2Q 2020 Market Commentary
Economic Outlook By Dr. John McAlhany The expected happened. COVID-19 ended the economic expansion and plunged the US into a recession, the first since the Great Recession eleven years ago. Officially, as determined by a committee at the National Bureau of Economic...
Life After the Pandemic
What's the "new normal" After weeks of quarantine and "stay at home" orders, we are starting to see encouraging signs of progress in our fight against the COVID-19 pandemic. While we are not out of the woods yet, our collective focus seems to be shifting to what life...
Market Update from Walter Todd
Overview Walter Todd addresses the latest data around the current economic climate, implications from the rise in COVID-19 cases in the United States, and the possibilities surrounding the upcoming elections.Greenwood Capital is an SEC registered investment advisory...
Market Update from Walter Todd
Overview Walter Todd provides a market performance update. The unemployment rate dropped to 13.3% and there was a slight increase in consumer confidence. On the other hand, the DOW experienced a sell-off and many parts of the country had an uptick in COVID-19 cases.
Market Update from Walter Todd
Overview Walter Todd reflects on positive trends in the equity market. Watch the video below for this week's updates, including notes on the housing market and foreign economic relationships.
Market Update from Walter Todd
Overview Walter Todd summarizes the current economic front in the third video from our COVID-19 market update series. This episode touches on a variety of subjects, from big-name company earnings to the impacts on interest rates.
Financial Tips for Changing
Gears in Retirement
Everyone is probably familiar with the adage, “the only constant in life is change.” Change is inevitable and is constantly reminding us that we must not only accept change but should prudently prepare for changes we know are coming in our lives. As we age, we often...
Market Update from Walter Todd
Overview Walter Todd discusses what investors can expect as the economy begins to reopen and different industries—including tech, healthcare, financial, and energy—assess the best approach to resuming operations in a safe manner.
Market Update from Walter Todd
Overview Walter Todd gives an update on what we’re seeing in the marketplace and the state of our economy as of Thursday, May 7, as well as expectations for the remainder of 2020. To receive all market updates by joining our email list...
Employer-Sponsored Retirement Plan: How Greenwood Capital Can Help
401(k) The 401(k) is the most popular qualified retirement plan among employers and employees. These plans allow employees to make voluntary pre-tax salary deferral contributions by payroll deduction. In some cases employers will “match” employee contributions. In...
Charitable Giving: Community
Impact & Tax Savings
“Charitable giving" is a broad term that covers many things, such as volunteering your time, giving blood, or writing a check to your favorite charity. This article will focus on two lesser-known charitable giving opportunities: appreciated asset donation and...
6 Tips for Year-End
Financial Planning
It seemed summer would never end, yet here we are close to ringing in another new year! Soon our attention will turn to holiday plans, perhaps some travel, and if we are fortunate enough, family gatherings. Before we get too involved with menus, shopping lists, and...
4 Tips for Talking to Your Adult Children About Your Finances
On the awkwardness scale, talking to your adult children about your finances ranks a close second to the “birds and the bees” discussion. Did you choose to let your children learn about the opposite sex from their friends? I hope not! Then why would you want your...
3 Steps to Effective
Vacation Planning
As we enter the summer months, our thoughts often gravitate toward vacation plans. After months of cold dreary weather and being trapped indoors, nothing lifts our spirits more than planning and preparing for vacation. For some, the perfect vacation means relaxing on...