In this month’s newsletter, we discuss financial tips for young people and share some innovative news from VW.
We hope this newsletter finds you and your family staying safe and enjoying Spring.
With high school and college graduation season upon us, our financial planning team compiled five tips for young adults as they begin their financial lives. You can read the full article using the link below. Please don’t hesitate to reach out if you, your children, or grandchildren have questions about the ideas shared.
This chart shows the yield from Credit Suisse High Yield Bond Index going back to 2010. Bonds with a CCC rating are considered junk and carry so much risk that most banks are not allowed to invest in them. Yields on these bonds spiked dramatically during the early days of the Covid-19 pandemic, reaching nearly 25%. Since then, yields have dropped dramatically, to decade-long lows. In our view, there may be a little too much appetite for these very risky securities in the current market.
Employee Favorites
Door Dash
Door Dash is a food delivery service that has recently expanded its scope, now delivering from Michael’s, Macy’s, PetSmart, Petco, Sam’s Club, Walgreens, CVS — to name few places. It has been a real resource for our team during the pandemic and it might benefit your family in the months to come.
"Stocks go up the escalator and down the elevator"
- The Philosophical Investor
The Lighter Side of Investing
Reprinted with permission of CartoonStock
Barry Team Happenings
To celebrate Earth Day, Beth Parker volunteered to help clean up a local trail through the Buzzards Bay Coalition. Beth plans to continue to volunteer and to serve as the land steward for the trail near her house. Nicely done, Beth!
Fidelity is creating a program showcasing the Fidelity Gift Fund and Joe Barry was interviewed as a representative of Financial Advisors who use the fund. We will be sure to forward the final product once it is finished! In the meantime, if you have any questions regarding the Fidelity Gift Fund and if it could benefit you, please reach out to the team.
Barry Investment Advisors (“BIA”) is an SEC registered investment adviser with its principal place of business in the Commonwealth of Massachusetts. BIA and its representatives are in compliance with the current registration and notice filing requirements imposed upon registered investment advisers by those states in which BIA maintains clients. BIA may only transact business in those states is which it is registered/notice filed or qualifies for an exemption or exclusion from registration/notice filing requirements. Any subsequent, direct communication by BIA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of BIA, please contact BIA or refer to the Investment Advisor Public Disclosure web site (www.adviserinfo.sec.gov).
Investments involve risk and are not guaranteed. This web site and any information contained on the web site are not intended to provide investment, tax, or legal advice.
