From the team at LifeTime Tax Management. With year-end approaching, this is the time of year we suggest possible year-end tax strategies for our clients. But since there has never been a year quite like 2020, we think it is safe to say that year-end tax planning is going to be the trickiest in recent [...]
Presented by Matt Glova and the team at LifeTime Asset Management More tricks than treats for markets in October October was a challenging month for markets. The strong start to the month was offset by rising COVID-19 case counts, which led to a sell-off at month-end. The S&P 500 lost 2.66 percent in October, while [...]
Lorraine Johnson, Wealth Consultant with LifeTime Asset Management, has been reappointed to the Supplemental Retirement Board of Trustees. The board is responsible for governing the NC 401(k)/457 Plans and the NC 403(b) Program. Lorraine was originally appointed to the board by Governor Roy Cooper in June 2018. The team at LifeTime Asset Management is proud [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, October 26, 2020 We finished the week with Friday’s release of the September retail sales report. Sales impressed, rising by 1.9 percent against calls for a more modest 0.8 percent increase. This marks the best month of sales since June and signals [...]
Presented by Matt Glova and the team at LifeTime Asset Management Click here to download this report. A positive quarter for markets, despite choppy September Markets dropped early in September before partially recovering throughout the rest of the month. The S&P 500 fell by 3.80 percent during the month, while the Dow Jones Industrial Average [...]
Presented by Matt Glova and the LifeTime Asset Management team: Weekly Market Update, September 28, 2020 The 10-year Treasury yield (along with the rest of the Treasury curve) stayed within the range it’s been in for the past couple of weeks. It opened at 0.67 percent on Monday after spending most of last week at [...]
Presented by Matthew Glova August was another strong month for financial markets. The S&P 500 and Nasdaq Composite both set all-time highs, gaining 7.19 percent and 9.70 percent, respectively. The Dow Jones Industrial Average (DJIA), which has been slower to recover from pandemic induced volatility earlier in the year, gained a strong 7.92 percent. This [...]
Presented by Matt Glova and the LifeTime Asset Management team: August 31, 2020 The 10-year Treasury yield reached 0.78 percent late last week, rebounding from a low of 0.62 percent only a few days earlier. It opened at 0.73 percent on Monday morning. The 30-year jumped from 1.32 percent to 1.57 percent, opening Monday at [...]
If you receive calls, emails, or other communications offering COVID-19 related grants or stimulus payments in exchange for personal financial information, or an advance fee, or charge of any kind, including the purchase of gift cards, please do not respond. These are scams! Many of these scammers claim to be from the Treasury Department. If [...]
We received an invaluable gift from one of our clients last quarter––masks! LTAM client Dee Dee Triplett sewed a number of masks for our LTAM office. Dee Dee crafted and sent these masks before mask patterns were widely available–for many of us at LTAM, these were the first and only masks we had for weeks. [...]
