OUR BLOG
February 2020
Equities Slip on Virus Concerns – Weekly Update – February 3rd, 2020
The Week on Wall Street Stock 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%. Away from North [...]
January 2020
Jeff Bezos’ iPhone Was Hacked – Here’s How to Protect Your Data
One of the richest men in the world, Jeff Bezos, had his iPhone hacked through a popular messaging app. The Saudi Crown Prince is a suspect but has denied any involvement. You might not be as rich as Bezos or have anything on [...]
New Year, New Law Pt. 4: 4 Ways the SECURE Act Could Affect Your 401(k)
Here’s proof that funding retirement has changed: In 1970, 45% of private sector employees were covered by a pension plan.[1] Now, 4% are covered.[2] Pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a way to [...]
Stocks End the Week Lower – Weekly update – January 27th, 2020
The Week on Wall Street Stock 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. Coincidentally, the S&P 500 [...]
What to Consider Before Signing Up for a Group Travel Tour
Are you planning to travel in 2020? There are many upsides to going on a group tour: Travel arrangements and accommodations are figured out for you, and it’s much harder to get lost when you’re with a group. However, there are also downsides [...]
Fresh Record Highs – Weekly Update – January 21st, 2020
The Week on Wall Street Traders 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 (USMCA). In [...]
New Year, New Law Pt. 3: 4 Ways the SECURE Act Makes Saving for Retirement Easier
The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a response to a changing retirement landscape: Americans are living and working longer, working part-time in retirement, and are less likely to have the option to rely solely on pensions. When personal [...]
4 Predictions About 2020 that Didn’t Come True
Not only are we entering a new year, but a new decade! You might have a lot to look forward to in the coming decade: Maybe your children will graduate from college, maybe you’ll become a grandparent, and maybe you’ll retire. We’ll also [...]
Disclosure: This commentary reflects the personal opinions, viewpoints and analyses of the O’Donnell Financial Services, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by O’Donnell Financial Services, LLC or performance returns of any O’Donnell Financial Services, LLC client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. O’Donnell Financial Services, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.