Quarterly Client Letter – Q2 2020

August 17, 2020By Bethany W

This last quarter saw violent fluctuations in the capital markets, which have shaken the very core of retail investing for private clients as well as created massive stimulus actions by the federal government. Good thing we didn’t have anything else going on at the time! Oh, wait. COVID-19 has blanketed our country for a second … Read More

KROST Wealth Monthly Economic Update: August 2020

August 10, 2020By Bethany W

In this month’s recap: stocks rose as better-than-expected corporate earnings and progress on a COVID-19 vaccine encouraged investors. Presented by Philip Clark, CFP®, August 2020 U.S. Markets Stock prices rallied in July as further development of a COVID-19 vaccine and better-than-expected corporate financial reports encouraged investors. The S&P 500 gained 5.5 percent, while the Nasdaq … Read More

KROST Wealth Monthly Economic Update: July 2020

July 14, 2020By Bethany W

In this month’s recap: stocks notched a solid gain, overcoming the rise of reported COVID-19 cases and plans of a slowdown in economic re-openings. Presented by Philip Clark, CFP®, July 2020 U.S. Markets Stock prices climbed higher in June, as investors looked beyond an increase in COVID-19 cases as well as reports that several states … Read More

KROST Wealth Monthly Economic Update: June 2020

June 8, 2020By Bethany W

In this month’s recap: stocks rallied in May, sparked by a supportive Federal Reserve, stories of states re-opening, and reported progress on a COVID-19 vaccine. Presented by Philip Clark, CFP®, June 2020 U.S. Markets Stocks rallied in May, sparked by a supportive Federal Reserve, stories of states re-opening, and reported progress on a COVID-19 vaccine. … Read More

KROST Wealth Monthly Economic Update: May 2020

May 14, 2020By Bethany W

In this month’s recap: Stocks rebounded sharply, fueled by a flattening of the COVID-19 curve and positive results from clinical trial investigating a treatment for the virus. Presented by Philip Clark, CFP®, May 2020 U.S. Markets Stocks rebounded sharply in April, fueled by a flattening pandemic curve and positive results from a clinical trial investigating … Read More

Quarterly Client Letter – Q1 2020

April 16, 2020By Bethany W

A computer programmer named David Cook started a company in Dallas, Texas in 1985. After two years, Cook sold the company Blockbuster for $18.5 million, missing one of the most impractical run-ups in history. By 1992, this once small retail shop was sold again for $8.4 billion. By the late 90s, Cook’s bright idea for … Read More

KROST Wealth Monthly Economic Update April 2020

April 14, 2020By Bethany W

In this month’s recap: The CARES Act moves to assist Americans quarantined by COVID-19, providing relief with a $2T stimulus package; markets worldwide react to coronavirus-related volatility. Presented by Philip Clark, CFP®, April 2020 THE MONTH IN BRIEF The Coronavirus Aid, Relief, and Economic Security (CARES) Act has been signed into law, bringing relief to … Read More

[Video] Economic Update

March 20, 2020By Bethany W

Our Director, Phil Clark, CFP® explains the difference between monetary and fiscal policies. He also provides some insight into how these two policies impact Americans during a time of crisis or need. Phil Clark, CFP® may be reached at 626-449-4225 or [email protected] KROSTWealth.com

Women & Money Paralysis

October 14, 2019By Bethany W

In support of breast cancer awareness month, we are focusing the next few articles on wealth issues impacting women. This article will cover retirement must-haves. We encourage you to donate to charitable organizations of your choosing. Not only it is a great tax saving strategy, it also just makes you feel good. If you would … Read More

KROST Wealth Monthly Economic Update: October 2019

October 7, 2019By Bethany W

In this month’s recap: The Fed cuts interest rates, the price of oil spikes, and trade negotiations between the U.S. and China are rescheduled. THE MONTH IN BRIEF September brought an economic event that was widely expected: a quarter-point cut in short-term interest rates by the Federal Reserve. It also brought an attack on two … Read More