McGill Advisors Update February 2021

The February 2021 Update  

Stop Trying to Time the Market

There is perhaps no more widely used phrase in the investment world than…you can’t time the market. This warning has been a hallmark of Wall Street lore for as long as public markets have existed and has been ingrained into the thinking of nearly every investor from the first day they begin investing. Despite the near universal acceptance of this time-tested advice, very few actually heed it. This is evidenced by the abysmal investor returns reported by research firms such as Morningstar, DALBAR, and S&P annually. Their conclusions are always the same. Investors’ emotional decisions routinely cause them to underperform a simple buy and hold strategy. 

Read More


 

the capitol building

Planning for Higher Taxes in 2021 

As we begin 2021 with the Democrats in control of Congress and the White House, we can begin to assess the political agenda of the left and what impact it will have for our clients.

Read More

gamestop

Day trading…cryptocurrencies…GameStop – What the heck is going on? 

For many of us, it seems not a day goes by that doesn’t now include a discussion with a close friend or family member regarding day trading, cryptocurrencies, or the new topic of the month…GameStop.

 

 

child and father in pool at home

Stocks Had a Big Year. Should You Sell Some to Buy a Second Home? 

Last year was a hot one for the stock market. If you’re sitting on some big gains, that vacation home you’ve been dreaming about may be calling your name. Here are five questions to answer before you take the plunge.

 

get a vaccine before flying

Start Making Plans for Travel Now...BUT Be Flexible

The first wave of COVID-19 vaccinations has lifted many spirits and raised expectations for the new year, including the hopes of resumed leisure travel. But while it's good to have things to look forward to, your travel plans for the year will have to account for COVID-19 whether you receive a vaccine or not.

 

Get Timely Financial Insights Delivered to Your Inbox


 

Did you miss an Update?
Month of January 2021
View the full Update here
Month of October
View the full Update here
Month of September
View the full Update here
Month of August
View the full Update here