So, remember all those times we’ve said that investment risks and expected rewards are related? Coronavirus-fueled fears, driving economic insecurities, aggravating a host of simmering global sore spots, spiraling into stomach-wrenching market sell-offs … Be it confirmed. Today’s unfolding news is the realization of those risks we’ve...
Not long ago, some investors had yet to experience what it was like to weather turbulent markets. Even those who had, might have forgotten how scary it can be. This concerned us. So, to help people practice for scary days ahead, we published a fire-drill...
The term “novel coronavirus” is so new, some people have apparently wondered whether it is related to Corona beer. (It is not; it’s named after its crown-shaped particles.) And yet, how quickly it has grabbed global headlines. As the viral news has spread, so too...
What a year it’s been. Remember December 2018? As The New York Times reported at the time, “Stocks plunged in December [2018], posting their worst monthly loss since the financial crisis and the worst December since 1931 and the Great Depression.” It’s amazing how quickly memories...
On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement (SECURE) Act that will bring many important changes to the current retirement system. In addition, a second bill, the Taxpayer Certainty and Disaster Relief Act of 2019, has significant...
Due to the upcoming holidays, Sax Wealth Advisors will close at 3:00 PM on Tuesday, December 24 (Christmas Eve) and Tuesday, December 31 (New Year’s Eve). Our offices will be closed on Wednesday, December 25 (Christmas Day) and Wednesday, January 1, 2020 (New Year’s Day). We would...
Due to the Thanksgiving Holiday, SAX Wealth Advisors will be closed as of 3:00 PM on Wednesday, November 27 and will resume normal business hours on Monday, December 2. We would like to take this opportunity to thank you for your continued business. We are sincerely...
Sax Wealth Advisors invite you to listen to the Friends Talk Money podcast. Season one features hosts, Terry Savage, Rich Eisenberg from PBS, and Pam Krueger from MoneyTrack on PBS. Friends Talk Money is a conversational 20-minute weekly podcast aimed at people who are about to...
Beginning in December 2016, the U.S. Federal Reserve (the Fed) had been gradually ratcheting up the federal funds rate, until it reached its December 2018 level of 2.25–2.50%. Effective August 1, 2019, that changed: The Fed lowered the federal funds rate by a quarter point,...
The New York Times Article, “Investors Are Usually Wrong. I’m One of Them” does a great job supporting Sax Wealth Advisors’ philosophy about not trying to outsmart the markets. Give it a read here: https://www.saxwa.com/wp-content/uploads/Investors-Are-Usually-Wrong.pdf...
