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APRIL 2020

FINANCIAL PLANNING NEWSLETTER

 

Published By Legend Financial Advisors, Inc.®

 

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OVERVIEW

This newsletter discusses improving your finances and is a service, provided courtesy of Legend Financial Advisors, Inc.® (Legend).  Legend serves clients nationwide.  


WEBCASTS


Upcoming Webcasts:

The SECURE Act And How It Could Affect Your Retirement And Estate Plan presented by James J. Holtzman, CFP®

 

Wednesday, April 29th at 7:00 p.m. Eastern Time Register Now

Thursday, April 30th at Noon Eastern Time Register Now

 

How The CARES Act Impacts You? presented by James J. Holtzman, CFP®

Wednesday, May 13th at 7:00 p.m. Eastern Time Register Now

Thursday, May 14th at Noon Eastern Time Register Now

 

Registration is free.  Please feel free to invite relatives, friends, colleagues, etc. to attend. 


Other On Demand Webcasts Available:

To watch and/or view Legend’s entire list of Webcasts created in 2019 and 2018, please go to www.legend-financial.com/webcasts.  New Webcasts will be posted to this location on the Website within a few days of each live event.


 

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ARTICLES


How Much Lower Can Stocks Go?:

 

No one knows if stock prices bottomed or if they could go lower.  It’s known that profits ultimately drive stock prices.  What’s the picture of 2020 and 2021 profit expectations in the context of recent market panics?  Significantly, the virus crisis currently prices stocks at a 12.3 multiple of earnings expected for 2021.  Every $1.00 of profits expected to be earned in 2021 currently accounts for $12.30 of the average Standard & Poor's 500 company's share price.  How does this compare to market panics in the recent past?  Learn more by reading How Much Lower Can Stocks Go?”.  For further information, contact Legend’s Lou Stanasolovich, CFP® at (412) 635-9210.


Coronavirus Fear And Investing For The Long Run:

 

Seeing the stock market plunge on news about Covid-19 is unnerving but is not so unusual.  It's human nature to get worried amid a market plunge and think this is the plunge from which there is no recovery.  Coronavirus is not the first time investors faced a crisis that seemed like it could break the world's financial economic system.  Learn more by reading Coronavirus Fear And Investing For The Long Run”.  For further information, contact Legend’s James J. Holtzman, CFP® at (412) 635-9210.


Harsh Truth: Covid-19 Correction Is A Tax Planning Opportunity:

The human toll of Covid-19, in sickness, suffering, and death is incalculable.  Preliminarily, CNN's Dr. Sanjay Gupta says Covid-19 transmission rate is about the same as the common flu but 20 times more likely to be fatal.  The ultimate toll remains unimaginable.  A harsh truth, however, for millions of Americans, is that the stock market plunge presents a tax and financial planning opportunity.  Learn more by reading Harsh Truth: Covid-19 Correction Is A Tax Planning Opportunity”.  For further information, contact Legend’s James J. Holtzman, CFP® at (412) 635-9210.


China Poses A Hidden Risk For Many 401(k)s:

The coronavirus has focused renewed attention to the risk of investing in China, but China may pose a hidden risk to retirement investors holding emerging markets funds.  More than a third of emerging markets funds typically are comprised of Chinese stocks.  For example, 35.0% of the holdings of the MSCI Emerging Markets Index, the widely used index against which emerging markets investments are benchmarked, are in Chinese stocks.  Many 401(k) investors may be unaware that a third of their emerging markets investments are invested in China.  Learn more by reading China Poses A Hidden Risk For Many 401(k)s”.  For further information, contact Legend’s  Lou Stanasolovich, CFP® at (412) 635-9210.


SIGN UP FOR “THE GLOBAL INVESTMENT PULSE

Pulse.pngThe Global Investment Pulse is an innovative, cutting-edge economic and investment newsletter published by Legend Financial Advisors, Inc.® and EmergingWealth Investment Management, Inc.®.  It is designed to assist investors as to how better investment portfolios are built.  Articles and charts on both current and historical trends for the domestic and international markets are included.  To view The Global Investment Pulse, please visit www.legend-financial.com/global-investment-pulse where the latest issues are available.

To subscribe to receive complimentary issues of The Global Investment Pulse on a monthly basis, please visit www.legend-financial.com/subscribe.

 

SPEAKING ENGAGEMENTS

Podium.pngLegend’s advisors are available to speak and/or make a presentation, free of charge, to any organization.  Please contact Chris Kail at (412) 635-9210 to discuss any speaking opportunities.  Legend’s advisors can speak on any number of financial subjects.  Typical Audiences include senior citizen groups, investment clubs, medical societies, religious organizations, educational institutions, divorce, widows/widowers, AARP, and professional groups.

 

ABOUT LEGEND

Legend Financial Advisors, Inc.® (Legend) is a Fee-Only1, Fiduciary U.S. Securities and Exchange Commission registered investment advisory firm with its headquarters located in Pittsburgh, Pennsylvania.  Legend provides Personalized Wealth Management Services including Financial Planning and Investment Management Strategies to individuals and families, business entities, medical practices and non-profit organizations as well as retirement plans.  Legend and its advisors are Fiduciaries.  Legend serves clients nationwide.

 

Legend’s Fee-Only And Transactions Disclosure:

 

Contact Us:

5700 Corporate Drive, Suite 350
Pittsburgh, PA 15237

Phone: (412) 635-9210
Fax: (412) 635-9213

E-mail: legend@legend-financial.com
Website: www.legend-financial.com

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