The first presidential debate is this week, along with the employment report on Friday. As usual, the news affects the markets, and investors need to keep a close watch.
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-sp-continues-decline-but-home-sales-on-the-rise/
Motivation Monday:
Investing is a matter of discipline, research and strategy – not luck or magic. Check out our complimentary Investment Process Guide to learn more.
https://cloud.carsonmx.com/resource?brandid=0010H00002Gbu8mQAB&guidekey=investment-process
This year has brought many changes to the financial industry. Let’s talk about how it has affected charitable gift planning and how we should navigate those changes.
Join us at 3 p.m. CT TODAY for our webinar, “Charitable Gift Planning Strategies for 2020.”
Register here:
https://attendee.gotowebinar.com/register/4012262375452166157?source=BMY+Wealth
The economy showed diminishing returns in most sectors last week. However, a slight rise in retail and food service shows a country ready to leave the house.
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-restaurants-are-rebounding-but-sp-still-lags/
What kind of investor are you? Where are you on the wealth journey? Developing a custom strategy will help you invest wisely and comfortably. Download our complimentary Investment Process Guide to learn more.
https://cloud.carsonmx.com/resource?brandid=0010H00002Gbu8mQAB&guidekey=investment-process
This year has left the markets volatile and investors confused. Join us for our webinar “Estate Planning in 2020” on Thursday, October 15, at 2 p.m. CT. We’ll look at how you can prepare for the future in an uncertain present, and explore how to think strategically about optimizing your legacy plan.
Register Here:
https://attendee.gotowebinar.com/register/6814808663465676047?source=BMY+Wealth
Many corporations will report earnings in coming weeks. Analysts expect earnings from companies in the S&P 500 will decline 20.5% in the third quarter.
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-stocks-rallied-in-hopes-of-potential-stimulus-package/
We all can agree that 2020 has been strange. Our perspective hasn’t been shifted – it’s been sucker-punched, forcing us to look at ourselves and our lifestyles like never before. Can we use this disruption to our normal routines to learn more about ourselves?
Read “Thanks, Granny: Money Quirks (Good or Bad) Can Be Inherited” by Erin Wood, Vice President of Wealth Planning with our partners at Carson, to see how your life story affects your money story.
https://www.kiplinger.com/personal-finance/601514/thanks-granny-money-quirks-good-or-bad-can-be-inherited
Team Tuesday:
We would like to congratulate Stephanie on her first grandbaby Mila Kate! Mila was born on September 23rd and weighed 10 lbs and was 21.5 inches long. Stephanie loves spending time with Mila and loves being a Grammy.
The U.S. trade deficit reached its highest level in 14 years. The demand for goods has increased, and some of those goods are coming from overseas.
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-stocks-rallied-in-hopes-of-potential-stimulus-package/
In a year like no other, how is your estate plan? Join us October 15 for an informative webinar to look at how you can prepare your legacy in uncertain times and look toward the future with confidence.
We’ll cover:
– How the Tax Cuts and Jobs Act and other government changes can affect your estate plan
– The importance of digital estate planning
– How to start a confident estate plan, no matter your level of wealth
– And much more!
Register for “Estate Planning in 2020” here:
https://attendee.gotowebinar.com/register/6814808663465676047?source=BMY+Wealth
Many of us wonder what the financial implications of November 3 might be for our country and our financial and retirement plans. We dig into this important topic during our webinar, “Elections and Investments.”
We’ll go over:
– How elections have affected – and not affected – the markets in the past
– How the election could impact income taxes, retirement savings and Social Security
– And more!
Join us TODAY at 3 p.m. CT:
https://attendee.gotowebinar.com/register/550639132011390992?source=BMY+Wealth
Containing the virus is key to ongoing recovery, and there’s some good medical news coming through. The line is shorter at the unemployment office and corporations show some gains. Is the glass half full?
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-unemployment-continues-slow-recovery-as-u-s-corporations-beat-earnings-expectations/
You cast your ballot, but how will that affect your wallet? Read here for a history of the relationship between Wall Street and Washington and what to watch for after November 3:
https://www.bmywealthmgmt.com/insights/blog/how-the-2020-election-could-impact-the-markets-and-your-financial-plan/
Team Tuesday:
Cristina took a short vacation to celebrate her birthday with family in Florida! #halloweenbirthday
Slow, steady gains on containing the virus show a narrow uptick in the economy. If China is any sign, we’re on the right road, it just might be a long one. See what might be up ahead:
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-unemployment-continues-slow-recovery-as-u-s-corporations-beat-earnings-expectations/
Many wonder what the financial implications of November 3 might be for our country and our personal investing and retirement plans.
Our “Elections and Investments” webinar engages these crucial questions:
– How could the markets react to the election?
– Do markets prefer a blue or red wave?
– What regulatory reforms could a new administration bring?
– What will the future of Social Security look like?
– What might a change in D.C. mean for tax policy?
Join us Thursday, October 29, at 3 p.m. CT. Save your spot here:
https://attendee.gotowebinar.com/register/550639132011390992?source=BMY+Wealth
A clear estate plan can cut back on unnecessary stress and potentially help your loved ones avoid the cost that comes with probate court and other legal issues. To get started, download our complimentary financial planning resource, “Estate Planning Simplified.”
https://cloud.carsonmx.com/resource?brandid=0016g00000bSERUAA4&guidekey=estate-planning
Unemployment numbers rose for another week, even though market indices set records. We’ll take a look at these complex numbers and what they might mean as we head toward the end of the year:
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-dow-and-sp-set-records-but-unemployment-still-rising/
Motivation Monday:
It’s our privilege to take part in philanthropy, but it is also our responsibility to share and model the wisdom that brought us wealth. How do we make Wall Street accessible to Main Street?
Get started today:
https://www.kiplinger.com/personal-finance/601728/pass-on-your-wealth-wisdom
Kids are priceless – and expensive, especially around the holidays! Download our free guide, “The Family Budget,” for tips. We’ll look at:
– The cost of education today and in the future
– Insurance strategies for your family
– Emergency savings and other financial strategies to protect and grow your wealth.
Download it here:
https://www.bmywealthmgmt.com/insights/free-guides/the-family-budget-financial-empowerment-at-your-fingertips/
It's a day where we need to remember how thankful we are, even in the midst of this hectic year. We are closed today along with the markets, but we are thinking about how thankful we are for clients like you.
Most of us are glad to see 2020 behind us, but we still have taxes to wrap up for the year. Join us TODAY at 3 p.m. CT for “What You Need to Know for the Upcoming Tax Season.”
During this webinar, learn more about:
– How to maximize your tax efficiency for last year
– How the quarantine and the downturn may have impacted taxes for investors
– How tax planning, not simply tax preparation is the key
– And more!
Register here:
https://attendee.gotowebinar.com/register/1970799139142136592?source=BMY+Wealth
A lackluster jobs report for January showed continued issues with unemployment across the country. Meanwhile, the Fed will keep interest rates low until the news gets (and stays) better.
Our update will put you in the know:
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-federal-interest-rates-remain-low-with-no-increases-planned/
Expectations for fourth-quarter earnings changed from negative to positive, and the Fed said it would keep interest rates low for the foreseeable future. Good news, but still a mixed bag.
Read our analysis here:
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-federal-interest-rates-remain-low-with-no-increases-planned/
Although many of us would like to pack 2020 into a box and move forward, we still have one more thing to check off our list: taxes. Join us on February 11 at 3 p.m. CT for “What You Need to Know for the Upcoming Tax Season.”
During this webinar, learn more about:
– How the coronavirus and extreme volatility impacted your taxes
– How the right tax planning process can help you be tax efficient
– How to be strategic about payments and refunds
– And more!
Register here:
https://attendee.gotowebinar.com/register/1970799139142136592?source=BMY+Wealth
Equity markets responded positively last week to the news of additional stimulus and the Fed keeping interest rates low. For most economists, the vaccine continues to be the biggest hope for recovery.
Get the full market commentary here:
https://www.bmywealthmgmt.com/insights/market-commentary/market-commentary-federal-interest-rates-remain-low-with-no-increases-planned/
Motivation Monday:
