Commentary

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...

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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....

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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...

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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...

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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....

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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...

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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...

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Financial Professionals Inc.