It was as recent as late 2017 when bitcoin last enjoyed a meteoric rise with its price approaching $20,000 per coin in December. Following that peak, bitcoin has endured a series of ebbs and flows, bottoming in January 2019 at $3,450 per coin, but its price is once again rising. Since March 2020, bitcoin is [...]
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So far Tom Scanlon has created 10 blog entries.
Describing 2020 in one word would be “tumultuous”. COVID-19 spun life as we know into a tailspin and the financial markets were not immune to that. High debt for the country, inflation concerns, and Bitcoin booms are all on the radar moving into the new year. Read the Newsletter
This continues to be one of the most unpredictable years in recent memory, as markets remained strong in the third quarter despite a resurgence in coronavirus cases. Equity markets rallied thanks to a combination of accommodative Fed policy, hopes for a COVID-19 vaccine, and a stronger-than-expected economic rebound. Read the Newsletter
Beaumont receives this industry recognition for the fourth consecutive year Needham, MA (July 30, 2020) – Beaumont Financial Partners, LLC (“Beaumont”) today announced that it has been named to the 2020 Financial Times 300 Top Registered Investment Advisors. The list recognizes top independent RIA firms from across the United States. Beaumont was selected as one [...]
While only half over, 2020 has proved to be an unprecedented year thus far. The global pandemic seems to have changed our world forever. In this ever-changing world, one thing has not changed: our commitment to provide you sound, stable advice as we navigate these uncertain times together. We are happy to share our Q2 [...]
Together we are facing a truly unprecedented situation as the global COVID-19 pandemic impacts our way of life. We all understand that these are difficult times for everyone and hope to recover from this pandemic soon, as a stronger global community. As you stay safe at home, we are happy to share our Q1 2020 [...]
This update summarizes the developments of the most massive stimulus bill in American history, the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act will provide billions of dollars of relief to individuals, businesses, state and local governments, and the health care system suffering the impact of the COVID‐19 coronavirus in the United [...]
A Health Savings Account (HSA) is among the most flexible tax-advantaged savings tools available today. Among the key attributes of HSA plans are that they provide their users the ability to save for future healthcare expenses and also provide another method to help investors save for their retirements in a tax-deferred way. What is a [...]
You work hard, save, and take care of your money throughout your life. Therefore, you also need a good plan in place for estate taxes and inheritances to ensure your money goes where you want it to after you pass on. Follow along below to better understand the basics of how estate and gift taxes [...]
Historically, traditional asset classes such as stocks (equity), bonds (fixed income), and cash have been the primary tools used to build a diversified portfolio. Stocks provide the opportunity for long-term growth, while bonds have typically preserved investor capital and provided current income in the form of regular interest payments. As we have highlighted in previous [...]