by Kristine McKinley | Mar 20, 2020 | Uncategorized
We sent the following letter out to clients and friends of Beacon Financial Advisors today… Market Update: Making Lemonade Out of Lemons A lot has changed since I emailed a couple of weeks ago. I’m sure you have been bombarded by news, articles, etc., so below...
by Kristine McKinley | Feb 29, 2020 | Uncategorized
This has been a crazy week in the stock market (and in news in general), so I wanted to check in with you and see how you are doing. The news has been dominated by the outbreak of the Coronavirus the last few weeks. At first, the stock market brushed off...
by Kristine McKinley | Oct 20, 2018 | Taxes
Some alterations to the Internal Revenue Code were less publicized than others. Late last year, federal tax laws underwent sweeping changes. Nearly a year later, you can be forgiven for not keeping up with them all. Here is a look at some important (yet...
by Kristine McKinley | Oct 13, 2018 | Economy, Uncategorized
News by the Numbers Five noteworthy figures from the previous week 4.19% How much the Dow Industrials lost last week. After big plunges Wednesday and Thursday, Friday saw a rally for the index: the blue chips gained 287.16. Across the previous two days, the Dow slid...
by Kristine McKinley | Feb 6, 2018 | Uncategorized
Happy Tuesday. I just wanted to check in with you briefly and give you my thoughts on the stock market. As you are probably aware, the stock market has been very volatile in 2018 (and especially the last few days), with extreme moves to both the upside and downside....
by Kristine McKinley | Jan 13, 2018 | Uncategorized
The magic number for most people to retire is age 65. However, some people will retire before then, whether by choice or by chance. If you will be retiring before “normal retirement age”, you may face many challenges, such as how to tap into your assets, the...
by Kristine McKinley | Dec 28, 2017 | Taxes
Many people will no longer be able to itemize under the new Tax Cuts and Jobs Act, which means that charitable donations won’t be as valuable from a tax perspective. Here are some ways to maximize your charitable giving and still receive some tax benefit: 1....
by Kristine McKinley | Dec 22, 2017 | Taxes
The Tax Cut and Jobs Act of 2017 was passed by Congress earlier this week and signed by President Trump this morning. Since 2017 is winding up, I wanted to pass along a quick summary of the tax bill. If you are one of the many Americans who will no longer be itemizing...
by Kristine McKinley | Sep 12, 2017 | Personal Finance
By now, most of you have heard about the Equifax data breach. It is estimated that 143 million Americans were affected by this data breach so even if you weren’t affected, chances are you know someone who was. Equifax has a tool on their website that allows you...
by Kristine McKinley | Feb 11, 2016 | Investing, Personal Finance
“Don’t panic.” “Don’t sell at the bottom.” “Don’t try to time the market.” You’re used to being told what you shouldn’t do when the market is falling. Today I’d like to talk about the right...
