial Advisors When you read about money matters, you will sometimes see the phrase, “getting your financial house in order.” What exactly does that mean? When your financial “house is in order,” it means it is built on a solid foundation. It means that you have six fundamental “pillars” in place that are either crucial for sustaining your financial...
Who Saved the U.S. Stock Market Last Spring? A report by John Rekenthaler, Morningstar. Dry Powder It wasn’t that long ago, yet it was also 10,000 Dow Jones points away. In late March, U.S. equities were reeling, having shed one third of their value over the previous five weeks. Then spring arrived--and boy, did it arrive. By August, the S&P 500 had fully recovered its losses. The broader market eventually followed suit, such that even...
Monthly Economic Update Presented by Peck Financial Advisors, December 2020 U.S. Markets Stock prices powered higher and emboldened investors in November thanks to a series of positive news events. The Dow Jones Industrial Average, which has lagged much of the year, led the rally, jumping 11.84 percent. The Standard & Poor’s 500 Index tacked on 10.75 percent while the Nasdaq Composite rose 11.80 percent. 1 All Eyes on the Election Stocks opened the month strong...
Robo-Advisors vs. Human Financial Professionals If an investor chooses a non-human financial advisor, what price could they end up paying? Provided by Peck Financial Advisors Investors have a choice today that they did not have a decade ago. They can seek investing and retirement guidance from a human financial professional or put their invested assets in the hands of a robo-advisor. What exactly is a robo-advisor? Robo-advisors are a class of financial advisors that provide...
