Todd Schanel, CFA, CPA, CFP® and Jackie Goldstick, CFP®

2020 year in review-investing-investor-financial planning

2020: An Unforgettable Year

A global pandemic, a severe and abrupt recession, and civil unrest made 2020 a truly tumultuous and unprecedented year. But perhaps the real story of 2020 is one of resilience – the resilience of people, institutions, and the financial markets. For the year, U.S. stocks generated a positive return of more than 20%.  Non-U.S. stocks…

Details

Wealth Management-Stock Market-West Palm Beach FL

The 2020 Election and Your Investment Portfolio

With election time now getting closer, we are inundated with opinions and prognostications about not only who will win but what that victory will mean for the markets.  When you couple the uncertainties of the election with the other trials facing our country including, but not limited to, high unemployment, the economic and personal consequences…

Details

2020 Market Update-NAPFA-FeeOnly-Jupiter FL

The Economy vs. The Market

The terms “stock market” and “economy” are often used interchangeably, but they are not one in the same.  Perhaps this has never been more evident than over the past several months.  The state of the economy, according to most measures, is bleak, with economic activity contracting, an unemployment rate of more than 10%, and an…

Details

CARES Act-NAPFA-FeeOnly-Jupiter FL

CARES Act: IRA and Retirement Plan Provisions

There are several provisions in the CARES Act, which was signed into law on March 27, 2020, that provide flexibility to retirement account owners. In a previous blog post, we discuss the suspension of Minimum Distribution Requirements for 2020.  But perhaps the most significant change to IRAs under the CARES Act was the establishment of…

Details

Q and A-COVID-investment-stock market-fee only advisor-JupiterFL

Coronavirus and The Stock Market: Q&As From Our Clients

Global markets closed on Monday approximately 30% off of the highs reached just one month ago. The sell-off has been dramatic and breathtakingly swift. We have been getting some great questions from clients, so we thought we might share some of them along with our thoughts in the following Q&A. We hope you find it…

Details

Stock Market Decline-Bear Market-Financial Planner-NAPFA-Fee Only-Jupiter FL

Our Thoughts on the Coronovirus Sell-Off

Fueled by fears related to the Coronavirus and compounded by a drop in oil prices, the US stock market has exhibited extreme volatility over the past several weeks. While double digit corrections are not unusual, this has been an historically abrupt decline. When you hear about stock market risk, this is it.  It is the…

Details

Stock Market-Bear Market-Recession-NAPFA

Market Corrections, Bear Markets, and Recessions: A Primer

As the markets continue to move up and down and as the media continues to have a field day playing with our emotions, it is no wonder that many investors find themselves questioning what lies ahead.  While no one can predict what the markets will do or how people will react to the news of…

Details

CFP-Retirement Planning-JupiterFL

Three Reasons Not to React to Financial News

Stock prices change as new information becomes available.  It’s not surprising that many investors believe that it is crucial to follow financial news carefully and then act quickly on news that might be relevant to their investments.  While this may sound like a good idea, the reality is that you cannot expect to consistently improve…

Details