Where Do We Go From Here?
March 18th, 2020 by Tanner WrisleyCOVID-19 has decimated the stock market causing temporary forced closure of businesses and individuals practicing “social distancing”. Most companies are going to see a huge loss in revenue and will
Three Tax Savvy Charitable Giving Tips
March 13th, 2020 by Jim AllenThere are many reasons for why people give to charity. Some give to share their good fortune, others as a way to remember or honor loved ones, and still others
Converting Roth IRAs For Tax Diversification
February 25th, 2020 by Jim AllenTax diversification is an important part of any financial plan and the Roth IRA is great way to diversify the tax treatment of your investments. Unlike the traditional IRA where
Five Life Hacks to Prepare for Retirement
February 18th, 2020 by Jim AllenWhen it comes to preparing for retirement the hardest part is not whether you are financially prepared, but if you are mentally prepared. Like all major life transitions, retirement is
Why do stocks make people money?
February 11th, 2020 by Tanner WrisleyThere are a limited number of things in our world that tend to appreciate in value over time: • Real Estate • Fine Art • Precious Metals, like gold and
The Anchor Bay Team Welcomes Our Newest Financial Advisors
January 30th, 2020 by Jim AllenPlease join us in welcoming our newest Financial Advisors. Collin Clark Financial Advisor Collin joins us from Charles Schwab where he was an Associate Financial Consultant and brings several years
2020 Brings Several Financial Changes
January 16th, 2020 by Jim AllenThe start of the New Year typically brings changes to several important financial thresholds. For example, your Social Security benefits have been increased as have the amount you can put
Market Outlook: New Year – New Decade
January 8th, 2020 by Jonathan Chatfield, CFAAs the trade dispute with China seems to be moderating, the Fed in December maintained its federal funds rate target at 1.50 – 1.75%. After raising rates nine times since
The SECURE Act is Finally “Secured”
December 30th, 2019 by Jim AllenIn our September 17th article, we discussed the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. After several ups and downs through the legislative process, Congress finally
Market Update – Coronavirus Fears Cause Market Correction
March 6th, 2020 by Jonathan Chatfield, CFAThe stock market has continued to slide as fear and uncertainty outweigh economic and business fundamentals. Although the decline in stock prices has been rapid, the 13.5% drop in the