Insights

Posted on July 13, 2020

The Week Ahead: July 13, 2020: Do you want to know a little bit more about the services we’ve provided to our clients during this pandemic? Click below for a Q2 Review and Recap..all this and more in The Week Ahead!

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The Week Ahead

Your Weekly News and Updates

July 13, 2020

Dr. Anthony Fauci: America Faces a ‘Serious Situation’ Podcast:
Dr. Anthony Fauci, a member of the White House’s coronavirus task force, speaks with The Journal about the U.S.’s surge in coronavirus cases and what could be done to get the spread of the virus under control.

Listen Here

TAX SEASON IS OVER WEDNESDAY, JULY 15TH! PLEASE SEND US YOUR RETURNS!

The filing and tax payment deadlines will officially end Wednesday, July 15th! Please click here on how to (and why you should) send tax returns to us.

CURRENT STATE OF THE MARKET

Weekly Market Commentary 7.13.2020
Published by The Carson Group, LLC
Stocks continued to climb in the face of an increasing number of new COVID-19 cases and evidence the surge is stifling the economy’s ability to recover. Initial unemployment claims dipped to 1.3 million, but they have remained above 1 million for 16 consecutive weeks. Because new claims are offsetting other jobs being regained, there are still 34.8 million people collecting or waiting to collect unemployment benefits through regular programs or special programs targeting the self-employed…Read More

Need a Quarterly Economic Recap for 2020 So Far?

Article provided by Taylor Financial Group, LLC
In this Q2 recap: the economy measures the impact of the coronavirus threat; the stock market rises with help from a dovish Federal Reserve and a rebound in some economic indicators; oil prices and mortgage rates touch historic lows…Read More


 

REGISTER FOR OUR NEXT PROSPECTIVE CLIENT WEBINAR

July 23rd, 2020 at 4:15pm

You won’t want to miss this!

10 Things You Should Be Doing For Your Portfolios – With Market and COVID-19 Updates
This Webinar is designed for prospective clients but all are invited!
Register for our webinar to learn the top 10 things you should be doing for your portfolios!
Reasons To Attend Our Webinar:
  1. Find out what Taylor Financial Group provides to our clients, which sets us apart from other firms
  2. Find out how we help our clients pursue their life long dreams.
  3. Stay informed on the stock market and the economy and what is coming next
  4. Learn how to navigate market volatility when it comes to your portfolio and ways to help profit from it
  5. Hear Debra Taylor, Founder and Wealth Advisor, share stories on how she has helped clients for over 20 years manage their wealth and try to help them come out ahead in turbulent markets

 

Every week, we will provide you with an updated COVID-19 Index that uses stoplights to indicate the financial stress on our health, economy and markets. It reviews the critical data points and addresses where we are and then provides an Overall Assessment.

Click here to access your own copy!

 

SOCIAL SECURITY

Before You Claim Social Security
A few things you may want to think about before filing for benefits
Article Provided by Taylor Financial Group, LLC
Whether you want to leave work at 62, 67, or 72, claiming the retirement benefits you are entitled to by federal law is no casual decision. You will want to consider a few key factors first…Read More

RETIREMENT

Will COVID-19 Cause Deflation to Show Up?
Article Provided by Taylor Financial Group, LLC
On June 10, 2020, the Department of Labor released CPI numbers for May and there was a chorus singing deflationary tunes for the rest of the week. Will the chorus get louder over the coming months or lose its voice in the heat of the summer?….Read More

CORONAVIRUS UPDATES

COVID-19, Nursing Homes and LTC Facilities: Determining the right living arrangement for your senior is much harder now
eMoney Article Provided by Taylor Financial Group, LLC
The decision to place your loved one in a nursing home or another long-term-care facility is a difficult one under any circumstances, especially since most adults would prefer to remain at home. Human nature is such that seniors tend to be in denial and their families tend to put off the decision as long as possible. The result often then limits your senior’s options for care…Read More

HEALTH AND WELLNESS

Working Remotely During COVID-19: How to maintain your health and wellness
Guide from American Psychiatric Association, Provided by Taylor Financial Group, LLC
The Coronavirus (COVID-19) is presenting new and unique major challenges. We are navigating unchartered waters with this virus making it important to find new ways to work and interact while also taking care of our mental health and well-being. Many are teleworking full-time for the first time, isolated from co-workers, friends and family. Our daily living routines are disrupted causing added anxiety, stress and strain physically, mentally, and financially. It is completely natural for this disruption and uncertainty to lead to anxiety and stress. Now more than ever, we all must take care of our mental health and well-being. As we protect ourselves against potential exposure to the Coronavirus, keep in mind that social distancing does not mean social isolation. This resource provides practical tips on taking care of our mental health and well-being…Read More

INVESTMENT AND PLANNING DEADLINES ARE APPROACHING!
Get ahead of the deadlines!
Click here to check out your Financial Planning and Investment deadlines for Summer 2020!

CURRENT STATE OF THE MARKET

Weekly Market Commentary 7.07.2020
Published by The Carson Group, LLC
The S&P 500 wrapped up its best quarter since 1998, gaining 20.5%, amid a strong employment report and continued concerns as the United States and the world posted a record number of coronavirus cases. New daily virus cases topped 50,000 in the U.S. and more than 200,000 globally twice last week. More states slowed or rolled back measures to loosen the economy and emphasized the need for discipline in containing the virus…Read More

Quote of the week:

“The longer I live, the more I realize the impact of attitude on life.”
– Mark Twain –

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Have a question for Debbie about retirement planning in Allendale, NJ?

Click here to schedule a 20-minute complimentary phone consultation

 

 

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