Your Weekly News and Updates March 29, 2021

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JUST A REMINDER OUR OFFICE AND THE MARKET WILL BE CLOSED THIS FRIDAY APRIL 2ND IN OBSERVANCE OF GOOD FRIDAY!

MARCH MADNESS 2021 FINAL FOUR FACTORS FOR STOCKS (NEW)

 

WELCOME TREVOR OUR NEW DIRECTOR OF OPERATIONS!

 

Trevor Hodges
Director of Operations
Trevor brings 15 years of experience in investments and operations to TFG! We are so excited to welcome him to our team and we are looking forward to our clients working with him and getting to know him.
Trevor graduated from Marist College with a degree in Business Administration and a Minor in Psychology. He plans to complete his MBA from the Rutgers Business School in August 2021. Trevor lives in Cranford, NJ, with his wife and two children. In his free time, Trevor enjoys spending time with his family and friends, as well as playing golf.

CURRENT STATE OF THE MARKET

Weekly Market Commentary 03.29.2021
Personal Income Fell in February, Stimulus Clouds Underlying Economic Health
Published by The Carson Group, LLC
Slow improvement in economic data is being masked by the surging nature of government support. The gush of personal income growth in January was followed by a 7.1% decline in February. March will likely surge again with the latest round of stimulus. Employee compensation, which excludes government payments, was flat last month and has increased 0.2% over the last year…..Read More

SECOND QUARTER OUTLOOK (NEW)

 

2021 Second Quarter Outlook
Cetera Resource provided by Taylor Financial Group, LLC
More stimulus checks as economies open could provide a tailwind for Q2 economy, but does inflation loom?…. Read More

TAX DEADLINE POSTPONED (NEW)

Due Date for Federal Income Tax Returns and Payments Postponed to May 17
Resource Provided by Taylor Financial Group, LLC
Due to the unusual conditions related to the coronavirus pandemic, the due date for individuals to file 2020 federal income tax returns and make tax payments has been postponed by the IRS from Thursday, April 15, 2021, to Monday, May 17, 2021. No interest, penalties, or additions to tax will be incurred by taxpayers during this approximately one-month relief period for any return or payment postponed under this relief provision… Read More

MARCH IS IRA MONTH! DO YOU HAVE A PLAN TO MAKE YOUR 2020 AND 2021 IRA CONTRIBUTIONS? (NEW)

Fund Your IRA, Cut Your Taxes
Kiplinger Article Provided by Taylor Financial Group, LLC
As you get ready to tackle your 2020 tax return, make sure you haven’t overlooked one of the best ways to cut your tax bill and secure your future — funding a traditional IRA. (There is no upfront tax break for funding a Roth IRA.)….Read More
Roth IRAs… The Ultimate College Savings Vehicle?
Resource Provided by Taylor Financial Group, LLC
For some time now, the cost of a college degree has been rising at perilously high rates, and as a result, the dream of one day going to college, for many, remains just that… a dream. With college costs rising so dramatically, it’s no surprise that people are looking for new ways to save for these expenses….Read More

COVID-19 HEALTH AND WELLNESS (NEW)

How Will Behavior Change As More People Recieve Covid-19 Vaccines?
The Economist Podcast Provided by Taylor Financial Group, LLC
The World has stumbled through the pandemic by nationalizing risk. In countries overrun by infection, citizens have been ordered to stay home for weeks at a time. As vaccination programs spread, governments must gradually restore choice to the individual… Listen Here
The United States is now averaging 2 million vaccine doses administered per day!
The New York Times Article Provided by Taylor Financial Group, LLC
President Biden set a goal for the country shortly after taking office to administer more than 1.5 million doses a day, which the nation has now comfortably exceeded…. Read Here

“The happiness of your life depends upon the quality of

your thoughts.””

-Marcus Aurelius

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