Blog
Welcome To Our Blog
We invite you to check in each month and get to know our business and the people that lead Williams, Steinert, Mask.
Marketwatch – July 2021
Wednesday was the last day of the second quarter and final day of the first half of 2021. The S&P 500 has risen 14.4% year to date, while the Nasdaq Composite and the Dow have each gained more than 12%. Market worries: During the final trading days of June US...
Midyear Review and Outlook – Summer 2021
After reviewing several midyear investment review documents from firms such as J.P. Morgan Asset Management, T. Rowe Price, Capital Group (American Funds), Morningstar, and others; I decided to summarize the common themes presented. The first ½ of 2021 global growth...
Nearly a Third of Americans Aged 55 and Over Have No Retirement Savings
Nearly a third of Americans aged 55 and over have no retirement savings. This is very concerning given the fact that Americans are living longer. According to the CDC, life expectancy at birth in 1921 was 60.8 years. That has risen an average of 1 year for every 6...
Marketwatch – June 2021
The Dow wrapped up May gaining 1.9%, the S&P 500 delivered a gain of 0.55% for the month, and the Nasdaq finished the month with a gain of 5.91%. Year-to-date the S&P 500 is up 11.93%, the Dow is up 12.82% and the Nasdaq is up 6.68%. Market worries: The American...
Marketwatch – May 2021
The Dow finished the month of April with a 2.71% return bringing the year-to-date results to 10.68%. The NASDAQ returned 3.58% for the month helping it gain on the Dow with a year-to-date return setting at a respectable 8.55%. The S&P 500 finished the month with a...
Marketwatch – April 2021
The Dow wrapped up the final day of March on a slightly negative note but finished the month with a 6.62% return in March, compared with the NASDAQ return of 1.54% for the month. Matching the DOW, the S&P 500 finished the month with a solid 6.6% gain. The 6.21%...
Emergency Declaration Results in Tax Deadline Relief for Texas Taxpayers
Following the recent disaster declaration issued by FEMA, the IRS announced tax relief for severe winter storm victims that reside or have a business in 254 Texas counties. The following tax filings now have an extended deadline, to June 15, 2021. • Business Tax...
Marketwatch – March 2021
The markets finished a tumultuous February in positive territory with the S&P +2.28%, the Dow +3.77% and the tech heavy NASDAQ +0.93%. What we learned in February, is that the 'board youth of Reddit" sees the market as entertainment. They latch on to a hero like...
WSM Is Growing!
Williams, Steinert, Mask is excited to announce the acquisition of two exceptional CPA firms; Sledge & Schultz, LLC and Deviney CPA, PC. With these additions, Williams, Steinert, Mask will now have a second location in Bulverde, Texas. We would like to welcome our...
Marketwatch – February 2021
In January, the Dow lost 2.0%, the S&P 500 lost 1.1% while the NASDAQ managed to gain 1.4%. The bond market continues to be a mine field; on January 4th, the real yield on the U.S. 10-year Treasury note fell to its lowest level on record, declining to -1.11%,...