The Week Ahead: August 2: Market Update, Mid-Year Checkup, College Funding Month, COVID-19 update, all this and more in The Week Ahead!

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CURRENT STATE OF THE MARKET

Weekly Market Commentary 08.2.2021
Market Commentary: Supply Chain Issues Negatively Affected GDP and Housing in Q2, June
Published by The Carson Group, LLC

Supply chain issues continued to constrain economic growth and housing. U.S. GDP grew 6.5% in the second quarter, falling 2.0% short of expectations. Strong consumer demand created a surge in purchases. Production didn’t match demand, and the corresponding drop in inventories robbed more than 1% of GDP growth. Housing demand slowed as well last month. Shortages of appliances along with higher interest rates and prices are pressuring demand for housing…Read More

 

MARKET MINUTE WITH DEBRA TAYLOR: THE CHILD CARE TAX CREDIT AND WHAT IT MEANS TO YOUR FAMILY

On Monday, July 26th Debra Taylor spoke about the child care tax care credit update and what you need to know..Watch Now

 

AUGUST IS COLLEGE FUNDING MONTH

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FAFSA: Do it Soon, Do it Right
Article Provided by Taylor Financial Group

The FAFSA, which stands for the Free Application For Federal Student Aid, is the government application that millions and millions of parents fill out every year in order to qualify for federal and state college aid. The FAFSA gives families access to aid like federal parent and student loans and the Pell Grant, which is the major grant for middle- to lower-income families. There are also some minor grants from the federal government, for instance, for students who want to be a teacher in certain high-need subjects, or if a parent was killed in the Middle East conflict….Read More

 

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6 Factors That Predict a Student’s College Success
Article Provided by Taylor Financial Group, LLC
With some schools now costing more than $300,000 for a single bachelor’s degree, it’s incredibly easy to overspend and think such an expenditure is absolutely essential. And this just isn’t true, even for the most highly ranked schools such as the Ivy League institutions and such vaunted institutions as Massachusetts Institute of Technology, Stanford University, and Duke University, which is now just a few hundred dollars shy of $80,000 for one year!…Read More

COVID-19 HEALTH AND WELLNESS

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Vaccinated and Confused? Answers About Masks, the Delta Variant and Breakthrough Infections

The New York Times Article Provided by Taylor Financial Group

Vaccines protect against the variants, but conflicting advice from health authorities about masks has bewildered a worried public.
The World Health Organization wants everybody to wear masks, but the U.S. Centers for Disease Control and Prevention says vaccinated people often don’t need to wear them. So who do we listen to? Virus experts and epidemiologists also offer mixed advice, but largely agree on one point: Whether a fully vaccinated person needs to wear a mask really depends on the circumstances and what’s happening in your community…Read More
See How the Vaccine Rollout Is Going in Your County and State
The Centers for Disease Control and Prevention said on Friday, July 30th that about 190.5 million people have received at least one dose of a Covid-19 vaccine, including about 162.4 million people who have been fully vaccinated by Johnson & Johnson’s single-dose vaccine or the two-dose series made by Pfizer-BioNTech and Moderna.

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RECENT POSTS

Weekly Update: May 16: Are you focused on the long term?

By Debra Taylor, CPA/PFS, JD, CDFA™   Dear Friends, With the S&P 500 Index in correction territory (down more than 10% from the previous peak) investor anxiety levels are understandably elevated. The market faces a number of threats, including inflation, a hawkish Federal Reserve, …

Paying for Health Care in Retirement

By Ryan Yamada, Senior Wealth Planner    When putting away for retirement, we often dream about all the things we’ll be able to do with that money – traveling, going out to eat, maybe trying new hobbies. 
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