20 Commerce Parkway
They say April showers bring May flowers. Well, after a lot of showers and storms over the past year, flowers are starting to bloom and things are looking a lot better.
It’s now been over a year since COVID-19 first hit American shores. While the pandemic has affected everyone to varying degrees, we can all agree that everyone’s life is different today than it was a year ago. It’s difficult to remember ....
2021 is under way, as our nation and the rest of the world look to begin to put the global pandemic behind us. The path forward for the US economy, as well as that of the global economy, will continue to depend heavily on the success of combatting the virus.
Happy New Year!
A new year offers a welcomed turn of the calendar and a fresh start. However, it’s difficult to put 2020 completely behind us just yet because the COVID-19 pandemic still presents a significant threat. Healthcare workers continue to perform heroically, while the rest of us ...
December 8, 2020
Dear Friends of Deacon Wealth,
As 2020 comes to a close, we are already looking forward to a new year—and to a world very different from the one we’re leaving behind. Areas of the economy have been ...
I’m writing a quick message to thank you all for being great clients and friends. We are now celebrating our first 10 years in business at Deacon Wealth Management.
Back to school this year will be different. On the one hand, like other years, it marks the end of summer, the arrival of cooler weather, kids hitting the books again, and Labor Day gatherings.
LPL Research has changed the format of how they present their “Mid-Year Outlook”, and has recently produced a pretty nice video. We have attached ...
Here we are, beginning the second half of 2020. To date, it has been a remarkable year. (That’s probably quite an understatement.)
What follows is a partial list of the challenges we have faced so far in the year 2020: the Coronavirus pandemic, business closures, an election year ...
June 30, 2020
Dear Valued Investor:
The July Fourth holiday will be very different this year. Although it’s a time to enjoy family and friends, and maybe even watch some fireworks, social distancing and a new wave of COVID-19 cases ....
As we look ahead to the summer months, we can’t help but think what a challenging year it’s been so far. At the same time, we’re encouraged by the resiliency and accelerated innovation among US businesses and the efforts by our national, state, and local governments to ...
May 21, 2020
“Never confuse a single defeat with a final defeat.” — F. Scott Fitzgerald
The economic struggles in our country are ....
Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression. The Great Recession. The Great Lockdown. Well, we’ve moved into what we might call ...
As the battle against the COVID-19 pandemic continues, how we respond to it will determine how we beat it. Continued sacrifices range from everyone in the medical community ....
These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery shown by.....
“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett
The battle with COVID-19 rages ...
Scammers, fraudsters, and other criminals are taking advantage of rapidly changing data and facts associated with COVID-19, both in the workplace and in our homes. Government agencies, corporations, and news outlets continue to warn individuals to be mindful of increased fraudulent...
I wanted to send out a quick note to everyone. The market movements we have been experiencing have been historical in nature. We are here for you.
Our office is ......
Fears over the spread of COVID-19 (coronavirus) have gripped the country and sent stocks in the US and around the world into bear markets. Thursday’s nearly 10% decline in the S&P 500 Index was one of its worst days in history and the largest one-day percent ...
Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost.
When we discuss inflation and retirement planning with clients, the discussion typically revolves around the detrimental effects of inflation on future expenses. Inflation has been one of the “facts of life” that we all have faced, and usually assume to be a bad thing.
What is retirement? We have a pretty simple definition. It is being able to do whatever you want to do, whenever you want to do it, and having the financial ability to do it.
Sounds pretty simple, right? It is basic. But, it is also the truth.
Retirement is the centerpiece of financial planning. Retirement represents freedom from engaging in activities that you must do, and allows the freedom to engage in activities that you want to do.
As I write this, on October 10, 2018, the Dow Jones Industrial Average is down 720 points, and the market has not closed for this session.
The reason I’m writing this missive is to let you all know that we are monitoring the market moves, and want to let you know our thoughts.
Today, we are celebrating the 8th anniversary of the opening of our practice on October 8, 2010!
We cannot thank you enough for the wonderful relationships that we enjoy with you all. Helping you is why we exist.
Deacon Wealth Management has recently entered our fifth year in business. Our sustained success is due directly to the tremendous support of our clients and the friends of Deacon Wealth Management. Thanks to all of you, our firm is expanding rapidly during these challenging economic times. We take helping you in the process of trying to meet and exceed your financial goals as an honor.
There are talking heads predicting 2013 market moves, setting prediction prices for commodities such as gold and oil, and in general, reading crystal balls for the general public’s consumption.
We have recently been engaged by a local historical society to manage investments to promote their long term goals. I guess that is what got me thinking a bit deeper with regard to historical perspectives on markets, communities, economies, etc.
There is only one fundamental rule of investing, buy low and sell high. As a financial advisor, I see many people do just the opposite when left to their own devices, and buy high and sell low.
I heard a song the other day by country music star Dierks Bentley called, “My Last Name”. The song is about having generations of a family carry on a lasting legacy of having a “good name”.
Real Estate is an important part of a well-rounded wealth planning process (remember our “Four Foundations”). There are several types of real estate investments.
Our lives and the freedom that we have in our lives are directly determined by the level of financial freedom we can create for ourselves. Financial freedom is created through steady cash flows, which are derived from stable wealth platforms.