Optimum Wealth Management, LLC

We are in independent RIA based in Georgia. We concentrate on Investment Management and Retirement Planning for Delta Air Line Pilots.

fidelity.com

Stock market 2020 | What's ahead for stocks | Fidelity

Hello Everyone,

Below is another very good article from Fidelity's Jurrien Timmer regarding what may be ahead for the stock market.

Hope all is going as well as possible.

Check it out :-)!

fidelity.com History shows that the best returns for stocks often happen when earnings growth is the worst. Learn where things stand for the 2020 stock market so far-and what's ahead here.

fidelity.com

Valuing stocks | Rising prices and falling earnings | Fidelity

Hello Everyone,

Below is an absolutely EXCELLENT article that discusses the possible market outcomes after this Covid-19 is somewhat behind us. I highly encourage you to read this!
My estimate is that that stock market will recover in a fashion somewhere between #3 and #4, as I estimate share buybacks will be reduced for a couple years.

Take Care,

Mike Cordak

fidelity.com The disconnect between rising stock prices and falling earnings is making it difficult to assess the market's valuation. Learn how to value stocks here.

fidelity.com

US Stock Market | Signs of a holding pattern | Fidelity

Happy Easter Everyone!

Here is a very good article on where Fidelity thinks the markets and our economy may be headed. I tend to agree.

I highly encourage you to check it out!

Warm Regards,

Mike

fidelity.com The stock market has likely entered a holding pattern or consolidation of sorts, which would be fairly typical after the crashing phase of the bear market. Read more here.

fidelity.com

COVID-19 Stimulus Package | Economic security & aid | Fidelity

Hey there everyone,

I think this the most I've ever posted :-)!

Good article below detailing the benefits of the various Covid-19 stimulus bills.

Check it out.

Best,

Mike Cordak

fidelity.com The Coronavirus Aid, Relief and Economic Security (CARES) Act includes provisions for Americans and businesses impacted by COVID-19. Learn about stimulus package here.

fidelity.com

Global economy & COVID-19 | The future of stocks | Fidelity

Hello All,

Here is a quick read from Fidelity's Jurrien Timmer regarding their take on where the market may be heading.

Check it out.

Hope you are all doing as well as possible.

Take Care,

Mike Cordak

fidelity.com With the sudden shocking blow to the global economy and the equally shocking US fiscal/monetary policy response it's easy to wonder: What's next? Read more here.

wsj.com

Stocks Suffer Worst Quarter Since 2008

Hello All,

Wanted to pass this article on to you regarding the first quarter's performance...or should I say lack there of!

I'm happy to say that Optimum Wealth Management clients were down substantially less than the S&P 500 was down :-)

Contact me if you want to discuss your own investment situation.

Best Regards,

Mike

wsj.com U.S. stocks finished their worst quarter since the financial crisis, a stunning blow for the market that few investors could have anticipated at the start of the year.

barrons.com

Airline Stocks Are Getting Hammered — and the Worst Is Yet to Come

Hello Everyone,

I wanted to share this interesting article with you, especially with my Delta pilot clients.

Check out what they have to say about Delta surviving this Covid-19 crisis!

Best Regards,

Mike Cordak

barrons.com Airlines like Delta, United and American are facing an unprecedented demand shock, and some analysts are warning of even more downside if travel doesn’t pick up soon.

wealthmanagement.com

Federal Relief Package Will Be a Disaster for Long-Term Investing

Hello Everyone,

I hope all of you are doing as well as possible during this Covid-19 crisis!

Below is one of the best articles I have read in years!! It brings up the true problem with the industry standard "balanced" portfolio. This is especially more apparent and applicable in a post Covid-19 world!

It's exactly why I have the specific management philosophy that I do, for guarding and growing people's nest eggs since 2008.

I HIGHLY RECOMMEND you read this well constructed piece!!

Sincerely,

Mike Cordak

wealthmanagement.com As everyone continues to safeguard their health and well-being, it is also important to think about what your portfolio and financial future will look like once this unprecedented global event has dissipated.

go.fidelity.com

Hello Everyone,

Hope you have been weathering the storm ok so far. Here is a good article to read especially in light of what we have gone through in the past couple weeks and will most likely be going through for at least a couple more weeks.

Best Regards,

Mike

go.fidelity.com

marketwatch.com

The coronavirus is making the weakest parts of the U.S. corporate debt boom wobble. Analysts say brace for things to get worse

Hello Everyone,
Last week was one of the most concentrated and compressed declines I have seen in the stock market.However, there has been something on my mind for over a year now.
It has to do with corporate bonds.
I highly encourage you to read this below article to get an understanding of what is happening in the corporate bond market, as it could be the linchpin that eventually destroys the stock market.

Best Regards,

Mike

marketwatch.com The rapid spread of the coronavirus is dealing a blow to confidence in the biggest U.S. corporate debt boom on record, here’s why analysts think the pain...

fidelity.com

Quarterly market update 2020 | Late cycle and lower rates | Fidelity

Hello Everyone,

I hope 2020 is going well for all of you.

Below is a great update for Q1 2020. There is also a nice 3 minute video in the article as well. I encourage you to check it out :-)!

Best Regards,

Mike Cordak

fidelity.com Fidelity's quarterly market update and analysis provides the current top insights on the US & global market. Learn what you need to know about the third quarter here.

marketwatch.com

Tax breaks for college tuition and medical expenses just came back from the dead — read this before filing your taxes

Hello Everyone and welcome to 2020 :-)!

Below is some very good news if any of these tax provisions apply to you.

I encourage you to check out the below article!!

Best Regards,

Mike

marketwatch.com You may have to amend your 2018 return to fully cash in.

marketwatch.com

Inheriting a parent’s IRA or 401(k)? Here’s how the Secure Act could create a disaster

This is a good read regarding a bad aspect of the new Secure Act that will go in to effect on 1/1/2020.

I invite you to check this out.

Warm Regards, Mike

marketwatch.com Beneficiaries and account holders should review any documents about inheriting an IRA or 401(k) now.

forbes.com

Millennials Can Reach Retirement Early—If They Avoid These Mistakes

Hello Everyone,

I think this is a great article to read and abide by for anyone from 16=years old!

Please check this out!

Warm Regards,

Mike

forbes.com Millennials are looking to gain financial independence much sooner than previous generations. But to do that, they need to avoid some major pitfalls that could derail their plans.

Happy Black Friday Everyone!

As a Financial Advisor I have a suggestion for you.......

Optimum Wealth Management, LLC's cover photo

Optimum Wealth Management, LLC

Optimum Wealth Management, LLC's cover photo

fidelity.com

Budgeting in retirement | Fidelity

Hello Everyone,

Here is a good article for folks getting close to retirement. Please check it out if you are getting close to that special day :-).

Best Regards, Mike Cordak

fidelity.com It's never too late to start budgeting, even if you just retired. Start by understanding your essential expenses and how you can use guaranteed sources of income, like Social Security, pensions, and annuities, to pay for them.

Optimum Wealth Management, LLC's cover photo

Optimum Wealth Management, LLC's cover photo

wsj.com

It’s Time to Start Worrying About the National Debt

Hello Everyone,

Here is an article about a subject that has the potential to affect all of us...and not in a good way!

I hope you find interesting and helpful.

Best Regards, Mike Cordak

wsj.com Expecting economic growth to rescue the U.S. from unprecedented federal deficits is a dangerous gamble, as history shows.

wsj.com

Inflated Bond Ratings Helped Spur the Financial Crisis. They're Back.

This is an article about the resurgence of inflated bond ratings that were the main cause of the "Great Recession" in 2008.
It has a great visual explanation of how bond deals get done. Check it out!

Best Regards,

Mike Cordak

wsj.com Inflated Bond Ratings Helped Spur the Financial Crisis. They're Back.

fidelity.com

Quarterly market update 2019 | Global growth uneven | Fidelity

Hello Everyone,

Here is a brief Q3 Market Update that I think you will find helpful :-).

Best Regards,

Mike Cordak

fidelity.com Fidelity's quarterly market update and analysis provides the current top insights on the US & global market. Learn what you need to know about the third quarter here.

fidelity.com

How much will you spend in retirement? | Fidelity

Hello All,

With several of my clients retired or coming up on retirement I found this to be a very relevant and good article.

Best Regards, Mike

fidelity.com If you know your annual income today as a preretiree, expect to spend between 55 percent and 80 percent of that amount every year throughout retirement. See how housing and health care, and other spending categories change once you retire.

fidelity.com

Tax deductions to consider - Fidelity

Hello Everyone, Here is an informative and timely article regarding taxes. I hope you find it helpful :-).

Best Regards, Mike

fidelity.com The biggest secret to getting the most from tax deductions is planning and recordkeeping. Find out more here.

marketwatch.com

Why new tax rules make Roth accounts better than ever

Here is a good article regarding Roth IRA's and 401k's. The article has a good point regarding the present tax laws.

Best Regards, Mike

marketwatch.com Get money into tax-free vehicles now.

federalreserve.gov

Federal Reserve issues FOMC statement

Below is the statement from the Fed regarding todays' and future interest rate hikes. This is definitely Not what the market wanted to see and as a result sold off today. I'll have further analysis and commentary for my clients tomorrow.

Best Regards,

Mike

federalreserve.gov Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic acti

fidelity.com

www.fidelity.com

Wednesday is going to be an important day for the market. Read this article to find out why.

Best Regards, Mike

fidelity.com Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by...

fidelity.com

Roth Conversions: things-to-know - Fidelity Investments

Hello Everyone,

Good article on converting to a Roth IRA. Lots of issues to consider here, so I suggest you read it!

Best Regards,

Mike

fidelity.com Keep taxes, costs, time, and more in mind when considering a Roth IRA conversion when you are in or near retirement.

wealthmanagement.com

Twelve Tips for Filling Out the FAFSA, CSS Profile

Hello Everyone, Here is a god article for those of us with college age kids! Check it out.

Warm Regards, Mike

wealthmanagement.com The main financial aid forms are available Oct. 1. Parents with college-bound kids shouldn’t wait to fill them out.

institutional.fidelity.com

What Will My Savings Cover in Retirement?

Here is another good article regarding retirement planning...check it out :-). Warm Regards, Mike

institutional.fidelity.com Plan for your savings to provide 45% of your pretax, preretirement income.

institutional.fidelity.com

How Much Do I Need to Save for Retirement?

Wondering if you have enough retirement savings built up? Check out this article to get a better idea of where you stand. Best Regards, Mike

institutional.fidelity.com Fidelity's rule of thumb: Save 10x your income by age 67.

forbes.com

Congress Blesses Roth IRAs For Everyone, Even The Well Paid

Hello All,
This is a good video regarding the ability to utilize a Roth IRA as a savings vehicle, especially if you are subject to the "phase out", for your retirement Nest Egg.

forbes.com After the new tax law, Roth IRAs make sense for even more retirement savers because Congress blessed backdoor Roths.

wealthmanagement.com

Potential Changes for Workplace Retirement Plans

Good Morning, Interesting piece here regarding possible changes for small company retirement plans and distributions from your IRA's.

Best Regards,
Mike

wealthmanagement.com Trump’s executive order means guidance and recommendations around MEPs, and RMDs will culminate in federal proposals within a year.

Want your business to be the top-listed Finance Company in Woodstock?

Click here to claim your Sponsored Listing.

Location

Telephone

Address


2033 Cresthaven Walk
Woodstock, GA
30189-6716
Other Financial Planning in Woodstock (show all)
Roswell Asset Advisors, LLC Roswell Asset Advisors, LLC
220 Heritage Walk, Suite 202
Woodstock, 30188

We give investors confidence to explore the financial markets. We help our clients navigate the ever-changing path to a successful retirement. We educate our clients to help them make important financial decisions, worry less and enjoy more.

TruChoice Atlanta TruChoice Atlanta
300 ParkBrooke Place, Suite 200
Woodstock, 30189

SW Group SW Group
3227 S Cherokee Ln, Ste 1340
Woodstock, 30188

Bookkeeping, Accounting, Payroll, Consulting, Business & Individuals Tax Planning, Business & Individuals Tax Filling, RS Representation and cost reduction to maximize your wealth with integrity, expertise and professionalism

Quay Financial Group, Inc. Quay Financial Group, Inc.
1005 Weatherstone Pkwy, Ste 210
Woodstock, 30188

Full service Financial Planning & Wealth Management. Securities and Advisory Services offered through Woodbury Financial Services, Inc.

Dryden Tax & Accounting Services Dryden Tax & Accounting Services
225 Creekstone Rdg
Woodstock, 30188

Our only business is your success.

Stoker Accounting Services Stoker Accounting Services
202 River Park North Dr
Woodstock, 30188

"We solve tax problems." Located off of Sixes Road in Woodstock, GA.

Pete Levy Financial Advisor Pete Levy Financial Advisor
345 Creekstone Rdg
Woodstock, 30188

Financial Advisor at Ameriprise Financial Services, Inc. Chartered Financial Consultant

Goodwin Investment Advisory Goodwin Investment Advisory
3380 Trickum Rd, Bldg 800, Ste 102
Woodstock, 30188

Investing in your bigger, better future.

Rogers Insurance Agency Rogers Insurance Agency
635 Molly Ln Ste 210
Woodstock, 30189

Log on, Call, or Stop by to speak with me or one of my Associates about your Insurance needs with an "On Your Side" review of your coverages.

Accounting Connections, LLC Accounting Connections, LLC
2624 Gladstone Ter
Woodstock, 30189

We are a full service accounting and tax firm handling individuals as well as small businesses. As Certified QuickBooks ProAdvisers we implement & train on all QuickBooks products.As Enrolled Agents we can represent you before IRS.

Triumph Wealth Advisors Triumph Wealth Advisors
2230 Towne Lake Parkway, Building 800-Suite 130
Woodstock, 30189

Triumph Wealth Advisors is an investment management firm that operates through a select network of independent advisor representatives.

Steve Divine Farmers Insurance Steve Divine Farmers Insurance
106 Mirramont Lake Dr
Woodstock, 30189

Providing products and educating people in Georgia about insurance.