Especially Now, Let’s Focus on What Matters Most

When we look back at 2020, it will likely be viewed as one of the most volatile years in memory: a once-a-century global pandemic, civil unrest across our country, and one of the most contentious and divided elections we’ve ever seen.

The world feels a bit on its head right now. And uncertainty is around every corner.

We expect that this sentiment will only intensify leading up to the elections on November 3rd and will likely continue until the COVID-19 pandemic is behind us.

With so much happening, it can be easy to get lost in the sheer amount of news, data, and decision-points that this pandemic has brought into our lives. And when that happens, it can make clear thinking and strategic planning feel impossible.

The goal, and the challenge, is defining what tangible things we should be focusing on today, tomorrow, and the next day.

The question is: with so much happening, what should we focus on?

We like to follow the drawings of Carl Richards, who has a way of elegantly depicting investing and planning topics. The sketch at the top of this post does a great job explaining the concept that is the subject of this piece. We encourage you to focus on the small intersection of “things that matter” and “things you can control.”

The team at SWP is here to support you and your financial well-being, whatever 2020 brings next. If you need additional support or guidance during the coming weeks and months, please connect with our team.

This newsletter contains general information that is not suitable for everyone. The information contained herein should not be constructed as personalized investment advice. Past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this newsletter will come to pass.  Investing in the stock market involves gains and losses and may not be suitable for all investors. Information presented herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security.

Strategic Wealth Partners (‘SWP’) is an SEC registered investment advisor with its principal place of business in the State of Illinois. The brochure is limited to the dissemination of general information pertaining to its investment advisory services, views on the market, and investment philosophy. Any subsequent, direct communication by SWP with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of SWP, please contact SWP or refer to the Investment Advisor Public Disclosure website (https://www.adviserinfo.sec.gov).

For additional information about SWP, including fees and services, send for our disclosure brochure and Client Relationship Summary as set forth on Form ADV from SWP using the contact information herein. Please read the disclosure brochure carefully before you invest or send money (http://www.stratwealth.com/legal).

Financial Planning
Exit Your Business in Style: 5 Steps to Financial Freedom for Business Owners
Running a successful business takes a considerable amount of time and effort, and it can leave business owners without much of an opportunity to think about an eventual exit. However, a well-crafted exit strategy can make for a smooth sale or handover of the business, and it can also help ensure that you move forward to the next chapter in your life with the financial security you’ve worked so hard to build. In this article, we will discuss the 5 steps that can help you exit your business in style.
Read More
Financial Planning
Divorce and Your Estate Plan: Eight Steps to Take
There’s nothing easy about divorce. It feels as though your entire life changes overnight and it’s hard to manage the whirlwind of priorities as you look for your next right step. And while there are a lot of steps to manage, an important one is to ensure that your financial plan matches your “new normal.” By this I mean making certain that your needs, newfound priorities, and redefined goals are reflected in your plan, and a great way to start this is by updating (or creating) your estate plan.  But where do you start? In my experience, there are eight key issues you should think about and discuss with your estate planning attorney as soon as practical following a divorce. As part of this, please give your divorce decree to your estate planner to make sure they are aware of your obligations.
Read More