Broker Check


We provide our clients and friends with a Weekly Market Commentary Newsletter each week.

Below is this week's Newsletter - we hope you enjoy it!

For the week of October 15, 2018




When You Should Update Your Estate Plans and Will


Estate planning and wills are not a one-and-done affair.

They aren’t documents you write, tuck away in your important papers, file and forget about.

They are subject to inevitable life events and circumstances. Think of them as you would your car – they need maintenance every so often.




Changes In State And Federal Laws:

  • Has the state you live in enacted new laws which could impact your will and finances?
  • Have you moved to another state?
  • A new federal tax law doubles the threshold for estate taxes, raising the bar for estate taxes to exclude all but the nation’s richest households – those with estates that exceed $11.8 million per person or $22.36 million per couple. State tax laws vary.

With Each Major Life Events:

  • The birth of a child
  • The birth of a grandchild
  • An adoption
  • Marriage
  • Divorce
  • Death

When Relationships Have Changed:

  • In addition to events in your own life, consider events in the lives of your heirs, representatives, trustees or executors.
  • Have your relationships with the people named in your will changed?
  • Have their circumstances changed, which could also impact your estate planning and will.

When The Value Of Your Investments Have Changed:

  • Has there been a substantial increase or decrease in the value of your estate?
  • Have you bought or sold a major asset?
  • Have you started a new business?

Your Age May Be A Factor:

  • If you’re approaching your 70½ birthday and have an IRA, 401(k) or other qualified plans that require you to begin taking distributions at that age.

How Often Should You Have a Review?

These are just some of the things that could impact your future financial plans. But even if you’re not aware of anything that could trigger an automatic update, the passage of time alone would matter. You should review your will and estate planning documents every three to five years.  Don’t let life hand you unwanted surprises. Contact our office today. We can help you review your finances and determine if your plans need updating.


The Markets


Following a week of steep losses, stocks rose Friday. Although the technology and other growth sectors rose, advances were restrained by continued concerns over U.S. – China trade tensions and rising interest rates. For the week, the Dow fell 4.17 percent to close at 25,339.99. The S&P lost 4.07 percent to finish at 2,767.13, and the NASDAQ dropped 3.74 percent to end the week at 7,496.89.


Returns Through 10/12/18

1 Week


1 Year

3 Year

5 Year

Dow Jones Industrials (TR)






NASDAQ Composite (PR)






S&P 500 (TR)






Barclays US Agg Bond (TR)













Source: *Past performance is no guarantee of future results. Indexes are unmanaged and cannot be invested into directly. Three- and five-year returns are annualized. The Dow Jones Industrials, MSCI EAFE, Barclays US Agg Bond and S&P, excluding “1 Week” returns, are based on total return, which is a reflection of return to an investor by reinvesting dividends after the deduction of withholding tax. The NASDAQ is based on price return, which is the capital appreciation of the portfolio, excluding income generated by the assets in the portfolio in the form of interest and dividends. (TR) indicates total return. (PR) indicates price return. MSCI EAFE returns stated in U.S. dollars.


Salary Report

In the first quarter of 2018, 618 U.S. employers surveyed anticipated offering a starting base salary of $65,000 to college graduates with a bachelor’s degree, $85,000 to workers coming direct from industry and $105,000 to MBA graduates

(source: Corporate Recruiters Survey Report 2018, BTN Research).


Stocks in the Health Care Sector

Six of the top 10 performing individual stocks within the S&P 500 - during the third quarter of 2018 (i.e., trading from July 1, 2018, through Sept. 30, 2018) are in the health care sector

(source: BTN Research).


Millennial Investments

A greater percentage of millennials have all their pretax retirement money invested in cash and bonds (20 percent) than those who have all of their pretax retirement money invested in stocks (19 percent). 2,593 millennials (ages 20-36 in 2017) were surveyed in the fourth quarter of 2017

(source: Transamerica Retirement Survey, BTN Research). 


* The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. The Morgan Stanley Capital International Europe, Australia and Far East Index (MSCI EAFE Index) is a widely recognized benchmark of non-U.S. stock markets. It is an unmanaged index composed of a sample of companies representative of the market structure of 20 European and Pacific Basin countries and includes reinvestment of all dividends. Barclays Capital Aggregate Bond Index is an unmanaged index comprised of U.S. investment-grade, fixed-rate bond market securities, including government, government agency, corporate and mortgage-backed securities between one and 10 years. Written by Securities America, Copyright October 2018. All rights reserved. Securities offered through Securities America, Inc., Member FINRA/SIPC. SAI#2279010.1 


Previously Posted Weekly Market Commentary Newsletters

Oct 8th - Medicare Open Enrollment

Oct 1st - Planning Your Dream Retirement

Sept 27th - College Funding

Sept 17th - The Death of a Spouse

Sept 10th -  The Importance of Life Insurance

Sept 4th - 401(k) Considerations

Ask for any past articles of interest by emailing [email protected]