Preservation Specialists, LLCĀ Blog
We help individuals and families work toward achieving their ideal retirements.
2021 Outlook: Wealth Managers Weigh In
2021 Outlook | According to its latest 2021 economic outlook, UBS expects widescale availability of the COVID-19 vaccine will increase global output in 2021. The firm anticipates corporate earnings will return to pre-pandemic highs by the end of 2021 and recommends that investors diversify their portfolios by rebalancing out of U.S. large caps and global…
Read More āWhat Is āStakeholder Capitalismā?
In its monthly Investment Insights publication, Merrill Lynch noted that while nationalism has been a strong trend throughout the past few years, globalism in the prior 30 years did much to reduce poverty worldwide. As trade agreements shifted many U.S. jobs and operations overseas, the average income of the lower 50% of global earners nearly…
Read More āWhatās Ahead for the Stock Market?
In November, the Dow experienced its best month since 1987, while the S&P 500 and Nasdaq indexes enjoyed their best month since April of this year. Learn more about stock market here… With the election behind us and a vaccine on the horizon, the stock market has plenty to celebrate. Many consumers used the pandemic…
Read More āChinaās Rebound
In mid-November, China signed an important and symbolic free-trade agreement with 14 countries, including Japan, South Korea, New Zealand and Australia. The deal, which represents 30% of the worldās population, eliminates tariffs and quotas on 65% of goods traded in the Asia-Pacific region. Global economists say the deal is further evidence of Asiaās growing power,…
Read More āOpen Enrollment: Health Care Insurance Takes Priority
The Patient Protection and Affordable Care Act (ACA) ā passed in 2010 and known colloquially as āObamacareā ā has experienced quite a ride. Initially, it was embraced by millions of Americans for whom it afforded tax-subsidized health insurance without access to employer-sponsored coverage. At the same time, it was derided for increasing government sharing costs…
Read More āAdvantages of Gender-Lens Investing
Gender-lens investing is the tactic of screening companies through female-centric filters. According to analysis by the Wharton School of Business, these filters include: Advancing women in finance Advancing women in leadership Advancing products and services that improve the lives of women Advancing companies that have a positive effect on their female employees Advancing companies that…
Read More āSocial Security Updates
The Social Security Administration (SSA) recently announced a new cost-of-living adjustment (COLA) starting in 2021. Beneficiaries can expect a 1.3% increase in their income payouts next year, which is actually smaller than the COLA increase was for this year. For single households, thatās an average increase of about $20 a month; $33 for married retirees. Among…
Read More āLetās Talk About ⦠the 401(k)
The 401(k) originally began as a company profit-sharing plan. Companies had been funding defined benefit pensions for years, but as their annual profits and stock prices experienced volatility, they looked for ways to share that burden with employees. Through profit sharing, workers made money when the company did and made less during down years. While…
Read More āFixed Income vs. Stock Portfolio
Early this year, many stopped spending and began saving money. This wasnāt difficult as many areas of the economy were ā and possibly still are ā shut down. For some, vacation plans were canceled, and the normal level of entertainment activities and dining out have been curbed. If youāve remained employed, chances are good youāve…
Read More āReady to Take The Next Step?
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