Home and Auto Insurance: Policies, Coverage, and Considerations

Home and Auto Insurance: Policies, Coverage, and Considerations

Continuing our current discussion, we will be looking at various insurance types over the past couple of months. Overall, insurance is a risk management process and a critical step in mitigating risk. Risk is managed by buying the insurance policy to protect against a...
Stock Market Commentary March 2021

Stock Market Commentary March 2021

How the Stock Market is Doing Amid the Pandemic We’ve experienced significant spikes of volatility in the stock and bond markets to end January and now February as well. Typically, when we see big dips in the stock market, bonds begin to cover the slack and offset...
February 2021 Market Commentary

February 2021 Market Commentary

2020 is over. What now? To say that 2020 was an eventful year is an understatement, but 2021 has been interesting as well!  Between the new Covid variants now spreading, the 2nd Trump impeachment, the riots at the capital, and the end-of-month drop in the market...
The Gamestop Short Squeeze- How and Why?

The Gamestop Short Squeeze- How and Why?

The recent news regarding GameStop, AMC, Blackberry, etc. has many individuals wondering, “What exactly is a Short Squeeze?” This blog post will explain from a high-level view what short selling is, what it means to be squeezed, and the major catalysts and results of the recent major events.

2020 Market Year-End Review

2020 Market Year-End Review

2020 Year-End Market Review: A Year That Surprised Everyone There is a high probability that you feel a sense of relief with the conclusion of 2020 after the hardships and pain some have endured due to Covid-19. To say 2020 was an eventful year is an understatement....
Understanding Sequence of Returns Risk

Understanding Sequence of Returns Risk

Here at Summit Financial, we believe the largest risk to a retirement income plan is the Sequence of Returns Risk. In this month’s blog, we will be discussing specifically what this risk is, the affects it can have on retirement, and how we can manage this risk...