The first wave of COVID-19 vaccinations has lifted many spirits and raised expectations for the new year. Those shots have also inspired a sharp rise in travel bookings among folks who hope it will finally be safe to jump on an airplane and lounge at a luxury hotel in the spring or summer of 2021.
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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.
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.
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. One item high on that agenda is a plan to reform our current tax system, which President Biden released late in 2020.
Brightworth and McGill Advisors have been monitoring the developments in the recent cyberattack linked to the SolarWinds Orion platform. We are dedicated to maintaining the security of your data and of our systems and want to share the status of our investigation into this widespread attack.
Will it make sense for you to use your stock market gains to buy a second home this year? Consider the implications before taking this risk. Here are five questions that can help you make this decision.
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Tue, 12/01/2020 - 16:38
As I’m writing this blog entry, it’s the week of Thanksgiving. Sure, this year is going to be different, but the principles of gratitude and community cannot be removed from this great American tradition.
Fri, 10/16/2020 - 09:54
Are you tired of the overly negative sentiment of today’s media? The nonstop negativity about the impact of the election outcome, Coronavirus, etc.? Fear sells, and as humans, we know how to use it to motivate our behaviors…welcome modern marketing.
Tue, 10/13/2020 - 12:27
What a wild and crazy year 2020 has been. The fortitude of most investors has already been tested multiple times, and with the election only a few weeks away, many will continue to have their blood pressure and risk tolerance tested.
Tue, 10/13/2020 - 11:12
After every major stock market decline a handful of investors will start asking themselves why they didn’t sell after the market dropped around 10%? The logic appears so simple after the stock market drops 20% or more, right? Investors can now see with perfect hindsight that the first 10% was only the beginning and they should have known more was to come.
Mon, 09/14/2020 - 10:58
They’re back!! It may be hard to believe but unfettered excitement over investing in technology stocks has returned with a vengeance. It feels like a lifetime ago – actually, barely five months – when fear swept through the financial markets as the Covid-19 global pandemic sent the world economy into an abyss. Entire economies were effectively shut down with ramifications as uncertain as predicting the weather.
Mon, 09/14/2020 - 10:41
As creatures of habit, it often takes an intense experience to shake us out of our routines and get us to examine how we are spending our lives. For many, COVID-19 was a jolt that jump started them to examine their habits and priorities, and for some the forced sabbatical gave them the time necessary to make positive changes.
Wed, 09/09/2020 - 15:17
At the onset of the COVID-19 pandemic, I noticed an important shift in my life and in the lives of many around me. I struggled to appropriately articulate this feeling, but before March of 2020, I sometimes felt like the world was on a treadmill.
Mon, 08/10/2020 - 16:13
As recent graduates from Virginia Tech and the University of Georgia, we have experienced the effects of Covid-19 firsthand through finishing our senior year online, in quarantine, and without any guidance as the world has not seen a pandemic this large in over a century.
Thu, 07/30/2020 - 10:06
Seriously? Why would anyone willingly choose to run UP a hill? The sudden burst of extra effort, a shortened stride and quickened cadence, leaning forward with your breath and heart rate accelerating. Why run hills when you can take an easier route, staying flat or avoiding running altogether?
Fri, 07/17/2020 - 17:07
The year 2020 was touted to be the year of “clarity”. Yet instead of a fun cliché, we have experienced the opposite. Covid-19 has altered our daily lives in unprecedented ways, testing the daily habits, routines, and rhythms that are often the greatest source of our happiness and success.