Commentary
4th Quarter 2021 Commentary
JUST A FEW THOUGHTS AS FRED RETIRES As Rita and I retire at the end of 2021, Rob asked me to write a Quarterly Commentary reflecting back on my career: I started my financial career at CIGNA Financial Services in 1985. I learned a great deal under CIGNA’s...
3rd Quarter 2021 Commentary
WHY IS IT SUDDENLY COSTING $40.00 (OR MORE) TO FILL UP WITH GAS? Since the beginning of 2021 inflation has been rising in the United States. Inflation occurs when prices of goods and services rise over time, eroding the value of our money. If you used to buy...
2nd Quarter 2021 Commentary
Cryptocurrencies: Bitcoin, Coinbase, Litecoin, Dogecoin, etc. Bitcoin is by far the most well-known cryptocurrency. Bitcoin backers believe Bitcoin is the future. These believers keep buying Bitcoin regardless of the ups and downs of day-to-day valuations....
1st Quarter 2021 Commentary
PANDEMIC LOCK-DOWNS MAY RESULT IN PERMANENT CHANGES It has been just over 12 months since the COVID-19 pandemic hit the US. During that time, many states and major cities may have been changed forever. Let’s take New York City as an example. Since the pandemic hit in...
4th Quarter 2020 Current Commentary
DON’T MAKE FINANCIAL DECISIONS OUT OF FEAR Financial Professionals Inc. was incorporated in 1994. During that time, we have faced a lot of situations that have created fear and uncertainty; Y2K, Terrorist Attacks on 9-11, the stock market crash in 2008, just to name a...
2020 3rd Quarter Commentary: Don’t Waste Your Right to Vote
Every US citizen who is 18 years old or older has a constitutional right to vote. Voting is a right that is unavailable to millions of people around the world. It would be a shame for our citizens to waste what the rest of the world sees as so precious. The 2020...
2020 2nd Quarter Commentary: Keeping Our Eye on the Ball
Over the last couple of years leading up to January 15, 2020, The USA produced the strongest economy and the best stock market in the history of the world. That came to an abrupt halt when the Corona Virus/ Covid-19 Pandemic breakout occurred on a world-wide basis....
2020 1st Quarter Commentary: HOW TO HANDLE A TAX AUDIT
Before we get into tax issues: WE HAVE GOOD NEWS ABOUT THE CORONAVIRUS OUTBREAK: IT WILL END! Historically, when we have had severe downturns in the markets, we spend a lot of time speculating about what caused it and how long it will last. THIS TIME WE KNOW WHAT...
Our Thoughts on Recent Market Volatility
Monday – March 9 – was the eleventh anniversary of the crescendo of global panic that marked the bottom of the bear market of 2007-09. It is to us a thing of the most wonderful irony that the world has elected to celebrate this iconic anniversary with – you guessed it...
2019 4th Quarter Commentary – MUTUAL FUND MANAGERS CAN HELP MITIGATE THE EFFECTS OF A MARKET DOWNTURN
In our 3rd Quarter commentary we discussed how we can help our clients structure their portfolios to help meet current and future income needs while staying within their risk tolerance parameters. This quarter we want to focus on how fund managers work inside of our...