The Battle for Health & Wealth

Michael Orecchio |

The battle against the so-called ‘invisible enemy’ and the highly visible stock market is heating up.
While doctors around the world are using Hydroxychloroquine the fight the spread (and flatten the curve) of COVID-19, your NFG advisors here at home are using their own remedies to attack this bearish market.
With a stock market seemingly full of losses, what can an investor do to make the best of it? 
Our team is identifying and deploying various strategies including Tax-loss Harvesting and Roth Conversions in seeking to reduce portfolio curves.
We continue to believe these market conditions represent one of the best generational buying opportunities available, and we are working diligently for you in seeking to capitalize on that.
Key Takeaways:

  • Utilizing Tax-loss Harvesting & Roth Conversions strategies may serve your long-term investment goals well
  • We are continually identifying buying opportunities
  • Your advisors at NFG are seeking to reduce *portfolio* curves in helping investors to pursue their goals

Best Regards,
Northbridge Financial Group
(813) 877-8000
“The night is darkest just before dawn.”  Harvey Dent, The Dark Knight (2008)
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Stock investing involves risk including loss of principal.

Traditional IRA account owners should consider the tax ramifications, age and income restrictions in regards to executing a conversion from a Traditional IRA to a Roth IRA. The converted amount is generally subject to income taxation.

The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 ½ or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.