A Message From Our Managing Partner in Response to COVID-19

Clients and friends,

In our January 2020 quarterly newsletter named “Dividends”, in my piece “My Annual ‘No Prediction for Next Year’ Letter”, I made a statement regarding what to expect from markets in 2020. I stated:

“Here is what we can expect in 2020: stuff is going to happen, weird stuff, stuff we didn’t see coming and so it’s best to be ready”.

Without a doubt, we couldn’t have predicted the impact of the COVID-19 virus. However, I can say with certainty, Iowa Wealth Management is prepared and ready to serve our clients through these unsure times.

How Will the 2020 Election Affect Your Portfolio?

A common question has emerged in recent review meetings: “Should I be worried about my portfolio during an election year?” The answer is complicated, but the short answer is… probably not… but you should expect some volatility.

IRA Contribution Deadlines for 2019

It may be the year 2020, but that doesn’t mean you blew your shot at contributing to your IRA for 2019. If you plan to contribute to your IRA for year 2019, you actually have until tax filing deadline (April 15th) to do so. How does that work?

Absent a Profit, New Issues are Rank Speculation

Is it important that a company reliably turn a profit? For most investors I suspect the answer is, most often, yes. Here at Iowa Wealth Management the answer is, always, yes. On Wall Street, though, where the need never falters to flog investors with new issues, the answer is too often no.

Storytelling in Wealth Management

At Iowa Wealth Management, one of our objectives is that we absolutely do NOT want our clients to be confused each time they receive their monthly statement. It’s not just bad business, it means we’re not doing our job in keeping you informed and educated on your portfolio. One way we attempt to do this is by sharing examples and stories.

IMPORTANT NOTICE

You are now leaving the Iowa Wealth Management’s website and will be entering the Charles Schwab & Co., Inc. (“Schwab”) website.

Schwab is a registered broker-dealer, and is not affiliated with Iowa Wealth Management or any advisor(s) whose name(s) appear(s) on this website. Iowa Wealth Management is/are independently owned and operated. [Schwab neither endorses nor recommends {Name(s) of Investment Management Firm(s)}, unless you have been referred to us through the Schwab Advisor Network®. (This bracketed language is for use by Schwab Advisor Network members only.)] Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with Iowa Wealth Management under which Schwab provides Iowa Wealth Management with services related to your account. Schwab does not review the Iowa Wealth Management’s website(s), and makes no representation regarding information contained in the Iowa Wealth Management’s website, which should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.