It’s been a while since we last discussed Bitcoin on the Stone Pine blog. However, we’ve received a steady increase in the amount of questions regarding the cryptocurrency, particularly so in the last few months. No one can deny that Bitcoin has become quite popular, and while we don’t recommend cryptocurrencies as an investment, it is worth…
The year 2020 proved to be one of the most tumultuous in modern history, marked by a number of developments that were historically unprecedented. But the year also demonstrated the resilience of people, institutions, and financial markets.Here we present you with the 2020 Market Review. We encourage you to not only look at the short term market but to step…
Late last night President Trump signed the new stimulus bill, which is part of a larger federal funding bill, into law. While this bill is over 5000 pages in length we’ve synthesized some of the major points that are pertinent to retirees, investors, and small business owners. STIMULUS CHECKS With similar rules as the CARES Act stimulus…
Early retirement is an aspiration many of us have during our working years. For those who’ve been diligent savers and have managed to accumulate a significant nest egg in their early 60s or even before, early retirement may be in reach, congratulations! The joy of this great accomplishment can often be shattered by the sobering realization that…
The third quarter of 2020 has surprised many investors. Back in March, very few people would have imagined the US market would hit new highs in the month of September - while we are still in the midst of a global pandemic. This is a good example of the difficulty to accurately predict future markets based on current…
The volatility of the current state of the economy and stock market, in conjunction with 2020 being a presidential election year, has many folks wondering where their portfolio stands if the election goes red or blue? Of course, what happens to the stock market is not as simple as accurately predicting what happens on November 3rd. In fact, who…
There’s a whole lot going on in the world today. While no crystal ball exists to tell us how the future will play out, we don’t need to panic, rather, we need to plan. We like to think of this as making some lemonade out of lemons. Here are 5 things to consider which will help you…
The first quarter of 2020 started with record stock market highs and then a steep decline due to the worldwide COVID-19 pandemic. While the US and international stock markets are down sharply for the quarter, both the domestic and global bond markets are up from the beginning of the year. For those near, or in retirement, the…
We get it, it's natural and justified to be worried about the coronavirus (COVID-19). As the virus spreads around the world, still much is not known, including the severity in the U.S. Bonds It’s important to remember that most people have an allocation to both stocks and bonds. Bonds have been a common complaint from people over the…
THE FACTS The coronavirus has been making news headlines not only for its severity and rapid spread, but also for triggering volatility in global stock markets. While 2020 gains may be fluctuating at the moment, China’s prompt and internationally coordinated response to the coronavirus may offer some reassurance that the economic (and human!) effects can be limited.…