Some taxpayers are feeling a little battle-weary after filing their 2018 returns.
People are shell-shocked. Either they got less of a refund than they expected, or they've been hit with a surprise tax bill because they didn't adjust their withholdings to account for changes to the tax code.
We are writing to help clarify the changes in the rules for deducting qualified residential interest, i.e., interest on your home mortgage, under the Tax Cuts and Jobs Act (the Act).
Muster Drill
The 4th quarter of 2018 saw the stock market decline by the most since 2011. We have been anticipating this correction for quite some time as the S&P 500 declines by 20% every 2 ½ - 3 years and it has been 7 years since investors have witnessed a bear market. We believe the cause of the decline was a combination of the markets fear of interest rates rising too
December 19, 2018
Bond&Devick Investment Committee Meeting Notes
As we near year-end, peoples' inboxes and mailboxes become full of requests for donations. Here is a good article to help reduce these solicitations.
Our investment committee meets quarterly with our next meeting scheduled for next week, we will have a jam-packed agenda! We know many clients are wondering what is causing the recent bout of anxiety in the stock market. Below are a couple of items getting investors and our attention lately:
If you’ve spent more than five minutes on a kid’s television network, you’ve seen just how inundated young kids are with commercials for everything from the latest gadget, to some dreadful snack that features something gooey and/or messy. It’s also safe to bet that many of these kids run to their parents, wanting to buy some or all of these items.
Bond&Devick Wealth Partners Signatory of PRI – Principles of Responsible Investing
Typically, over the long-term, diversification provides investors with upside potential in addition to giving portfolios protection against sudden, large losses. Over the short-term, some investors become impatient and wonder why they hold certain assets in their portfolio, especially when one asset class is significantly outperforming others. This was certainly the case in the late
© 2020 Bond & Devick Wealth Partners. All rights reserved.
