Michael Maglio Financial Services

06/02/2026

After saving for decades, you might find yourself spending modestly in retirement—so modestly, in fact, that you'll end up having enough funds to leave money to your heirs. Starting early and maximizing tax-advantaged accounts are key strategies for building retirement savings.

06/02/2026

True or false: Americans in March 2026 are applying for fewer mortgages than they were during the Great Recession.

True. And it's not even close.

96 OF THE 100 LOWEST NUMBER OF WEEKLY MORTGAGE APPLICATIONS SINCE 1999 HAVE HAPPENED IN THE LAST 3 YEARS! (according to the Mortgage Bankers Association's Mortgage Application Index)

Yet, unemployment today is a fraction of what it was during the financial crisis.

People aren't staying out of the market because they can't qualify. The market is gridlocked. Here's why. 👇

1️⃣ Millions of homeowners locked in at 3 percent during the pandemic. Selling means giving that up for another mortgage that may have a higher interest rate. So they're not moving.

2️⃣ If existing owners aren't selling, inventory can become thin, prices might stay elevated, and buyers wait for something to change.

3️⃣ Most are waiting for rates to drop. But when they do, demand may pick up, competition returns, and that window closes faster than expected.

Here's the truth about market timing: it almost never works the way people picture it.

The better question isn't "When is the right time to buy?" It's "Am I financially ready to move when the right opportunity comes?" 📋

05/27/2026

Short‑term headlines come and go, but perspective matters. Stay informed with our updated weekly market commentary.
📘 Read the full commentary here. https://www.michaelmaglio.com/weekly-market-commentary

05/25/2026

Today we honor and remember those who made the ultimate sacrifice.

05/21/2026

Here are six common ways taxpayers get off track and the questions they should ask themselves during the tax year.

05/20/2026

What's new in the market? Click the link to read the full commentary. https://www.michaelmaglio.com/weekly-market-commentary

05/18/2026

A comprehensive wealth strategy goes beyond market performance. It addresses portfolio risk, retirement planning, tax considerations, and estate planning—because true financial success isn’t just about how your investments perform today, but how well everything works together over time.

Read more in our latest blog: https://www.michaelmaglio.com/blog/strengthening-your-wealth-strategy-key-approaches-for-todays-market

05/13/2026

This week, we’re breaking down key trends, investor sentiment, and the broader themes shaping today’s financial landscape. 👉 Click the link to read the full commentary. https://www.michaelmaglio.com/weekly-market-commentary

05/11/2026

Spreading investments across different asset classes, sectors, and geographies can help reduce the impact of market volatility on a portfolio. Diversification isn’t about avoiding risk altogether—it’s about managing it more intentionally so one market shift doesn’t derail your long-term plan.

Want to know if your portfolio is truly diversified—or just looks that way? Schedule a review: https://www.michaelmaglio.com/

05/07/2026

Starting in early 2025, President Trump issued executive orders to impose tariffs on goods from nearly all trading partners under the International Emergency Economic Powers Act (IEEPA), as well as targeting industries seen as critical to national security

This alert explains the types of tariffs that are still in play and their potential economic impact.