Advisors

Investors saw it all in 2021. Next year promises a little more upside, according to two top strategists. “Aside from the latest variant, and Covid in general, the underlying economy is quite strong,” Stephanie Link, chief investment strategist and portfolio manager at Hightower, said during CNBC’s Financial Advisor Summit Wednesday. “You have above-trend inflation, not runaway inflation,” she told
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Inflation is too high and the central bank needs to move quicker to get it under control by raising interest rates, said Gilbert Garcia, a managing partner at Garcia Hamilton & Associates in Houston. “I wished we’d retire the word ‘transitory,'” Garcia said, at the CNBC Financial Advisor Summit on Wednesday, speaking of predictions that
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Fizkes | Getty Images Another year of grappling with coronavirus has led to significant tax law changes for the 2021 season. While year-end tax planning is always important, recent adjustments — and the possibility of more on the horizon — may offer unique benefits along with potential pitfalls. Here are some of the biggest changes
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Camille Tokerud Photography Inc. | Stone | Getty Images Your elderly mother is getting forgetful and confused. What do you do now? “Waiting until a senior’s decline is evident may already be too late,” said certified financial planner Ralph Bender, founder of Enduring Wealth Advisors in Temecula, California. When is the right time for adult
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Simon Smith | E+ | Getty Images With U.S. markets slipping on Friday amid fears of a new Covid variant, you may be tempted to take some money off the table. The Dow Jones Industrial Average is down 900 points for the day, or 2.5%. The S&P 500, meanwhile, has slid 1.8%.  However, while selling
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katleho Seisa Despite the biggest cost-of-living adjustment in decades, Social Security beneficiaries may still find it challenging to make their monthly checks stretch farther next year. The reasons: Inflation is continuing to drive up consumer prices, while standard Medicare Part B premiums will rise by 14.5% in 2022 in a bigger-than-expected jump. The Consumer Price
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Peter Cade | Getty Images As the holidays approach, philanthropic investors may be eyeing year-end gifts to their favorite charity. However, there are several options to consider with varying tax benefits, according to top advisors. Nearly 90% of wealthy families gave to charity in 2020, according to a study on philanthropy from Bank of America,
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milanvirijevic Are financial crises occurring more frequently? There were nearly four decades between the crash of 1929 and the bear market of 1968. Fast-forward to the 21st century — only 20 years passed between three financial crises: the 2001 dot-com crash, the 2008 global financial crisis and in 2020, the Covid-19 pandemic’s economic recession. What
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