Special Coronavirus Alert – Stock Market Pullback

What happened? A little more than a week ago, on February 19, the S&P 500 closed at a record high of 3,386.16. Yesterday, it closed at 3,128.21, suffering a brutal -7.6%decline in only four days, and turning negative for all of 2020. Since last Wednesday’s high, $2.138 trillion of stock market value has been erased. And we all know the reason …

TPW Team Visits Smash Room!

The entire Towerpoint Wealth team participated in their most unique (and savage!) teambuilding event to date at Smash Sacramento, letting loose and having fun in smashing old computer hardware, glass bottles, ceramic plates, automobile windshields, and other small electronics for 30 minutes. According to one psychologist, smashing things can help to manage stress and increase mental …

‘Helping You Relax During the Season of Tax’

It’s that tiiiiiime And while the data is a few years old, the unfortunate message contained below about the six billion hoursĀ that Americans spend annually preparing our income taxes still resonates: With that being said, we can think of no better time of year during which the Towerpoint Wealth mission statement better applies: Helping you …