News, Updates, & Resources
July 2020 Monthly Insight – Long-term Investing Is Not Reactionary
“The intelligent investor is a realist who sells to optimists and buys from pessimists.” — Benjamin Graham, British-born American economist, professor and investor Before we talk about the economy, the markets, COVID-19 pandemic, or economic inequality, we would...
Tax Time Is Finally Here
Tax Time Is Finally Here From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, Due to the Covid-19 pandemic, businesses were forced to close, and jobs were lost. So, the federal government extended tax season to give taxpayers a break, moving Tax Day...
2020 RMDs Can Be Paid Back By Rollover
2020 RMDs Can Be Paid Back By Rollover From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, The IRS has extended the rollover deadline for required minimum distributions (RMDs) taken from IRAs or company plans in 2020. On March 27, 2020, the...
Seven Steps To Shore Up Finances In A COVID-19 World
Seven Steps To Shore Up Finances In A COVID-19 World From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, Since the economic crisis began, we have shifted our focus towards financial planning content that incorporates the COVID-19 crisis and its...
10 Things To Do Within 10 Years Of Retirement
By Lee Sherbakoff, CPA/PFS, CFP®, RICP® Days of golfing, checking travel destinations off your bucket list, spending more time with the kids and grandkids, investing in a hobby…are these your retirement dreams? Most of us have at least a general idea of what we...
The Hedge Monster
The Hedge Monster - The Market Roller Coaster From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, Last November the magazine Travel and Leisure published “The World’s Tallest, Fastest, Loopiest Roller Coasters.” Regardless of Travel and...
June 2020 Monthly Insight — Predict No, Plan Yes.
“Prediction is very difficult, especially if it's about the future.” -- Niels Bohr, Danish physicist, 1922 Nobel Prize in Physics Our job is to help our clients make good long-term decisions with respect to their portfolio allocation, investments, and most...
Steps to Organize Your Estate Planning Documents
Steps to Organize Your Estate Planning Documents From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, During stay-at-home mandates and the slow reopening, here’s a home project that will not benefit you in any way, but for sure will be tremendously...
On the Other Hand
On the Other Hand From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, On one hand, over a nine-week period, there have been 38.6 million first-time claims for unemployment insurance (through May 21). It’s by far the worst number of layoffs we’ve ever...
CARES Act RMD Suspension
CARES Act RMD Suspension From Lee Sherbakoff,The Nalls Sherbakoff Group, LLC. Dear Friends, On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act – better known as the CARES Act – was signed into law by President Trump. The CARES Act was third...