A partial social security number and other identifying information can be the key to open the vault to your most valuable assets in a cybercriminal’s hands. Online access brings convenience and higher risk, making financial data security a must to keep our information – and assets – safe.
In this first article in our leadership series, we look at why, and how to, develop leadership rather than hiring support staff. Leaders build the culture that they want to be in, and in turn that keeps employee turnover low. They also collaborate and challenge each other to improve efficiencies, leading to increased value for our clients.
Find out how the Stableford approach to 2020’s fourth quarter fared compared to market outcomes. Positioning targeted less volatility and risk than the overall market, and we participated in the upside with bets on small caps, cyclicals, and value. But we also maintained our aversion to downside risk. The Market Commentary shares news on fixed income and markets.
Many workers transitioned to working from home during the 2020 pandemic. Doing so may have affected their individual tax return. Workers should verify they are filing correctly based on their current state, investigate reimbursements for home offices and learn more about filing taxes if their status has changed from W-2 employee to 1099 self-employed.
It was a November to Remember! If someone told you in March that the S&P 500 would be hitting all-time highs in late 2020 while Covid-19 cases surged and offices and restaurants remained vacant, how would you have responded? Well, here we are. The S&P 500 increased 10.8% in November, an enormous move after 2 consecutive negative months. Stepping back, it makes sense: Equity markets are forward-looking. So, where do we go from here? Read more here.
Investments start with a goal in mind – to build up a fund to pay for kids’ education or build a nest egg to secure retirement income are just two typical goals. For this reason, it’s natural for the investment approach of non-professionals to place a greater emphasis on asset growth. But, as assets grow, security becomes a bigger issue. Investment professionals understand how to create the balance between growth and protection – discover why and how they do it.
Money mindset starts early in life, from parental models to media influence and advertising. This psychology of investing refers to financial habits and dictates how someone spends and saves money. Through behavioral finance, an advisor gains insight into these habits to better coach the investor on how to manage money responsibly to ultimately gain financial wellness.
In the Stableford Market Commentary October 2020 the election results and Senate makeup are factors that are driving the markets. A divided government is among the better results from an equity market perspective due to a reduction in the risk of higher corporate taxes and minimizes the possibility for less a corporate-friendly cabinet appointees in the new administration.
Governments around the world are considering expanding their currency to include digital dollars. Using central bank digital currency will offer some benefits like direct-to-citizen payments and indisputable accounting. However, the concerns regarding inflation and technology corporation oversight is delaying immediate acceptance.
When it comes to automating tasks and gathering data, technology takes the lead. But when it comes to interpreting the data and comparing it with clients’ unique financial goals, human interaction is key. A good financial advisor combines both technology tools and personal relationships to give clients positive investment experiences and positive returns.