Insights and reflections to support your financial growth.
Making sense of Medicare’s parts
It’s easy to get a bit mixed up by the many parts and features of Medicare. This lets you see, at a glance, the major coverage options, called parts, and some of their more significant aspects. Use it to help you think about what level and combination of coverage...
19th Annual Corning Inc. Golf Tournament: Supporting United Way of the Southern Tier
We were honored to sponsor the 19th Annual Corning Incorporated Golf Tournament in support of the United Way of the Southern Tier.
2022 Second Quarter Commentary
The second quarter was beset with continued weakness in the markets and a deterioration of sentiment and consumer confidence. The S&P 500 entered a bear market with a 23% drawdown, while the NASDAQ 100 fell 33%. The yield on the 10-Year treasury spiked to 3.43%...
Starry Night with Nonnie Hood PRC
Here at Socha Financial Group, family is very important to us. Nonnie Hood Parent Resource Center hosts the Starry Night fundraiser for individuals and businesses to contribute to help fund various programs. Linda, Shana, Nina, and Charlotte were overjoyed to attend...
2022 First Quarter Commentary
In our 2021-year end commentary we wrote about how we expected more volatility in the equity market and a difficult year ahead for bonds as fiscal stimulus declines and monetary policy begins to tighten. However, we did not expect a stock market correction to begin...
Stick with your plan…even when the market gets sticky
Changing your investment mix can backfire. Consider three hypothetical investors, who took three different paths. As shown in the chart below, each had a 50% stock/50% bond portfolio during the downturn that ended in March 2009. One held tight and maintained the same...