COVID Guidelines
‘Healthy at Work’ Office Reopening Guidelines: On June 1, our Gratz Park Private Wealth team returned to our office building with new guidelines in place to ensure it is the safest environment possible for us as a team, you as our client, and for our community as a whole. We have taken guidance from the…
Read MoreDoes the President Impact Your Long-Term Investments?
There’s an old adage on Wall Street known as “Climbing the Wall of Worry.” There’s plenty to worry about this year, indeed. We’ve had many questions recently about the 2020 Presidential Election and its effect on financial plans. So what does it mean for your long-term investments? Election time concerns are sensible, since campaigns are…
Read MoreEquities Pullback From Early September Highs
Investors have had a lot to process over the past few days. Domestic equity declines on top of global ones dovetailed with the loss of legendary Supreme Court Associate Justice Ruth Bader Ginsburg as well as a rise in COVID-19 cases across the nation. The Dow Jones Industrial dipped almost 3% on Monday, and the…
Read MorePutting Market Activity Into Perspective
Truth be told, like many of you, we had hoped that the stock market momentum would continue through the Labor Day weekend. However, the Nasdaq and the broad-market S&P 500 began to show signs of weakness a few days before the unofficial end of summer. We’ve seen these patterns before, and yet these rapid changes…
Read MoreS&P 500 Climbs Over 7% in August, Attains New All-Time High
We hope you and yours are well as we approach the end of summer, a time of change even during more normal times. As we all prepare for this busy period, we wanted to share with you a look back at the markets and economy over the past month of this record-breaking year. The S&P…
Read MoreSee How We Give the Information You Need – When You Need It
In addition to a carefully constructed long-term financial plan, working with Gratz Park Private Wealth gives you ready access to vital information. Whether it’s logging in to Client Access to track all of your accounts in one secure place or reviewing important investment disclosures, you can get the information you need – when you need…
Read MoreSecond Quarter GDP Report Reflects Early Pandemic Response
The U.S. economy contracted 9.5% through the second quarter, the worst single-quarter decline in gross domestic product (GDP) since the Commerce Department started tracking it in 1947. It was expected the report would show a dip, but it’s important to recognize what that dip represents. It does not attest to the economy’s current trajectory, just…
Read MoreThe Top 7 Social Security Myths (and How To Get the Most from Your Hard-Earned Benefits)
“Social Security is not a one size fits all decision. Health, lifestyle, and family considerations all play a role,” says Shannon Seltsam, Wealth Associate, Gratz Park Private Wealth. Your team of advisors at Gratz Park Private Wealth advocate that within your retirement income plan, Social Security retirement benefits should be considered a critical asset, alongside…
Read More5 Ways to Get the Power of Dividends to Work for You
Everyone likes to get paid. Did you know that you can get paid as an investor, too? How? Through the power of dividends. When a company earns a profit, there are two main places where the money can go: The profits can be put back into the company to expand operations (by purchasing additional equipment)…
Read MoreMixed Results in June; Tech Stocks Continue to Outperform
The equity market hit a year-to-date high in June but was tempered by emerging coronavirus cases as states slackened their isolation orders, ending with a near flat month after three months of sustained rebound from the March 23 low. The COVID-19 pandemic continues to drive fiscal and monetary policy, and as Federal Reserve Chairman Jerome…
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