Mukilteo narrowly adopts Housing Action Plan
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MUKILTEO, Wash., June 9, 2021 – The Mukilteo City Council passed its Housing Action Plan (HAP) with a vote of 4-3 during its four-and-a-half hour contentious Business Meeting on June 7. Councilmembers Sarah Kneller, Elisabeth Crawford, Richard Emery and Councilman Louis Harris voted for the adoption of the HAP. Councilmen Joe Marine, Bob Champion and […]
Money Matters: Buffett and Powell talk inflation
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What does it mean when two of the most powerful voices in American financial life seem to be saying two different things? In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s richest people and most frequently sought opinions on business matters, he’s a voice that gets a […]
Guarding against identity theft
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By Paul Ellis, CIMA® | Ellis Wealth Management Group America is enduring a data breach problem. As many workers traded in the office for remote work, data security has been a focus for the public and private sectors. Between robocalls pitching low-cost health insurance, pretending to be the I.R.S., or offering “work from home” opportunities, […]
U.S. Presidential Election – Preparing For Any Outcome.
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U.S. Presidential Election – Preparing For Any Outcome.By Paul Ellis | Ellis Wealth ManagementPublished by: Lynnwood Times As the U.S. presidential election draws near, expect to see more and more headlines that propose, “What will happen next if this person is elected?” or, “What policy changes to prepare for in the next four years?” In […]
Financial Strategies for young families
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Financial Strategies for young familiesBy Paul Ellis, CIMA | Ellis Wealth Management | Republished by Lynnwood Times The hardest part is getting started. Even though more than half of U.S. households have some form of investment in the stock market, many new parents may still find that creating a financial strategy is the last thing […]
A Stock Market Lesson to Remember
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Confidence can quickly erode, but it can also quickly emerge. Provided by Paul Ellis, CIMA® Undeniably, spring 2020 has tried the patience of investors. An 11-year bull market ended. Key economic indicators went haywire. Household confidence was shaken. The Standard & Poor’s 500, the equity benchmark often used as shorthand for the broad […]
Money Matters: The Federal Reserve’s unprecedented moves
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By Paul Ellis | Ellis Wealth Management In response to the COVID-19 pandemic, almost every state in America is under some sort of stay-at-home order. This unprecedented time has also led many businesses, large and small, to downsize or close up shop entirely. In response to the drastic impact that COVID-19 has had on global […]
Money Matters – Pullbacks, Corrections, and Bear Markets: What’s the difference? What do these terms mean for you?
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By Paul Ellis | Ellis Wealth Management The COVID-19 outbreak has put tremendous pressure on stock prices, prompting some investors to blindly and indiscriminately sell positions at a time when the entire market is trending lower. Worried investors believe “this time it’s different.” When the market drops, some investors lose perspective that downtrends – and […]
Money Matters: As the news cycle moves from impeachment to COVID-19 to the primaries – what’s next?
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By Paul Ellis, CIMA® | Ellis Wealth Management In recent weeks, we’ve seen several major stories in the news. On the political front, in addition to the arrival of the presidential election through the 2020 caucuses and primaries, we have just experienced the third presidential impeachment in American history. In international news, the latest coronavirus […]
Money Matters: 2019 IRA deadlines are approaching
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PAUL ELLIS | Last Updated February 6, 2020. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. A new federal law must be noted here. The Setting […]