What Comes Next?

To say that last week was eventful is an understatement, this week continues to be remarkable, with markets surging on a positive coronavirus vaccine announcement.

Although our country still faces health and economic problems as 2020 winds down, we can approach the year-end with optimism. Fostering optimism in your financial strategy means taking care of year-end tasks like retirement plan contributions and tax planning.

A financial strategy is not an abstract thing—you are saving and investing for something real: a happy retirement, putting kids through school, a memorable vacation, or home renovation. Election outcomes don’t affect your long-term goals.

Consider the emotions behind your goals and how they may have evolved over 2020. It may help you face 2021 with a renewed sense of optimism.

Here are some articles I found insightful. Feel free to share them, and get back to me with your thoughts.

In a Divided Washington, Biden Could Still Exert Economic Power

Nov. 10, 2020

President-elect Joe Biden will take office in January with a weak economy weighed down by the…

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5 Ways President Biden May Make Lasting Changes To Your Retirement

Nov. 10, 2020

While President-elect Biden and a nation wait for President Trump to concede the election, focus turns to how a Biden administration will lead…

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Four Reasons Why Elections Should Never Drive Your Investment Decisions

Nov. 10, 2020

While the stock market posted strong gains immediately following election day, stocks dipped late…

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Why 2020 Was the Perfect Year for Tax-Loss Harvesting

Nov. 9, 2020

This is the kind of year that was made for tax-loss harvesting. The tactic, used to legally…

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What Joe Biden and Kamala Harris Mean for the Markets

Nov. 9, 2020

Democrat Joe Biden was elected president Saturday morning, beating President Donald Trump in…

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