Sticking to Principles
A famous American football coach once said, “You don’t rise to the occasion, you sink to the level of your training.”1 The implication is that, in times of great stress, the most reliable recipe for success is sticking to a set of fundamental principles. From February 20 to March 20, the S&P 500 Index returned […]
Long-Term Investors, Don’t Let a Recession Faze You
With activity in many industries sharply curtailed in an effort to reduce the chances of spreading the coronavirus, some economists say a recession is inevitable, if one hasn’t already begun. From a markets perspective, we have already experienced a drop in stocks, as prices have likely incorporated the growing chance of recession. Investors may be […]
A Transformed Investor’s View of Market Volatility
by David Goetsch Seeing all the recent headlines about the sudden downturn in the stock market has transported me back to February of 2009, when I was close to despair. It’s striking how different I feel now. In February 2009, the stock market was down around 50% from its high, and everyone seemed to feel […]
Staying Safe and Connected During COVID-19: An Interview with Dr. Wm. “Marty” Martin, TPC’s Psychologist
Interview by Cicily Maton, Retired Sr. Financial Planner and Michelle Maton, CFP®, CeFT® Cicily Maton has retired, however, Michelle Maton CFP®, EA, CeFT® Sr. Financial Planner and Andy Baxley CFP®, CIMA®, CeFT® Sr. Financial Planner carry on her legacy in the Chicago office. No one knows how long it will take for the COVID-19 threat to abate. What we […]
History Shows That Stock Gains Can Add Up After Big Declines
Sudden market downturns can be unsettling. But historically, US equity returns following sharp downturns have, on average, been positive. A broad market index tracking data since 1926 in the US shows that stocks have tended to deliver positive returns over one-year, three-year, and five-year periods following steep declines. Cumulative returns show this to striking effect. Five […]
New Guidance about COVID-19 Economic Impact Payments for Social Security and Supplemental Security Income (SSI).
“The Treasury Department launched a new web tool allowing quick registration for Economic Impact Payments for eligible individuals who do not normally file a tax return, and also announced that it would begin making automatic payments.” “However, for some people receiving benefits from the Social Security Administration–specifically those who have dependent children under the age […]
Quarterly Market Review – 1st Qtr 2020
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The Planning Center, is a fee-only financial planning and wealth management firm. Email us at clientservices@theplanningcenter.com.
The Cost of Trying to Time the Market
The impact of missing just a few of the market’s best days can be profound, as this look at a hypothetical investment in the stocks that make up the S&P 500 Index shows. Staying invested and focused on the long term helps to ensure that you’re in the position to capture what the market has […]
Social Security Benefits Will Be Paid On Time
Andrew Saul, Commissioner of Social Security, reminds the public that Social Security and Supplemental Security Income (SSI) benefit payments will continue to be paid on time during the COVID-19 pandemic. The agency also reminds everyone to be aware of scammers who try to take advantage of the pandemic to trick people into providing personal information or […]
Market Volatility Webinar with Apollo Lupescu, PhD, Vice President Dimensional Fund Advisors
TPC recently hosted a popular webinar with Apollo Lupescu, PhD and Vice President at Dimensional Fund Advisors. If you missed it, we are pleased to invite you to a repeat of this webinar on Friday, April 24th at 10:30 AM CT. This webinar is designed for clients and anyone seeking clarity as their portfolios fluctuate and global […]
CARES Act for Retirees- Required Distribution (RMD) Allowances
TPC planning and Tax teams On Friday, March 27th President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. This legislation is being billed as the largest aid and relief act in the history of the United States, and is designed to support individuals and businesses as we all weather this […]
CARES Act for Individuals- Retirement Plan access for Taxpayers
TPC planning and Tax teams On Friday, March 27th President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. This legislation is being billed as the largest aid and relief act in the history of the United States, and is designed to support individuals and businesses as we all weather this […]
