Week In Review

Markets Close Down Despite Positive Banking News

Despite earnings reports generally beating estimates and a rising 10 yr treasury yield, banking stocks – and the markets – closed down for the week. Annex Wealth Management’s Dave Spano and Derek Felske discuss.



Did You Donate To A Charity This Holiday Season?

2020 brought changes to retirement plans and challenges to retirees and people looking forward to retiring. The CARES Act, the SECURE act, a global pandemic, election uncertainty, and civil unrest introduced new laws and procedures that directly affected retirement plans and encouraged some people to retire early.




Consider These 11 Reasons To Start Estate Planning | Part 2

Last week, we started out the year with things to get you thinking about creating your estate plan. This week we continue on the same path with a few more things that may help move estate planning to the top of your to-do list in 2021.


Ask Annex

What Financial Planning Concepts Should I Have Learned In 2020?

Randy Winkler, CFP, Manager, Annex Planning Team answers this week’s Ask Annex question:

2020 reinforced the importance of having an emergency fund. When everything is going great, the economy is booming, the market is up, no one likes having money sitting in cash earning virtually nothing. But when something unexpected happens, like a pandemic, health issues, or job loss, then you’re very happy to have these cash reserves.

It’s advisable to keep 3 to 6 months expenses in your emergency fund in liquid assets. Think of your emergency fund like having insurance; you don’t really appreciate it until you need it.


Know The Difference Minute

Neil Young Cashes In


Neil Young has sold the rights to half of his publishing catalog for $150 million to Hypnosis, which co-owns at least 1/3rd of Spotify’s most-played songs.



Know The Difference Minute

The Science Of AI Returns


Amazon and Walmart are putting AI to work to determine the economics behind returns.



Know The Difference Minute

Streaming Wars


Netflix is being challenged by Disney Plus, which has grown to 86 million subscribers. Netflix has announced an ambitious release schedule of 70 original movies this year, with at least one per week.