About Us

Learn More

Resources

Learn More

Podcast

Learn More

The Currency of Time Book

Learn More

Contact Us

Say Hello
Frequently Asked Questions Confidential Questionaire Client Access
 
 
  • About Us
  • Resources
  • Podcast
  • Book
  • Social Media
  • Client Access
  • Contact Us

Meet the Team

Learn More

Holisitic Wealth Management

Learn More

Advisor Succession – Join Our Team

Learn More

Blog: Retire While You Work®

Learn More

Video Library

Learn More

In The Community

Learn More

Frequently Asked Questions

Learn More

Client Testimonials

Learn More

New Client Questionaire

Learn More

Retire While You Work® Podcast

Join us as we discuss various topics to help you find the path to viewing money as a means to the true currency, TIME, and learn how to build more memories and experiences.

View All Episodes

THE CURRENCY
OF TIME

What if you could do what you're passionate about and achieve a work-life balance? What if you were relieved of the pressure to have some massive amount saved?

Learn More

Follow Us On

Contact Us

2905 12th Ave South, #108
Nashville, TN 37204
Phone: (615) 435-3644
Say Hello
Frequestly Asked Questions
New Client Questionaire

Looking Back Over the Past Year

It has now been a little over a year since the World Health Organization (WHO) official declared COVID-19 a global pandemic which subsequently sent business, the economy, and public health into a tailspin. For a while, things looked bleak as stay at home orders were issued and everyone began working from home. As we look back over the past year, things have certainly changed, many of them most likely forever. But, as the vaccine continues to rollout and case counts continue to drop, hope of getting back to normal is beginning to emerge on the horizon ahead and for that we are all grateful. Although for most of us, a new normal will never have things the same as they were, I would like to take a moment to reflect on some of the key statistics – both from a health and a financial standpoint – that emerged over the past year.

  1. On March 10th of 2020, 38 people had died of COVID-19. Since then, over 500,000 U.S citizens have died from the virus, over 2.5 million people have died worldwide, and over 115 million people have had COVID-19, as of March 10th
  2. A year ago at this time, a vaccine didn’t exist. The first COVID vaccine was given on December 14th, 2020. Since that date, 1 in 4 US adults has received the vaccine and more than 345 million doses have been administered across the world in 127 countries as of March 13th, 2021.
  3. The government stepped in to help provide support to American citizens. As of this writing, more than $5 trillion has been spent. For reference, Obama’s stimulus plan following the great recession provided $840 billion in support.
  4. In February of 2020, the US unemployment rate rose to a high of 14.8%. Last month, 379,000 jobs were added bringing the total unemployment rate in the US down to 9.5%. In 2009, the unemployment rates peak was 10%, for comparison. With that said, some companies, mostly those who are technology focused hired like crazy. In 2020 Amazon was bringing on an average of 1,400 new workers a day, adding over 427,000 employees in 10 months and bringing their total number employees to 1.2 million (not bad for a company that started out selling only books).
  5. From February 14th to March 23rd the S&P 500 fell over 30%. Since the lows of March 23rd, 2020 through March 12, 2021 the S&P 500 has risen over 70%

 

All of these statistics are presented politics aside. Where we go from here is yet to be decided. But as the vaccine continues to rollout and the country begins to open, we feel that 2021 is poised for growth with most economist projecting GDP to be over 4% in 2021. 2020 was a long year – our hope for 2021 is that we can all be a little nicer to each other, a little more forgiving, and to have much more face to face interactions towards the middle and into the end of the year because we certainly miss that around the office!

 

Source: Morning Brew Morning Newsletter

Recent Posts

  • News
  • Newsletter
  • Retire While You Work

Spring 2025 Newsletter

Read More
  • Retire While You Work

Spring Clean Your Finances: A Mid-Year Money Check-In

Read More
  • Retire While You Work

How to Go on Offense During Market Volatility

Read More
  • Retire While You Work

Staying the course through the headlines

Read More

Archives

  • June 2025 (2)
  • May 2025 (7)
  • April 2025 (7)
  • March 2025 (10)
  • February 2025 (5)
  • January 2025 (6)
  • December 2024 (6)
  • November 2024 (5)
  • October 2024 (2)
  • September 2024 (6)
  • August 2024 (5)
  • July 2024 (5)
  • Nashville Location:
    2905 12th Ave South, #108
    Nashville, TN 37204
    Phone: (615) 435-3644
    Murfreesboro Location:
    1639 Medical Center Pkwy,
    Floor 4,
    Murfreesboro, TN 37129
    Schedule Appointment
    Murfreesboro Location:
    1639 Medical Center Pkwy,
    Floor 4,
    Murfreesboro, TN 37129

    Adams Wealth Partners, LLC is not a registered broker/dealer and is independent of Raymond James Financial Services. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC

    Neither Raymond James Financial Services nor any Raymond James Financial Advisor renders advice on tax issues, these matters should be discussed with the appropriate professional.

    Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.

    The running stock ticker is not a recommendation to buy or sell stocks of the companies pictured.

    Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC, marketed as Adams Wealth Partners. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.Adams Wealth Partners is separately owned and operated and not independently registered as a broker-dealer or investment adviser.

    Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP® holders at Adams Wealth Partners, LLC are: David Adams, Myles Zueger, Carson Odom, and Spencer Provow

    CPA holders at Adams Wealth Partners, LLC are: David Adams, Carson Odom, and Christine Kinsley

    Please note that all archived content is for informational purposes only. Investment decisions should not be based on the content provided herein. For the most up-to- date statistical information and analysis, please contact your financial professional.

    Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability.

    The 2024 Forbes ranking of America’s Top Wealth Management Teams Best-In-State, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 3/31/2022 to 3/31/2023 and was released on 01/09/2024. Advisor teams that are considered must have one advisor with a minimum of seven years of experience, have been in existence as a team for at least one year, have at least 5 team members, and have been nominated by their firm. The algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 10,100 team nominations, 4,100 advisor teams received the award based on thresholds. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please see https://www.forbes.com/lists/wealth-management-teams-best-in-state/ for more info.

    Barron’s Top 1,200 Financial Advisors 2023, is based on the period from 09/30/2021 - 09/30/2022 and was released on 03/15/2023. 5630 nominations were received and 1,200 won. Neither Raymond James nor any of its advisors pay a fee in exchange for this award. More:https://www.raymondjames.com/award-disclosures/#2023-barrons-top-1200

    Please note that all archived content is for informational purposes only. Investment decisions should not be based on the content provided herein. For the most up-to- date statistical information and analysis, please contact your financial professional.

    Raymond James is not affiliation and does not endorse the above-mentioned organizations.

    Nashville Wealth Management & Financial Advisors | David Adams CPA, CFP® | Copyright © 2024 | Privacy Notice | Legal Disclosure

    brokercheck_external
    • About Us
    • Resources
    • Podcast
    • Book
    • Contact Us