Our Thoughts

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


Don’t Let a Recession Faze You

Posted by on Monday, April 20th, 2020 in Business, Estate Planning, Market and Economic Updates, Personal Finance | 0 comments

Don’t Let a Recession Faze You from Don Nalls, The Nalls Sherbakoff Group, LLC. Dear friends, Here at the Nalls Sherbakoff Group, we are convinced that there is not one bit of evidence that any investor, prognosticator, pundit or talking head can predict the market. None. Three weeks ago, I was discussing the futility of market predictions with a new client, and he told me that he just “knew” the market was going down a good bit more. His “gut” told him so. “Just knew it.” The next week, of April 6-10, the market was indeed volatile: to the...

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Your Financial Plan & COVID-19

Posted by on Wednesday, April 15th, 2020 in Market and Economic Updates, Personal Finance, Retirement, Tax Planning, Wealth Advisors, Wealth Management | 0 comments

Your Financial Plan and COVID-19 From Lee Sherbakoff, The Nalls Sherbakoff Group, LLC. Dear friends, We all vividly recall the global financial crisis of 2008. The economy was quickly contracting, several financial institutions required bailouts, layoffs abounded, and the stock market plunged.  But we weren’t grappling with fear tied to a health crisis then. We could go to a movie, eat at a restaurant, travel, or enjoy a live sports event. The roots of today’s crisis are different, and now we are in the midst of both an...

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4 Things To Do In A Volatile Market

Posted by on Monday, April 13th, 2020 in Market and Economic Updates, Personal Finance, Wealth Management | 0 comments

4 Things To Do In A Volatile Market

With the way things have been going lately, volatile sounds like a massive understatement to describe our current situation. When you’re barraged daily with alarming headlines, it’s normal to start asking questions like, “Am I going to be all right?” and “How will this affect me?” And more often than not, our questions turn to financial matters: “Will my portfolio recover?” and “Will I lose income?” While these events are not to be minimized, we can take comfort in being educated about what’s actually happening, not what the news is...

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Socially Distance Yourself From COVID-19 Scams

Posted by on Thursday, April 9th, 2020 in Business, Cybersecurity, Personal Finance, Retirement, Tax Planning, Wealth Management | 0 comments

Socially Distance Yourself From COVID-19 Scams From Lee Sherbakoff, The Nalls Sherbakoff Group, LLC. Dear friends, Whenever there is a natural disaster, there are always people who prey on those who want to help. Today, the disaster is a pandemic. Many are fearful, many are scared. It makes us especially vulnerable. The FTC has warned Americans to beware of the potential scams that are proliferating. Here are some precautions to take that will keep you safer: Hang up on robocalls, and don’t press any numbers. Scammers are using illegal...

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April 2020 Monthly Insight – COVID-19 and Market Uncertainty

Posted by on Wednesday, April 1st, 2020 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance, Wealth Management | 0 comments

“Fear incites human action far more urgently than does the impressive weight of historical evidence.” -Jeremy Siegel, Professor of Finance at the Wharton School of the University of Pennsylvania Everyone here at The Nalls Sherbakoff Group, LLC, has our clients in our thoughts and prayers as we all deal with the COVID-19 pandemic. I know we’re all doing our best to arrest the exponential growth in the number of confirmed cases.  The social distancing and “safer-at-home” initiatives no doubt will affect the overall U.S. economy and,...

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