Covenant News (October 2020 - March 2021)

Before you are quick to swipe or blow your stimulus cash on things that may deliver near-term gratification, think about the ways it could improve your total financial picture. 

The current bull market celebrates its one-year anniversary today from the March 23, 2020 lows. There is a lot of thought and reflection on how far we’ve come and where we could be going. 

The $1.9 trillion-dollar American Rescue Plan Act of 2021 (ARPA) was recently signed into law.

Ryan Detrick, Chief Market Strategist for LPL Research explains key items investors need to understand about the markets and economy.

We were expecting to see a pull back in the market and were encouraging investors to view this as an opportunity.

Fourth-quarter earnings season is in the home stretch and it’s been a good one.

According to Forbes, the annual list spotlights the nation’s top-performing advisors.

As you prepare to file your taxes, there are many tax strategies and important details to consider.

The recession appears to be behind us in the United States and the early stages of an economic expansion have been taking shape.

This preeminent award is presented to the top 0.6% of approximately 17,000 advisors nationwide, affiliated with LPL Financial. 

You may have heard the news last week about stock prices of certain companies suddenly ballooning and/or experiencing extreme price volatility.

Apple recently announced and is urging all Apple product users to update their devices to fix serious security flaws.

Ryan Detrick, Chief Market Strategist with LPL Research provided a timely and relevant presentation on the economic impacts of COVID-19, along with an Outlook for 2021.

While the focus has been on a second round of relief payments to most Americans, there is plenty more in the 5,000-plus pages of the stimulus package. 

The $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was recently signed into law.

Covenant Wealth Strategies condemns the violent actions at the US Capitol Building on Wednesday and hopes for healing in our nation’s political and societal divides.

The team at Covenant Wealth Strategies would like to wish you and your loved ones a very Merry Christmas and Happy Holidays!

If the word ‘estate’ brings to mind mansions, private islands and offshore bank accounts, we’d like to encourage you to think about it a little differently. 

As 2020 comes to a close, we are already looking forward to a new year—and to a world very different from the one we’re leaving behind.

 After 9 months into the pandemic, many are wondering - why are some items still so hard to find?

We will be collecting canned goods, pasta and cleaning supplies through December 15th.

In response to COVID-19, life insurance applications are steadily increasing. 

One of the many changes of the CARES Act impacted RMD in 2020. 

The role of a CDFA® advisor is to guide both the client and lawyer, and assist them with understanding how the financial decisions made today will impact the client’s financial future. 

As we shared last week, once the election is over and the outcome is determined - regardless of which party wins - the uncertainty surrounding the election will be eliminated and markets may be inclined to move higher. 

The outcome of the Presidential race and several key US Senate races are still unknown and yet to be officially announced.

While the results of this year’s ballot and the November economic outlook may seem intertwined, history provides instructive lessons on the key ways they are not — especially for individual investors.

Presidential elections always add extra factors to consider when investing.

Who wouldn’t want to achieve their goals earlier rather than later? Before plunging into a big decision, it’s important to consider your goals, time horizon and ask yourself a few key questions.

It is also a great time of year for a financial check-up to review six very important areas that make up your financial plan.