Should investors be anticipating a recession? Liz Ann Sonders and her team at Schwab offer a forecast for what to expect in 2019. Millions will benefit from a new tax strategy next year, as Laura Saunders explains. 2019 also promises to continue a major shift in long-term care policies. Winokur Munk of the Wall Street Journal looks into the advantages of hybrid policies.
Schwab Market Perspective: Gathering Storm Or Passing Clouds? — The last couple of weeks has been a microcosm of 2018—higher volatility and more violent moves by stocks. Heading into 2019, we think we’ll see more of the same, with investor patience likely to be tested. Read more…
It’s Time To Start Paying Your Taxes Like A Billionaire — The richest Americans have long saved billions from multiyear tax planning. Now it makes sense for many others to do the same. Read more…
What You Need To Know About Hybrid Long-Term-Care Insurance — More people in their 50s and 60s are starting to consider hybrid products that combine long-term-care coverage with potential life-insurance benefits. There were 260,000 such policies sold last year nationwide according to industry-funded research firm Limra—considerably more than the 66,000 traditional long-term-care policies sold in 2017. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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