David

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2021 Tax and Planning Update

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2021 Tax and Planning Update

Post U.S. Election, stocks notched record one-month gains. The election news was quickly drowned out by encouraging vaccine developments, reminding us that dealing with the health and economic crises will continue to trump politics (pun intended).

The markets continue to reward those who commit to a good long-term strategy, even when it seems the world, at times, is falling apart. Global stocks fell over 31% at the low point in March. Now, global stocks are up over 12% YTD, including dividends. The incredible volatility this year reminds us that successful investing doesn’t depend on timing the markets but on finding a strategy that you can stick with.

As the year comes to an end, it’s a good idea to review year-end planning. We discuss waived rules on IRA distributions, Roth conversions, basic gifting, and estate planning.

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The Long View

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The Long View

COVID-19 transformed the world in 2020. The most remarkable thing about the financial markets this year is that if you went to sleep in January and woke up at the end of June, you would not know, from looking at your portfolio, that we are in a health pandemic – arguably, the most significant health crisis in 100 years. Yet, the economic and market outlook remains uncertain.