The Week Ahead: June 21, 2021: Market Update, Family & Summer Savings Month, COVID-19 update, all this and more in The Week Ahead!
by Carson
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Your Weekly News and Updates
June 21, 2021
Taylor Financial Group, LLC hopes you had a Happy Father’s Day!
“The quality of a father can be seen in the goals, dreams and aspirations he sets not only for himself, but for his family. ” – Reed Markham
CURRENT STATE OF THE MARKET (NEW)
Weekly Market Commentary 06.21.2021
Higher-Than-Expected Inflation Rates Cause Consumer Spending to Slow; Fed Adjusts Forecasts For Future Hikes
Published by The Carson Group, LLC
The Federal Reserve raised its inflation forecast 1.0% for this year to 3.4% and indicated inflation will stay near its target of 2.0% in coming years. Based on a more rapid recovery and higher-than-expected inflation in recent months, Fed officials estimate the Fed will raise interest rates twice in 2023. The moves also suggest the Fed will start reducing its bond-buying program this year rather than in 2022….Read More
A ROADMAP FOR KEEPING YOUR MONEY SAFE AS YOU AGE (NEW)
Podcast by Society of Actuaries provided by Taylor Financial Group
Adults over age 65 are faced with many new challenges since the novel coronavirus became a global pandemic. Not only are they more vulnerable to the effects of the disease, they are also threatened by economic repercussions that have affected their retirement savings. At a time of so much uncertainty, planning for the future can feel like a futile exercise. But at the same time, older people are more acutely aware that illness and disability can strike at any time. Preparing for changes in financial capacity is essential for a secure retirement….Listen Here
JUNE IS FAMILY & SUMMER SAVINGS MONTH (NEW)
Summer Saving Tips
SouthWest Electric Image provided by Taylor Financial Group, LLC
Here you’ll find strategies to help you save energy and keep costs down during the spring and summer when the weather is warm and you are trying to keep your home cool. Some of the tips below are free and can be used on a daily basis to increase your savings; others are simple and inexpensive actions you can take to keep energy affordable through the spring and summer…. View Image
7 Steps to Take When Aging Parents Need Help
DailyCaring Article Provided by Taylor Financial Group, LLC
If your aging parents need help to stay safe and healthy, you might be unsure about how to handle the situation.
Figuring out their needs, understanding the options, and making decisions can feel overwhelming. Focusing on something concrete helps you feel more in control of the situation.
Use these 7 steps to turn the vague problem of “my aging parents need help” into a practical, realistic plan to help mom or dad be as healthy and happy as possible….Read More
DIAL INTO OUR VIRTUAL OFFICE HOURS
FOR CLIENTS, PROSPECTS, FRIENDS & FAMILY (NEW)
Every Monday from 4:15pm – 5:00pm EST
Our “Office Hours” are exclusive to clients, prospects, friends, and family who would like 1-on-1 access to Debra Taylor and her opinions on the current state of the markets and how that might impact you and your family!
Debra will begin each session by discussing the markets briefly and then open up the floor to questions from the audience. We hope for this to become a place for people to connect each week and discuss important financial topics on their minds!
Questions can be asked LIVE during office hours or sent to AnnMarie in advance!
UPCOMING WEBINAR LED BY DEBBIE TAYLOR
Second Quarter 2021 Review and a Look at the Year Ahead!
**Due to the holiday we are moving the webinar from the first to the second Thursday of the month**
Join us Thursday, July 8th at 4:15 pm EST!
Debra Taylor, Lead Wealth Advisor, will speak about the major themes in the financial markets from Q2 and how to help improve your wealth and investments in 2021 and beyond.
Here’s what Debbie will address:
2nd Quarter Review, current market trends and where they could take us in the coming months
Major tax changes under the Biden Administration and how they may impact your future planning
Investments to consider for 2021
Ways to help improve your wealth in 2021 and beyond
TEE OFF WITH TAYLOR FINANCIAL GROUP (NEW)
You are invited to “Tee Off” with Rob Taylor, Senior Wealth Advisor of TFG, at the Ramsey Golf & Country Club!
Each tee time is limited to 3 spots, so please let us know your availability soon so we can secure your spot!
Wednesday, June 30th
Wednesday, July 14th (Closed-Out!)
Wednesday, July 28th
12 pm-5 pm (estimated times and depending on the “19th hole”)
Each Golf Outing offered is assigned on a first-come-first-serve basis so RSVP ASAP!
E-mail AnnMarie at [email protected] to reserve your Wednesday Tee Time with Rob Taylor!
DON’T KNOW HOW TO PLAY GOLF? NO PROBLEM! NOW OFFERING GOLF CLINIC DAYS
Each Golf Clinic is assigned on a first-come-first-serve basis and there is limited space so RSVP ASAP! And don’t forget Happy Hour (Or some extra holes after the clinic – up to you!)
Wednesday, June 23rd, 5:30 – 6:30 pm (Putting)
Wednesday, July 7th, 8:45 – 9:45 am (Driving Range)
Wednesday, July 21st, 5:00 – 6:00 pm (Pitching)
Wednesday, August 4th, 8:45 – 9:45 am (Driving Range)
Wednesday, August 11th, 5:00 – 6:00 pm (Putting)
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In just minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.
By Debra Taylor, CPA/PFS, JD, CDFA™ Investors cheered as the The S&P 500 was up >12.5% the past month. Previous big months have usually lead to better than average returns. Yes, during the tech bubble burst this didn’t work, but most other times the past 60 years have been rat …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, A historically weak quarter, six months, and year for both stocks & bonds, is now behind us. With stocks and bonds both showing weakness, even a well balanced portfolio didn’t stand a chance for positive returns. As most of …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, There is a lot of pessimism in the markets right now. We know the list of concerns is long and includes an aggressive Federal Reserve agenda with a not-so-soft approach to a soft landing. Stagflation, ongoing China lockdowns, disrupted suppl …
By Debra Taylor, CPA/PFS, JD, CDFA™ ear Friends, Summer is finally here, but 2022 is still shaping up to be one of the worst years for investors ever. That’s the bad news. The good news is, the year isn’t over and we have several reasons why we believe the bulls shouldn’t throw in th …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, The S&P 500 is in a bear market, after closing on Monday, June 13th, with a greater than 20% decline from its recent peak. A look back at past bear markets shows that there is good news and bad news once the large-cap index has cr …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, Stocks rallied hard the week of May 31st, as the S&P 500 Index broke a seven-week losing streak in resounding fashion. That strong week was followed by last week’s losses, creating a see-saw effect that has everyone wonderin …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, After a late-month rally, we can say goodbye to the month of May, which now opens the door to June. Here’s the bad news, June is historically a weak month and it is actually the worst month of the year during a midterm year, down 1.8% …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, It has been a historically bad year so far for stocks. However, the S&P 500 Index rose 6% last week, a welcome relief to all. With lots of “market chatter,” we wanted to discuss Six Things to know regarding bear market …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, When the markets correct, it can be confusing and even frustrating. There are, however, opportunities in every market, if you move boldly and with thought. With that being said, below we review the Nine Key Opportunities that could be …
By Debra Taylor, CPA/PFS, JD, CDFA™ Dear Friends, With the S&P 500 Index in correction territory (down more than 10% from the previous peak) investor anxiety levels are understandably elevated. The market faces a number of threats, including inflation, a hawkish Federal Reserve, …