Bart Zandbergen, CFP

The Zandbergen Group Who We Serve. Individuals and Families: You've worked hard to create your wealth and take care of your family. If you're now thinking about the future and leaving a legacy to your family, you are not alone. Ensuring a lasting legacy is a high priority for many of the clients we work with. Families often struggle with how to leave a legacy not only for their children but for generations further down the line.... Our approach to multi-generational wealth planning is to begin with a solid foundation; creating family values and a wealth vision is often where we start with families. Learn more: https://zandbergengroup.com/who-we-serve/

Bart’s Bytes: There will always be risks. After a year of living with the fear of COVID-19, many investors are hoping 2021 will bring a return to ‘normal,’ even if the new normal may not be exactly like the old one. Optimism about the future has many investors feeling bullish, according to most of the sentiment surveys listed in Barron’s last week. Financial Times reported, Almost universally, fund managers believe the year will bring a rebound in economic activity, supporting assets that have already soared in value since the depths of the pandemic crisis in March, but also lifting sectors that had been left behind. Bond yields are expected to stay low, lending further support to stock valuations.

The S&P 500 Could Gain Another 10% Next Year, Experts Say. Barron’s cover article sported this optimistic headline and confidently reported, This year brought heartache to Main Street but joy to Wall Street. Next year, if vaccines vanquish the coronavirus, as expected, and the economy rebounds, it could be a time of celebration for both.

Bart’s Bytes: The Federal Reserve met recently and it affirmed it will continue to hold rates near zero and purchase $120 billion of bonds every month. Nalak Das of Nasdaq reported: A low interest rate will reduce the cost of capital for businesses, while consumers will have a lesser propensity to save due to a low deposit rate. Therefore, higher spending by businesses and consumers is likely to bolster the overall economy and raise stock prices. In its latest projection, the Fed forecast the GDP [*] to decline 2.4 percent in 2020, reflecting an improvement over September's projection of a decline of 3.7 percent.

Get to know The Zandbergen Group’s Services Featured Today is Retirement Planning. Planning for your future is about more than just money. That’s why we believe in creating your retirement roadmap by setting financial goals that align with what you truly value, including your preferred timeline and the lifestyle you desire for yourself and your family. We’ll walk you through that process, then build a plan that prioritizes your goals and uses time-honored principles to help achieve those goals. Learn more: https://zandbergengroup.com/our-services/