GGM Wealth Advisors

GGM Wealth Advisors 1801 Porter Street, Suite 500
Baltimore, MD 21230
(410) 685-9685

www.GGMWealthAdvisors.com

The summer heat is being felt outside, but the market experienced it's own heat wave the 2nd quarter. What propelled thi...
08/01/2024

The summer heat is being felt outside, but the market experienced it's own heat wave the 2nd quarter.

What propelled this heat wave?
1. High Inflation & The Fed - kept rates unchanged in the range of 5.25%- 5.5%
2. Tech & AI Investments - NVIDIA was up 36.7% and Google 20.8% last quarter, leading the tech-centric influence on the market
3. Upcoming Election - elections may create uncertainty and volatility in the market, but historically markets settle following an election

The question remains, what will the market do in the second half of the year? Stay hot or cool down?

Themarket experienced its own heat wave in the second quarter, propelling the S&P 500 to new all-time highs

We are excited to announce that as of today our VA office has a new address:πŸ“ 12150 Monument Drive, Suite 800Fairfax, VA...
06/03/2024

We are excited to announce that as of today our VA office has a new address:

πŸ“ 12150 Monument Drive, Suite 800
Fairfax, VA 22033

We look forward to serving our clients in this new home.

Our Fairfax, Virginia office is getting a new home! 🚚

Effective June 3, our new address will be:

πŸ“ 12150 Monument Drive, Suite 800
Fairfax, VA 22033

We’re excited for what this next chapter has in store!

The recent launch of Bitcoin Spot ETFs allow you to own bitcoin as the underlying asset in the fund. What exactly does t...
02/22/2024

The recent launch of Bitcoin Spot ETFs allow you to own bitcoin as the underlying asset in the fund.

What exactly does that mean, how do they work and is it right for you?

We explore it all here πŸ‘‡

Bitcoin Spot ETFs are now available for investment, but it it is important to understand how they work before investing.

As we move into 2024, the financial landscape stands at a crossroads, brimming with opportunities and challenges alike. ...
02/02/2024

As we move into 2024, the financial landscape stands at a crossroads, brimming with opportunities and challenges alike.

We will be keeping our eyes on 4 key themes as they develop throughout the year. Find out more πŸ‘‡

As we move into 2024, the financial landscape stands at a crossroads, brimming with opportunities and challenges alike. Here is what we are watching.

Retirement savings continue to be an integral factor in one’s ability to live comfortably in retirement, and as of Janua...
12/11/2023

Retirement savings continue to be an integral factor in one’s ability to live comfortably in retirement, and as of January 1, 2024, you will be able to save a little bit more on an annual basis. The IRS has released its 2024 cost of living retirement savings adjustments. The changes for common retirement plans are listed below. πŸ‘‡πŸ’΅πŸ‘‡

The IRS has released its 2024 cost of living retirement savings adjustments and you will be able to save a little bit more in 2024.

Last week MLB teams made trades to improve their team through the trade deadline and now investors may look to bring in ...
08/10/2023

Last week MLB teams made trades to improve their team through the trade deadline and now investors may look to bring in some reinforcements of their own to ensure more wins in the second half of the year.

So, what could investors be looking to do during the trade deadline? ⚾ 🏏

As MLB teams sought to improve their team through the trade deadline, investors look for reinforcements of their own to ensure more wins later.

It has been a week since the Federal Deposit Insurance Corporation (FDIC) put Silicon Valley Bank into receivership, mea...
03/17/2023

It has been a week since the Federal Deposit Insurance Corporation (FDIC) put Silicon Valley Bank into receivership, meaning the bank failed. This caused many to panic, but we now have a better understanding of what happened, how it happened, and what is being done to remedy the situation.

Find out more πŸ‘‡

Dramatic headlines caused concern for many when Silicon Valley Bank (SIVB) failed last week. Now we have more clarity on what happened, how it happened, and the remedy.

Higher interest rates have been making a lot of headlines recently and while they have negatively impacted financial mar...
03/10/2023

Higher interest rates have been making a lot of headlines recently and while they have negatively impacted financial markets, there is a silver lining for savers.

We have 3️⃣ ways to make your cash work harder for you. πŸ’΅

A higher interest rate environment comes with one sliver lining, higher yields on relatively low risk investments like cash alternatives.

Over a month into 2023 and the Fed is still working on 3️⃣ of their resolutions for the year. Find out what those resolu...
02/08/2023

Over a month into 2023 and the Fed is still working on 3️⃣ of their resolutions for the year.

Find out what those resolutions are and what is being done to achieve them here πŸ‘‡

While we’re only a month into the New Year, it is estimated that around 30% of people that set a goal for themselves on January 1st have already given up on it. While some resolutions can be achieved quickly, most need more than a month to be successful. That is no different for the [...]

Is saving going to be a New Year's resolution for you in 2023? Well, good news then! You will be able to save more in yo...
12/14/2022

Is saving going to be a New Year's resolution for you in 2023? Well, good news then! You will be able to save more in your retirement plans. πŸ’°πŸ’°

See how much more below πŸ‘‡

Employees participating a 401(k) or 403(b) can contribute $22,500 in 2023 and participants over age can contribute 50 $30,000, which includes a $7,500 catch-up limit.

Last week, the Fed raised rates by 0.75%. While this is exactly what the market expected, Federal Reserve President Jero...
11/07/2022

Last week, the Fed raised rates by 0.75%. While this is exactly what the market expected, Federal Reserve President Jerome Powell’s comments were not, which still has us questioning whether or not the Fed has what it takes?

Last week the Fed hiked interest rates by another .75%. This is what the market expected, but other comments were not, further putting into question if the Fed has what it takes.

Everyone has an estate and at least the basic documents should be prepared and preparations taken, no matter how small. ...
09/14/2022

Everyone has an estate and at least the basic documents should be prepared and preparations taken, no matter how small.

These 3️⃣ wealth transfer basics will help you and your loved ones. πŸ‘‡

Making a wealth transfer plan starts with 3 basics steps that your loved ones will appreciate you taking in what will be an emotional and stressful time.

Address

1801 Porter Street, Suite 500
Baltimore, MD
21230

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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