Our Thoughts

"Either write something worth reading or do something worth writing." -Benjamin Franklin


March 2020 Monthly Insight – The Economy, Markets, Coronavirus, and Perspective.

Posted by on Friday, March 6th, 2020 in Investing, Market and Economic Updates, Monthly Insights, Uncategorized, Wealth Management | 0 comments

“The only thing you sometimes have control over is your perspective. You don’t have control over your situation. But you have a choice about how you view it.“ – Chris Pine, American actor As February began, investors were keeping a cautious eye on the coronavirus spreading in China. While there were isolated outbreaks around the globe, they were just that—isolated. That changed dramatically when headlines announced the coronavirus had spread to northern Italy, South Korea, and Iran. Now, the uncertainty is being felt...

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Coronavirus Cogitation — February 5th, 2020

Posted by on Wednesday, February 5th, 2020 in Business, Personal Finance, Tax Planning, Wealth Advisors, Wealth Management | 0 comments

Coronavirus Contagion from Lee Sherbakoff, The Nalls Sherbakoff Group, LLC. Dear friends, On Friday, January 17 – after a spectacular 40% run-up that started the day after Christmas 2018 – the Standard & Poor’s 500-Stock Index closed at 3,329.62. Two weeks later to the day – last Friday, January 31 – the Index closed down a little over three percent, at 3,225.52. And, more than half that damage was done on Friday. We have therefore been invited by financial media to suspect that the blended value of 500 of the largest, best financed, most...

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February 2020 Monthly Insight – Embracing Volatility

Posted by on Saturday, February 1st, 2020 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | 1 comment

“Don’t underestimate the value of doing nothing” —A. A. Milne, an English author, best known for his books about the teddy bear Winnie-the-Pooh We hope all is well with you so far in the New Year. You have likely heard us plead the case that we must embrace volatility if we are going to invest in the stock market. The fact that markets swing suddenly at times is why they allow for higher returns than the low, steady rates you earn on money markets and savings accounts. When nervous, deluded investors bail out, it leaves significant...

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What I Do And How I Can Help

Posted by on Wednesday, January 15th, 2020 in Investing, Personal Finance, Wealth Management | 1 comment

What I Do And How I Can Help

By Lee Sherbakoff, CPA/PFS, CFP®, RICP® We all have dreams, but those dreams usually cost money, especially when it comes to retirement. It’s all well and good to picture yourself leisurely walking the beaches along Florida’s Gold Coast or funding an inheritance for your children and grandchildren, or even just enjoying a quiet and fulfilled retirement without financial worries, but it’s quite another thing to create a customized, strategic plan to make your dreams a reality.  If your blood pressure is already going up or you’re...

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January 2020 Monthly Insight – Securing the SECURE Act

Posted by on Wednesday, January 1st, 2020 in Estate Planning, Monthly Insights, Personal Finance, Retirement, Wealth Management | 0 comments

“I am prepared for the worst, but hope for the best.” – Benjamin Disraeli, British statesman and novelist On May 23, 2019, the U.S. House of Representatives, in a near-unanimous vote of 417-3, passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act.  The SECURE Act contained significant changes to retirement accounts, required minimum distributions (RMD), and inherited IRAs. A few days later, on June 3, 2019, the House submitted the legislation to the Senate, where it languished until December 19, when the...

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