Written by Brian Puckett, CFP®, CPA/PFS, Attorney at Law on . Posted in Blog
In a volatile environment like the one we find ourselves in today, some investors want to take action just to take action. It can definitely make people feel better. But oftentimes in investing, that’s exactly the wrong thing to do.
Written by Brian Puckett, CFP®, CPA/PFS, Attorney at Law on . Posted in Blog
Over the past fifty years, which spans most of our investing lifetimes, we have seen dramatic market declines. These occur about once a decade. In the 1970s, it was an oil crisis. In the 1980s, there was runaway inflation. In the 1990s, the tech bubble burst. In the 2000s, we had both 9/11 and the financial crisis of 2008. The 2010s were bookended by the European debt crisis in 2011 and market volatility in 2018. To begin the 2020s, the global markets have been shaken by the coronavirus.
Written by Brian Puckett, CFP®, CPA/PFS, Attorney at Law on . Posted in Blog
What To Make of the Coronavirus
The term “novel coronavirus” is so new, some people have apparently wondered whether it is related to Corona beer. (It is not; it’s named after its crown-shaped particles.) And yet, how quickly it has grabbed global headlines. As the viral news has spread, so too has financial uncertainty. What’s going to happen next? Will it further infect our domestic or global economies? In case it does, should you try to shift your investments to remain one step ahead?
Written by Brian Puckett, CFP®, CPA/PFS, Attorney at Law on . Posted in Blog
The $1.4 trillion spending package enacted on December 20, 2019, included the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which had overwhelmingly passed the House of Representatives in the spring of 2019, but then subsequently stalled in the Senate. The SECURE Act represents the most sweeping set of changes to retirement legislation in more than a decade.
Written by Brian Puckett, CFP®, CPA/PFS, Attorney at Law on . Posted in Blog
Why are people more afraid of flying than driving, even though car wrecks are more frequent? As one academic explains, “in a car, at least I know when to brake. In a plane, I have no control.”
