G.L. Fisher Capital Management

08/13/2024

In San Diego at the LPL annual conference hearing about new strategies to help our clients retire Stonger for Longer!

05/24/2024

💼 A few years ago, there were ads from financial services companies asking, "What's your number?" #️⃣

The "number" represents the amount of money you need to retire comfortably.

While this question may have been an effective way to spark conversations about retirement, we believe that it doesn't paint the complete picture.

One of the most important parts of orchestrating your retirement income strategy is determining which assets to take and in which order.

There is no one formula; every situation is unique, but there are some general guidelines that can help when creating a withdrawal strategy.

For example, one approach to consider is withdrawing money from taxable accounts first, then tax-deferred, then tax-exempt. By using taxable money first, you can avoid paying taxes as long as possible with tax-deferred investments—and your tax-exempt accounts remain tax-exempt for a longer period. Ultimately, your decision will be influenced by a wide range of other considerations, including withdrawal fees, surrender charges, and other costs that may be associated with each specific account. However, when possible, consider using the power of tax deferral and tax exemption to your advantage.

There's a lot to consider, but you don't need to figure this out on your own. With this post, we are pointing out some high-level concepts. It's not a replacement for real-life advice. Your tax, legal, and accounting professionals may also have some additional insights into the tax implications of certain withdrawal decisions.

If you would like to review your current plans to make sure you’re on track, please send us a message. 🤝💼

05/17/2024

💼 Wall Street has its own language and adages…

One of my favorites is "Sell in May and Go Away," suggesting that the market’s performance is typically weaker from May through October. Although there is some loose historical basis, market timing has well-documented limitations.

While these sayings may sometimes hold a kernel of wisdom, more often, they are just something that catches our attention and makes for an interesting table topic.

Here are a few others that come up in conversations on occasion…

1️⃣ "Markets Climb a Wall of Worry": This phrase means that the stock market often rises, even amid negative news or uncertainties.

2️⃣ "Stocks Take the Stairs Up and the Elevator Down": This maxim reflects the fact that stocks often rise gradually over time but can drop rapidly in a market downturn.

3️⃣ "Everyone Looks Like a Genius in a Bull Market": Soaring stocks make everyone seem like financial wizards in a bull market. Success isn't always a reflection of expertise.

Have you heard of any of these before? What do you think of these sayings?

05/13/2024

It's National Pet Month! 🐾🎉

I don't know many people who don't immediately smile when they talk about their pets!

They have a way of making our hearts fuller. They show us unconditional love at its best.

For those on the fence about getting a pet or wanting to get involved:

🏠 Adopt, don't shop: Consider giving a forever home to a shelter pet.

🤝 Support local shelters: If you're not ready for a pet, consider supporting your local animal shelter. They always appreciate donations, volunteers, or help with fostering animals.

📸 Share the love: Post a picture of your pet!

For many of us, our pets are members of our families. Let's spread awareness about the importance of pet adoption and give our furry friends even more love this month (if that's possible)!

05/12/2024

🌷 Happy Mother's Day to all the amazing moms out there!

Moms come in all forms–from biological and adoptive moms to stepmoms, foster moms, grandmothers, aunts, sisters, and friends. You are all so deeply appreciated. 🌻

Your strength and resilience, wisdom and kindness, patience, and understanding are the gifts you share, shaping us into who we are.

Here's to all the fantastic women who forever love, nurture, and guide us.

Happy Mother's Day!

Thank you for everything you do! ❤️

👥

05/10/2024

🏠 Considering a home improvement project this spring? 🌼

One option for paying for the project is a HELOC (Home Equity Line of Credit).

Unlike home equity loans with fixed interest rates, HELOCs can offer variable rates that may adjust over time.

HELOCs also offer flexibility—you only borrow what you need, and you only make payments on the money you’ve borrowed.

Many factors need to be considered before creating a HELOC. Understanding the benefits and limitations is the first step. A financial professional may be able to provide some guidance or offer some material that has insights! 💡

05/09/2024

🚨 I just read an alarming article about a new robocall scam known as the "Can you hear me" scam. 🚨👂

Here's what you need to know:

◾ The robocall begins with a lifelike conversation, often making it difficult to recognize that it’s a recording. 🤖
◾ The scam tricks you into saying "yes" to seemingly innocent questions like "Can you hear me?" and then uses the recording of your voice saying "yes" in nefarious ways. 😱

Experts warn that natural speech technology is advancing so quickly it may soon be impossible to tell if you’re speaking with a machine. 🗣️

So, if you receive a call and the person on the other end asks, "Can you hear me?" 👂 don't say yes! Just hang up! ☎️

Remember, scammers constantly change their tactics, so always stay alert. 👍

05/08/2024

🔒💻 There isn't a week that goes by when you don’t read about some data breach. Safeguarding your personal information starts with understanding cybersecurity risks, knowing what to look for, and doing everything you can to help protect yourself.

The best defense is a good offense. 💪

Some of our clients are starting to work with a password manager.

Password managers store and organize your passwords with secure digital encryption and multi-factor authentication.

Some browsers have built-in password managers included with the software. There are also other password managers you can subscribe to with a variety of features and benefits, according to Cybernews.com.

The risks of identity theft are increasing, and individual diligence is critical. We encourage you to take action to help protect your personal information and stay safe online! 🔐💼

05/07/2024

🍎 May 6 thru May 10 is .

A massive shoutout to all the educators out there who are making a difference! You're more appreciated than you know.

Want to show your gratitude? Tag your favorite teacher! 📝

🤔 Who was a teacher that made a significant impact on your life?

🤔 What was the most valuable lesson they taught you?

Be sure to be extra kind to those teachers who work hard every day to better our next generation—from preschool to grad school. They are such a valuable part of our society that they deserve a special shout-out.

👥

05/07/2024

April's stocks took a hit due to rising inflation and mixed economic news, despite a late-month rally fueled by strong Q1 reports from two mega-cap tech stocks.

Monthly Market Insights | May 2024 U.S. Markets Despite a late-month rally, stocks fell in April as investors struggled with a hotter-than-expected inflation report and mixed news about the economy. The Dow Jones Industrial Average dropped 5.00 percent, while the Standard & Poor’s 500 Index declin...

05/06/2024

Every minute of every day, members of the U.S. military stand ready to defend our nation around the globe.

🎖️ Happy to all active-duty service members, veterans, and their families.

Our freedom is secured by the sacrifices of our military, and we send our deepest gratitude to the heroes who keep us safe.

We also want to send a shoutout to the military spouses, whose strength and support are invaluable and often overlooked—and a special thank you to the wounded warriors who have served our country and whose resilience inspires us all.

Let’s show our appreciation beyond words this . Volunteer your time or donate to an organization that supports veterans.

👥

05/03/2024

The Fed has announced a pivot from a tight monetary policy to a more accommodating approach. Here's what you need to know:

▪️ Fed Chair Jerome Powell said in December that interest rates could be cut as much as three times this year, but he didn’t indicate when the cuts may start.
▪️ In December, he said no cuts until inflation is still heading toward the Fed’s 2% target.
▪️ During Congressional testimony in March, Powell reinforced his belief that the Fed would cut rates in 2024 but again wouldn’t commit to a time frame.
▪️ He also stressed that he wants to see more evidence that inflation is trending back to the Fed’s 2% target.

The Fed Chair has indicated that the next move for rates will be lower. So, a pivot has taken place, but the follow-through with lower rates has yet to begin.