#1 Question Asked Since the Pandemic: Am I Invested Correctly Post-COVID-19?
Unfortunately, the COVID-19 pandemic caused many investors to alter their portfolios, often not to their long-term benefit. It’s certainly understandable to have wanted to do something in response to this unprecedented catastrophe. The problem is, as is often the case, that emotional responses often lead into unwise financial moves that must be corrected before they do permanent harm. This is especially true when it comes to retirement planning for high net worth individuals, because the more you’re investing, the more […]
Read More
Date: May 4, 2021
Investing in Volatile Markets: Heritage Capital Addresses Concerns
Market volatility is constant, yet it’s common for investors to forget during strong bull markets. We all got a reminder in 2020. With a new year upon us, investors are now asking: What if another 2020 happens? How do long-term investors prepare for volatility? As founder and president of Heritage Capital, I’ve been helping investors since 1988. Volatility fluctuates over time, providing opportunities and challenges for investors who tend to feel more uncertain during highly volatile markets. It is like […]
Read More
Date: January 4, 2021
How to Test Drive Your Retirement: Addressing Retirees’ 3 Biggest Fears
Are you a glass-half-full or glass-half-empty type of person? Whichever camp you belong to, it’s realistic to have concerns about your retirement life. The changes that retirement brings deserve serious thought, and more importantly, action. It’s even better if you can test drive your retirement to see if the plans you put forth really work for you. The team at Heritage Capital has been helping people retire with confidence for more than 30 years. In that time, we’ve identified the […]
Read More
Date: September 28, 2020
How to Retire Without Your Spouse: Investment Strategies for the Divorced or Widowed
Divorce has become increasingly common in the United States over the past few decades, and roughly 25 percent of people 65 or older are widowed. Despite this, however, approximately two-thirds of married couples don’t have a financial plan set up in the case of divorce or widowhood. What happens if you do become divorced or widowed either when retirement is imminent or once you’re retired? Are there investment strategies that can help in either scenario? In our more than 30 […]
Read More
Date: September 14, 2020
Common Questions About a SEP IRA
Your standard IRAs and 401(k)s hog a lot of the attention when it comes to defined contribution retirement plans. While these can be terrific vehicles for creating a long-term nest egg, we don’t want to discount another effective option, the SEP IRA. At Heritage Capital, we’re often asked about the SEP IRA, which can be a low-cost alternative to other employee retirement plans. Can I convert a SEP IRA to a Roth IRA? Can I roll a SEP IRA into […]
Read More
Date: August 17, 2020
Taxes, Retirement and Your Investment Strategies
In response to the economic hardship caused by COVID-19, the federal government extended this year’s tax-filing deadline from April 15 to July 15. The state of Connecticut also extended the deadline to match the new date. While this obviously gave Americans more time to file and pay any amount owed to Uncle Sam, this extension of the tax-filing deadline offers a number of other financial benefits – if you use it to your advantage. There are many long-term and short-term […]
Read More
Date: August 3, 2020
This Week is Usually Down
Friday saw another one of those “ugly on a chart” afternoon reversals as Apple announced a fresh round of store closings in the states that recently reopened. I am sure a lot of people saw the re-openings as easy and as expected, but the truth is much different. It is going to be lumpy and uneven with varying degrees of success and failure. One thing remains a certainty in my humble opinion; the U.S. economy will never be completely shut […]
Read More
Date: June 22, 2020
Routine & Healthy Consolidation in Play
Last Friday, we saw the S&P 500 tick at all time highs for a few seconds. That’s anything but unexpected and certainly not newsworthy. What was “different this time” was that it was the only major index to score new highs before they all reversed sharply to the downside. That made calling for an overall market pullback fairly easy. Over the past few days, the high flying, momentum driven tech stocks, like Google Netflix and Amazon have come under strong […]
Read More
Date: March 26, 2014
Bounce and Then Some! Two Possible Scenarios
In the middle of last week, I posted a piece about the potential for a very short-term rally, which you can see here, http://investfortomorrowblog.com/archives/1002. Stocks had come down very hard and very fast relative to what we have seen over the past year. I didn’t believe the ultimate low was seen, but the market could certainly bounce for a few days to a week. It’s a week later now and boy did the market bounce! The NASDAQ 100 even made it […]
Read More
Date: February 12, 2014
The “All Important” Employment Report
Today is Jobs Friday and the pundits are usually out in force predicting the number of non-farm payroll jobs created. That’s one area I usually steer clear of as it is probably the most volatile, inconsistent and unpredictable economic number of the month. What’s even more futile is forecasting the market’s reaction, which is sometimes a head scratcher. Last month’s number was a complete and utter disaster, but the stock market barely shrugged and tested the highs the following week. […]
Read More
Date: February 7, 2014
