Money Matters: The Federal Reserve’s unprecedented moves
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?
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?
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
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 […]
