Market Update – When is this done… Can I tap out?
When is this done… Can I tap out? Report by Todd Carbone “The Dow Jones is on its worst pace since 1929, which in 1929 was a price drop of -89% from high to low. As of today, we are down -38% from high to low on the Dow...
Did You Know – Edition 7
June Market Outlook:Optimists Face Key Test in NewMonth Amid State Reopenings read the entire article at:https://tickertape.tdameritrade.com/market-news/what-to-watch-june-coronavirus-tariffs-earnings-18125 The stock rally accelerated in April and May amid reopening optimism even as the economy’s brakes slammed. June could help clarify whether the market anticipated things right or got a bit ahead of...
Did You Know – Edition 6
Coronavirus Aid, Relief and Economic Security (CARES) additional highlights Extended Deadline for 2019 Tax Filing andContributions The federal deadline for filing your 2019 tax returns and making payments has been extended to July 15, 2020. Along with the tax-filing extension comes the ability to make later 2019 contributions to...
Did You Know – Edition 5
Facing a Recession and BearMarket? Avoid 3 MistakesMany Investors Make Report by Bruce Blythe read full article at:https://tickertape.tdameritrade.com/market-news/bear-market-recession-investing-rebound-18045 What’s Different About the Most Recent Bear Market and Economic Slump? In a word or two: speed and volatility. The S&P 500 took only 22 calendar days to sink into bear...
Did You Know – Edition 4
Earnings Season Off to a Rough Start, But Overall Selling Pressure May Be Moderating read the full article at:https://tickertape.tdameritrade.com/market-news/weak-bank-earnings-crude-lower-18059 written by JJ Kinahan, Chief Market Strategist, TD Ameritrade (Wednesday Market Open) After rallying yesterday, the market seems to be in a more somber mood this morning as signs of...
Did You Know – Edition 3
FEDERAL RESERVE TAKES ADDITIONAL ACTION TO PROVIDE UP TO $2.3 TRILLION IN LOANS TO SUPPORT THE ECONOMY On Thursday the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. Funding will assist households and employers of all sizes and strengthen the...
Did You Know – Edition 2
Coronavirus Aid, Relief, and Economic Security CARES Act Establishes $2.2 Trillion Financial Backstop to U.S. Economy in Time of Crisis article was written by Matt Pate and is a work produced by the Nautilus Group On March 27, 2020, the U.S. Congress passed, and the President signed into law,...
Did You Know – Edition 1
THE C.A.R.E.S. ACT (CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT)WAS SIGNED INTO LAW. Coronavirus Related Distributions The law waives the 10% tax penalty onwithdrawals up to $100,000 from a retirementplan for an individual who: Is diagnosed with COVID-19; Is diagnosed with COVID-19; Whose spouse or dependent is diagnosedwith COVID-19;...
What is margin?
Margin Lending KEY TAKEAWAYS A margin loan can provide a line of credit with a low interest rate Margin loans don’t require the paperwork and fees of traditional loans, and repayment can be flexible Understanding the risks associated with margin and leverage WHAT IS MARGIN? Did you know you...
Is It Time For A Life Insurance Review?
When you look at everything on your never-ending task list, it’s easy to see how a life insurance review gets pushed to the bottom of the pile. There are so many other pressing financial issues to take care of, such as estate planning, maximizing your retirement accounts, and creating...