Monday February 24th – This Week on Wall Street – Virus Anxieties Affect Stocks

The Week on Wall Street Traders paid close attention to coronavirus developments and earnings last week, while wondering how the former might eventually impact the latter. Concern over updated infection numbers moderated risk appetite. A pair of key stock benchmarks posted similar weekly losses. In New York, the S&P 500 declined 1.25%; the MSCI […]

Avina Financial – LifeStyle Weekly

“Act as if what you do makes a difference. It does.” – William James Zippy French Toast Serves 4 Ingredients: 1 tsp. cinnamon ¼ tsp. nutmeg 2 Tbsp. sugar 4 Tbsp. butter 4 eggs ¼ cup whole milk ½ tsp vanilla extract 8 slices of your favorite bread ½ […]

February 19th – Education Corner – Health Care Costs Are Cutting into Retirement Preparations

You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in health care expenses during the rest of their lives. In fact, Fidelity Investments now projects this cost at $285,000. The effort to prepare for these potential expenses is changing […]

Tuesday February 18th – This Week on Wall Street – Weekly Gains for Big Benchmarks

The Week on Wall Street Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence. All three Wall Street benchmarks improved. The Nasdaq Composite rose 2.21%, outpacing the S&P 500, up 1.58%, and the Dow Jones Industrial Average, up 1.02%. The MSCI EAFE index, […]

Avina Financial – LifeStyle Weekly

“What you do makes a difference, and you have to decide what kind of difference you want to make.” – Jane Goodall Pesto Perfecto Sauce Makes 16 servings Ingredients: 3 cups fresh basil leaves 1½ cups pinenuts 4 peeled cloves garlic ¼ cup grated Parmesan 1 cup extra virgin olive […]

February 12th – Education Corner – Buy-Sell Agreements

For most, creating an estate strategy is important to make sure your loved ones are taken care of after you’re gone. But it may be just as important to have an estate strategy for your business. Whether you’re a sole proprietor who will be passing on your business to your heirs or your business partners […]

Monday February 10th – This Week on Wall Street – Stocks Bounce Back

The Week on Wall Street Stocks advanced four days out of five during the past market week, erasing the losses of the week before. The Nasdaq Composite surged 4.04%, the S&P 500 3.17%, and the Dow Jones Industrial Average 3.00%. Foreign stocks also rallied: the MSCI EAFE index added 2.21%., China Plans to […]

Avina Financial – LifeStyle Weekly

“It took me quite a long time to develop a voice, and now that I have it, I am not going to be silent.” – Madeleine Albright Good Ol’ Chicken Soup Serves 10 Ingredients: 1 whole chicken, about 3 lbs. 4 carrots, halved 4 stalks celery, halved ½ potato, […]

February 5th – Education Corner – Measuring the Value of a Financial Advisor

What is a relationship with a financial advisor worth to an investor? A 2019 study by Vanguard, one of the world’s largest money managers, attempts to answer that question. Vanguard’s whitepaper concludes that when an investor worked with an advisor and received professional investment advice, they saw a net portfolio return about 3% higher over […]

Monday February 3rd – This Week on Wall Street – Equities Slip on Virus Concerns

The Week on Wall Street Stock benchmarks declined for a second straight week as coronavirus news tempered risk appetite. The S&P 500 fell 2.14% on the week. The Nasdaq Composite dipped 1.76%, and the Dow Jones Industrial Average, 2.55%. Away from North America, developed markets slumped 2.24%, according to MSCI’s EAFE index., The […]