HCR Wealth Advisors Explains What GDP Numbers Mean For the Economic Outlook
The third-quarter Gross Domestic Product, or GDP, was recently announced with great fanfare. The question asked by most investing and non-investing Americans, including HCR Wealth Advisors, was: “What does that mean to me?” HCR Wealth Advisors feels that a little historical perspective can be useful. First-Quarter (Q1) 2020 GDP — On March 11, the World Health […]
Have You Performed Your Year End Financial Review?
2020 has been an unprecedented year in many regards. However, that should not serve as an excuse to ignore your personal finances. Right now is a great time to consider the following financial planning moves, if appropriate. It is always important to do your best to end the year on a positive note and position […]
HCR Wealth Advisors’ 5 Questions to Ask a Financial Advisor
Few people ask about the philosophy of a financial advisory group before deciding who to hire. Yet, that’s the driving force behind every recommendation that advisors will make to their clients. In the case of HCR Wealth Advisors, that philosophy grew out of a pivotal experience of its Founder and CEO, Greg Heller. Greg’s career […]
HCR Wealth Advisors Prepare Business Owners for Long-Term Success
While not all entrepreneurs are seat-of-the-pants managers, many have achieved success by taking a hands-on approach to running their companies. It gives them a sense of full control over their business operations. And that, in turn, brings them peace of mind because “Who will care about my business more than I do?” The downside comes […]
HCR Wealth Advisors Unpacks the Effects of COVID-19 on the Economy
Everyone has questions about what is happening with the economy right now. With the pandemic, uncertainty has settled on economies and global markets worldwide. Many people, not just investors but also consumers, are keeping an eye on economic progress as we move forward from the economic turmoil caused by COVID-19. HCR Wealth Advisors is no […]
Account Titling and Estate Planning Document Updates
Account titling and beneficiary designations are two key yet often overlooked components of estate planning. Your estate documents will ensure your assets are distributed according to your wishes. However, your trust and will are only part of the framework you need to consider. Having your accounts titled properly and with accurate beneficiary designations will ensure […]
Anatomy of an Economy: Health of the Market in Q3 2020 Part 3
As goes the economy, so goes the market? Not necessarily. HCR Wealth Advisors’ team of experts started this 3-part series by looking at how the U.S. GDP was reacting to the shutdowns and other disruptions caused by the COVID-19 virus. In Part Two, it reviewed how the Fed had responded to the ever-shifting new economic reality. […]
What The Potential Election Outcomes Could Mean for Investors
First, we would be remiss if we didn’t remined investors that markets have enjoyed positive returns under most presidents – regardless of which party. The reason is that generally speaking, markets go up over time. Corporate earnings grow along with businesses, the economy expands, and dividends and inflation provide a boost. As such, markets tend to go up […]
Anatomy of an Economy: HCR Wealth Advisors Expectations for Q3 2020 Part 2
As Q3 2020 unfolds, investors and non-investors alike want to know what to expect from the economy. The experts at HCR Wealth Advisors have put together a 3-part series that addresses the economy from the viewpoint of GDP, the Fed, and the health of the economy going forward. In Part One, HCR Wealth Advisors explored what effect the […]
Generating Yield In a Zero Interest Rate Environment
Carl Aschenbrenner, HCR Wealth Advisors The Federal Reserve’s response to COVID has included cutting interest rates to zero. So what do you do now if you want to generate yield? It’s a difficult question because any answer involves taking risk and managing it in a comfortable enough way to stay with your strategy. U.S. Treasuries, […]