A summary of the Trump and Biden tax policies as proposed or put into law by the candidates.
The stock market continues to hang in near all-time S&P highs, even as unemployment is still quite high, virus cases spike, politicians are unable to agree on a fiscal stimulus package despite the agreed upon need, and election uncertainties loom. How can this be?
Taxpayers who are age 72 or older (or those who turned 70 ½ before December 31, 2019) are required to withdrawal minimum distributions (RMDs) from their retirement plan accounts on an annual basis. This year you have some choices.
ACM’s Senior Economic Advisor answers the question, “Why do stock prices rise so persistently over the decades?” Yet it goes against human nature to buy and hold because fear is a more dominant force than euphoria.
Following a sharp rebound in the summer, labor market gains have slowed, but this is to
be expected following the initial surge. We should expect a gradual recovery to continue
as labor gets reallocated away from sectors likely to remain at lower ebb because of
COVID, while other sectors expand.
The Retirement Beneficiary Form on file with the custodian takes precedence over provisions.
The yields on such securities have declined dramatically and many are now 1% or even less. Many investors do not realize this, however, because they are looking at their coupons.
Near-term risks are high and the economic data suggests some bumps in the road before we return to a solid, sustained expansion, but we are finding attractive opportunities by focusing on and thinking about where each company will be in the next 3 to 5 years.
Harvesting losses on an annual basis is a prudent strategy. Investors should recognize that managing your gains is also part of investing (rebalancing).