The Coronavirus Aid, Relief and Economic Security (CARES) Act has been signed into law. It is the largest stimulus package in United States history and will have significant impact on the economy. The bill’s purpose is to provide relief for those impacted by the coronavirus and the economic downturn. This
Kevin McNab discusses the challenges facing wealth management advisors in the Era of Coronavirus with nationally recognized advisors across the country. Like many organizations, McNab notes that working with two different fears — the health fear and the economic fear — has made this situation difficult. However, he subscribes to
While fear grips investors in a declining market, it is important to take a long-term approach and learn from past bear markets.
The end of the longest bull market in history came to a screeching halt with the quickest correction followed by bear market in history. Many investors were caught off guard. Prior to a bear market, investors should: Have defined financial goals Have a diversified asset allocation according to risk tolerance
Irrational exuberance is a state of mania when stocks increase regardless of deteriorating fundamentals or uncertainty. When this happens, greed, overconfidence, and fear of missing out takes over the mind of investors. In this ColoradoBiz Magazine article, Kevin McNab explores how investors can guard against an inevitable drop in the
Denver Business Journal Leadership Trust is an Invitation-Only Community for Top Business Decision Makers in the Denver Region [Westminster, Colorado (February 4, 2020)] – Kevin McNab, President of ACE Wealth Partners LLC, has been invited to join Denver Business Journal Leadership Trust, an exclusive community for influential business leaders, executives
This is a really thoughtful article in ColoradoBiz Magazine. In the middle of the longest bull market in history, cable news pundits warn of an impending recession. Why has this bull market persisted for over ten years? Perhaps this bull market will continue as long as the economy takes a
As Americans were getting ready for the holidays and Congress was in the midst of a partisan impeachment battle, lawmakers stunningly came together to pass the SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019). The SECURE Act appeared to be derailed last fall but passed the
We all lead busy lives. Watch our 2019 annual market recap to stay on top of your investments. The stock market started the year clawing back after a near bear market the year before. As stocks rebounded, the momentum continued through December. The stock market continued to rise in the first
A 401(k) for your small business will benefit your future, retain employees, and save money in taxes. Whether you have three employees or fifty employees, ACE Wealth Partners can help you set up an affordable 401(k) which will rival fortune 500 companies. Contact ACE Wealth Partners to take your business
“And the sun took a step back, the leaves lulled themselves to sleep and autumn was awakened.” – Raquel Franco The S&P 500 Index just finished its most prolific first nine months of a year (+20.6%) since 1997. This is on the heels of a near bear market loss of
A standing ovation to our investors who did not panic leading up to last Christmas Eve. Being a disciplined investor with a strategic allocation while investing with a purpose led to a significant increase in your portfolio during the first six months of 2019. At the end of last year,
As the first bear market in over 10 years created losses and frightened investors at the end of 2018, equity markets rebounded quickly in the first quarter of 2019. This was a textbook lesson for investors to reflect on the history of the markets and understand the care taken by
With recent Tweets, President Trump started a firestorm from the scientific community explaining the difference between climate change and weather. In this ColoradoBiz Magazine article, Kevin McNab explains how climate change, weather, and investing are similar. On Jan. 30, I got a text from my sister in Kalamazoo, Michigan. Stuck
TIAA Traditional was the original investment offered by TIAA when it was founded in 1918 as a retirement provider for teachers and professors. While TIAA has evolved into an enormous financial services company, participants in TIAA’s retirement plan still love the guaranteed rate and safety offered by TIAA Traditional…and, they