We hope your 2019 is off to a happy and healthy start. As we finally have begun to remember to write ‘19’ on checks and other date lines, we want to remind you that all of us at Mission Point are only a call or email away for the rest of the new year.
Although young, February has already featured a lackluster Super Bowl and an ice storm – causing many local schools to have yet another Snow Day – some districts have already had eight in 2019! We hope the Groundhog was right in his prediction and we seen an early start to spring. A quick note to the fellas – Valentine’s Day is a week away, so make sure the flowers are ordered and reservations are made. Or if that’s not necessary, enjoy Singles Awareness Day!
I’m sure many of you watch the State of the Union last night. The state of the market is currently good with the S&P 500 ticking up 7.9 percent – the best January the market has seen since 1987. However, that did follow a December decline of 9.6 percent – the biggest loss for that month since 1931. As always, we preach patience amidst the volatility. We are always monitoring your account and its performance and our confident in each individual plan for the long haul. We will discuss this and much more at our annual ‘Forecast’ event on March 7. More info on that will be sent out soon!
This month’s newsletter delves into the many benefits of a health savings account, tax scams to watch out for, a great explanation into the different types of mutual funds and a discussion on both the costs of and potential future of vehicles.