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2020 IRA Deadlines Are Approaching
 – Presented by Mark K. Lund, Investment Advisor

2020 IRA Deadlines Are Approaching
 – Presented by Mark K. Lund, Investment Advisor

Here is what you need to know. Financially, many of us associate April with taxes – but we should also associate December with important IRA deadlines. December 31, 2021 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. April 15, 2021 is the deadline for making annual contributions to…

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The Fiduciary Advisor Report – Monday, March 8, 2021 – Salt Lake County

The Fiduciary Advisor Report – Monday, March 8, 2021 – Salt Lake County

THE WEEK ON WALL STREET Stocks were mixed last week as rising bond yields and heightening inflation fears sent stocks on a wild ride, capped by a remarkable Friday afternoon rally. The Dow Jones Industrial Average gained 1.82%, while the Standard & Poor’s 500 increased by 0.81%. The Nasdaq Composite index fell 2.06% for the…

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Will Updated I.R.S. Tables Create an Opportunity for Retirees?
 – Presented by Mark K. Lund, Financial Planner

Will Updated I.R.S. Tables Create an Opportunity for Retirees?
 – Presented by Mark K. Lund, Financial Planner

Life expectancy table updated for the first time since 2002. If you are retired and have reached your seventies, you may have the opportunity to draw a little less income from your retirement savings accounts in 2022. Next year, the Internal Revenue Service plans to update the life expectancy tables used for the calculation of…

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The Fiduciary Advisor Report – Monday, March 1, 2021 – Alpine Utah

The Fiduciary Advisor Report – Monday, March 1, 2021 – Alpine Utah

THE WEEK ON WALL STREET Stocks dropped amid rising long-term bond yields, with sharp declines in high-valuation growth stocks leading the overall market lower. The Dow Jones Industrial Average slipped 1.78%, while the Standard & Poor’s 500 declined 2.45%. The Nasdaq Composite index, home to many high-valuation growth plays, fell 4.92% for the week. The…

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Earnings Season Gets Underway
 – Presented by Mark K. Lund, Financial Advisor

Earnings Season Gets Underway
 – Presented by Mark K. Lund, Financial Advisor

Quarterly financial reports are here. Every few months, you may hear the phrase “earnings season” as you listen to financial news. But what exactly is “earnings season,” and why is it important to Wall Street? Earnings season is the time when a majority of publicly traded companies release their quarterly financial reports. Companies often go…

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The Fiduciary Advisor Report – Monday, February 22, 2021 – Alpine Utah

The Fiduciary Advisor Report – Monday, February 22, 2021 – Alpine Utah

THE WEEK ON WALL STREET Rising bond yields dampened investor enthusiasm for high-multiple growth companies last week, sending market averages mostly lower in a holiday-shortened week of trading. The Dow Jones Industrial Average gained 0.11% for the week. But the Standard & Poor’s 500 fell 0.71% and the Nasdaq Composite index slid 1.57%. The MSCI…

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2021 Off to a Fast Start – Presented by Mark K. Lund, Financial Advisor

2021 Off to a Fast Start – Presented by Mark K. Lund, Financial Advisor

Market volatility continues into the new year. 2021 has already had many ups and downs. Just because it’s a new year doesn’t mean that the 2020 issues go away, and so far, 2021 has been no exception to this rule. The markets opened on January 4 and traded lower out of the gate, with the…

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The Fiduciary Advisor Report – Monday, February 15, 2021 – Alpine Utah

The Fiduciary Advisor Report – Monday, February 15, 2021 – Alpine Utah

THE WEEK ON WALL STREET Stock prices inched higher last week amid declining COVID-19 cases, a pick-up in vaccinations, and progress on a fiscal relief bill. The Dow Jones Industrial Average gained 1.00%, while the Standard & Poor’s 500 rose 1.23%. The Nasdaq Composite index climbed 1.73% for the week. The MSCI EAFE index, which…

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Distributions from Mutual Funds
 – Presented by Mark K. Lund, Investment Advisor

Distributions from Mutual Funds
 – Presented by Mark K. Lund, Investment Advisor

Watch Your December Statements. This time of year, you might glance at an account statement and see there has been an adjustment. But there may not be any cause for concern. Many mutual funds in December pay shareholders capital gains distributions that they have accumulated throughout the year.1 Typically, mutual fund companies start making estimates…

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The Fiduciary Advisor Report – Monday, February 8, 2021 – Alpine Utah

The Fiduciary Advisor Report – Monday, February 8, 2021 – Alpine Utah

THE WEEK ON WALL STREET Stocks notched strong gains last week, paced by a string of solid economic reports and consensus-beating corporate earnings. The Dow Jones Industrial Average gained 3.89%, while the Standard & Poor’s 500 advanced 4.65%. The Nasdaq Composite index jumped 6.01% for the week. The MSCI EAFE index, which tracks developed overseas…

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