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Your Credit Score An Often Overlooked Financial Tool

You probably know your credit score is important, and you may even have an idea what your “number” is. But many people don’t focus on their credit score until they need it. By not focusing on your credit score earlier, you’re overlooking a chance to create a solid asset that you can leverage for the major (and sometimes minor) life decisions.A Good Score Is A Good InvestmentYour credit score is not just used for the big things like a house or a car – it’s some
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Investing in Retirement: It’s About Avoiding Volatility

Investing in Retirement: It’s About Avoiding VolatilityYou’ve been saving and investing diligently and now retirement is finally here. You may be at the end of the working stage of your life, but the investing stage continues.How is it different from pre-retirement?The biggest change is that you’ve probably shifted from a focus on growth and accumulation to one of preservation and income. This means avoiding one of the biggest threats to your nest egg — volatility. Since
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Federal tax filing deadline extended

Due to the coronavirus pandemic, the due date for filing federal income tax returns and making tax payments has been postponed by the IRS from Wednesday, April 15, 2020, to Wednesday, July 15, 2020. No interest, penalties, or additions to tax will be incurred by taxpayers during this 90-day relief period for any return or payment postponed under this relief provision. The relief applies automatically to all taxpayers, and they do not need to file any additional forms to qualify for the reli
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Market Week March 23 2020

  The Markets (as of market close March 20, 2020) Following the Fed's latest interest rate cut last weekend, stocks opened markedly lower on Monday, prompting the third circuit breaker in the last six sessions as trading was halted only seconds after the opening bell. By midmorning on Monday, the Dow had lost 8.5%, the S&P 500 slid 7.7%, and the Nasdaq fell 7.8%. By the end of the day, the Dow posted its worst percentage decline since 1987, the S&P 500 fell 12.0%, and the Nasd
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Market Month 2020

The Markets (as of market close February 28, 2020) With a growing number of countries reporting new cases of the coronavirus, the obvious spread of this dreaded virus prompted a massive panic sell-off, the likes of which haven't been seen since 2008. Investors' fears of widespread economic tumult caused by the coronavirus were too much to ignore, despite last Friday's statement from Fed chairman Jerome Powell that the central bank was prepared to cut rates if necessary when it meets
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Still time to make a regular IRA contribution for 2019

Even though tax filing season is well under way, there's still time to make a regular IRA contribution for 2019. You have until your tax return due date (not including extensions) to contribute up to $6,000 for 2019 ($7,000 if you were age 50 or older on December 31, 2019). For most taxpayers, the contribution deadline for 2019 is April 15, 2020. You can contribute to a traditional IRA, a Roth IRA, or both, as long as your total contributions don't exceed the annual limit (or, if le
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Market Week February 21 2020

The Markets (as of market close February 21, 2020) The run of positive weekly market gains ended last week as each of the benchmark indexes listed here lost value. The spread of the coronavirus from China to other countries has investors worried about the impact on global economies. Tech stocks were hit hard as the Nasdaq dropped 1.59%, followed by the Dow, which lost close to 1.40%. The large-cap S&P 500 fell 1.25%, followed by the Global Dow and the small caps of the Russell 2000. Money s
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WEEKLY ECONOMIC UPDATE

In this week’s recap: coronavirus concerns ripple through global stock markets; the Fed makes a slight monetary policy adjustment; consumer confidence rises; the government makes its first estimate of fourth-quarter growth.Weekly Economic UpdateFebruary 3, 2020 THE WEEK ON WALL STREETStock benchmarks declined for a second straight week as coronavirus news tempered risk appetite.The S&P 500 fell 2.14% on the week. The Nasdaq Composite dipped 1.76%, and the Dow Jones Industrial Aver
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Monthly Economic Update

In this month’s recap: the emerging coronavirus reins in the bulls on Wall Street, trade deals make headlines, the United Kingdom makes its Brexit, and confident U.S. households help the economy keep its pace.Monthly Economic Update February 2020 THE MONTH IN BRIEFEarly January gains gave way to late January losses as the coronavirus emerged as a global health concern, and correspondingly, a concern for the investment markets. The S&P 500 ended up retreating 0.16% for the mon
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THE SECURE ACT AND YOUR RETIREMENT SAVINGS

THE SECURE ACT AND YOUR RETIREMENT SAVINGS The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted in December 2019 as part of a larger federal spending package. This long-awaited legislation expands savings opportunities for workers and includes new requirements and incentives for employers that provide retirement benefits. At the same time, it restricts a popular estate planning strategy for individuals with significant assets in IRAs and employer-sponsored retireme
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WEEKLY ECONOMIC UPDATE DECEMBER 30 2019

In this year-end recap: A look back at the ascent stocks made during 2019 and some of the key economic developments of the year.Weekly Economic Update  December 30, 2019 What Drove the Markets?Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and China, earnings, and the economy. Stocks reached record highs in 2019. The S&P 500 climbed above 3,000 for the first time. The benchmark ended Frid
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WEEKLY ECONOMIC UPDATE DECEMBER 16 2019

In this week’s recap: the U.S. and China reach a phase-one trade deal, the Fed leaves the benchmark interest rate alone, and November retail sales come in below expectations.Weekly Economic UpdateDecember 16, 2019 THE WEEK ON WALL STREETThe U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign stocks, leading to weekly gains.Advancing 0.91% on the week, the Nasdaq Composite outperformed the S&P 500 (up 0.73%) and Dow Jones Industrial Avera
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Check the background of this financial professional on FINRA's BrokerCheck