Call to Action Regarding COVID-19

The Ocean Wealth team at PI Financial is carefully monitoring the novel coronavirus (COVID-19) outbreak. We have been proactive in implementing an action plan to prioritize the health and well-being of our clients, our staff, and their families while ensuring business continuity during these challenging times.

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Coronavirus and Market Uncertainty

CoronavirusOver the last week, the financial markets have taken a significant downturn over the fears surrounding the Coronavirus. The S&P 500 had its worst weekly drop since the financial crisis in 2008, after setting all-time highs the previous week.1

Of course, investors are nervous about their money. If you are concerned with your portfolio, you’re not alone, however during times of market volatility, it’s important to stay objective and not emotional - and yes that is hard to do.

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How to Handle Debt Repayment in Retirement

How to Handle Debt Repayment in RetirementRetirement often comes swiftly and without much warning. One day you’re working 40 hours a week, then suddenly, you’re at home with plenty of time on your hands. It happens so fast, in fact, that you sometimes don’t even have time to get around to all your outstanding debts.

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Financial Planner vs. Accountant: Which One Do You Need?

Financial Planner VS AccountantWe can probably all agree that financial planning is pretty darn important. Whether you’re spending within the confines of a monthly budget or saving for a new home — there’s a good chance you’re already doing it without even knowing. Alas, there may come a time when you need a helping hand to navigate challenging financial hurdles like investments and taxes.

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3 Signs of a Successful Financial Plan

3 Signs of a Successful Financial PlanWhen you put a financial plan in place — you hope for the best. You want to have money to do certain things in life. Whether that means splurging on a European vacation or saving for your child’s college fund, careful financial planning helps achieve these things. But how do we really know if our efforts are paying off?

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Understanding What Business Expenses You Can Deduct

Business Expenses you can DeductHave you ever gone to a business lunch with someone and noticed that they’re insistent on getting a receipt? You might think it’s a little odd at first. Who cares about holding onto the receipt for a $25 lunch, right? Well as it turns out, there’s probably a very good reason that the person you talked business with over lunch is hanging on to that little piece of paper.

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3 Easy Year-End Tax Tips to Save Your Small Business Money

Year-End Tax TipsWait a second. Check the calendar again. That can’t be right. Wasn’t it just January? The end of the year has come in fast and furious form. The Christmas season is almost upon us, but our stomachs are still digesting Thanksgiving dinner. That’s life, isn’t it? The more you have going on, the more you start recognizing how quickly time flies.

 

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