Reminder: 12/31/2020 tax calendar year deadline approaching. Be mindful of helpful tax planning tasks. Consider the following: Can you contribute more to your employer sponsored retirement plans (401k, 403b, etc)? Use December pay checks as a final funding source into your tax deferred accounts if your cash flow has room. Ideas include: Login to your work retirement plan online or contact HR to see what can be done before the annual deadline to add more...
Welcome back from Thanksgiving. I was excited to jump back into writing the weekly SAS Newsletter since our last one two weeks ago formalizing the Election results and the Market responses. Writing this newsletter is something I am looking forward to beginning Monday morning each week. I’m grateful for this practice to keep in the minds and inboxes of all of our clients each week. Reminder! As the end of the calendar year approaches please...
The election is over! Votes have been tallied and now we wait as the current President is not officially recognizing the President-elect. It was a perilous time before the election, and although one box can be checked, and it is a big box, many more remain. Each day brings big news reflecting the two sides of a coin. The great: Today Moderna announced preliminary results for its Covid-19 vaccine trial and the news was great...
The Presidential election 2020, held last week, left the country with many questions and a result. This week, a very big week, in the midst of a very big year, the SAS newsletter covers end of year tax planning considerations, election results, and market responses. End of Year Planning Considerations There are two important dates for taxes: tax day in April and December 31st. As we approach the end of the calendar year, there are...
Last week’s election fatigue, pandemic fatigue, work from home fatigue, and virtual learning fatigue, all the fatigues will have at least some resolution now that the election has arrived and passed. This week, we discuss the impending lack of certainty on an election result and the markets’ response. Election Day November 4th, 2020, the day after election day! The stock market soared in the beginning of the week, making up for some of the losses...
The 2020 presidential election is one week away. Though the final election results might be more than one week away. Fatigue of the upcoming election, pandemic, uncertainty in the world, masks is all around- it’s a lot to take in. Election fatigue should be the first to be resolved. There is a possibility that election results will be clear based on certain same day state results such as Florida. If Biden carries Florida the pathway...
Election 2020 certainty and uncertainty in the markets dominated the SAS newsletter last week. In this SAS newsletter, we describe our CA state audit process as an RIA and more current events. Reminder SAS Investment Management clients with assets managed by SAS Financial Advisors at TD Ameritrade Institutional will notice that the online account access portal www.advisorclient.com has shifted to its newer version and will officially sunset the older version on October 29th, 2020. Many...
Last week’s VP Debates, a summary of quarter over quarter recovery decreases and increases, and the marginally steepening Treasury yield curve were mentioned in our SAS newsletter. This week, we focus more concretely on the election, only three weeks away on Tuesday November 3rd, 2020. Election 2020 The election is now 3 weeks away. Markets seem to have minimal concern over a delayed election decision. Goldman Sachs told clients they feel like the probability of...
From last week’s SAS newsletter highlighting the Presidential candidate debates, economic predictive analysis, and mortgage updates, to this week’s SAS newsletter highlighting the Vice Presidential candidate debates, you won’t want to miss it below! Reminder Tax Filing Due Date with Filed Extension Approaching: 10/15/2020 Quick reminder that if you filed an extension for your personal tax return, the due date with extension is approaching on October 15th, 2020. VP Debates We need a quiet week...
With the nation still mourning Ruth Bader Ginsburg's passing last week, the SAS newsletter highlighted both Ginsberg's passing primarily as well as current market events secondarily. This week the SAS Newsletter highlights the Presidential debate brief recap, the stock market trends, Congress and the 2nd CARES Act status, the Congressional Budget Office, mortgages, more daily awareness, and the TD/Schwab merger update. Debates Wednesday night was the first so-called presidential debate. It was a combination of...
Various economic recovery predictions were highlighted in last week's SAS Newsletter. Recovery curves represented by similarly shaped letters are used usually U-shaped, V-shaped, K-shaped, etc. SAS underlines the elements leading to a K-shaped economic recovery prediction. Today we highlight more of the latest events that have happened this week in 2020. RBG Ruth Bader Ginsburg passed this week on the day Rosh Hashanah, the Jewish new year, began. It is a reflective time of year...
Last week, the SAS newsletter highlighted recency bias and how current events have a lasting persistency in our decision making framework. It's a human bias to have a blind spot for anticipating better or worse times, different than today's conditions. This week we jump in with some economic outlooks on the future. Economic Outlooks Economists love to predict the future. They are correct 50% of the time. We just do not know which 50% are...
