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COVID Scams

As if dealing with business shutdowns, wearing masks, and the general annoyance that this pandemic has brought us wasn’t enough, now we have to worry about more scams. Hackers and thieves have resorted back to some good old-fashioned tricks, but there are some new ones popping up that might surprise you. Do not respond to texts, emails, or calls about checks from the government. Some new scams are offering “help” to get an expedited stimulus check. The government doesn’t work…

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Personal Finance Applications

Having an easy to manage spending plan is the cornerstone for financial success. It’s important to know your cash inflows and outflows so that you make the most of your hard-earned cash. Knowing how much you spend on categories like groceries, eating out, or gas can help you identify areas where maybe you are spending too much. This can help you direct funds towards something else that has importance to you, such as saving for retirement, a new home, or…

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An Unconventional Approach

A widely held belief in both academia and the investment industry is that a person should have as much of their money in stocks as they can tolerate because stocks have provided the highest returns over long periods of time. Most people cannot handle the erratic volatility of an all stock portfolio so many advisors say “let’s do 60% in stocks and 40% in bonds” in order to make things a bit more palatable. “60/40” has come to be the…

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Financial Planning – More Important than Ever

Over the past few months, we have been living a new “normal.” This includes wearing face masks in public, social distancing, and communicating with our friends and loved ones not in person, but almost entirely virtually. These changes may cause you to pause and consider your priorities and what your future looks like. Many things in life are out of our control, but working with an advisor to create or revise your financial plan is a great way to take…

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Journey Tree Supports

Every year Journey Tree makes it a point to support local entities: The Shedd, KWAX, Oregon Mozart Players, Oregon Bach Festival, Friends of Trees, KLCC, and the list goes on. While the novel coronavirus has caused performances and productions to be canceled and postponed, Journey Tree continues to provide support in any way we can. Oregon Bach Festival (OBF): This summer was going to be the 50th anniversary of the Oregon Bach Festival. Unfortunately, given the circumstances, it has been…

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MARKET COMMENTARY – MAY 2020

The Pandemic Roller Coaster of 2020 2020 has been a year of volatile extremes in the investment world. Following exceptional returns for virtually all types of investments in 2019, the S&P 500 stock index registered an all-time high on February 19. Less than a month later by March 23 the index had dropped 34% –  the sharpest drop on record. Then, after unprecedented measures were announced by the Federal Reserve and Federal government, the S&P 500 shot up 30% over…

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What to Do During a Bear Market

We know you may be concerned about recent declines in the stock market. Markets go up, but they also go down. Fortunately, they go up more often than they go down. There are things in our lives that we can control and that makes sense to focus on, especially during turbulent times. Here are some personal financial items to review that can have a positive impact on your financial future. Review your expenses. As markets go down people start to…

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The SECURE Act: Some Important Changes to Know

You may have recently read that the SECURE Act was signed into law on December 20, 2019. So, what does that mean for you? It could have more of an impact than its name alludes to since it’s 29 original provisions address many topics from inherited IRA distributions to the age for required minimum distributions. Here are some key points to take into consideration. 1. Required Minimum Distribution Age Changed to 72 The first major impact of the Setting Every…

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MARKET COMMENTARY – MARCH 2020

Market sentiment changed abruptly in February. After achieving a new all-time high on February 12, the Dow Jones Industrial Average declined just over 14% through February 28. The last week of February saw one of the largest weekly drops of the last 100 years. Given our defensive positioning most Journey Tree Accounts were down just 3-4% over that period. After rising 35% from December 24, 2018 to the peak on February 12, “[. . .] the Dow at nearly 30,000…

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Our Newest Certified Financial Planner™

We are pleased to announce that Michelle is officially a CERTIFIED FINANCIAL PLANNER™ professional!  She successfully passed the CFP® Board exam in November. What is a CFP®? A CERTIFIED FINANCIAL PLANNER™ is an advisor who has met rigorous education and experience requirements, and is held to a high ethical and professional standard in the financial industry. The education component is met by completing college level courses in investment planning, tax planning, retirement planning, estate planning, insurance planning, financial management, and…

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