Today saw the largest one day drop since 1987 as fear of the corona virus hit the markets. Most market indexes are now down 20% from their high which is what qualifies as a market correction. In 1987, the market dropped over 22% on what is referred to as “Black Monday”. When Was the Last […]
2020 Corona Virus Market Correction
The corona virus continues to dominate the financial press and has resulted in one of the fastest 10% drops in the stock market that we have seen. While its been fast and furious, I think its important to remember that throughout history the patient investor has been rewarded for taking risk and staying in the […]
Corona Virus – History Lesson
Today (2/24/2019) the Corona Virus impacted stock markets driving market indexes down more than 3%. Fears of the impacts of the virus results in a relatively large one day drop for the stock market. I wanted to review past Epidemics to help calm investors and understand the risks to their portfolios and the most prudent […]
Secure Act Summary
In the closing months of 2019 Congress Passed the Secure Act and it has some relatively large impacts on retirement savings and retirement plans going forward. I have read several articles digesting the impact of the act but I think Fidelity has put together the best article that details the impacts fairly well. Secure Act […]
Schwab Acquiring TD Ameritrade
Schwab Acquiring TD Ameritrade The Quick Summary of Impacts to TD Clients Minimal impact for the next year Costs are unlikely to change It does not appear any new paperwork will need to be done New competition will keep pressure on costs even with TD/Schwab size We use TD because they provide great service for […]
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