Secure Act 2.0 and Contribution Changes

Here’s a summary of Secure 2.0 passed by Congress and changes the IRS made to contribution limits for 2023.  If you like robust reading packed with financial details, then this is for you and you can contact us if you have any questions. 

Market Update

January 4, 2023 The beginning of a calendar year is often the time when the previous year’s reflections transition to a new year’s hopes. Given the market’s continued instability during 2022 and a resulting tough period for stock and bond

Market Update

Through all the challenges, newfound opportunities, and every high and low we’ve experienced during the last couple of years, it’s no surprise why we might be striving for more balance.

Market Update

October is now behind us and it has delivered on its track record as a historically favorable month for stocks, offering some respite for investors as major equity indices rose for the month.

Market Update

First, we want to acknowledge the tremendous damage and displacement caused by Hurricane Ian. Our thoughts are with those impacted by this devastating storm.

Market Volatility & Office Updates

This year’s financial market volatility has been repugnant to say the least.  We’ve seen unprecedented declines in both the stock and bond markets, with little place to hide. 

Market Update

Dear Valued Clients, Here’s a summary of current financial talking points gathered by LPL Financial Research. If you like robust reading packed with financial data, then this is for you. If not, click elsewhere...

It's the Little Things

While on a recent business development trip, I was thrilled to find an elusive watermelon radish in a dinner salad. Seeing and consuming this bitter treat brought me great joy.  Why?  It’s simple.  They are...

Mid Year Market Update

Dear Valued Investor,Markets rarely give us clear skies, and there are always threats to watch for on the horizon. But the right preparation, context, and support can help us navigate what lies ahead. So far, this year hasn’t...

Market Update

To our Valued Clients,As the calendar has turned to July, investors would certainly like to forget the first six months of 2022. However, the Fourth of July Independence Day holiday does bring with it reason for celebration. Not only...

Market Update

The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020 through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the recent low on...

Market Update

Announcement

Happy St. Patrick's Day

Market Update

Client Letter

February Client Letter

Market Volatility Client Letter

January Client Letter

December Client Letter

November Client Letter

To our valued clients: The past year and a half have tested all of us, but overall, the economy continues to strengthen, COVID-19 trends are greatly improving, and this still relatively young bull market is alive and well. As the...

October Client Letter

To our valued clients: One constant in life is change. During the past year and a half, we have experienced more change than any of us bargained for. Change is disruptive—but also brings opportunities. For investors right now,...

September Client Letter

To our valued clients: The bull market continues, with the S&P 500 Index now up seven months in a row. Stocks have impressively gained 20% year-to-date, with the S&P 500 making 53 new all-time highs before the end of...

August Client Letter

To our valued clients, Six months and counting. That is the current monthly winning streak for the S&P 500 Index. To take that a step further, this key equity benchmark has posted gains in 13 of the last 16 months—dating back to...

July Client Letter

To our valued clients, In the first half of 2021, the U.S. economy powered forward faster than nearly anyone had expected. Speed can be exhilarating, but it can also be dangerous. In our view, the overall economic picture remains sound...

June Client Letter

To our valued clients, As we move into June, a path to normalcy is coming quickly with stadiums allowing full capacity, restaurants filling up, and summer vacations in full swing. Meanwhile, the U.S. economy continues to recover...

Going on Vacation!

To Our Valued Clients: We will have limited availability Thursday May 27, 2021 through Tuesday June 1, 2021, and will be back in office on Wednesday June 2, 2021. If you should need any financial transactions executed, please let us...

May Client Letter

To our valued clients, As the calendar has turned to May, the popular “Sell in May and Go Away” stock market cliché is getting a lot of airtime. This is the idea that the stock market tends to be weakest between May...

April Client Letter

“The real key to making money in stocks is not to get scared out of them.” Peter Lynch They say April showers bring May flowers. Well, after a lot of showers and storms over the past year, flowers are starting to bloom and...

March Client Letter

March 4, 2021 It’s now been over a year since COVID-19 first hit American shores. While the pandemic has affected everyone to varying degrees, we can all agree that everyone’s life is different today than it was a year ago....

February 2021 Client Letter

February 9, 2021 “In the short-term, the market is a popularity contest. In the long-term, the market is a weighing machine.” Warren Buffett 2021 is under way, as our nation and the rest of the world look to begin to put...

January 2021 Client Letter

January 7, 2021 Happy New Year! A new year offers a welcomed turn of the calendar and a fresh start. However, it’s difficult to put 2020 completely behind us just yet because the COVID-19 pandemic still presents a significant...

December Client Letter

To our valued clients, this letter is prepared by LPL to keep you updated and informed with the current market and economy. Mike Maynes and Kim Summas As 2020 comes to a close, we are already looking forward to a new year—and to...

November Client Letter

To our valued clients, this letter is prepared by LPL to keep you updated and informed with the current market and economy. Mike Maynes and Kim Summas Former Vice President Joe Biden has been elected the 46th President of the United...

October Client Letter

To our valued clients, this letter is prepared by LPL to keep you updated and informed with the current market and economy. Mike Maynes and Kim Summas Autumn has arrived, with students back in school, baseball playoffs beginning, and...

September Client Letter

September 8, 2020, To our valued clients, this letter is prepared by LPL to keep you updated and informed with the current market and economy. Mike Maynes and Kim Summas Back to school this year will be different. On the one hand, like...

Client Letter

February 28, 2020 To our valued clients. This letter was prepared by LPL to address the recent events. “The stock market takes an escalator up, and an elevator down,” is a classic Wall Street saying. The last week has sure...

Market Update

February 6, 2020 To our valued clients: The start of 2020 has brought increased stock market volatility. The uncharacteristically calm market environment we experienced for much of the past four months was bound to end, but identifying...

Elevate your Travel Experience

Dear Clients, Like many of you, I have the desire to travel and see world, one incredible journey at a time. In recent years, I’ve spent many hours researching airline award charts, as well as following several internet...

OUTLOOK 2020

To Our Valued Clients, Outlook 2020 offers investments insights and market guidance through the end of 2020. If you would like a hard copy or PDF please contact us at info@maynesim.com. Hindsight is 20/20, but finding clarity in future...

Happy Thanksgiving

We wish you and your family an exceptional Thanksgiving holiday. We also would like to say "thanks" for a great relationship. Sincerely, Mike and Kim

MARKET UPDATE

November 12, 2019 To Our Valued Clients, please find the November client letter prepared by LPL to keep you updated and informed with the current market and economy. Sincerely, Mike and Kim Turning the calendar from October to November...

MARKET UPDATE

October 4, 2019 Dear Valued Investor: Summer has turned to fall, and there’s already a little chill in the air. Three-quarters of the year is behind us now, and both stock and bond markets have had a strong year so far, although...

Hurricane Dorian

Dear Valued Clients & Friends, We have implemented our Hurricane Plan effective immediately. Before, during, and after the storm, our virtual receptionist will be answering our office calls from 8:00AM to 8:00PM Eastern Standard Time....

MARKET UPDATE

Below is the June letter prepared by LPL to keep you updated and informed with the current market and economy. Sincerely, Mike and Kim

MARKET UPDATE

July 15, 2019 To Our Valued Clients: Below is the July letter prepared by LPL to keep you updated and informed with the current market and economy. Sincerely, Mike and Kim U.S. leadership on the world stage remains in focus. We...

Going on Vacation!

To Our Valued Clients: We will have limited availability the week of July 1st through July 5th and will be back in office on Monday July 8th. Should you need anything during this time please email us at either Mike@maynesim.com or...

MARKET UPDATE

To Our Valued Clients: Below is the June letter prepared by LPL to keep you updated and informed with the current market and economy. Sincerely, Mike and Kim Trade tensions have interrupted an unusually calm year in U.S. stocks. In May...

MARKET UPDATE

Dear Valued Investor: If it seems like the financial markets have been off to an unusually strong start to the year—you are correct. The S&P 500 Index has risen for four consecutive months, resulting in the strongest start to a...

MARKET UPDATE

Dear Clients, This is a letter prepared by LPL to help you understand what is going on in the markets and with the economy. Sincerely, Mike and Kim

MARKET UPDATE

Dear Valued Investor: The S&P 500 Index has staged an impressive rally after nearly entering a bear market December 24, with U.S. stocks notching their best start to a year since 1991. Stocks have climbed the “wall of...

Happy Anniversary! 8 Year Affiliation with LPL

Today marks our 8 year anniversary LPL Financial affiliation. There are so many things that have shaped the last eight years of my practice. Please take a look below of what we've learned, what we've done, and how we are improving our...

Luna's Lessons: Our Redtail Wags For You

At Maynes IM, we are always looking for ways to improve the client experience and recently we invested in a tool that makes our tails wag furiously. The tool is called Redtail. Redtail is software which provides us the ability to...

Luna's Lessons: Our Sounding Board Process

All too often, we have seen first-hand clients who are going through or have recently gone through a challenging divorce. Helping them organize their newly-single financial situation and ultimately charting a course for retirement is...

Luna's Lessons: How to manage your FOMO

FOMO = Fear Of Missing Out From time to time we are asked about “hot” investments. They come in many forms, such as trendy stocks, new industries, commodities, or even currency. Clients are looking for the green light to...

Time Is Your Friend

A look at the potential of compounding and early, steady investing. Time may be the greatest asset for the young investor. While some people may frantically try to catch up onretirement saving after age 50, you have the chance to...

"Why should I choose a CFP®?

"Why should I choose a CFP® (Certified Financial Planner) and how can they help me?” Although many professionals call themselves "financial planners", Certified Financial Planner™ professionals have completed extensive...

5 Key Facts About the NEW Tax Bill

5 Key Facts About the New Tax Bill __________ The enactment of the Tax Cuts and Jobs Act (TCJA) represents “the most sweeping overhaul of the U.S. tax code in more than 30 years.”1 For millions of Americans and businesses...

How Do I Take Retirement Income & Where Should It Come From?

One of the most frequent questions we are asked by clients approaching retirement is, “How do I take retirement income and where should it come from?” It’s an extremely common question and let me tell you why. In the...