Quarterly Investment Commentary – January 2023

Although the fourth quarter of 2022 showed some improvement in markets, the year was not pretty. Stocks were shaken by the Federal Reserve Board’s aggressive rate hikes (the fastest since the 1980s stagflation era) and the reversal of long running Fed Reserve policies, which flooded the markets with liquidity.  Markets were also impacted by persistent […]

Updates to Social Security In 2023

By Michael Donahoe, CFP® Between leaving the workforce, understanding your Social Security benefits, and defining your new daily routine, retirement can be quite overwhelming. And after a year of what feels like never-ending price increases on basic everyday necessities, many retirees are feeling the pressure to stretch their wallets further and further. Navigating the transition […]

Quarterly Investment Commentary – October 2022

Q3 2022 was a complicated and worrisome quarter for the economy and investors alike. Inflation is now officially red hot, and the Federal Reserve is determined to get it under control by raising interest rates.   Actual reported economic data for Q3 remained fairly strong. Growth in the giant service sector of the economy was offset […]

Essential Details Regarding the Student Loan Forgiveness Plan

By Michael Donahoe, CFP®  President Biden recently announced a plan to forgive student loans for qualified borrowers. As with any new government program, there are many questions as to who qualifies and how much will be forgiven. The plan would provide up to $20,000 of debt forgiveness for students who receive a Pell Grant, and […]

What I Wish I Had Known About Money When I Was Younger

By Michael Donahoe, CFP®  Many of us have learned how to manage our finances through trial and error, while many more have never quite gotten the hang of it. No matter where you are on the scale of financial success, wise money management is a journey that doesn’t happen overnight. As a CERTIFIED FINANCIAL PLANNER™ […]

Quarterly Investment Commentary – July, 2022

The second quarter of 2022 was characterized by bad news and difficult economicconditions. U.S. stocks entered bear market territory in the middle of the second quarterand finished with the worst first six months’ return since 1970. Fixed income securitiesdid not provide much diversification benefit as interest rates rose. Many factors drove economic uncertainty and a […]

The Pros and Cons of Deferred Compensation

By Michael Donahoe, CFP® If you are a high-income earner, such as a physician or other healthcare professional, you may be familiar with deferred compensation plans. This type of retirement plan, typically offered through an employer, is a popular option because it can save professionals a lot of money, not only into retirement but during […]

10 Questions to Ask Your Financial Advisor

By Michael Donahoe, CFP®  These days we have more options than ever available to us. Whether it’s choosing a movie to watch on Netflix or finding a dentist, it’s easy to get overwhelmed and have doubts about your decision. When it comes to choosing a financial advisor, the stakes couldn’t be higher. How do you […]

Fed Rate Hikes Leads The Market Into Bear Territory

By now, you know that the U.S. Federal Reserve Board raised the so-called Fed Funds rate by three quarters of a percent—the largest increase since 1994.  You may also have heard that the size of the increase took everybody by surprise—a list that includes economists, pundits, journalists and professional investors.  The news drove the markets, […]