In 2014, hedge fund “titan” Bill Ackman managed to earn a 40% return, dramatically outperforming the S&P 500 by over 26%. His fund saw an influx of new investor money and its portfolios’ values ballooned to about $20 billion! As of…
Chesapeake Financial Advisors & Charles Schwab offer automatic downloads of your tax forms. Schwab changed the 2016 mailing dates for the 1099 Composite and Year-End Summary tax report. This change was implemented due to an increase in the number of…
Five Keys to maintaining a Long Term Strategy: Maintain Perspective– quick impulse decisions can undermine long-term growth. Patience has rewarded stock holders throughout history. Know your Goals– Focus on your investing objectives and keep your systematic investment approach to reaching…
Over the last several weeks we have seen a sharp drop in the stock market. Is this a simple correction or something more? Or could there be something else going on? It is hard to turn on the financial news…
We thought we would have some fun with this as Powerball fever sweeps the nation. Someone, somewhere in America or a group of people are about to have their live’s changed forever. We have all heard about the horror stories…
PDF copy of the letter Click on the above link for a pdf copy of the letter. December 1, 2015 Dear Clients and Friends, Planning ahead is always a smart idea, and that’s especially true when it comes to your…
Your year end tax and investment plan should include tax loss harvesting your energy investments. If you hold energy sector investments in your taxable investment accounts chances are you have loses. Now could be a good time to do a…
The markets just wrapped up their worst quarter in five years. All three major indices entered correction mode during some point in the quarter, meaning they had dropped 10% below their recent highs. For the quarter, the S&P 500, DOW,…
Maintaining the strongest possible security standards for your sensitive data is one of our highest priorities at Chesapeake Financial Advisors. As part of our ongoing effort to this standard our clients can now create longer, more complex passwords when accessing their…
