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Weekly Market Updates – May 2020

Presented by Matt Glova and the LifeTime Asset Management team: May 26, 2020 The 10-year Treasury yield opened at 0.65 percent on Monday morning before bouncing up to 0.70 percent. The 10-year traded between 0.59 percent and 0.75 percent last week. The 30-year opened at 1.42 percent, and the 2-year opened at 0.18 percent—both higher [...]

2020-06-11T18:45:34+00:00May 26th, 2020|

Honoring Memorial Day 2020 | Office closed 5/22 and 5/25

Memorial Day is a solemn day of remembrance, as we honor those who died serving in the American armed forces. Originally known as Decoration Day, the tradition started after the Civil War, gained a strong following after WWII, and was officially named Memorial Day in 1967. In 1968, Congress passed the Uniform Holiday Act, designating [...]

2020-06-11T18:45:34+00:00May 21st, 2020|

Coronavirus Affects Federal, State, and Local Deadlines

Federal, state, and local governments have extended a number of deadlines amid the coronavirus pandemic. Here are just a few of the deadlines that have been affected. Federal and state income taxes The IRS has postponed the due date for filing federal income tax returns and making tax payments from April 15, 2020, to July [...]

2020-06-11T18:45:34+00:00May 19th, 2020|

Market Update for the Month Ending April 30, 2020

Presented by Matthew Glova Markets rebound in April Equity markets saw a swift recovery in April, as progress toward slowing the spread of the coronavirus gave investors hope. The S&P 500 rose by 12.82 percent, marking the best monthly gain since 1987. The Dow Jones Industrial Average (DJIA) gained 11.22 percent, and the Nasdaq Composite [...]

2020-06-11T18:45:34+00:00May 7th, 2020|

Small Businesses Eligible for Numerous Relief Programs During COVID-19 Crisis

Throughout March 2020, as it became increasingly evident that the economic impact from the COVID-19 pandemic would be both profound and prolonged, Congress passed several pieces of legislation with provisions to help small businesses shore up their coffers and keep employees on the payroll. Within a few weeks, initial funding for the two cornerstone programs, [...]

2020-06-11T18:45:34+00:00May 1st, 2020|

Weekly Market Update – April 28th

Weekly Market Update, Presented by Matthew Glova: The rates market experienced some volatility last week, but it ended the week only slightly below where it started. The 10-year Treasury yield dropped from 0.65 percent to 0.53 percent last week and opened at 0.62 percent on Monday. The 30-year was as high as 1.41 percent about [...]

2020-06-11T18:45:34+00:00April 28th, 2020|

Financial Advisor Support for LGBTQ Community in the Triangle

On Saturday, June 24th, LifeTime Asset Management sponsored the first Triangle Expo for LGBTQ Aging Adults. The event was organized by the LGBT Center of Raleigh and was a huge success—with over 40 exhibitors and hundreds of attendees. LifeTime Asset Management Wealth Consultant Lorraine Johnson presented a workshop, “Ask a Financial Advisor”. As a group, [...]

2018-08-02T17:19:41+00:00July 25th, 2018|

In Memory of Phil

Food pantries are an incredible community resource. That’s why Phil Arbolino was passionate about supporting the Community Food Cupboard in his Manchester, Vermont community. The LifeTime Asset Management team got to know Phil in 2016, when he retired from financial planning and merged his firm with LTAM. Afterward, Phil became a client and a friend. [...]

2018-07-21T20:33:48+00:00July 19th, 2018|

LTAM CEO Honored in Triangle 40 Under 40

LifeTime Asset Management CEO Matt Glova has been recognized with the Triangle Business Journal’s 2018 40 Under 40 Award. The 40 Under 40 awards recognize outstanding professionals under the age of 40 for their contributions to their organizations and to the community. Six judges from the local business community and TBJ leaders pored over about [...]

2018-07-21T20:31:30+00:00July 17th, 2018|