McGill Advisors Holiday Update 2020

The 2020 Holiday Update  

Market Update

Despite the dire warnings of many in the media that a contested presidential election would cause mass upheaval in financial markets, relative calm has ensued. Following the election, the S&P 500 has staged a sharp rally, despite the continued uncertainty surrounding the political fallout of the results. Part of this can be attributed to the positive Covid-19 vaccine news, with health care facilities across the nation already starting to receive shipments of the Pfizer-BioNTech COVID-19 jab. Although we still have a very long way to go to root out the pandemic, these reports are creating optimism we may have turned the corner, and 2021 has the potential to be a nice recovery year for the economy.

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gratitude list

Gratitude: Thank you for the opportunity to serve you

On October 3, 1863, during a deadly Civil War, President Lincoln called for the last Thursday in November to be recognized by our nation as a day of thanksgiving and praise.

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hand reaching from computer

Online Scams Don't Take Holidays: Be Merry and Be Smart

The holiday season is in full swing not only for shopping, but for cyber-criminals too. We’ve begun the busiest online shopping season, and the bad guys are planning to get rich with your money. So, here are this year's Top 10 Holiday Cybersecurity Alert Tips. 

healthy image

The Financially Confident Retiree

We see it time and time again. Whether it is a couple who have come to our office to discuss preparing for retirement, or retirees who are now less sure of their financial security than they were a few months ago.

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family in the kitchen

Money Moves Before Year's End

The end of 2020 is in sight, but there is still plenty of time left to make a number of financial moves that will help improve your retirement savings, reduce your tax bill and benefit your community.

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