The Week Ahead: July 26, 2021: Market Update, Investment and Portfolio Month, COVID-19 update, all this and more in The Week Ahead!

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CURRENT STATE OF THE MARKET

Weekly Market Commentary 07.26.2021
Economy Reacts to Recent Upward Trends in COVID Cases, Unemployment Claims, and Stocks
Published by The Carson Group, LLC
The more contagious Delta variant has contributed to a 172% increase in U.S. COVID-19 cases over the last two weeks. The spike is raising concerns some social distancing measures may be reenacted. Initial jobless claims are increasing. Last week claims jumped above 400,000 after staying below that threshold for several weeks….Read More

DO YOU HAVE CHILDREN OR GRANDCHILDREN PREPARING TO GO TO COLLEGE?

 

How Will You Fund Your Child Going To College?

Checklist Provided by Taylor Financial Group
(Review These Items 2-3 Years Before Your Child Leaves For College)
Preparing For Your Child To Go To College
Checklist Provided by Taylor Financial Group
(Review These Items 2-3 Months Before Your Child Leaves For College)

JULY IS INVESTING AND PORTFOLIO MONTH (NEW)

Is a Cash Windfall in Your Future?
Provided by Taylor Financial Group
Complacency is no longer an option when you look at a check with several commas and realize that depositing it into an existing checking or savings account must be a temporary measure only. The opportunity cost on such a large amount of money earning zero or low interest could amount to hundreds of dollars per day, leading to the urgent question “What shall I do with this?”….Read More
10 Facts You Must Know about Recessions
Kiplingers Article Provided by Taylor Financial Group, LLC
It’s official. The Pandemic Recession that began in February 2020 ended in April of last year, according to the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER), which is the arbiter of these things. Although it was the shortest downturn in U.S. history, the economy is still recovering from the nearly 21 million jobs that were lost during the slump…..Read More

GOLF CLINIC DAYS WITH TAYLOR FINANCIAL GROUP

Each Golf Clinic is assigned on a first-come-first-serve basis so RSVP ASAP! And don’t forget Happy Hour (Or some extra holes after the clinic – up to you!)
Wednesday, August 4th, 8:45 – 9:45 am (Driving Range)
Wednesday, August 11th, 5:00 – 6:00 pm (Putting)
E-mail AnnMarie at aboccia@taylorfinancialgroup.com to reserve your Wednesday Clinic Tee Time with Rob, Debbie, or the team!

ARE YOU RECEIVING THE MONTHLY CHILD TAX CREDIT PAYMENTS? (ICYMI)

young-family-portrait.jpg
What to Consider if You Receive the Monthly Child Tax Credit Payments
Carson Article provided by Taylor Financial Group
The monthly distribution was a change that came with the American Rescue Plan earlier this year – which also raises the credit to $3,600 for each child under 6 and $3,000 for children ages 6 to 17. The credit was $2,000 for each child in 2020. However, rather than receiving the $3,600 or $3,000 as part of your annual tax filing, most Americans will receive monthly payments of $300 each month between now and the end of the year, totaling $1,800. You will then receive the rest of the tax credit as part of your annual filing…Read More
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