News Affecting Your Financial Life – July 2020 Issue

THINK TWICE ABOUT SPECULATIVE INVESTMENTS

As companies race to develop vaccines and drug therapies that could help end the COVID-19 pandemic, news reports on successful or failed trials affect individual stock prices and can trigger wide swings in the broader market. You should think twice before making investment decisions driven by hopes and fears. Read More >

USE APPROPRIATE PERFORMANCE BENCHMARKS

Do you find yourself glued to daily market movements? Before making any decisions, be sure you understand how this data relates—or not—to your individual portfolio. If you have a well-diversified portfolio that includes multiple asset classes, be sure to compare its performance to relevant benchmarks, not daily news cycles. Read More >

RETIREE CONFIDENCE DROPS: ARE YOU WORRIED?

In January, 69% of workers expressed confidence in their ability to live comfortably during retirement, compared with 67% in 2019. In late March, the percentage dropped slightly to 63%. A closer look reveals vastly different perceptions about future retirement success among those who either had experienced or expected a negative change in their employment status. Read More >

BIASES CAN AFFECT INVESTMENT DECISIONS

When the market was in the midst of an 11-year bull run, you may have increased your investments in equities. By contrast, if you were recently burned by market performance, you may be hesitant about increasing your investments. Investment decisions should be based on your individual goals, time horizon, and risk tolerance. Read More >

IF THESE OR OTHER TOPICS ARE ON YOUR MIND, CONTACT US TODAY. FAIRMAN GROUP HAS A TEAM OF EXPERIENCED, CREDENTIALED PROFESSIONALS READY TO HELP.