Our Insights - Page 3 of 10 - Patriot Investment Management Group

What’s Insider Trading And Why It’s a Big Problem

March 1, 2022 by Patriot Investment

There’s a growing bipartisan push to prohibit members of Congress from buying or selling stocks. The shift follows news reports that several senators sold stocks shortly after receiving coronavirus briefings in early 2020 and that at least 57 lawmakers have failed to disclose financial transactions since 2012 as required by law. Congress passed that law – the Stop Trading on Congressional Knowledge Act, also known as the STOCK Act – in 2012 to fight insider trading among lawmakers with increased

If Russia Invades Ukraine, What Should You Do?

February 15, 2022 by Patriot Investment

Wall Street has little recent history to go from, but at least two things are possible Starting in late 2021 and throughout all of 2022, Wall Street has debated what markets might do if Russia invades Ukraine. On February 11th, Jake Sullivan, the White House National Security Adviser, warned that Russia could attack Ukraine any day now and the following day President Biden and Putin spoke on the phone. After that call, the White House said that Biden “was clear

Seven Suggestions for Tom Brady Before Retiring

January 31, 2022 by Patriot Investment

Planning ahead can help turn a stressful retirement into a successful one The day before the AFC and NFC Championships were played on Sunday, ESPN broke news that Tom Brady was officially retiring from football. Well, by the time Sunday night ended and football fans knew that the Los Angeles Rams and Cincinnati Bengals would play each other in Super Bowl LVI on February 13th, it was later reported that Brady told the Tampa Bay Bucs he’s still not sure

Global Market Commentary: Year End 2021

January 14, 2022 by Patriot Investment

Year In Review 2021 was another year filled with concern, whether it was the COVID-19 pandemic, rising inflation, or the Federal Reserve and interest rates. Even with that uncertainty, the US markets still had a very strong performance and by the end of the year: The Dow Jones Industrial Average finished up 20.95% The S&P 500 ended with a gain of 28.71% The NASDAQ was up 22.18% At the beginning of 2021, few investors expected these types of returns. However,

Hoping That Next Year Is When You Retire Early?

December 27, 2021 by Patriot Investment

A pre-retirement checklist to make early (or earlier) retirement a reality As we approach the New Year, maybe the dream of an early retirement starts to take shape in your mind. Maybe you’re researching when you might first qualify for Social Security retirement benefits (hint: for Social Security income, the youngest age when you can apply is 61 years and nine months old – you would then receive your first Social Security check four months later – one month after your

Can We Expect the January Effect to be Effective?

December 14, 2021 by Patriot Investment

As we head for the last trading weeks of 2021, we start thinking about 2022 The January Effect was first noticed by investment banker Sidney Wachtel in 1942 and the theory proposes that a pattern existed in the price of stocks in the last few trading days of December and the first few weeks of January. During this period, particularly starting in January, the theory is that stocks – especially smaller cap stocks – tended to rise. Studies Confirmed –

Home Healthcare Factors for You to Consider

November 30, 2021 by Patriot Investment

Are you thinking about home health care as a solution to providing help with daily activities such as bathing, meal preparation, and housekeeping? Many older individuals benefit from receiving assistance in the comfort of their own homes, allowing them to maintain their independence longer. But, before you agree to at-home care, carefully consider all the factors involved before you hire a home health aide. Let’s face it, bringing a stranger into your home is a big change. So, to help

Plan Your Financial Future as You Do Your Health

November 15, 2021 by Patriot Investment

Just as your health changes over time, markets change even faster Ever hear the phrase, “your financial health?” A good way to appreciate planning your financial future is to see it as akin to maintaining your physical health. If you have a chance, read doctors Jerome Groopman and Pamela Hartzband’s excellent book, Your Medical Mind. The similarities between physical and financial health striking. The authors make the (to some) surprising statement that medicine is actually not an exact science. Financial

Social Security Gets Massive 5.9% Raise in 2022

November 1, 2021 by Patriot Investment

The largest cost-of-living-adjustment since 1982 impacts 90% of seniors On October 13th, the Social Security Administration announced that Social Security and Supplemental Security Income benefits for tens of millions of Americans will increase in 2022. The press release stated the following: “Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 5.9 percent in 2022. The 5.9 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 64 million Social Security beneficiaries in

Quarterly Market Commentary: Third Quarter 2021

October 12, 2021 by Patriot Investment

Markets Struggle In The Third Quarter Global equity markets had a mixed third quarter, but when the final Wall Street-bell rang on September 30th, global markets had not moved very much, despite the final month of the quarter which turned in dismal results. For the third quarter of 2021: The DJIA ended with a loss of 1.5%; The S&P 500 ended up 0.6%; The NASDAQ ended with a loss of 0.2%; and The Russell 2000 ended with a loss of