In early March 2020, amidst the realization that the Coronavirus pandemic was going to remain a major medical, social, and economic health risk, the US Federal Reserve slashed the fed funds rate target to 0-0.25%. Investors were then soothed by Fed guidance in June that […]
Read MoreThe Power of Diversification
We preach about diversification constantly at iNNOVA Wealth Partners, so we begin by apologizing for beating a dead horse if you have spoken to us before. However, the reason we are so adamant about it is because it’s one of the most powerful moves you […]
Read MoreUnderstanding Risk: It’s Not the Destination, it’s the Journey
“It’s not the destination, it’s the journey.” – Ralph Waldo Emerson Over the last six months many investors have been reminded of what volatility can look like across many assets and asset classes alike. Increased volatility may or may not be over, but as educated […]
Read MoreHave you considered your financial and emotional capacity for risk?
There’s a saying at Innova Wealth Partners that “if you don’t know your risk tolerance, the market will teach it to you”. Unfortunately, over the last few months, many investors were taught by an unforgiving teacher! There hasn’t been as significant a test of our […]
Read MoreCARES Act: 5 Important Impacts to Retirement Accounts
The CARES Act provided a massive stimulus to businesses and hopefully the economy when it was passed a week ago. There is a myriad of opportunities provided for small and large businesses as well as individuals in the legislation. For this newsletter we examine the […]
Read MoreWhat Are All Those Financial Terms: An Explanation of Financial Jargon in the News Today
The current major events that have rocked the world socially and economically in recent weeks have many investors scrambling to better understand a new financial language in the press today. At Innova Wealth Partners, we look to educate our clients so they are prepared for […]
Read MoreBehavioral Finance: Five Ways Our Brains Trick Us into Irrational Investment Behavior
Our brains evolved in a world where the risk of a lion attack or starving to death far outweighed potential portfolio losses. It’s no wonder that these amazing bio-computers sitting between our ears are ill equipped right out of the box to deal with the […]
Read MoreHappy Birthday 2020: Some important ages and their financial impacts for the coming year
This post will probably become a tradition of ours but even though it might look familiar be sure to read to the end because there have been some important updates you won’t want to miss! There are a set of important ages when it […]
Read MoreSECURE Act: Big Changes to Your Retirement Savings
Recently, the House and the Senate passed a $1.4 trillion spending bill which includes the Secure Act, now one the biggest legislative changes to the US retirement system in years. This bipartisan bill was signed into law by the President as an early Christmas present […]
Read MoreIs Too Much Information Bad for Investors
Is Too Much Information Bad for Investors You’d be hard pressed to find an investor who thought that more information is a bad thing and in general, we agree with that. However, people react to different information in different ways. Let’s take a look at […]
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