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Tuesday, June 4, 2024

The Three Strategies for Providing Reliable Retirement Income Embarking on the journey towards retirement is a significant milestone, filled with excitement and anticipation for the years ahead. At Harford Financial Group, we recognize...

Tuesday, May 21, 2024

I recently completed a two-day training course on retirement cash flow planning. This training reinforced the need to help our clients create a financial plan that would last their retirement years. Many retirees come to our office...

Tuesday, May 7, 2024

Unlock the secrets of growth and financial stability with the Pyramid of Risk! Discover how this strategic tool categorizes investments, guiding you from high-risk peaks to low-risk foundations. In this article, one of Harford Financial Gro

Tuesday, April 30, 2024

In another article in our series of Investing During Election Year articles and blog posts, we focus on remembering what you are investing in. During our series, we have tried to communicate that, in our opinion, the best way to...

Tuesday, April 23, 2024

As we navigate the uncertain terrain of election years, the stock market often finds itself in volatility, leaving investors uneasy. One of the primary factors that causes volatility in the market is uncertainty. Both investors and...

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Tuesday, April 16, 2024

Have you changed your spending paterns based on who the president is? Talk of poli􀆟cs and the coming elec􀆟on find their way into many conversations I have with clients. I understand many people have concerns and...

Tuesday, April 9, 2024

Famous American investor Peter Lynch says, "Far more money has been lost by investors trying to anticipate corrections than lost in the corrections themselves." Despite the periodic onslaught of negative headlines and economic...

Tuesday, March 26, 2024

Which political party has been better for investors?   If you were to go back to 1933, when Franklin Delano Roosevelt was elected to his first term of office, and you invested $1,000 in the stock market, you would have $19 million...

Tuesday, March 12, 2024

As we stand on the brink of the 2024 presidential election, the political landscape is full of anticipation and speculation. For many, these times can be marked by heightened emotions, passionate debates, and a constant influx of...

Tuesday, February 27, 2024

Every choice has pros and cons. What is a good choice for me may not be your best choice. The same is true with investing. Choosing a suitable investment is not a one-size-fits-all solution, so knowing what you are purchasing or...

Wednesday, February 21, 2024

It is delightfully simple and genuinely compelling to summarize the stock market behavior, not only in the calendar year just a month ago but over the last two years. I can do it in two sentences: In 2022, the Dow, the S&P 500, and...

Tuesday, February 6, 2024

As Albert Einstein said, "The hardest thing in the world to understand is the income tax." While he may have meant this figuratively, its literal meaning is also very present. Many people need clarification on our tax system due to its...

Tuesday, January 23, 2024

“When you retire, you leave behind many things – the daily grind, commuting, maybe your old home – but one thing you keep is a tax bill. In fact, income taxes can be your single largest expense in retirement.”...

Tuesday, January 9, 2024

There has been growing concern about future tax increases. At Harford Financial Group, we specialize in holistic planning, particularly in retirement income and tax management. In this blog post, we will focus on the significant...

Tuesday, December 19, 2023

In my life, I have learned that conventional wisdom is either not valid or it has changed. For instance, many of you know I am interested in health and wellness. So much of what we have been told about diet and exercise is untrue. It...

Tuesday, December 5, 2023

This is the 3rd in our series of common investment mistakes. One of the things that fascinates me is neuroscience and how our minds work as humans. Combining neuroscience and finance is the field of behavioral finance. It is the...

Tuesday, November 28, 2023

In a refreshing turn of events, the financial markets have recently experienced a significant surge, with U.S. and global equities soaring over 7% to kick off November. This substantial upswing may begin an extended run, and investors...

Thursday, November 23, 2023

This blog is part two of our series Mistakes in Client Thinking. We share this not to make people feel bad, but being on the front line, we see folks follow much of the media-invoked panic. A famous investment book called "The Madness...

Monday, November 13, 2023

Recently, I had a client express her concerns about the Government, long-term concerns about debt, and the effect of the economy. I have shared my thoughts on these in other posts, so I am not going over that now. It was her follow-up...

Tuesday, November 7, 2023

In marriage, we promise to love each other for better, worse, richer, and poorer, in sickness and health, until death do us part. The death of a spouse is emotionally overwhelming, and the grief is real. While often not discussed, an...

Monday, October 30, 2023

At HFG, we are committed to life-centered financial planning. Mitch Anthony and Paul Armison founded life-centered financial planning. Certainly, money is important, and there is no denying it; however, life-centered financial planning...

Tuesday, October 17, 2023

Which sounds better to you, a chance at taking your dream vacation or the guarantee that you are going on your dream vacation? When it is locked in and guaranteed, you can see yourself there. You can smell the salty air at the beach....

Tuesday, October 3, 2023

When it comes to choosing a continuing care facility for yourself or a loved one, it's important to do your research. One of the most important steps in the process is asking the right questions. By asking the right questions, you can...

Tuesday, September 19, 2023

Choosing a continuing care community can potentially be a daunting task. At Harford Financial Group, we want to help you discover that it does not have to be. With so many options available, it's natural to feel overwhelmed when...

Tuesday, September 5, 2023

At Harford Financial Group, our investment committee is constantly monitoring the economy and financial markets. Over the last two years or so, the prevailing theme has been inflation and how the Federal Reserve is using interest rates...

Tuesday, August 22, 2023

The United States’ national debt is over $32 trillion dollars and many of our clients have expressed their concerns about higher tax rates in the near future. In this light, does moving money from pre-tax accounts, like an IRA,...

Tuesday, August 8, 2023

It seems as we age, we begin to have more and more ailments. I was recently chatting with a family member about some health challenges that she is having. We reflected on her battle in the early 2000s with Lyme disease and how twenty...

Tuesday, July 25, 2023

A lot continues to go on behind the scenes here at Harford Financial Group. Every day we are working harder to deliver higher levels of service to our great clients like you. We are committed to holistic financial planning that covers...

Tuesday, July 11, 2023

I'm even more delighted than usual to report to you at midyear on the events of the last six months, and on the further progress of our long-term plan. But first, as always, a brief review of our principles.The Ideas That Guide UsOur...

Friday, June 30, 2023

As parents, planning for your children's college education and your own retirement is a significant financial challenge. Striking the right balance between these goals requires careful consideration and thoughtful decision-making. This...

Thursday, June 15, 2023

Every day we wake up and we want to improve and get better. HFG has had a 40 plus year tradition and we never want to rest on our laurels. Our clients are depending on us to make a difference in their lives. Our best clients are busy...

Tuesday, May 30, 2023

With the costs of healthcare continuing to rise year over year, Health Savings Accounts or HSAs are becoming an increasingly more popular way to save money on health care expenses and reduce tax liability. HSAs are tax-advantaged...

Monday, May 15, 2023

You are turning 65 in the next couple of months and all of the literature you receive in the mail, the ads you see on the tv and your friends remind you to sign up at age 65 or you will receive a PENALTY!  That could be true or...

Friday, April 28, 2023

In 2022, the state of Maryland passed a tax relief bill that aims to reduce taxes for its retirees. This new state income tax credit is available to individuals aged 65 and over who receive pension income, income from a qualified...

Friday, April 14, 2023

Having a set amount for retirement is not the entire picture. You need to consider all of your income sources including pensions and Social Security.

Monday, March 27, 2023

One of the things that our clients value is that we monitoring their finances and the financial situation. During times like now in the midst of the banking crisis that has affected SVB, Signature, First Republic, and Credit Suisse,...

Wednesday, March 15, 2023

It’s hard to believe, but 2023 will be my twenty-fifth year with Harford Financial Group. I know many of our clients have been with us for even longer! Through the years together, we have seen a lot of changes in the investment...

Tuesday, March 7, 2023

An IRMAA, or Income related Medicare adjusted amount, is an additional payment that Medicare beneficiaries could be subject to pay depending on their income level. The thresholds for IRMAA fees change each year. Additional IRMAA...

Tuesday, February 21, 2023

2022 was a HARD year for investments.  Most folks were met with envelopes or emails containing statements that were down far more times than up last year. It hurt your heart and it hurt ours – no one likes seeing balances...

Tuesday, February 7, 2023

The fact of the matter is corrections happen regularly and are to be expected when investing.

Tuesday, January 24, 2023

From our beginning over 40 years ago, Matt Rehak, our founder believed in both the fiduciary standard of putting our client’s first but our role as a research and education organization that benefits our clients. As many of you...

Tuesday, January 10, 2023

Market timing is not impossible to do. Short-term trading strategies have been successful for hedge funds, portfolio managers and full-time investors who use chart analysis, economic forecasts, and sometimes even gut feelings to decide...

Tuesday, January 3, 2023

One of my favorite TV shows was Game of Thrones on HBO. One of the sayings in the show was “Winter is Coming”. It was a foreboding quality for the protagonists that war with their enemies was coming.In the past 2 years, the...

Tuesday, December 27, 2022

The consumer price index (CPI) is a measure of the average change over time in the prices paid by consumers for goods and services. Over the long term, inflation erodes the purchasing power of your income and wealth. This means that...

Tuesday, December 13, 2022

The Callan Periodic Table of Investment Returns shows the value of taking a diversified approach to investing.

Tuesday, November 29, 2022

As famous French poet Anatole France is quoted to say, "To accomplish great things, we must not only act but also dream, not only plan but also believe." One of the most important decisions a person going into adulthood must decide is:...

Tuesday, November 15, 2022

Unfortunately, in 2022, as we have had the stock bear market, we have also had one of the worst bond markets ever with bond indexes down 10 to 15%.

Thursday, November 10, 2022

The application for Federal loan forgiveness was just announced October 17th. In this blog post we will tell you everything you need to know about this debt relief opportunity. We will cover, what federal loan forgiveness is, how much...

Monday, November 7, 2022

It really struck me that as a Financial Advisor, I need to continuously communicate to (1) manage what reasonable expectations should have when investing (2) what is the value that a financial advisor actually provides.

Thursday, October 27, 2022

Tuesday, November 8th 2022 – Midterm Election Day…a day that can move markets.

Thursday, October 20, 2022

As I have communicated in other blog posts and writings, I love so much about financial planning. It is my professional calling in life. One of the areas that I particularly love is behavioral finance which is essentially the...

Tuesday, October 18, 2022

Estate Tax is a tax on your right to transfer property at your death. Everything you own or have a financial interest in at death become part of your estate.

Thursday, October 13, 2022

There is ample research that we have seen that says in times of bear markets that psychologically it is okay to not look at statements because seeing the losses off of previous highs can cause investors to make emotional decisions.

Tuesday, October 11, 2022

Determining the price of college it is important to consider the types of aid that may be offered to an eligible student.

Tuesday, October 4, 2022

Planning for college costs. Steps you can take to lessen the burden.

Tuesday, October 4, 2022

Inheritance tax and estate tax sound very similar and are both often called “death taxes” but they are different. The key difference between estate and inheritance taxes is who is responsible for paying the tax bill.

Tuesday, September 27, 2022

Filling out the Free Application for Federal Student Aid, or FAFSA, is one of the most important steps students and their families can take to pay for college.

Sunday, September 18, 2022

There are a lot of websites that offer free credit reports – there is only one that is authorized by the US government – annualcreditreport.com.

Thursday, September 8, 2022

You can view past webinars on our website.

Thursday, September 1, 2022

As a Fiduciary and Certified Financial Planner, we believe in holistic financial planning. It is not just talking about investments but also about retirement income, estate planning, tax management, cash flow and debt management,...

Thursday, August 25, 2022

The number one thing that can wreak havoc on all of this is if a person has a long-term care event where they become frail. This is one of the top things that I worry about. It is important to have a plan in place to pay for long term care

Thursday, August 18, 2022

We typically do not recommend adding children as joint owners on your assets because that means your asset would become exposed to any legal or financial dealings that your child may have.

Thursday, August 11, 2022

There have been studies on what we call loss aversion – the feelings of loss having a greater emotional impact than corresponding gains and how these feelings get stronger as the steaks grow larger. I have seen investors navigate...

Thursday, August 4, 2022

Getting your legal documents in order is one part of your total estate plan. There are four main documents you will need.The first document that comes to most people’s minds is a will. Your will details your final wishes...

Thursday, July 28, 2022

A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products. You are able to put a beneficiary on vehicles, bank accounts, life insurance policies and investment accounts. You...

Thursday, July 21, 2022

No one wants to think about losing a loved one, especially a spouse. But we have a fiduciary duty to our clients to plan for it. As retirement income specialists, we are always focused on the cash flow of our clients and helping them...

Friday, July 15, 2022

The Wall Street Journal summed up the first six months of the year with a simple but telling headline: [[https://www.wsj.com/articles/global-stocks-markets-dow-update-06-30-2022-11656487667-11656574533 S&P 500 Posts Worst First Half of...

Tuesday, July 12, 2022

Medicare is health insurance for people 65 or older. You are first eligible to sign up for Medicare 3 months before you turn 65. Below are some frequently asked questions we receive about Medicare.When do I sign up?Generally, when you...

Tuesday, July 5, 2022

A Roth IRA conversion involves the transfer of retirement assets from a traditional IRA or 401k into a Roth IRA. You would pay income tax on the money that you convert, but you will be eligible to make tax-free withdrawals from the...

Monday, June 27, 2022

Bitcoin, Ethereum, Litecoin… all words none of us had probably heard of five years ago but are starting to show up more and more in the news. These are all forms of cryptocurrency and the goal of this article is to give you a...

Thursday, June 23, 2022

Retirement accounts such as 401k’s, 403b’s, and IRAs are a great way to save for retirement. Such accounts are funded with pre-tax dollars, which grow tax-deferred, and investors can enjoy a tax break during their working...

Thursday, June 16, 2022

We have all heard of the periodic table of elements but what is the Callan Periodic Table of Investment Returns? This table looks to graphically depict annual returns for various asset classes and ranks them from best to worst. The 9...

Friday, June 10, 2022

Cybersecurity is on the forefront on people’s minds – I am hearing a lot more about nefarious activities.  It seems the baby boomer generation is at a higher risk of being targeted.  Thankfully there are some...

Monday, May 30, 2022

In the media business, they tell reporters to not bury the lead. So in that spirit, the quick answer to the question can someone time the market to avoid the pain of loss, is yes! However, there is a big caveat. Just like having a...

Monday, May 23, 2022

Taxes can be confusing and stressful. There are two kinds of tax deductions - standard and itemized.

Thursday, May 19, 2022

Tuesday, May 17, 2022

Friday, May 13, 2022

Tuesday, May 10, 2022

Thursday, May 5, 2022

Tuesday, May 3, 2022

Monday, April 18, 2022

Thursday, March 31, 2022

Monday, March 21, 2022

Monday, March 14, 2022

Friday, February 4, 2022

Thursday, January 20, 2022

Friday, January 14, 2022

Friday, January 7, 2022

Monday, December 20, 2021

Monday, December 6, 2021

We have integrated two philosophies and concepts in how we serve our clients: (1) Life Centered Financial Planning and (2) Holistic Financial Planning. We want to work in our communications on giving you clarity why we do what we do it.

Tuesday, October 5, 2021

In response to the feedback that we are getting from our clients, we realize our clients want us to provide comprehensive and holistic planning advice as compared to product centered advice. Melissa and I are both Certified Financial...

Tuesday, September 21, 2021

Recently, Melissa, Diane, and I attended some fantastic continuing education training that went over the proposed tax legislation changes that President Biden and his administration are putting forward. The budget deficit and national...

Tuesday, September 14, 2021

Diane Kurek joined Harford Financial Group in August of 2002. She transitioned to the insurance department in 2008. Diane is featured in our latest video explaining the four type of long term care. You can watch the video by clicking...

Wednesday, September 8, 2021

When we receive real estate questions from clients we always refer them to our own real estate expert, Paul Smeton. Paul has owned commercial, residential and vacation rental properties and has worked in the mortgage industry prior to...

Monday, January 11, 2021

The Week on Wall Street Shrugging off COVID-19 infections and the disruption at the Capitol on January 6, stocks powered higher to kick off a new year of trading.The Dow Jones Industrial Average gained 1.61%, while the Standard &...

Monday, January 4, 2021

The Week on Wall Street Stocks moved higher during a holiday-shortened week of trading, capping off a turbulent, but otherwise strong year for equity investors. The Dow Jones Industrial Average gained 1.35%, while the Standard &...

Monday, December 21, 2020

The Week on Wall Street Stocks climbed higher amid the COVID-19 vaccine rollout and an improving outlook for a fiscal stimulus bill.The Dow Jones Industrial Average, which has lagged all year, gained 0.44%. The Standard & Poor’s 500...

Monday, December 14, 2020

The Week on Wall Street Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill. The Dow Jones Industrial Average dipped 0.57%, while the Standard & Poor’s 500 dropped 0.96%. The Nasdaq...

Tuesday, December 8, 2020

The Week on Wall Street Stocks marched higher last week on an improving outlook for the passage of a fiscal stimulus package. The Dow Jones Industrial Average rose 1.03%, while the Standard & Poor’s 500 tacked on 1.67%. The Nasdaq...

Monday, November 30, 2020

The Week on Wall Street Stocks surged last week, ignited by another COVID-19 vaccine announcement, encouraging economic data, and the easing of political uncertainty.The Dow Jones Industrial Average rose 2.21%, while the Standard &...

Monday, November 23, 2020

The Week on Wall StreetDespite news of another COVID-19 vaccine candidate, stocks were mixed amid investor anxiety over an increase in new infections and economic lockdowns.The Dow Jones Industrial Average fell 0.73%, while the...

Wednesday, November 18, 2020

We are very proud of Jennifer Eyre who has been selected as a member of Cambridge's Diversity & Inclusion Council.Check out the article from The Baltimore Sun that Jen was recently featured in. CLICK HERE to read the article.

Monday, November 16, 2020

The Week on Wall Street News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh...

Monday, November 9, 2020

The Week on Wall Street Stocks soared last week as investors anticipated that a split Congress would raise legislative hurdles to changing corporate taxes and adjusting regulatory oversight of big technology companies.The Dow Jones...

Monday, November 2, 2020

The Week on Wall Street Stock prices dropped last week as hopes for a fiscal stimulus bill faded and investors focused on rising COVID-19 infections, here and abroad. The Dow Jones Industrial Average slid 6.47%, while the Standard &...

Monday, November 2, 2020

As our team focuses on retirement income, people often ask us the difference between an IRA (Individual Retirement Account) and 401(k), 403(b), or TSP (Thrift Savings Plan). The best place to start is how they are similar. Both of them...

Wednesday, October 28, 2020

We hope that everyone is doing well and continuing to stay safe and healthy. As I write this we are in the home stretch of the election. We know that this election has virtually everyone concerned. For those of you who have talked to...

Monday, October 26, 2020

The Week on Wall Street The failure to reach an agreement on a new fiscal stimulus bill soured investor sentiment and sent stocks modestly lower for the week. The Dow Jones Industrial Average fell 0.95%, while the Standard & Poor’s...

Monday, October 19, 2020

The Week on Wall Street Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies.The Dow Jones...

Monday, October 12, 2020

The Week on Wall Street Stocks staged a powerful rally last week, riding a wave of optimism over the prospect of the passage of a new fiscal stimulus bill.The Dow Jones Industrial Average rose 3.27%, while the Standard & Poor’s 500...

Monday, October 5, 2020

The Week on Wall Street Stocks advanced last week, propelled by hopes that legislators may reach an agreement for a new fiscal stimulus package and optimism generated by a few corporate deal announcements and initial public offerings....

Monday, September 28, 2020

The Week on Wall Street Stocks were mixed last week as worries that stretched from Washington D.C., where prospects of a new fiscal stimulus bill dimmed, to Europe, which saw an increase of new COVID-19 cases.The Dow Jones Industrial...

Monday, September 21, 2020

The Week on Wall Street Stocks slipped as the technology sector remained under pressure and a mid-week announcement by the Federal Reserve failed to inspire investors.The Dow Jones Industrial Average declined 0.03%, while the Standard...

Friday, September 18, 2020

Did the initial headline capture your attention? If it did, that was the purpose. Part of our value to you as our client is to help guide and research things for you. In the past several months, many clients have reached out to us and...

Monday, September 14, 2020

The Week on Wall Street Stocks traveled a volatile path last week as investors appeared concerned about the upcoming elections, an uncertain economy, and more delays with additional fiscal stimulus. The Dow Jones Industrial Average...

Tuesday, September 8, 2020

The Week on Wall Street A late week sell-off sent stocks broadly lower as investors took some profits after stocks reached all-time highs earlier in the week. The Dow Jones Industrial Average slid 1.82%, while the Standard & Poor’s...

Tuesday, September 1, 2020

Because we specialize in retirement income planning within the broad scope of comprehensive financial planning that includes tax planning, insurance planning, investments, financial planning, and estate planning, it is crucial that we...

Monday, August 31, 2020

The Week on Wall Street Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate. The Dow Jones Industrial...

Thursday, August 27, 2020

One of the biggest concerns that virtually all of us have is having adequate health insurance coverage. This is true under normal times and it seems that only is heightened as Covid-19 has occurred. In our relationship with you as our...

Monday, August 24, 2020

The Week on Wall Street Stocks powered to another week of gains as the S&P 500 and Nasdaq Composite set multiple new record highs along the way.The Dow Jones Industrial Average was essentially unchanged while the Standard & Poor’s 500...

Thursday, August 20, 2020

At Harford Financial Group, we are constantly working at improving our ability to communicate with you as our client. One of the big things we are trying to emphasize is that we are comprehensive and holistic financial planners who...

Tuesday, August 18, 2020

Greetings, Often times when a person starts working with a company, they do it for a specific reason and or they need help to serve a specific problem. Additionally, just as we as people are constantly changing and evolving, so do...

Monday, August 17, 2020

The Week on Wall StreetStock prices drifted higher in an otherwise quiet news week, as a slowdown in new COVID-19 cases outweighed a Congressional impasse on a new fiscal-spending measure. The Dow Jones Industrial Average gained 1.81%...

Monday, August 10, 2020

The Week on Wall StreetOverlooking stalled efforts by Congress to pass a new fiscal stimulus bill, stocks marched higher last week with the Dow Jones Industrials leading the way and the NASDAQ Composite setting multiple fresh record...

Monday, August 3, 2020

The Week on Wall Street Stocks were mixed last week amid a busy week of earnings, some troubling economic data, and seemingly little progress on a new fiscal stimulus package.The Dow Jones Industrial Average slipped 0.16%, while the...

Monday, July 27, 2020

The Week on Wall Street Stocks slipped in the final days of trading last week on higher jobless claims and rising tensions in the U.S.-China relationship. The Dow Jones Industrial Average lost 0.76%, while the Standard & Poor's 500...

Monday, July 20, 2020

The Week on Wall StreetStocks were mixed last week as investors reacted to positive economic data, progress on a COVID-19 vaccine, and the continued nationwide increase in COVID-19 cases. The Dow Jones Industrial Average gained 2.29%,...

Monday, July 13, 2020

The Week on Wall StreetStock prices notched solid gains last week, looking past an increase in COVID-19 cases and any potential economic concerns raised by the trend. The Dow Jones Industrial Average increased by 0.96%, while the...

Monday, July 6, 2020

The Week on Wall StreetIn a holiday-shortened week, stock prices turned higher as encouraging economic data outweighed an increase in COVID-19 cases and a rollback in economic re-openings.The Dow Jones Industrial Average rose 3.25%,...

Monday, June 29, 2020

The Week on Wall StreetA jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery. The Dow Jones Industrial Average slumped 3.31%,...

Monday, June 22, 2020

The Week on Wall StreetStocks moved higher last week on news of more Federal Reserve market support and diminished concerns that new COVID-19 cases might lead to another economic shutdown. The Dow Jones Industrial Average rose 1.04%,...

Monday, June 15, 2020

The Week on Wall StreetInvestor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where reopening has been underway as well as a subdued economic forecast from the Federal Reserve. The Dow Jones...

Wednesday, June 10, 2020

We recently did an economic outlook and state of the markets with Morgan Smith with Horizon Investments. We looked at where the economy is headed.

Monday, June 8, 2020

The Week on Wall StreetA positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China.The Dow Jones Industrial...

Wednesday, June 3, 2020

I thoroughly enjoy what I do for a living. Being in the wealth management and investment management field is so rewarding. We get to help people like you live your best lives and combine our talents and passions. One of the biggest...

Tuesday, June 2, 2020

Relationships, Purpose, Service, Value, Teamwork, and Professionalism – The Things That Are Important to Us Hello everyone!!! Throughout my life I had always heard people talk about values and their importance but being young I...

Monday, June 1, 2020

The Week on Wall StreetThe shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose 3.75%, while the Standard &...

Tuesday, May 26, 2020

The Week on Wall StreetUpbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week.The Dow Jones Industrial Average rose 3.29%, while...

Monday, May 18, 2020

The Week on Wall StreetStocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell's unsettling comments on the economy and signs of renewed tensions with China.The Dow Jones Industrial Average fell 2.65%,...

Monday, May 11, 2020

The Week on Wall StreetDespite a historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings, both here and abroad.The Dow Jones Industrial Average gained 2...

Monday, May 4, 2020

The Week on Wall StreetStock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average...

Friday, May 1, 2020

Greetings everyone!!! As another week unfolds as the country and global community deals with Covid-19, we continue to hope all of you are safe and sound. We like many of you out there are so appreciative of those folks on the front...

Monday, April 27, 2020

The Week on Wall StreetStock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question the efficacy of two potential virus treatments.The Dow Jones Industrial Average...

Wednesday, April 22, 2020

We are thinking of everyone as the Covid-19 challenges continue. First of all, we are glad everyone continues to be safe. As we are talking to everyone, folks are expressing a mixture of gratitude and frustration. Folks are grateful...

Monday, April 20, 2020

The Week on Wall StreetStock prices pushed higher last week as news of a White House plan to reopen the economy and reports of a potential COVID-19 treatment helped the market overcome weak economic data and an ugly start to the...

Wednesday, April 15, 2020

When is the next recession? That’s one of the most frequently asked questions we hear. And for good reason. The coronavirus outbreak has caused disruptions in unprecedented ways, sparking the first bear market in 11 years....

Wednesday, April 15, 2020

As Covid-19 crisis continues, I have heard folks complain about the expression “unprecedented times and uncertain times”. However, the reality is that we are truly living during unprecedented and uncertain times. We have...

Monday, April 13, 2020

The Week on Wall StreetThe stock market staged a broad rally this week, buoyed by the prospect that COVID-19's grip on the nation may be easing and news of another Federal Reserve program to help stabilize businesses.The Dow Jones...

Monday, April 6, 2020

The Week on Wall StreetModest declines in stock prices this week masked the volatile inter- and intraday price swings as investors digested poor economic data and a warning from the president that the worst days of the COVID-19...

Thursday, April 2, 2020

We hope that you are safe and sound! Many thoughts and prayers sent your way. Today, we have 3 main points we want to emphasize as we are dealing with the chaos of Covid-19. In previous email, we discussed the provisions of the CARES...

Wednesday, April 1, 2020

News of the Senate’s unanimous passing of the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” or “CARES Act”, late Wednesday, drove a historic rebound across risk assets for the 3-day...

Wednesday, April 1, 2020

We hope that you are safe and sound as the Covid-19 crisis continues. At a time like this we are particularly grateful for so many folks to include our medical professionals, public servants like law enforcement and other first...

Monday, March 30, 2020

An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in stock prices. The Dow Jones...

Monday, March 23, 2020

The Week on Wall StreetThe stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy...

Monday, March 23, 2020

We hope first and foremost that you and your loved ones continue to be safe and healthy. That is our number one concern! At this point, we are continuing to work and serve. We are set up to run virtually if we need to do so. Helping...

Monday, March 23, 2020

Dear clients, We at Harford Financial Group have been reading many perspectives at recent volatility that is taking place in the markets. We want to share these insights with you so that you have multiple perspectives in making...

Monday, March 23, 2020

In your investing lifetime, you may only see a situation like the recent novel coronavirus (COVID-19) a few times. This is a circumstance where complete candor is necessary. The truth is that we can’t yet gauge the full economic...

Monday, March 23, 2020

Hello everyone! We hope that you are okay and healthy. As we discussed in one of last weeks emails we are drawing from a lot of different sources. As you read these messages, some of them may seem repetitive. We recognize that...

Monday, March 23, 2020

As I write this as if the fears of the Corona virus are not enough, a compounding effect of sudden drop in oil due to challenges with Saudi Arabia and Russia have added to sell-off of stocks and what can be deemed panic. There are...

Monday, March 23, 2020

One thing I did not explicitly state in previous message is at Harford Financial Group our mission is to serve and provide value to you as clients and people looking for help. To do this we must push ourselves to be outstanding and to...

Monday, March 23, 2020

One of the long-term legacies of Harford Financial Group that Matt Rehak, our founder, established was a commitment to comprehensive financial planning that covers retirement income planning, investment management, tax planning,...

Monday, March 23, 2020

We hope everyone is doing well. Your health is paramount of our concerns so that is the main thing. There is no doubt as businesses and governments are closing or curbing activities, there is an economic impact. In last several days,...

Monday, March 23, 2020

We want to thank those of you have commented to us that you have found these helpful to get through these trying times. Know we are writing these for you. We are here to help navigate through this. These happen infrequently but when...

Monday, March 23, 2020

Obviously, the Coronavirus is top news with many organizations cancelling activities and closing for a finite period of time. We are currently open but we are monitoring the situation and plan to stay abreast of public health...

Monday, March 16, 2020

The Week on Wall StreetMarkets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices.The Dow Jones Industrial Average fell 10...

Monday, March 16, 2020

What’s an investor to make of the recent violent upheaval in the stock market? Does the spread of the new coronavirus outside of China signal a pandemic that will spark a global recession? On February 19, the stock market as...

Wednesday, March 11, 2020

Equity market losses trigger marketwide trading halt Equity markets opened sharply lower this week, triggering the first marketwide trading halt during market hours since 1997.After trading resumed in the morning, equities remained...

Monday, March 9, 2020

The Week on Wall StreetHeightened coronavirus fears, falling yields, and Super Tuesday primary results sent stocks on a rollercoaster ride of sharp price swings, leaving stocks marginally higher for the week.The Dow Jones Industrial...

Monday, March 2, 2020

The Week on Wall StreetStocks fell sharply last week as Wall Street considered how the coronavirus outbreak might influence global business activity and household spending.The selloff became a correction for the U.S. markets. The S&P...

Monday, February 24, 2020

The Week on Wall StreetTraders paid close attention to coronavirus developments and earnings last week, while wondering how the former might eventually impact the latter. Concern over updated infection numbers moderated risk appetite.A...

Tuesday, February 18, 2020

The Week on Wall StreetDaily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence. All three Wall Street benchmarks improved. The Nasdaq Composite rose 2.21%,...

Monday, February 10, 2020

The Week on Wall StreetStocks advanced four days out of five during the past market week, erasing the losses of the week before. The Nasdaq Composite surged 4.04%, the S&P 500 3.17%, and the Dow Jones Industrial Average 3.00%. Foreign...

Monday, February 3, 2020

The Week on Wall StreetStock benchmarks declined for a second straight week as coronavirus news tempered risk appetite.The S&P 500 fell 2.14% on the week. The Nasdaq Composite dipped 1.76%, and the Dow Jones Industrial Average, 2.55%....

Monday, January 27, 2020

The Week on Wall StreetStock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus.Foreign stock markets, as tracked by the broad MSCI EAFE index, fell 1.03% for the week....

Tuesday, January 21, 2020

The Week on Wall StreetTraders were in an upbeat mood last week, reacting to news out of Washington: the signing of the phase-one trade deal between the U.S. and China as well as the Senate passage of the U.S.-Mexico-Canada Agreement...

Tuesday, January 14, 2020

The Week on Wall StreetThe market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued their...

Monday, January 13, 2020

The Week on Wall StreetThe market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued their...

Monday, January 13, 2020

The Week on Wall StreetThe market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued their...

Monday, January 6, 2020

The Week on Wall Street Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike that killed Iran's top military officer. Oil prices rose more than 3% following the breaking news.[1] Wall Street benchmarks...

Monday, December 30, 2019

What Drove the Markets? Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and China, earnings, and the economy. Stocks reached record highs in 2019. The...

Monday, December 16, 2019

The Week on Wall Street The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign stocks, leading to weekly gains. Advancing 0.91% on the week, the Nasdaq Composite outperformed the S&P 500...

Monday, December 9, 2019

The Week on Wall Street Key Wall Street benchmarks were up and down last week – or rather down and then up. A Tuesday retreat was offset by a Friday rally spurred by the Department of Labor’s November jobs report. While the S&P 500...

Monday, December 2, 2019

The Week on Wall Street As November wrapped up, U.S. equity benchmarks advanced. Stocks were again aided by a sense of optimism that a preliminary U.S.-China trade deal could be near. For the week, the Nasdaq Composite added 1.87%;...

Monday, November 25, 2019

The Week on Wall Street Stocks declined last week as mixed signals emerged about the progress of U.S.-China trade negotiations. The three major Wall Street benchmarks all took weekly losses. The Dow Jones Industrial Average declined 0...

Monday, November 18, 2019

The Week on Wall StreetStock benchmarks were little changed for much of last week, but a rally occurred Friday after news broke that the U.S. and China could be closing in on the first phase of a new trade pact. At Friday's close, the...

Monday, November 11, 2019

The Week on Wall Street Domestic and international stocks rose last week. Risk appetite outweighed concerns about the state of U.S.-China trade discussions. The Dow Jones Industrial Average, Nasdaq Composite, S&P 500, and MSCI EAFE...

Monday, November 4, 2019

The Week on Wall Street A better-than-forecast jobs report prompted a stock market rally Friday, two days after traders witnessed another interest rate cut by the Federal Reserve. Both the S&P 500 and Nasdaq Composite ended the week...

Monday, October 28, 2019

The Week on Wall Street The S&P 500 came within 0.1% of a record close Friday. Stocks were lifted last week by positive news on U.S.-China trade negotiations, plus earnings announcements. The Nasdaq Composite posted the largest weekly...

Monday, October 21, 2019

The Week on Wall Street Earnings helped give the Nasdaq Composite and S&P 500 a slight lift last week, offsetting investor disappointment over the small scope of the preliminary U.S.-China trade deal reached on October 11. Blue chips...

Monday, October 14, 2019

The Week on Wall Street Stock prices pushed higher last week, as investors remained hyper-focused on any new developments with the U.S. trade negotiations with China. The Dow Jones Industrial Average picked up 0.91%, while the...

Monday, October 7, 2019

The Week on Wall Street The fourth quarter started with a mixed week for equities. The Dow Jones Industrial Average lost 0.92% for the week; the S&P 500, 0.33%. In contrast, the Nasdaq Composite improved 0.54%. Overseas stocks pulled...

Monday, September 30, 2019

The Week on Wall Street Stocks retreated last week. Traders worried that the formal impeachment inquiry of President Donald Trump might distract White House officials from their pursuit of a trade deal with China, and shift the focus...

Monday, September 23, 2019

The Week on Wall Street Investors reacted to two major news items last week, one far more of a surprise than the other. The Federal Reserve did indeed make a rate cut, matching Wall Street expectations. Drone strikes on two of the...

Monday, September 16, 2019

The Week on Wall Street Stocks edged toward all-time peaks during a relatively calm week marked by easing trade tensions. Friday marked the eighth straight daily advance for the Dow Jones Industrial Average.[1] Small-cap shares, as...

Monday, September 9, 2019

The Week on Wall Street Stocks rose last week, with help from two developments: the announcement of further U.S.-China trade talks as well as August hiring and manufacturing numbers that seemed to bolster the argument for a rate cut...

Tuesday, September 3, 2019

The Week on Wall Street Fears of an impasse in the U.S.-China trade dispute lessened last week. While additional U.S. tariffs on Chinese imports were scheduled to take effect on September 1, China's government communicated that it...

Monday, August 26, 2019

The Week on Wall Street Traders assumed that the week's biggest news event would be Federal Reserve Chairman Jerome Powell's speech at the annual Jackson Hole banking conference. Instead, China seized the headlines by announcing new...

Monday, August 19, 2019

The Week on Wall Street U.S. stock indices saw significant ups and downs last week, with traders looking for economic cues from Treasury yields and also developments in the tariff fight between the U.S. and China. The S&P 500 lost 1...

Monday, August 12, 2019

The Week on Wall Street Stocks spent much of last week rebounding from a Monday drop that reflected nervousness about the U.S.-China trade fight. By Thursday's closing bell, the S&P 500 had regained all its Monday losses - but it...

Monday, August 5, 2019

The Week on Wall Street Last week, the Federal Reserve cut interest rates for the first time in more than a decade, in line with Wall Street's expectations. Ironically, stocks had their worst week of 2019. The S&P 500 finished the...

Monday, July 29, 2019

The Week on Wall Street Last week, investors assessed earnings and the initial estimate of second-quarter economic growth, while awaiting the Federal Reserve's next announcement about interest rates. Stocks rose for the week;...

Monday, July 22, 2019

The Week on Wall Street Stock benchmarks retreated during the first week of the second-quarter earnings season. As some big names shared quarterly results, investors seemed more interested in what might happen at the Federal Reserve's...

Monday, July 15, 2019

The Week on Wall Street Friday, the S&P 500 settled above 3,000 for the first time, after rising 0.78% for the week. The Dow Jones Industrial Average chalked up a milestone of its own: the blue chips ended the week above 27,000,...

Monday, July 8, 2019

The Week on Wall Street U.S. stock benchmarks opened a new quarter positively. The S&P 500 gained 1.65% in the opening week of July; the Dow Jones Industrial Average, 1.21%; the Nasdaq Composite, 1.94%. Overseas, stocks in developed...

Monday, July 1, 2019

The Week on Wall Street A month of gains for stocks ended with a weekly retreat. The S&P 500 lost 0.30%; the Nasdaq Composite, 0.32%; the Dow Jones Industrial Average, 0.45%. In contrast, overseas shares, tracked by the MSCI EAFE...

Monday, June 24, 2019

The Week on Wall Street The S&P 500 hit an all-time peak of 2,964.03, in intraday trading Friday, while improving 2.20% across five market days. The Dow Jones Industrial Average and Nasdaq Composite posted respective, 5-day advances...

Monday, June 17, 2019

The Week on Wall Street Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE developed markets...

Monday, June 10, 2019

The Week on Wall Street Stocks rallied during a week in which Wall Street was buffeted by headlines. The S&P 500 rose 4.41%. The Nasdaq Composite and Dow Jones Industrial Average respectively added 3.88% and 4.71%. The MSCI EAFE index...

Monday, June 3, 2019

The Week on Wall Street Stocks struggled during a 4-day market week as the U.S.-China trade standoff continued to weigh on the minds of market participants. From the Friday, May 24 close to the Friday, May 31 close, the S&P 500...

Tuesday, May 28, 2019

The Week on Wall StreetStocks drifted lower last week as investors considered the possibility that the world's two largest economies might take some time to resolve key trade issues. The S&P 500 retreated 1.17%; the Nasdaq Composite,...

Monday, May 20, 2019

The Week on Wall Street Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. Even so, the major indices had a down...

Monday, May 13, 2019

The Week on Wall Street As we noted recently, Wall Street has a wandering eye. Last week, it focused on the new tariff threats in the ongoing U.S.-China trade dispute. Stocks fell across five trading sessions: the Dow Jones Industrial...

Monday, May 6, 2019

The Week on Wall Street Stocks were up and down last week, and the three major benchmarks ended up little changed after five trading days. The S&P 500 rose 0.20% for the week; the Nasdaq Composite, 0.22%. The Dow Jones Industrial...

Monday, April 29, 2019

The Week on Wall Street Stocks returned to record territory, with both the S&P 500 and the Nasdaq Composite closing at historic highs. The S&P gained 1.20% for the week; the Nasdaq, 1.85%. The Dow Jones Industrial Average lagged,...

Monday, April 22, 2019

The Week on Wall Street A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and the Dow Jones...

Monday, April 15, 2019

The Week on Wall Street Stocks broke out of a narrow range on Friday following news that two major banks grew their bottom line in the first quarter. For the week, the S&P 500 rose 0.79%; the Nasdaq Composite, 0.91%. The Dow Jones...

Monday, April 8, 2019

The Week on Wall Street Stocks just posted their second straight weekly gain. Investors were encouraged by the latest jobs report and new signs of progress on a U.S.-China trade deal. The Dow Jones Industrial Average advanced 1.17% in...

Monday, April 1, 2019

The Week on Wall Street Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from Treasury Secretary Steven Mnuchin encouraged investors, referring to "constructive" discussions...

Monday, March 25, 2019

The Week on Wall Street Friday, the yield of the 3-month Treasury bill exceeded the yield of the 10-year Treasury note for the first time in 12 years. For some analysts, this "inverted yield curve" may imply a short-term lessening of...

Monday, March 18, 2019

The Week on Wall Street The big story last week was the sudden grounding of Boeing 737 Max 8 and 9 passenger jets in dozens of countries. The financial effects of this ban could potentially impact the airline industry and segments of...

Monday, March 11, 2019

The Week on Wall Street As in February, investors spent most of the first full trading week of March hoping for new details in U.S.-China trade negotiations. While they waited, stock benchmarks drifted downward. From Monday's open to...

Monday, March 4, 2019

The Week on Wall Street Stocks lost a little ground as February gave way to March. While domestic and overseas political developments made headlines, the market stayed relatively calm: from Monday's open through Friday's close, the...

Monday, February 25, 2019

The Week on Wall Street Stocks rallied last week as optimism about a potential U.S.-China trade deal grew. The S&P 500 advanced 0.80% during the 4-day trading week to 2,792.67. The Nasdaq Composite improved 0.86% to 7,527.54, and the...

Tuesday, February 19, 2019

The Week on Wall Street Stocks ended a good week on a high note, as hints of progress in U.S.-China trade talks encouraged investors. When the closing bell rang Friday, the S&P 500 settled at 2,775.60, after rising 2.50% in five days....

Monday, February 11, 2019

The Week on Wall Street Major U.S. stock benchmarks eked out slight gains last week, with corporate profit reports and news about U.S.-China trade negotiations vying for investor attention over five trading sessions. The big three...

Monday, February 4, 2019

Last week closed out one of stocks' top January performances in years. In fact, both the S&P 500 and Dow posted their best January results in at least 3 decades.[1] For the week, major domestic indexes were also up. The S&P 500 gained...

Monday, January 28, 2019

For the first time in months, U.S. markets experienced little movement last week.[1] The Dow and NASDAQ did have their 5th week of gains in a row, but their increases were small: 0.12% and 0.11%, respectively. Meanwhile, the S&P 500...

Tuesday, January 22, 2019

U.S. markets were up again last week, as major domestic indexes posted their 4th weekly gains in a row.[1] In fact, the S&P 500 was no longer in correction territory at Friday's close - and was in the middle of its best yearly start...

Monday, January 14, 2019

After months of volatility, markets relaxed a bit last week. For the first time since October, the S&P 500 went 5 days without a 1% gain or loss.[1] The Cboe Volatility Index, or VIX, also fell to lower than 20 - in December, it...

Monday, January 7, 2019

U.S. markets experienced more wild sessions last week before ending in positive territory as the recent turbulence continued. In fact, we are currently in the middle of some of the most volatile market performance in more than eight...

Monday, December 31, 2018

The close of the year provides an opportunity for investors to step back and consider the wider financial landscape. This week, we're reviewing some key issues that defined 2018, as well as some factors that may influence financial...

Monday, December 24, 2018

Last week, domestic markets had some of their worst performance in 10 years.[1] The S&P 500 lost 7.05%, the Dow declined 6.87%, and the NASDAQ dropped 8.36%. All three indexes have now lost at least 8% in 2018.[2] On Friday, December...

Monday, December 17, 2018

Last week brought more volatility to the markets. While domestic indexes had some rallies as positive trade news emerged earlier in the week, by Friday, December 14, they had erased any gains. The last time major U.S. indexes ended in...

Monday, September 10, 2018

Do You Send Participants Notices via Email? Should you?

Thursday, January 5, 2017

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