WESCAP’s Take on the Current Coronavirus Outbreak
Summary: Covid-19 appears to be spreading more rapidly than first thought, but with a lower mortality rate as well. Therefore, a worldwide pandemic would be temporarily debilitating, but not likely to have a material long-term impact on most global economies and asset prices. Headline news risk and stock price volatility will remain high until the virus peaks and shows evidence of receding.
(more…)Read MoreEconomic and Investment Outlook for 2020
This year we wish to focus on the main questions investors are asking coming into 2020: Are U.S. stocks and bonds overvalued? What does this mean for investors?
To read the full report please click here: WESCAP 2020 Economic and Investment Outlook
(more…)Read MoreStretch IRAs Are Mostly Dead. RMDs Pushed Out to Age 72: How Will It Affect You?
Late last year, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed as part of the government’s spending bill and took effect on January 1, 2020. This new legislation is intended to strengthen retirement security for many individuals. Required distribution rules are changed – some good, some bad.
(more…)Read MoreYear-End Planning
As year-end approaches, it is important to address any unresolved planning or tax issues for 2019 and ensure you are on track for 2020.
(more…)Read More4th Quarter News and Opportunities
Schwab and TD Ameritrade Eliminate Commissions – Early this month, Charles Schwab & Co and TD Ameritrade both announced that they would be eliminating commissions for US Stocks, ETFs and Options (although for options, a contract fee still applies). This allows WESCAP greater flexibility in trading and selecting the optimal funds for client portfolios. For more information, please see the disclosures below:
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