Given the recent extreme volatility of oil prices, we’ve put together a FAQ list to help you stay informed. How does oil trade? Crude oil trades in futures contracts, which means buyers are contracting to buy oil in-kind and accept delivery. … [Read more...]
The CARES Act: How does it affect retirement plans and IRAs?
On Friday, March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES), which President Trump signed into law. This act will provide significant relief to both individuals and businesses as they manage the current … [Read more...]
Focus on what you can control
On March 11th, 2020, the Dow Jones Industrial Average entered bear market territory for the first time in 11 years, followed by the S&P 500 and the Nasdaq the next day. A bear market is defined as a sustained period of downward trending stock … [Read more...]
Coronavirus Fears Drive Markets Lower – Assessing the Recent Market Selloff
On Monday, February 24, global equity markets sank more than three percent on renewed coronavirus (COVID-19) fears, following reports of a surge in cases in Italy, South Korea and Iran. The S&P 500 Index, which had hit a record high the week … [Read more...]
SECURE Act – How are you affected?
With the passing of the SECURE (Setting Every Community Up for Retirement Enhancement) Act at the end of December, you may be asking how or if this impacts your financial plan. A few of the bigger changes are highlighted below. Delays RMD age … [Read more...]
A case for international on America’s Independence Day
Happy 4th of July! This week, as we celebrate the birth of this country and all things USA, we'd like to spend a moment focusing on other parts of the world as well. Even “America's favorite pastime" has taken to international adventures with the … [Read more...]
What’s Slowing Santa’s Sleigh?
With the approach of the Holiday Season, many investors are wondering if they will enjoy a “Santa Claus” rally in the final weeks of 2018. So far, the headlines have not been filled with Holiday cheer. Global equity markets have … [Read more...]
Try these tips for analyzing your investment needs
This article originally appeared in the Knoxville News Sentinel's business column on October 21, 2018. The market has recently had the long-awaited “hiccup.” I happened to be at an investment conference when the market was off 1,300 points over two … [Read more...]
Tax Reform Arrives
By Jack Davidson, CPA, CFP® On Tuesday, December 19th, the House passed the tax reform bill with a vote of 227-203. The tax bill hit a late snag on Tuesday afternoon, as the Senate parliamentarian noted that the House-passed bill contained three … [Read more...]
Tax Reform for Nonprofits
The U.S. House of Representatives passed the long anticipated tax reform bill over two weeks ago on Thursday, November 16th. While the new taxation rates for both corporations and individuals have consumed the majority of headline news, the Tax Cuts … [Read more...]