Monthly Insights

"Ideas shape the course of history." -John Maynard Keynes


The good news just keeps coming, but yet….

Posted by on Monday, November 15th, 2021 in Market and Economic Updates, Monthly Insights | 0 comments

Job growth is surging despite the deleterious impact of the delta variant of the COVID-19 virus, or for that matter, the supply chain issues brought on by demand skyrocketing.  Americans are going back to work rapidly.  The US Economy is adding nearly half a million jobs a month in 2021.   Fear of stagflation is officially dead.  Good news.  Recent data from Bloomberg reports total dividend payments from the constituents in the S&P 500 Index are coming in at a cumulative $61.03 per share this year (a record...

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Should I Pay Off My Mortgage Early? – November Monthly Insight

Posted by on Friday, November 5th, 2021 in Monthly Insights | 0 comments

“What can be added to the happiness of a man who is in health, out of debt, and has a clear conscience?”  – Adam Smith, Scottish economist, philosopher, pioneer of political economy For many people, owning a home is an essential part of the American dream, with several economic benefits.  To achieve this dream, it has been instilled in us that a mortgage is good debt, a liability that has the potential to increase your net worth and improve your life.  But the pandemic has challenged old financial rules.  Droves of...

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The Big Wealth Transfer – October Monthly Insight

Posted by on Friday, October 1st, 2021 in Estate Planning, Monthly Insights, Wealth Management | 0 comments

“The legacy of heroes is the memory of a great name and the inheritance of a great example.“ —Benjamin Disraeli, British statesman and who twice served as Prime Minister of the United Kingdom We hope everyone had a wonderful summer and are looking forward to cooler temperatures. The momentum generated by a growing U.S. and global economy is likely to carry over into next year.  While a 2022 recession can’t be ruled out, leading indicators suggest the odds are low.  However, all eyes are on the logistical tail wagging the...

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Retire Comfortably – September Monthly Insight

Posted by on Wednesday, September 1st, 2021 in Estate Planning, Investing, Monthly Insights, Retirement | 0 comments

“Success is no accident.  It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” –Pele, Brazilian former professional footballer (soccer) and among the most successful and popular sports figures of the 20th century. Are you on track to retire comfortably?  If already retired, are you confident in your retirement income planning?  What are your financial goals?  How much income will you need to generate each month?  What about your...

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Is it Time to Downsize Your Home?

Posted by on Wednesday, August 4th, 2021 in Monthly Insights, Personal Finance | 0 comments

Is it Time to Downsize Your Home?

By Lee Sherbakoff, CPA/PFS, CFP®, RICP® Regardless of whether you purchased your home long ago or have only been there for a few years, downsizing can be an enticing option for many people as they near retirement. There are plenty of reasons to sell and seek out a house that is smaller and a better lifestyle fit. On the flip side, there are also reasons to stay in your current home. Let’s look at some pros and cons so you can make the right decision for your situation. 5 Reasons to Move Now that you are in or close to retirement, your...

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