The Five Key Pieces of an Estate Plan to Help Preserve Your Family and Legacy
Estate planning means much more than merely drawing up a will. It means establishing an integrated plan designed to safeguard your estate, future generations, and those you love. It also means knowing your assets will be managed appropriately and your legacy preserved. An effective estate plan should be comprehensive, so it’s essential to consider your…
Read MoreInvestment Strategy Quarterly: January 2021
Investing involves risk, and investors may incur a profit or a loss. All expressions of opinion reflect the judgment of the Raymond James Chief Investment Office and are subject to change. There is no assurance the trends mentioned will continue or that the forecasts discussed will be realized. Past performance may…
Read MoreEnd-of-year Market Review
January 4, 2021 While we know the turning of the digit from 0 to 1 didn’t change the alignment of the universe, December’s developments make it easier to approach the new year with a feeling of new possibilities. Vaccines are being distributed, the major market indices show between modest and stellar growth and some of…
Read More2020 Year-End Giving Guide: Help Reduce Your Income Taxes
At this time of year, you may not be thinking about how to reduce your income taxes. But it is indeed an excellent time to do so. Depending on your tax bracket and whether or not you itemize, you may be able to lower your tax bill – possibly significantly – by making a charitable…
Read MoreNovember Market Review
December 1, 2020 As we know, there is nothing inherently unique about big number milestones, but nonetheless, seeing the Dow Jones Industrial Average close over 30,000 for the first time certainly feels special – especially considering the year we’ve experienced. The difficulties facing the economy and the markets shouldn’t be understated, but through November the…
Read MoreMake Your Retirement Contributions Count
November 25, 2020 For the 2021 tax year, individual investors can contribute up to $6,000 to either a traditional or Roth IRA. If you’re age 50 or older, you can contribute an extra $1,000. I wanted to remind you so you can take full advantage of your ability to save toward retirement. Contributing as much…
Read MoreA Month of Community Care by the Gratz Park Private Wealth Team
The team at Gratz Park Private Wealth has a heart for service, community, and our home. As strong women and involved community members, we believe in contributing to meaningful causes in any way that we can—physically, financially, or otherwise. We turned that belief into action with new community service projects every week in October in…
Read MoreMarket Leaps at Positive Vaccine News
November 10, 2020 Few things are as encouraging as a glimpse at the light at the end of the tunnel. Pharmaceutical makers Pfizer and BioNTech announced Monday morning that their coronavirus vaccine has shown strong results through ongoing drug trials – a 90% efficacy rate with minimal side effects. This news immediately gave lift to…
Read MoreWall Street Watching Election Results
November 4, 2020 So now we wait. Like long-term investing, this election has required perseverance, persistence and patience. If you’re anything like us, you have anxiously awaited the outcome of this seemingly unending election cycle. And truth be told, all elections appear more crucial than the one before – this one in particular as we…
Read MorePolitics, Pandemics, and Performance
October 27, 2020 Stocks faltered at the beginning of the week as COVID-19 cases surged and stimulus talks stalled. Uncertainty surrounding the 2020 election also drove market declines. The S&P 500 (-1.9%), Dow Jones Industrial Average (-2.3%) and NASDAQ (-1.6%) each sharply declined today. More specifically, the S&P 500 closed below its 50-day moving…
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