February 2023 Update: Stock Market Presentation and Secure Act 2.0 Details
I hope February treated you well. The update covers two things.
* My January presentation to The American Association of Individual Investors' Austin and San Antonio Chapter on The Challenges and Opportunities of The US Stock Market may be worthwhile. The PDF highlights the challenging macroeconomic backdrop, how recessions, rate hikes, and bear markets are often associated with one another, S&P earnings growth risk, and that investors are pricing in a soft landing. On the brighter side, we highlight timeless investing lessons and identify areas of the market, sectors and stocks that look compelling.
* We identify the Secure Act 2.0's new provisions around retirement account contributions, additional hardship withdrawals, required minimum distribution changes, qualified charitable distributions, 529 to Roth IRA rollovers and employer matching student loan payment retirement contributions. Odds are a few of the topics will apply to you. The article has been saved to your eMoney vault/articles folder.
As always please let us know if you have questions or comments. If you would like to catch up sometime just let us know when you are available or click my scheduling link below.
William E. Hawes, CFA, CFP®
President and Chief Investment Officer
Candor Asset Advisors
Investment advisory and financial planning services offered through Candor Asset Advisors, LLC, a registered investment adviser. Consult your attorney, CPA, real estate or insurance professional for advice in those areas. Links to third-party articles are for informational/marketing purposes only.