S&P 500 Index rose more than 7%, the best August since 1986. S&P 500 Index is extended and sits more than 15% above its 200-day moving avg. Nasdaq markets hit new all-time highs this month. Technology was once again the leading sector, rising 12% within the S&P 500. The 4th stimulus package ($1-4 trillion) stalled in Washington. U.S. passed the 6.0M case mark of COVID-19, but cases are down from July’s peak. Elections coming into focus with both RNC and DNC conventions held.

If you have switched jobs, become a new parent, been divorced, or survived a spouse or even a child, your current beneficiary designations may need to be updated. If you participate in a qualified plan program you may be overlooking an important housekeeping issue: beneficiary designations.

You are the engine for your life. If you don't take care of the engine—and keep it fueled—it will not serve you well. Self-care is what helps you reenergize. It helps you rest. It helps you step away from stressful experiences. It gives you the perspective you need to handle your days. And most important, it empowers you to care for others.

Patti joined Sandy Cove Advisors with over 25 years of administrative experience. Patti works directly with Deirdre Prescott and manages the daily operations of the office, providing the highest level of service to Sandy Cove Advisors clients, colleagues, as well as professional advisors.

July recorded the fourth month in a row of positive equity returns around the globe. The markets pushed higher despite the news of COVID-19 cases hitting new peaks in the U.S. and the inherent slowdown in economic activity in pockets of the U.S. as a result.

With opposing news flow and rhetoric hoping to influence our vote on November 3rd, we thought it would be helpful to provide an impartial analysis of the major issues and put some context around the myriad of information you’ll be seeing and reading during the next three months.