The market trumoil continues as the country grapples with the COVID-19 outbreak and institutions take additional precautions and focus on business continuity plans.
The world is watching with concern the spread of the new coronavirus. The uncertainty is being felt around the globe, and it is unsettling on a human level as well as from the perspective of how markets respond.
They say we get wiser as we get older, but let’s face it: Many new uncertainties and challenges can crop up as people get deeper into their golden years. Changes in physical health and issues with memory can mean you—or your elderly parents—might require new types of never-before-needed assistance.
A big “point” drop in the stock market today. The newspapers will have big headlines of “DJIA Drops 1,031 Points” in the morning. Many news sources already have it on the top of their webpages. People who never talk about the stock market will begin talking about it.
One way advisors can add value to your bottom line is by helping you to minimize your tax bill. It’s referred to as tax efficiency. There are two main ways that advisors can help with tax efficiency:
“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”-Mark Twain
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
It’s easy to feel anxious about investing these days. Those who claim they can foresee market moves are out in force, on screen after screen, citing factors such as trade wars or the inverted yield curve as signals that stocks will soon go down.
“The bad news is time flies. The good news is your’re the pilot.” Michael Althsuler
As we noted in our June newsletter, there was a possibility of potential law changes in 2019.