Blog
What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along. Click Here to View Older Posts
Continuing Care Retirement Communities: What They Cost, How They Work, and When to Start Preparing
Why Is This Conversation So Important Right Now? The U.S. is in the middle of a sustained demographic shift. More than 61 million adults are aged 65 and older as of 2025, and that number is projected to reach approximately 82 million...
Read MoreWhen Should I Start Taking Social Security: 5 Factors to Consider
Social Security decisions are often framed as a single question: “When should I start drawing benefits?” That question matters, but it can also be limiting. The better question is: how does Social Security fit into my overall...
Read MoreTeaching Teens and Young Adults Financial Literacy Through Real-Life Decision Making
If you are a parent of a teen or young adult, how do you teach them to make confident money decisions before the stakes are high? Teaching teens and young adults about money is less about formal instruction and more about repeated...
Read MoreHelping Adult Children Buy a Home: How to Gift a Down Payment The Smart Way
Key TakeawaysHere are some questions this blog aims to answer:How can parents or grandparents help with a down payment for adult children?What are ways to gift a down payment, and how do the annual gift tax exclusion and lifetime...
Read MoreThree Numbers Every Woman Should Know
Key TakeawaysHow much wealth are women on track to control in the next decade, and why does that matter?What does the life expectancy gap between women and men mean for how long money needs to last?How common is it for women to be...
Read MoreShow All
Tax Prep vs. Tax Strategy: The Difference Matters More Than You Think
Key TakeawaysTreat tax strategy as a continuous process, not a once-a-year filing exercise.Coordinate with financial and tax professionals throughout the year to identify opportunities for efficiency.Review contribution limits,...
Read MoreUnderstanding the Emotions Behind Financial Decisions
Key TakeawaysEmotions and biases might influence financial choices more often than most people realize.Behavioral patterns, such as loss aversion, familiarity bias, and herd mentality, can impact long-term results.Recognizing emotional...
Read MoreAI and the New Face of Fraud: How to Protect Your Identity and Finances in 2026
Artificial intelligence (AI) may be the most revolutionary technology of our time, with industries scrambling to embrace its possibilities. AI’s early influence seems similar to the positive disruptions brought about by past...
Read More2025 in Review and What You Should Know
As we begin a new year and consider the opportunities ahead, reflecting on the past year helps put today’s financial landscape into perspective and informs the strategies that can move us closer to our goals. 2025 was a year marked by...
Read MoreGoal Setting That Sticks: Simple Ways to Turn January Motivation into Lasting Wins
Key Takeaways and Suggestions for Successful Goal Setting Use SMART Goals for Clarity and FocusSet goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. This proven method helps break big ambitions into manageable...
Read MoreNew Retirement Contribution Limits for 2026
The Internal Revenue Service recently released new limits for 2026. Although these adjustments won’t bring any major changes, there are some minor elements to note. Individual Retirement Accounts (IRAs) IRA contribution limits are up...
Read MoreYear-End Giving Strategies: Tax-Smart and Impactful
Key Takeaways A third of annual donations: About one-third of all charitable contributions are made in December. Donating before December 31 may offer tax advantages. New rules starting in 2026 (via the OBBB Act) may affect deductions...
Read MoreThe True Costs of Caring for Aging Parents
Key Takeaways Caring for aging parents is a growing reality for many Americans. The number of family caregivers in the U.S. has jumped to 63 million, a 45 percent increase over the past decade, making 1 in every 4 Americans a...
Read MoreMoney Talks: How to Use Holiday Gatherings to Start Family Financial Conversations
Key Takeaways Year-end holidays may be a good time to initiate a discussion about financial matters that may impact your family. If you have adult children, you may want to discuss your financial situation, estate strategy, and legal...
Read More
Should You Pay Off Your Mortgage Early?
Receiving a bonus, inheritance, or an increase in income often prompts a key financial question: Should I use this money to pay off my mortgage, or invest it? At first glance, the answer might seem simple. But in reality, it requires...
Read MoreA 2025 Guide to Protecting Seniors from Fraud
If you’ve found yourself stepping into a more active role in your parents’ financial lives, you’re not alone. Some of us are helping aging parents navigate everything from healthcare decisions to bill payments—and increasingly, we’re...
Read MoreSmart Moves to Consider Before Year-End
The final months of the year can sneak up quickly, and with them come deadlines, decisions, and distractions. Before the holiday season takes over your calendar, fall can be a valuable window to revisit your financial strategy and...
Read More
Breaking Down the One Big Beautiful Bill Act: What You Need to Know
The Tax Cuts and Jobs Act of 2017 (TCJA) included lower federal income tax brackets, bigger standard deductions, and higher gift and estate tax exemptions, among other provisions. The law stipulated that some of those tax breaks would...
Read MoreWhy More Families Are Choosing to Gift Wealth Earlier—and How to Do It
Estate management isn’t just about what happens after you’re gone— it’s also about what you can do now to help manage future estate taxes, transfer wealth strategically, and attempt to create a meaningful impact during your lifetime....
Read MoreWhat You Need to Know About the 2025 Changes to Inherited IRA Rules
The rules regarding inherited IRAs have changed in the last five years, and failing to comply with the new requirements may result in IRS penalties. These changes affect people inheriting IRAs and those looking to leave retirement...
Read MoreBeyond Salary: Understanding Your Total Compensation
Compensation is more than just a number on a paycheck. Whether you're exploring new opportunities, preparing for a promotion, or evaluating your current benefits, it’s important to understand the full value of your total...
Read MoreHow Much Do You Really Know About Stock Market Indexes?
While you may follow the various stock indexes on the nightly business news, how much do you know about their histories, how they work, and why they're important? We pulled together some information and interesting facts about some of...
Read MoreHow Do You Turn Retirement Savings into a Reliable Income Strategy?
You’ve likely spent years building your retirement nest egg—saving diligently, investing wisely, and contributing to retirement accounts along the way. But transitioning from earning a paycheck to relying on your savings can feel...
Read More“The Four Most Dangerous Words In Investing Are: ‘This Time It’s Different.’” – Sir John Templeton
Despite those who say the conventional wisdom that has guided investor actions over the years is no longer valid in 2025, remember the famous quote from legendary investor Sir John Templeton: "The four most dangerous words in investing...
Read MoreWhat’s the Job Market Look Like for 2025 Graduates?
It’s graduation season—a time of celebration and new beginnings. For families with college seniors, this time can bring both excitement and uncertainty. While some graduates have jobs lined up, many others still are navigating job...
Read MoreIs It Smarter to Buy or Rent a Second Home?
As summer approaches, your thoughts may drift toward escaping your daily routine. Whether your idea of a perfect vacation is sitting on a pristine beach, fishing in a mountain lake, or playing the back nine between pickleball matches,...
Read MoreFrom College Acceptances to Affordability: Considerations for Families in the Final Stretch
April is a pivotal time in the college admissions process. After years of preparation, saving, and investing—not to mention the countless hours spent on exam prep, campus visits, and perfecting applications and essays—the finish line...
Read MoreSpring Into Financial Wellness: Actionable Steps for Financial Literacy Month
April isn’t just about filing taxes—it’s also Financial Literacy Month, a perfect opportunity to reflect on your financial habits, expand your knowledge, and take meaningful steps toward improving your financial well-being. Whether...
Read More10 Things You Can Do Now to Help Simplify Your Estate for Your Heirs
One of the greatest gifts you can give your loved ones is a thoughtful estate strategy that outlines your wishes after you are gone. Discussing estate details with your team of professionals is another way to help manage your legacy...
Read MoreThe Evolving Role of Women in Family Finances
March is Women’s History Month, and according to a recent survey, 49% of women consider themselves to be the chief financial officer of their households, up from 41% in 2021.1 Those numbers are even more impressive when you consider...
Read MoreDon’t Leave Money Behind: Finding Your Missing 401(k)s
You've worked hard throughout your life to build assets to support your retirement. As financial professionals, one of the most critical functions we provide is helping clients determine their retirement income needs and structuring a...
Read MoreTax Season Brings a New Wave of Identity Theft Risks
Tax season brings a new wave of identity theft risks, with criminals ready to exploit your personal data to file fraudulent tax returns in your name. Imagine the shock of discovering that a criminal beat you to filing your...
Read More10 Facts You May Not Know About Social Security
Social Security is often misunderstood or underestimated in retirement strategy. However, as financial professionals, we've seen how it can play a crucial role in our clients' overall financial strategy, regardless of their income...
Read MoreInnovative New Year's Resolutions: Financial and Personal Growth Strategies for 2025
Looks like New Year's resolutions are still going strong in 2024! A recent Pew survey found that about a third of Americans kicked off the year with at least one resolution, and many people actually went for multiple goals. It's...
Read MoreKey Financial Insights from 2024 and Looking Ahead to 2025
As we approach the end of 2024, it's an opportune time to reflect on the year's financial developments and consider what 2025 may bring. We believe in understanding both the past and potential future of our economic landscape, which...
Read MoreNavigating Healthcare Costs in Retirement: Life After Employer-Sponsored Health Insurance
As you approach retirement, a critical aspect of your retirement strategy can catch even the most financially savvy individuals off guard: healthcare costs. For decades, you may have enjoyed employer-sponsored health insurance. As...
Read MoreA Different Kind of Year-End Review: 10 Steps to Reflect and Recharge
Financial professionals typically have a year-round focus on monetary goals and wealth management strategies. However, we also believe that true financial well-being is intrinsically linked to your overall life satisfaction and...
Read MoreYear-End Giving Strategies: Maximizing Your Impact
America is a generous country. People with diverse backgrounds can unite for a good cause, whether to benefit their local communities or the broader world. As we enter the holiday season, now is a great time to think about your giving...
Read MoreExploring the Financial Impact of Electric Vehicles
As financial professionals, we’ve noticed a trend among our clients: an increasing interest in electric vehicles (EVs). To help address some of your questions, we’ve compiled this high-level guide to provide insights into the...
Read MoreSafeguarding Your Identity: Essential Tips for Financial Security
Statistics show that nearly 33% of Americans have faced some identity theft attempts in their lives, and experts estimate there is a new case of identity theft every 22 seconds. As financial professionals, one of our primary goals is...
Read MoreThe Impact of Elections on the Markets and Tax Policy
The Impact of Elections on the Markets and Tax Policy With Labor Day behind us, we're in the final stretch of the 2024 presidential election race. As we follow the news and parse the most recent polls, some may ask, "How might what...
Read MoreDon’t Be A Victim Of The Retirement Crisis
Don’t Be A Victim Of The Retirement Crisis If you think the United States has a retirement crisis, you are not alone. A recent survey found that 79% of working-age Americans believe the same thing. That percentage is up from 67% in...
Read MoreArtificial Intelligence’s Influence on the Investing Landscape
In 1999, Bill Gates wrote, “How you gather, manage, and use information will determine whether you win or lose.” Companies looking to be successful in the future should heed these words when making decisions about implementing...
Read MorePreparing to Send a Child Off to College? Don't Forget These Important Topics
Sending a child off to college is a major milestone for any family, whether you’re a parent, grandparent, or close friend. It’s an exciting time, filled with anticipation and perhaps a bit of trepidation. There’s so much to do, and...
Read MoreDo You Know About the New Filing Requirements for Small Business Owners?
If you are a small business owner—or plan to be one—you should be aware of a new reporting requirement. The Corporate Transparency Act (CTA), passed in 2021, changed beneficial ownership rules, which is expected to impact 32 million...
Read MoreTen Common Estate Strategy Mistakes You Should Avoid
Legacy preparation can play a key role in any financial strategy. Legacy management lets you consider what happens to everything you’ve accumulated—and may continue to accumulate—throughout your lifetime. But far too often, we’ve seen...
Read MoreFinancial Wedding Tips for a Memorable “I Do”
As we enter the traditional wedding month of June, we wanted to explore the range of expenses that can be related to this special event. The average US wedding costs $35,0001 According to The Knot Real Weddings Study of nearly 10,000...
Read MoreThe Evolving Relationship Between Stocks and Bonds
Sir John Templeton once said, “The four most expensive words in investing are: ‘This time it’s different.'” And normally, we would agree. But the phrase “This time it’s different” may apply to what's happened in financial markets in...
Read MoreHow Much Do You Need To Retire?
A few years ago, there were ads from financial services companies asking, “What’s your number?” The number was the money you needed to retire comfortably. This was an effective way for financial services companies to get people...
Read MoreIdentity Protection Strategies – Are You Doing Enough To Keep Your Information Safe?
There isn’t a week that goes by when you don’t read about some data breach. Safeguarding your personal information starts with understanding cybersecurity risks, knowing what to look for, and doing everything you can to help protect...
Read MoreCreate a Strategy to Protect Your Wealth with Potential Estate Tax Changes Looming
At the end of 2025, portions of the Tax Cuts and Jobs Act (TCJA) are set to expire. Many changes will come with the sunsetting of many rules, including the possibility that federal estate and gift tax exemption levels will revert to...
Read MoreGive Your Children the Gift of Financial Literacy
Give your children the gift of financial literacy. They’ll thank you later! As a parent, you are well aware of your responsibility in helping your children grow up happy and healthy. Once they enter their teen years, the pressure can...
Read MoreInvesting in a Presidential Election Year
As the presidential election race heats up, a common question on investors’ minds is, “How might the looming White House vote impact the markets?” Some may wonder if they should tweak their portfolios or sit tight...
Read MoreSECURE Act 2.0 Includes New Provision On Special Needs Trusts
Experts estimate there are more than 44 million people with disabilities in the U.S., representing 13.4% of the population.1 Many parents of children with disabilities choose to establish a special needs trust. This can help provide...
Read MoreThe Psychology of Love and Money
Money can be a touchy subject, especially regarding our closest relationships. Whether we like it or not, finance plays an integral role in our partnerships, families, and friendships. So, how can we foster healthy attitudes and...
Read MoreRules and Regulation Changes That Could Impact Your Finances in 2024
In the ever-evolving financial landscape, staying informed about the latest changes and potential implications for your retirement savings is crucial. Shifts in retirement regulations define 2024, and we’re committed to keeping...
Read MoreThe Big Game Indicator and Other Unusual Economic Theories
It’s a fun time of year for football fans. The NFL playoffs are starting, and the Big Game is just around the corner. While football fans will tune in for the matchups, commercials, and Usher’s Big Game halftime show, you...
Read MoreMajor Tax Changes Looming: Are You Ready?
With the start of the new year, we wanted to discuss a topic that will likely garner attention throughout 2024: the potential sunsetting of the Tax Cuts and Jobs Act (TCJA) in 2025. Although some of the provisions within the TCJA are...
Read MoreWhat to Know When Your Child Turns 18
Your Child is Turning 18: Handling Healthcare, Academics, and Finances Together As your child blows out the candles on their 18th birthday, you may still see your baby girl or boy. But in the eyes of the law your child is considered a...
Read More2023 Recap and 2024 Outlook: Key Events and What May Be in Store
As we get ready to turn the page on 2023 and welcome the new year with all its possibilities, we’d like to take some time to reflect on the year that was—the notable events, trends, and developments that defined our...
Read MoreTechnology Guide for Dementia Patients and Their Caregivers
If you or a loved one has been diagnosed with Alzheimer's disease or any other form of dementia, this can be an extremely challenging time. While promising new treatments are developing and research continues, a cure remains elusive....
Read More10 Financial Missteps to Avoid During a Divorce
Divorce is one of the most stressful life events. Even the most amicable splits can be complicated and emotionally draining. We likely all know couples who have gone through divorce, and it can be a trying time for everyone involved....
Read MorePreparing for the Tax Cuts and Jobs Act Sunset at the End of 2025
While we haven’t yet said goodbye to 2023, it’s not too early to begin thinking about any tax changes that may be on the horizon. The Tax Cuts and Jobs Act (TCJA) of 2017 was designed to overhaul the federal tax code by...
Read More
2023 Best of Orlando Financial Planning Award
McDonough Capital Management Receives 2023 Best of Orlando Award Orlando Award Program Honors the Achievement ORLANDO September 8, 2023 -- McDonough Capital Management has been selected for the 2023 Best of Orlando Award in the...
Read MoreThe Impact of SECURE 2.0 in 2024 and Beyond
SECURE 2.0: Changes Going Into Effect in 2024 Passed in 2019, the SECURE Act was the most substantial retirement legislation in over a decade. It contained important changes designed to help investors save more and be better prepared...
Read More
Supply Chain Issues Appear Resolved. For Now.
Here’s a riddle. “I’m a two-word phrase that we heard almost every day for two years, but it has dropped from almost all economic talk in 2023?”Answer: Supply chain.As you can see from the accompanying chart,...
Read MoreMarket Update: Monday 6/12/2023 9am
A lot has changed since my last market update. The market has rallied nicely YTD and last week it was declared that the Bear Market was over since the S&P 500 has rallied 20% off the October lows of last year. Today all major averages...
Read More
Weekly Market Insights: Attention Turns to the Debt Ceiling
Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears.The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped 0.29%. The...
Read More
Weekly Market Insights: Friday Rally Trims Losses; CPI Report Next Week
A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses.The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s 500...
Read MoreFinancial Literacy Month - Defining SMART Financial Goals
Are your financial goals well-defined? While "I want to have lots of money" may sound like a great goal, it's just too vague. How much is "lots?" If you don’t know … how will you know when you have it? And will the...
Read MoreMarket Update 3/14/2023 1pm
Since I wrote last, there has been considerable change in the financial markets. 2022 was a year that saw the Fed raise rates at the fastest rate in Fed history. The consequential effect on the Stock Market was considerably negative....
Read More
Market Update 20230206 at 10am
After a very difficult 2022, 2023 is certainly starting out on a much more positive note. All the major averages reside above their short, intermediate, and long-term trend lines. It has been over a year since all three have traded...
Read MoreNew Retirement Contribution Limits for 2023
The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels.Individual Retirement...
Read More
McDonough Capital's Newest Team Member
McDonough Capital Management is proud to announce the newest addition to the team, Samantha Mosca. She will be assuming the responsibilities of Client Service Manager and is responsible for managing day-to-day operations to ensure...
Read More
What is Happening with CPI and Inflation?
Believe me, everyone on Wall Street wants inflation to go away, or at least shrink back to below 2%, a level we enjoyed not so long ago.But Tuesday's Consumer Price Index report showed it might be some time before we see 2% again....
Read More
Weekly Market Analysis: Markets Sag, Job Numbers Soar
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.The Dow Jones Industrial...
Read MoreMarket Update 20220831 2:30pm
Since my last update, Chairman Powell last week used the “pain” word, to describe the likely outcome near term to continued Fed tightening. He said further: “These are the unfortunate costs of reducing inflation. But...
Read MoreThree Ways the Inflation Reduction Act Could Impact You
Have you heard? The Inflation Reduction Act was signed into law on Tuesday, August 16. While the $430 billion package includes many provisions, I thought I’d highlight three key areas where you may benefit the most.Tax credits...
Read More'Smart Money' on Interest Rates
Have you ever heard the expression, "What's the smart money doing?""Smart money" is an expression that often refers to experts and suggests that well-informed people have a better perspective on current events and what actions to take....
Read MoreMarket Update 8/10/2022 11:00am
The market is showing continued signs of improvement for the time being. All major averages are trading above their short and intermediate term trend lines but below their long term trend lines. CPI numbers just came out and the...
Read MoreMarket Update 8/1/2022
Since my last market update, the market news has finally begun to improve somewhat. As we all know, the market up until around 2 weeks ago was suffering through the worst start since 1970, over 50 years. (Longer than I have been in...
Read More
Market Update 7/5/2022 11:00am
As we all likely know by now, the first half performance of the market in 2022 was the worst since 1970. Rising Oil/Gas prices, Commodity Inflation, rising interest rates, war in Ukraine, along with many other factors have...
Read MoreWhat is a Backdoor Roth IRA Conversion?
Like it or not, taxes are a way of life. They fund great things like roads, libraries and parks, but nobody wants to pay more than they absolutely have to. We often get questions like, “How can I balance my tax obligations with...
Read More
Weekly Market Insights: Confidence in Fed Helps Spark Market Rally
Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers.The Dow Jones Industrial Average jumped 6.24%, while the Standard & Poor’s 500 advanced...
Read More
Weekly Market Insights: Fed Signals More Aggressive Action on Interest Rates
Read More
Honoring Veterans Day
On November 11, we honor the bravery and sacrifice of those who have served America in the armed forces. It is also a time to appreciate the commitment of our active military personnel and their dedicated families. Let us honor their...
Read More
2020 Best of Orlando Award Investment Advisor
For The Fourth Year In A Row McDonough Capital Management has been selected for the 2020 Best of Orlando Award in the INVESTMENT ADVISOR category by the Orlando Award Program. Each year, the Orlando Award Program identifies companies...
Read More
McDonough Capital Management's newest addition
We hope this message finds you well. McDonough Capital Management has some great news! McDonough Capital Management is proud to announce the newest addition to the team, Evan McDonough. He will be assuming the responsibilities of...
Read More
Market Update 2.10.2021
Today is Wednesday February 10 and it is 6:30am. As a trend follower, all trend lights are flashing green as all major averages are trading above their respective short, intermediate and long term trend lines. The year thus far is...
Read More
Market Update 02.01.2021
Today is February 1, 2021 and it is 6am. I have received several calls in the past week asking me about the recent events surrounding the run up in certain heavily shorted stocks like GameStop, AMC and Nokia. I want to give everyone my...
Read More
Market Update 12.30.2020
Today is Wednesday December 30 and it is 6am. As we close out 2020 and I wrap up my 33rd year in the business, I can honestly say from a personal and professional standpoint, this has been the most challenging and unusual years that I...
Read More
Market Update 11.24.2020
Today is Tuesday November 24 and it is 3:30pm If you have been reading my market updates, having gotten through October, you have seen that I have continued to remain bullish on the overall market prospects despite all of the negative...
Read More
Market Update 11.16.2020
Today is Monday November 16 and it is 11am. As the market continues to progress, the trends remain our friends. All major averages are trading above the short, intermediate, and long-term trend lines. The Dow and the S&P 500 averages...
Read More
Market Update 11.9.2020
Today is Monday November 9 and it is 7:30am. Dow Futures, S&P Futures and Global Stocks are soaring premarket on just announced Covid Vaccine News. Pfizer just announced that their Covid – 19 Vaccine is more than 90% effective in...
Read More
Market Update 11.4.2020
Today is November 4 and it is 6 am September and October delivered the seasonal results we have come to expect. These months tend to be seasonally weak and they did not disappoint this year. On the six month cycle, November to April...
Read More
Market Update 10.1.2020
Today is October 1 and it is 6am. First let’s talk about the trends. Short term we have undergone a correction for the month of September. From a seasonal standpoint, this is not unexpected as September and October tend to be two...
Read More
Market Update 8.17.2020
Today is Monday August 17 and it is 6 am. All major averages remain above their respective short, intermediate and long term trend lines. From a trend analysis standpoint, all lights are flashing green. I have gotten several questions...
Read More
Market Update 7.31.2020
It is Friday July 31 at 6am. As I write this quick update, I can’t help but notice the contrast of the Tech CEO’s Congressional Testimony this week versus the big four (Apple, Amazon, Facebook, Google) actual earnings...
Read More
Market Update 07.24.2020
Today is Friday July 24 and it is 6am. For the past several months, I have been discussing the differencebetween the economy and the market. Many clients are telling me theycan’t understand why the market continues its steady...
Read More
Market Update
Today is Monday June 22 and its 6am As a trend follower, both the S&P 500 and the NASDAQ are all trading above their short, intermediate and long term trend lines. The Dow is trading above its short and intermediate term trend lines...
Read More
Moms are Priceless
Whether they stay at home or work for a company, moms rarely have just one job. They’re event planners, coaches, interior designers, chefs, art directors, judges (and juries), housekeepers, maintenance supervisors, network...
Read More
Newest Addition to McDonough Capital Management
It is with great pleasure that I want to introduce the newest member of the McDonough Capital Team, Shannon McDonough. She will be assuming the responsibilities of Operations Manager. As many of you may know Shannon attended Rollins...
Read More
Market Update
Today is Friday, April 24 and it is 6 AM. A second fiscal stimulus program targeting small business and hospitals is on the verge of passing. This will pump an additional half a billion dollars into these targeted...
Read More
Market Update
Today is Monday, April 20 and it is 6 AM. Friday we saw a continuation of the rally off the recent market lows. The current bounce appears more and more like a V bottom.As I mentioned many updates ago, V bottoms have...
Read More
Resources to Help You Through the Coronavirus Crisis
If you have ever been flattened by a rogue wave while fishing or sunbathing on the shore, you probably recognize the emotional responses that have accompanied the pandemic wave crashing across the United States – shock, anxiety,...
Read More
Looking For Your Pot of Gold?
Don’t rely on luck. You don’t have to be Irish to celebrate St. Patrick’s Day! Although it was originally a Catholic holy day honoring the patron saint of Ireland, St. Patty’s has evolved into a secular...
Read More
Market Update
Today is Monday, March 16 and it is 5 AM. The Incredible Hulk Roller Coaster at Universal Studios has nothing on current market gymnastics. The following chart shows the daily price fluctuation for the Dow Average...
Read More
Market Update
Today is Friday, March 13 and it is 9 AM. As I sit hear writing today’s update, I see that Dow Futures are limit up pre market. Yesterday was the single largest point decline in Dow History and the 4th largest...
Read More
Market Update
Today is Tuesday, March 9 and it is 11 AM. I wanted to put out a quick update given the increased market volatility of late. Volatility has spiked and fear of the corona virus is carrying the market lower. Last week I...
Read More
The Coronavirus Correction
In late February, concern that efforts to contain Coronavirus Disease 2019 (a.k.a. COVID-19) might result in slower global economic growth disrupted global markets. Share prices fell as economists and financial analysts revised growth...
Read More
2nd Quarter 2020 LifeStyle Newsletter - Coronavirus 101: The Basics
Coronavirus 101: The Basics The coronavirus, which is now officially called Coronavirus Disease 2019 (COVID-19), has received a lot of attention. Since the outbreak began in China, late in 2019, the disease and efforts to understand...
Read More
Weekly Market Newsletter
Today is Tuesday, March 3 and it is 4 PM. I wanted to give everyone a quick update now that the Fed has stepped in to support the market with a surprise 1/2% interest rate cut. Last week’s market pull back...
Read More
Hang On to Your Optimism!
In 2019, a Pew Research Center survey reported many Americans were pessimistic about the future. Their worries included the national debt, the gap between the rich and the poor, and automation.1 Martin Luther King was sometimes...
Read More
Weekly Market Newsletter
Today is a good day for the global markets as our major averages continue to climb into new high territory for the most part. Two significant reasons for the market celebration is progress high territory for the most part. Two significan...
Read More
What’s the Best Gift this Holiday Season?
You’ve probably never asked your adult children and younger relatives whether they have security software on their computers and devices. Why would you? They’re digital natives, born with keyboards under their fingertips....
Read More
Weekly Market Newsletter
Today is Tuesday, November 12 and it is 3:00 PM. From a trend standpoint, all major averages are trading above their short, intermediate and long term trend lines. A far cry from the news we hear daily about impending...
Read More
Weekly Market Newsletter
The past 3 trading sessions have gone a long way in repairing some of the damage done to the major averages during the month of August. So much so that we are within striking distance of establishing new all-time highs for all major...
Read More
Weekly Market Newsletter
I wanted to touch base with everyone to give you an update on recent market developments. As you all know, China’s currency devaluation, as a reaction to increased tariffs, triggered a sizeable market sell off yesterday. Virtually all...
Read More
Weekly Market Newsletter
First as I enter my 33rd year in practice, I wanted to thank every one of our clients from the bottom of my heart for your continued support and confidence. We feel a great deal of gratitude for the relationships we...
Read More
2019 Best of Orlando Award in the INVESTMENT ADVISOR
For The Third Year In A Row McDonough Capital Management has been selected for the 2019 Best of Orlando Award in the INVESTMENT ADVISOR category by the Orlando Award Program. Each year, the Orlando Award Program identifies companies...
Read More
Life, Liberty, and Tax-Advantaged Opportunities
Americans are passionate about taxes. We have reason to be. In recent years, Americans have spent more on taxes than on food, clothing, and housing combined. The Tax Foundation estimates Americans will pay $3.4 trillion to the federal...
Read More
Weekly Market Newsletter
China Trade continues to dominate the current market psychology as developing news and tweets in this area seem to drive intraday market direction. Washington seems to be playing hardball with China. “We’re not ready to...
Read More