Market Update: Making Lemonade out of Lemons
We sent the following letter out to clients and friends of Beacon Financial Advisors today... Market Update: Making Lemonade Out of Lemons A lot has changed since I emailed a couple of weeks ago. I’m sure you have been bombarded by news, articles, etc., so below is just a brief summary of what has...
Market Update: Take a Deep Breath
This has been a crazy week in the stock market (and in news in general), so I wanted to check in with you and see how you are doing. The news has been dominated by the outbreak of the Coronavirus the last few weeks. At first, the stock market brushed off the news, but this week has...
Tax Changes That May Be Overlooked
Some alterations to the Internal Revenue Code were less publicized than others. Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet underrecognized) adjustments that may affect...
News by the Numbers
News by the Numbers Five noteworthy figures from the previous week 4.19% How much the Dow Industrials lost last week. After big plunges Wednesday and Thursday, Friday saw a rally for the index: the blue chips gained 287.16. Across the previous two days, the Dow slid 1,378 points. Fears about...
The Return to Market Volatility
Happy Tuesday. I just wanted to check in with you briefly and give you my thoughts on the stock market. As you are probably aware, the stock market has been very volatile in 2018 (and especially the last few days), with extreme moves to both the upside and downside. If you have had a financial...
Five Things to Consider Before Retiring Early
The magic number for most people to retire is age 65. However, some people will retire before then, whether by choice or by chance. If you will be retiring before “normal retirement age”, you may face many challenges, such as how to tap into your assets, the high cost of health care before...