In the past century, there have been 15 recessions in the US. In 11 of those instances, stock returns were positive two years after the recession began.
Stock markets typically drop well before a recession is officially announced and then rebound before the recession is officially over.
Commit to holding onto your portfolio’s stock allocation for the long term and rebalancing it if markets drop due to a recession or any other event that may trigger a bear market
The US equity market posted positive returns for the quarter and outperformed both non-US developed and emerging markets.
US real estate investment trusts outperformed non-US REITs during the quarter.
The Bloomberg Commodity Total Return Index returned -2.56% for the second quarter of 2023.
The 1% strategy has many applications to the process of growing wealthy, from saving more money to building a business or even getting a new insurance quote. These small victories, done consistently, do add up over time.
Read MoreUS Bank is in the process of converting all Union Bank checking and savings accounts, mortgages, investment accounts, and credit cards to their platform.
Read MoreEvery family should create a Family Emergency User Manual. This is your family’s financial and operational blueprint in case an unexpected crisis happens.
Communicate or leave a Trail on How to Find your User Manual.
Consider gifting to family members or charities during your life so you’re able to enjoy seeing others benefit from your generosity.
The US equity market posted positive returns for the quarter and underperformed non-US developed markets, but outperformed emerging markets.
REIT indices underperformed equity market indices.
Across equities, Value and Small caps underperformed Growth and large caps.
I am excited to announce that Andrew is now a Shareholder Partner with Financial Alternatives.
Read MoreDuring tax season, a common question we hear from clients is, “How will custodial account income from my children’s accounts be treated for taxes?” The answer is that it depends on how much income was realized over the course of the year, if they have earned income from work, and whether Kiddie Tax comes into play.
Read MoreThe US equity market posted positive returns for the quarter and underperformed both non-US developed and emerging markets
Emerging markets posted positive returns for the quarter and outperformed the US market, but underperformed non-US developed markets.
The Bloomberg Commodity Total Return Index returned +2.22% for the fourth quarter of 2022.
2022 was the seventh worst calendar year loss for the S&P 500 Index since the 1920s, down -18.1%.
The 13% drop in the Aggregate Bond Index for the year was over 10% greater than any other annual drop in this index’s history!
Since 1928, the S&P 500 Index has experienced two or more consecutive negative years just eight times.
Develop the habit of reviewing your estate planning documents and beneficiary designations on a regular basis. We recommend doing this at least every two to five years at a minimum and always after any significant life event.
Even a young adult should have the following estate planning documents: Advanced Health Care Directive, Financial Power of Attorney, Beneficiaries for accounts, Last Will and a Digital Will.
The recently signed bill by President Joe Biden was a $1.7 trillion omnibus spending bill which includes Secure 2.0 Act retirement savings legislation. This landmark legislation includes many changes to retirement savings. Here’s a rundown of some key points that we think may have direct impact on your retirement saving strategies.
Read MoreWe all learned our ABCs as kids, and the nice thing about the alphabet is that it never changes. This is not the case for the ABCs of estate planning - where things can and do change often, especially with structures such as AB Trusts.
Read MoreThe Middle Class Tax Refund is a one-time tax refund payment for California residents who filed a 2020 tax return with an AGI (adjusted gross income line 17 of CA Form 540) of less than $250,000 (Individual) or less than $500,000 (Married or Head of Household).
Read MoreThis blog discusses an exciting new development in the prevention of real estate fraud in San Diego County!
Read MoreThe US equity market posted negative returns for the quarter and outperformed both non-US developed and emerging markets.
The Bloomberg Commodity Total Return Index returned -4.11% for the third quarter of 2022.
US real estate investment trusts outperformed non-US REITs during the quarter.
Many parents and grandparent establish 529 plan Education Savings Accounts for their children or grandchildren to help pay for future education expenses. 529 accounts are state sponsored investment plan accounts that offer tax free growth when the funds are used to pay for private K-12 or college expenses.
Read MoreBeing self-employed and owning a business provide many benefits but it can pose challenges for your personal finances. Here are some financial planning tips for small business owners to consider.
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