Several weeks from now, Colleen and I will host our children and their spouses for our inaugural Family Financial Meeting. We feel it is the right time to start this valuable practice! They are all in the 30-40 age bracket, making wise financial decisions, and living lives consistent with our faith and values. During this time together, we will share our financial story, talk about God’s faithfulness, and the… Read More
We are excited to announce that, following a building renovation, Master’s Wealth Management will be moving to a new location at 1415 Oregon Rd, Leola, PA 17540. Our anticipated move date is late 2025 or early 2026, based on our current timeline for renovations. We have been happy to call Urban Place in Lancaster our home since 2010 but have been searching for a place to make our own. We… Read More
There is an old saying, “when life gives you lemons, make lemonade!” The problem with that old adage? Making lemonade from lemons requires more ingredients than wishful thinking. Recently, Lyle wrote a blog post highlighting a client’s experience dealing with an unexpected job loss and how, through this stressful time, he ended up finding something more fulfilling. In the blog, Lyle wrote one sentence that stood out to me: “At… Read More
Adversity looks different to many of us, from a lost job or new career path to health issues and natural disasters that impact our business or family. What the term holds in common for all of us, though, is that we will face situations that are difficult to resolve. I recently met with a couple reflecting on their journey. About eight years ago, the husband unexpectedly lost his well-paying corporate… Read More
Recently, my child, a high school freshman, started a personal finance class at school. As a parent, I’m thankful she has the opportunity to increase her financial literacy in a structured way. Although, it reminds me that many financial lessons are learned through the course of daily life. Some adults have not been taught financial literacy, and for them, those lessons can often be learned the hard way. Why We… Read More
Tax season is upon us once again, and as we start accumulating the various forms and documents filling our mailboxes, the process of tax preparation begins. While it can be daunting, each tax document you receive from income sources, investments, or business entities provides a piece of the puzzle to complete the full picture of your income. We have compiled helpful information on the three most common forms you… Read More
This week, we continue our 2024 year in review with a look at how fixed income performed last year. One of the hot topics in the market over the past few years has been the influence of the Federal Reserve’s interest rate decisions. These decisions have certainly affected the fixed income markets, particularly in 2024 as interest rate cuts were made. The Impact of Interest Rates on Bonds The Fed… Read More
If you are one to watch the stock market, you may have noticed that, over the last 10 years or so, the U.S. equity markets are on a hot streak when compared to international stocks. In fact, the hot streak has gone on so long that many investors ask, “Why should I invest in international stocks or equities anymore?” It is this exact question on international markets that we will… Read More
I’m a big ice hockey fan! To be more specific, I’m a big Philadelphia Flyers fan! Of the four major North American sports, ice hockey ranks fourth in popularity. I think for many people, the lack of goal scoring makes ice hockey seem less exciting than other sports. For me, it’s the anticipation of goal scoring that holds my attention. If I get out of my seat for a minute… Read More
Last week, Garry introduced our blog series reflecting on the 2024 investment markets. This week, we’re diving deeper into the stock market’s performance, highlighting key trends and insights. The 2024 Stock Market: Overview 2024 marked another strong year of positive returns for investors. Following the downturn in 2022, patience was rewarded as both 2023 and 2024 delivered substantial gains. In 2024, several stock market indexes achieved outsized returns: the S&P… Read More
