Positive Signs of a Growing Economy

Frank Yozwiak

Weekly Update

Key Takeaways: Publicly traded companies will be releasing earnings reports over the next several weeks. Economists believe growth so far coupled with forecasted growth for the remainder of the year will result in great GDP growth. Consumers are still holding abnormally large amounts of cash savings, setting the stage for a large return of consumer … Continued

The Grey Area of Paying Off a Mortgage Early

Frank Yozwiak

Atheneum

A key question that soon-to-be retirees often face is whether or not to eliminate a debt before retirement.  Generally, we would love to see all our clients enter their retirements debt free.  However, there could be some instances where making monthly debt payments is not necessarily a bad thing (i.e., zero-percent financing on a car).  … Continued

Toilet Paper… and Pork?

Frank Yozwiak

Weekly Update

A little over a year ago, in March 2020, life as we then knew it was drastically changed.  Many of those who were fortunate enough to remain employed found themselves working at home for the first time.  March Madness was cancelled, Disney World closed its gates, and toilet paper seemed to rank highly among the … Continued

Don’t Worry, There’s Still Time for 2020

Frank Yozwiak

Weekly Update

I know what you are thinking.  It is on everyone’s mind.  “2020 was so much fun, such a great year, I wish it would stay 2020 forever.”  (Disclaimer: as a new father, I am now qualified to make bad jokes).  Well, unfortunately I cannot bring back 2020, but I do have some good news: there’s … Continued

Summary of Recent Presidential Memoranda and Executive Orders

Frank Yozwiak

Weekly Update

As we at Ballast have done throughout the year, we want to continue to give updates on some of the goings-on related to the Coronavirus – especially those with financial effect.  In that context, earlier this month, President Trump signed several presidential memoranda and executive orders with the stated goal of providing some economic relief … Continued

Items to be Reviewed Amid COVID-19

Frank Yozwiak

Weekly Update

We are living in a different world than we were just two weeks ago. Below, we have laid out several changes and topics that may need to be reviewed more closely given the other changes in our current situation. This is not an exhaustive list, just a few tidbits we thought would be helpful as … Continued

Have a Plan, and Stick to It

Frank Yozwiak

Weekly Update

One of the most important pieces of advice we give to our clients is to have a plan and stick to it.  Whether you are five years away from retirement, have already been retired for five years, or are at the beginning of your career, you should have a plan for how to invest your … Continued

The Benefits of Working with a Financial Advocate

Frank Yozwiak

Weekly Update

Key Takeaways: Investors who work with a financial advocate are more successful than those who do not. Working with a financial advocate helps take emotion out of the investing equation. We help our clients create, and stick to, their long-term financial plans.   For many people, likely most people, the first time they’ll ever see … Continued

Thoughts About Estate Plans

Frank Yozwiak

Weekly Update

There is a misconception that you only need an estate plan if you are extremely wealthy – this is simply not true.  A sound estate plan is an integral part of any overall financial plan.  An estate plan is the best way to ensure that those you love and care about will be taken care … Continued

The Inverted Yield Curve of March 2019

Frank Yozwiak

Weekly Update

Key Conclusions: Part of the U.S. Treasury yield curve inverted in March of 2019 An inverted yield curve may be correlated to a recession – correlation is not causation Yield curve inversions do not predict the severity or length of recessions   Perhaps you’ve already heard the news: On Friday, March 22, 2019, the yield … Continued