by Eric Nager on Jul 10, 2020
You’re probably aware that there are many options for retirement planning including 401(k)s, IRAs, Roth IRAs, and more. Some of the more common plans are employer-sponsored ones like 401(k)s, 403(b)s, and 457(b)s.
by Eric Nager on Jun 22, 2020
Retirement can invoke a mix of conflicting emotions from anticipation to fear, excitement to anxiety. It’s one of the biggest life changes we experience in our adult lives. Most of us anticipate and save for it for decades. But, going from receiving a paycheck for most of your adult life to living off the wealth you have amassed is no doubt an unnerving transition.
by Eric Nager on Jun 8, 2020
In the midst of the global pandemic, unemployment levels not seen since the Great Depression, and civil unrest with riots in most major US cities, the stock market has been rallying. This would seem strange and difficult to understand unless viewed through the prism of what really drives market prices.
by Eric Nager on May 22, 2020
A lot of people are under the impression that tax planning is only for high-wealth individuals. However, like financial planning, just about everyone can benefit from some level of tax planning, whether that means becoming better acquainted with the various tax savings options available, or making proactive decisions based on your current financial situation. One of the best investments you can make is to visit with a financial or tax advisor to determine just where you may be able to save.
by Eric Nager on May 8, 2020
If the Coronavirus’ effect on the markets has taught us anything, it’s that every single person reading this should start the process of creating an emergency fund. This is not just an idea, nor is it a savings account, but rather, it is a separate pool of money to only use in emergencies.
by Eric Nager on Apr 24, 2020
The answer is MAYBE. It depends upon the outcome of a mighty battle that surprisingly is not focused on the medical progress regarding Covid-19. Although the virus is unquestionably the underlying cause of the problem, interest rates, money creation and corporate earnings are the focal points of this conflict. Federal Reserve policy regarding interest rates and QE – the injection of enormous amounts of money into the financial system – are on one side and the sharp decline of corporate earnings are on the other. It’s the Fed and TINA vs. bad corporate earnings.
by Eric Nager on Apr 15, 2020
Riding the highs, and experiencing the lows, it is the way of the investment market. However, what if we told you that the key to sound and quality investing is learning how to keep it cool when the market is in turmoil? In this article, we are going to look at some of the tools that can help you manage your emotions and expectationsduring market uncertainty.
Take some time to relax
by Eric Nager on Apr 3, 2020
The President’s March 31 daily update on the Covid-19 virus included a sobering comment that we should be prepared for two difficult weeks. Yes, that seems to be bad and even unnerving news, but the silver lining could be that the virus impact may be in the process of peaking out, at least in the New York City area. Getting past the high point of the curve and reaching the downside will be very encouraging to all.
by Eric Nager on Mar 27, 2020
In our previous e-mail communiques, we have focused on the immediate need and a constructive outlook for the future. This one will be different. We will lay out the four essential elements for recovery and our view as to where we are as far as the progress toward accomplishing each of them.
1) Monetary Policy – This is the realm of the Federal Reserve (Fed). We can check this box because the Fed has committed to unlimited QE (money creation) to deal with the crisis.
by Eric Nager on Mar 25, 2020
This morning (March 23) the Fed announced that they will provide “unlimited QE.” This means that whatever the government wants to spend to combat the effects of Covid-19 will be backstopped by the Fed. In the 2008-2009 crisis, the world was shocked when they added $3.5 trillion to the balance sheet through QE. Now that seems like “small potatoes” in relation to what they are presently doing.
