Why Market Timing Doesn’t Work
At the end of January, the stock market hit correction territory. This left many investors feeling vulnerable, emotional, and can lead to compulsive portfolio decisions. Investors first step is to have a financial plan with an asset allocation that is appropriate and stress tested. Investors can then invest with a
First Half 2021 Investment Outlook
Since the beginning of the year, ACE Wealth Partners put forward an optimistic outlook for the markets in 2021. The first half of the year offered a solid upward trend. Covid-19 vaccinations are quickly inoculating an increasing share of the global population and new cases have fallen significantly from January.
Q1 2021 Investment Outlook
In an early January article, ACE Wealth Partners put forward an optimistic outlook for the markets in 2021. Although the stock market was choppy and a little stubborn, the first quarter offered a solid upward trend. Covid-19 vaccinations are quickly inoculating an increasing share of the global population and new
MEME Stock Fear of Missing Out
With GameStop stock up over 100 percent yesterday, “meme” stocks are back in the news. These returns are based on pure speculation driven by social media without company news or fundamentals. For investors, this creates excitement, anxiety, and fear of missing out (fomo). What should investors do? There are plenty
2020: A Year in Review and a Look Ahead
2020: A Year in Review The United States roared into 2020 with a great economy and low unemployment. The stock market started to show downward volatility the second half of February as whispers of a disease impacting China spooked the markets. The momentum of the economy and markets came to
Looking Forward to a Great 2021!
Remember how 2020 was going to be everyone’s “Big Year”? We forged ahead through uncertain times. The stock market crashed and recovered while not fully reflecting the mental anguish and economic struggles many Americans are going through. It is time for a new year and a better journey. It is
Kevin McNab and ACE Wealth Partners Featured by Business Journals Leadership Trust
Denver Business Journals Leadership Trust features Kevin McNab and ACE Wealth Partners in this segment. Kevin McNab talks about what makes ACE Wealth Partners unique from other firms along with discussing our amazing clients.
15 Smart, Professional Ways To Reconnect In a Time of Crisis
In this article, Kevin McNab weighs in with leaders in the Denver business community about smart, professional ways to connect in times of crisis. Sometimes it takes moments of great personal and professional difficulty to see how strong your network is. You lean on your contacts for advice, industry information
Chop Wood and Carry Water to Build Prosperity
In this Denver Business Journal article, Kevin McNab explains how a story his grandpa used to tell him about working hard over time to achieve success relates to building prosperity. My grandpa was a wise man. As I was growing up, he used to tell me stories. I didn’t always
Don’t Get Caught Watching the Paint Dry
In this Denver Business Journal article, Kevin McNab explains why business owners must pivot, run the picket fence, and don’t get caught letting the paint dry in the age of Covid-19. This is not the 2020 we envisioned when the ball dropped and corks popped at the beginning of this
Covid 19: Accessing Retirement Accounts
With Americans hurting and the unemployment rate at the highest in decades, Kevin McNab explains additional flexibility to take distributions from retirement accounts provided through the CARES Act in this ColoradoBiz Magazine article. Americans entered the year with a great economy, low unemployment, and anticipation of continued economic success. The
Row the Boat to Build Wealth
We all wish we had a speed boat to build wealth, but building wealth takes time. In this ColoradoBiz Magazine article, Kevin McNab explores how previous Western Michigan Football coach’s mantra “row the boat” relates to building wealth. In December 2012, Western Michigan University announced the hiring of P.J. Fleck
A Lesson in Building Wealth From ‘The Three Little Pigs’
With emotion and fear still prevalent, investors are questioning portfolio decisions leading up to the current bear market. In this Denver Business Journal article, Kevin McNab explains how The Three Little Pigs provide a lesson in building wealth. The stock market entered the year riding the longest bull market in history.
Analyzing Fear, Hope, and the Stock Market
Every recession is different. The feeling people have of being overwhelmed by the circumstances surrounding the situation is the same. We know that there will be a vaccine to Covid-19 and the economy will recover. America is resilient. In this ColoradoBiz Magazine article, Kevin McNab explores fear, hope, and the