This is our market alert video for the week ending November 20, 2020, and if I don’t get to talk to you before then, I want to wish you all a very happy Thanksgiving. I hope that you are staying sane and healthy. I know that in our household, not all of our family is going to be together for Thanksgiving the first time, I think, ever, and it’s because traveling and bringing COVID home is not a good idea for us, and I hope that your family is all healthy and safe.

The week ended today, was not the best of weeks. We saw the market, the S&P and the Dow, fall. We believe it’s a little bit of the taking profits, because it comes on the heels of 2 torrid weeks. With the advent of the announcements of vaccines coming online, a lot of optimism came. The reality of the vaccines and needing to be frozen and all that, a little bit of reality set in in terms of how we’re actually going to dispense these vaccines. But be that as it may, we still think this is a good time to be invested, a good buying opportunity if it falls, and the reason is because we believe there’ll be more than one vaccine and also, there will be stimulus package on top of that. You put those two together and we could see an economy on steroids. Perhaps even the greatest recovery we have ever seen in the history of our country, and the reason being, we’re starting at a very, very low point.

Things are really bad in the economy, so it doesn’t take much to have large gains, and so we anticipate that that’ll be well received by investors, and we could see new all-time highs ahead of us. So, because of that, we remain bullish, and we don’t see any reason to be cautious or take evasive action at this point. We think it’s a good time to be invested. So, we hope you are well. Thank you for letting us be your retirement planner and for managing our way through this pandemic and everything that’s been going on. We hope that your family is healthy and that you are safe, and we look forward to talking to you soon. Thank you.

MMWKM Advisors, LLC (d/b/a Retirement Planners of America ) (“Retirement Planners of America”) is an SEC registered investment adviser with a primary business location in Plano, Texas. Past performance may not be indicative of future results. All investment strategies have the potential for profit or loss. References to the “invest and protect strategy” (the “Strategy”) and recommendations made under the Strategy from 2007 through 2009 refer to strategies collectively employed and recommendations collectively made by Retirement Planners of America’s principals while employed at Eagle Strategies, LLC., and also at Cambridge Investment Research Advisors, Inc. Four of the five principals remain as principals today, including the Retirement Planners of America’s founder, Ken Moraif, and Chief Investment Officer, Eli Dragon. Retirement Planners of America has been employing the Strategy since its inception in 2011. Therefore, any references to Retirement Planners of America’s performance or its investment advisory recommendations predating 2011 generally refer to recommendations made by Retirement Planners of America’s principals at the respective other firms described above. Like all investment strategies, the Strategy is not guaranteed. It is possible that it can incorrectly predict a bear market (generally accepted as a 20% drop in a market index), which has, in-fact, happened before at Retirement Planners of America and affected its clients accordingly. When the sell / “protect” portion of the Strategy is implemented, affected investors will incur transaction costs and taxable accounts will incur tax consequences. However, when implementing that portion of the Strategy, Retirement Planners of America generally believes that the benefit of avoiding bear markets outweighs the burden of these transaction costs and tax consequences.