Terry Wealth Management

06/01/2026

With stocks hovering near record highs, many investors are asking the same question: "Is the market too expensive?"

This week's LPL Market Commentary adds some important context. While valuations are above long-term averages, strong corporate earnings, economic resilience, and continued innovation have helped support current prices. The key takeaway? Looking at valuations alone rarely tells the full story.

Trying to time the market based solely on whether stocks appear "cheap" or "expensive" has historically been a difficult strategy. Maintaining a disciplined, long-term investment approach remains one of the most reliable ways to navigate changing market conditions.

Read this week's commentary below:

Discover why current stock market valuations are fair when considering economic growth, inflation, interest rates, and the AI-driven earnings outlook.

05/29/2026

Happy 529 Day! 🎓 If helping a child or grandchild with future education costs is one of your goals, today is a great reminder to revisit your 529 plan.

One powerful strategy is "superfunding," which allows you to contribute up to five years' worth of gifts at once, up to $95,000 per person or $190,000 per married couple in 2026, while staying within current gift tax rules.

For families who have the means, getting more money invested earlier can create greater potential for tax-advantaged growth and compounding over time. As always, the right strategy depends on your goals, timeline, and overall financial picture.

National 529 Day is a great reminder that saving for education can start with something as simple as a small, steady habit.

05/28/2026

This week’s market commentary from LPL Research explores an area many investors rarely think about until prices start rising at the grocery store: agriculture.

With ongoing supply constraints, fertilizer shortages, geopolitical uncertainty, and growing global demand, agriculture-related investments are gaining renewed attention as a potential source of diversification and inflation protection. While technology and AI continue to dominate headlines, opportunities can sometimes emerge from the less glamorous corners of the market.

The bigger reminder? Long-term investing isn’t just about chasing what’s hottest today, it’s about recognizing where future demand, scarcity, and structural trends may create opportunity tomorrow.

Read the full commentary here:
https://www.lpl.com/research/weekly-market-commentary/seeds-of-opportunity-the-case-for-agriculture-investments.html?utm_source=chatgpt.com

Explore the case for agriculture investments as supply risks and fertilizer constraints reshape commodity markets and create new portfolio opportunities.

05/26/2026

It’s graduation season and we could not be more proud of Kaitlyn Terry, who will be graduating from California Polytechnic State University-San Luis Obispo's Engineering program in just a few weeks.

As she and her roommates prepare to enter the “real world,” we put together this simple budgeting and financial planning guide to help young professionals build smart habits early.

We hope it’s helpful for other graduates and families navigating this exciting next chapter. Feel free to share with a graduate in your life!

05/25/2026

This Memorial Day, our office will be closed as we take time to honor and remember the brave men and women who made the ultimate sacrifice in service to our country. 🇺🇸

We are deeply grateful for the freedoms we enjoy because of their courage and dedication.

Wishing everyone a safe and meaningful Memorial Day weekend spent with family, friends, and gratitude.

05/22/2026

Memorial Day weekend is one of the biggest travel weekends of the year, and for those who’ve earned the freedom to travel a little better these days, the secret isn’t upgrading everything; it’s upgrading wisely. Spend where it actually makes the trip easier, more comfortable, or more enjoyable: a roomier seat on a long flight, a quiet airport lounge during a delay, or a hotel check-in that lets you recharge right away. Skip the flashy add-ons that don’t really move the needle.

Travel should feel rewarding, not like you’re being nickel-and-dimed at every turn. And while it’s important to plan for the future, it’s also okay to enjoy some of what you’ve worked so hard for along the way. Even better, use it to create experiences with the people you love because the memories made on a great trip together tend to outlast just about anything you could buy.

Safe travels this Memorial Day weekend 🇺🇸

From flights to hotels, these travel upgrades are actually worth the cost and which ones you can skip to save money without sacrificing comfort.

05/21/2026

Grandparents, we've got news about helping fund your grandkids' education. Thanks to recent FAFSA changes, 529 plans owned by grandparents no longer count against a student’s financial aid eligibility - removing what was once a frustrating “financial aid trap.”

In the past, distributions from these accounts could reduce aid significantly, but now they don’t show up at all, making them a much more attractive planning tool. Add in the tax advantages, potential state tax breaks and estate planning benefits, 529 plans have become a powerful, flexible way for grandparents to contribute to a child’s future. The only catch? Some private colleges may still factor them in through additional forms like the CSS Profile. Still, for many families, this change makes it easier than ever for grandparents to help without unintentionally hurting financial aid along the way.

One drawback of grandparent 529 plans is that they may affect finacial aid. Learn how FAFSA changes will eliminate the financial aid trap.

05/18/2026

Markets have shown resilience through geopolitical headlines before, but history reminds us that energy shocks often impact inflation faster than they impact economic growth. Rising oil and transportation costs can ripple through everything from consumer prices to corporate margins, even while the broader economy remains relatively stable in the short term.

At TWM, we continue to focus on long-term positioning rather than reacting emotionally to headlines. Periods of volatility can create uncertainty, but they can also create opportunity for disciplined investors with a well-diversified plan in place.

Read this week’s LPL Market Commentary here:

LPL Research examines rising inflation risks amid geopolitical tensions, while resilient growth and strong investment support continued economic expansion.

05/14/2026

Fun fact of the day!

We have officially hit 7 all-time highs for the S&P 500 in May.

Only 1995, 2013, and 2017 had at least that many.

What happened during the rest of the year, those years? +15.5%, +13.3%, +10.9%. In other words, be open to more strength.

Source: Ryan Detrick, CMT

05/10/2026

This Mother’s Day, we’re reminded that financial planning works best when both partners are actively involved in the conversation. While women today are earning, investing, and building wealth at higher levels than ever before, many families still fall into the habit of having one person take the lead on financial decisions.

At Terry Wealth Management, we believe the strongest financial plans are built together — with both partners informed, confident, and aligned on the goals they’re working toward. Whether it’s retirement planning, navigating life transitions, or preparing for the unexpected, shared understanding creates better decisions and greater peace of mind.

Beyond the flowers and brunch this weekend, one of the most meaningful gifts can be open conversations around your family’s financial future. Because true financial confidence comes from knowing you’re building that future together.

Happy Mother’s Day to all the incredible moms, wives, daughters, and women helping shape the next generation. 💐

More women are earning as much as or more than their partners but they remain less involved in financial decisions. Here's why that's a risk and what to do differently.