Here are some highlights from last week’s market activity and events around our community you may enjoy reading about. We have also included some educational resources to help you live your best financial life. We remain committed to helping you navigate the ever-changing investment environment.
The following highlights should not be viewed as a recommendation, nor is this a notification of an impending change in asset allocation. For more information, please contact your advisor with any questions.
MARKETS & OFFICE CLOSURES:
Tuesday, December 20th - MWM office closing early for our annual staff holiday gathering
Tuesday, December 24th - MWM office closed and market to close early
Wednesday, December 25th - MWM office and markets closed
Source: Broadridge Investor Communication Solutions, Inc.
Source: Broadridge Investor Communication Solutions, Inc.
Charitable Gift Securities
It is advisable to do this prior to December 1st.
There is no guarantee gifts of securities will be processed in time if done late in December.
Required Minimum Distributions
RMD's are due before December 31st.
Trades need to be placed prior to December 20th.
Due before December 20th.
MWM will be making weekly contributions this holiday season to organizations serving critical needs in our communities. This is our way of honoring our clients who have trusted us to help them meet their financial goals.
This week we chose to contribute to the PORTLAND HOMELESS FAMILY SOLUTIONS. This organization helps families experiencing homelessness and the threat of homelessness through prevention, emergency support, shelter, and through teaching skills to parents that help them get and keep permanent housing.
"Portland Homeless Family Solutions empowers homeless families with children to get back into housing and to stay there long-term. With your support, PHFS helps over 150 homeless families with children get back into permanent housing each year."
The photo included was from a partnership program with the Oregon Symphony, where mothers in PHFS programs wrote and recorded lullabies for their children with a live orchestra.
Judith was an invited guest to the Barron’s Women Summit, Dec. 4-6 at The Breakers in Palm Beach, Florida. A few advisors were inducted in the Barron’s Hall of Fame, an honor she shared with Raymond James Advisor Margaret Starner. Topics were varied but included Practice Management, China: Trade and Tariffs, Macro Risks and Opportunities in Today’s Market, Matters of Family Governance, Technology and health related topics including a deep review of sleep. The final keynote speaker address the state of the U.S. Economy.
Linette and Jennifer participated in the Advanced Planners Study Group in Vail, CO last week. Speaker, Jane Henshaw’s Topic 100 is the New 80: The New Frontier. She discussed the challenges of living to a century or more, brain science, the human machine and personal well-being. Soon Americans over the age of 65 will outnumber those under the age of 18. The good news is “middle age” is now considered 65. However, that is a double edged sword as we plan for our retirement. While the human brain peak is age 18 cognitively, crystallized intelligence and financial capability peak at middle age. As we age, we typically lose our financial capacity first.
Ms. Henshaw discussed how we can stimulate the brain and even manipulate which part of the brain (feeling or frontal cortex) we use in making decisions. She discussed Muse, a headband that helps you meditate and provides bio feedback. Working different parts of our brains as we age is an important part of keeping us cognitively fit. Do more crossword puzzles, play cards, try something new.
These highlights should not be viewed as a recommendation, nor is this a notification of an impending change in asset allocation. For more information, please contact your advisor with any questions. Opinions expressed in the attached article are those of Judith McGee and are not necessarily those of Raymond James. All opinions are as of this date and are subject to change without notice.
The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. This material is being provided for information purposes only and is not a complete description, nor is it a recommendation. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of McGee Wealth Management and not necessarily those of Raymond James. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. . Investing involves risk and you may incur a profit or loss regardless of strategy selected. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. The Dow Jones Industrial Average (DJIA), commonly known as “The Dow” is an index representing 30 stock of companies maintained and reviewed by the editors of the Wall Street Journal. The NASDAQ composite is an unmanaged index of securities traded on the NASDAQ system. The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, which represent approximately 8% of the total market capitalization of the Russell 3000 Index. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance does not guarantee future results. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Asset allocation and diversification do not ensure a profit or guarantee against loss.
Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any websites users and/or members.
Raymond James is not affiliated with any of the above listed organizations.
Barron's Hall of Fame Award, 2019. Barron's is a registered trademark of Dow Jones & Company, L.P. All rights reserved. "Barron's Hall of Fame" is an award honoring a group of advisors who exemplify long-term success and commitment to their clients. Each member of the Hall of Fame has appeared in 10 or more of Barron's annual Top 100 Advisor rankings, and their long-looking commitment to excellence is a hopeful example for the industry to follow. The Top 100 Advisor rankings are based on data provided by individual advisors and their firms and include qualitative and quantitative criteria. Data points that relate to quality of practice include professionals with a minimum of 7 years financial services experience, acceptable compliance records (no criminal U4 issues), client retention reports, charitable and philanthropic work, quality of practice, designations held, offering services beyond investments offered including estates and trusts, and more. Financial Advisors are quantitatively rated based on varying types of revenues produced and assets under management by the financial professional, with weightings associated for each. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients' risk tolerance than by an advisor's investment picking abilities. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisor's future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Barron's is not affiliated with Raymond James.
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through McGee Wealth Management, Inc. McGee Wealth Management, Inc. is not a registered broker/dealer, and is independent of Raymond James Financial Services.
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