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28089 Vanderbilt Drive
#103
Bonita Springs, FL 34134

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Office: 239-444-1794
Fax: 888-908-6052

 

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Thursday, June 8, 2017

The kids' faces are the best! Charity for Change uses an afterschool program to help them with their academics all while teaching them to give to their favorite charities! This was one of the end of year assemblies we just attended at...

 

Thursday, June 8, 2017

The best of all worlds in a charity! Charity for Change uses an afterschool program to help them with their academics all while teaching them to give to their favorite charities! This was one of the end of year assemblies we just...

 

Wednesday, May 31, 2017

Last Wednesday May 24th the Naples Basket Brigade Honored Jim and Amy Novakovich of Nova Wealth Management with a beautiful plaque as the charities top sponsor! We are very happy to have the opportunity to Help the wonderful families...

 

Wednesday, May 31, 2017

See the link for more photos and information on this wonderful cause! http://www.gulfshorelife.com/Along-the-Gulfshore/May-2017/3-of-582-Naples-Basket-Brigade-Donor-Appreciation-Night/

 

Friday, May 26, 2017

Tri-Town Classic Benefiting Valerie's House with Joy Gugliuzza, Erica Castner and Amy Novakovich.

 

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Friday, May 26, 2017

Tri-Town Classic with Erica Castner, Talisha Farber and Amy Novakovich.

 

Wednesday, May 24, 2017

This is our Bocce Ball team. We won our first round game but we lost our edge and lost our second round match. I think we were ready to retire! From Left to Right, Billy Courtright, Amy Novakovich, Jim Novakovich, Brandon Leopoldus, Ed...

 

Friday, May 5, 2017

We made our first trip to Los Angeles last month. This is a picture of Amy Novakovich, Ed Castner and I at the Santa Monica Pier. We met so many great people that we have committed to an every other month trip to the City of Angels.

 

Thursday, May 4, 2017

Amy and I went to the Digital Footprint business conference a couple weeks ago in Atlanta. We are standing in line for lunch with our friend/rockstar/speaker, Erica Castner, and she says to us, "Let me introduce you to Steve Farber."...

 

Friday, April 28, 2017

“You never fail unless you quit.” Greg S. Reid This is twice in two weeks Greg! I look forward to seeing you in again in August!

 

Thursday, April 27, 2017

Thanks for a great time Eric and Chuck! #digitalfootprintatlanta

 

Wednesday, April 26, 2017

Ross Halleck is the Founder of Halleck Vineyard located in Sebastopol, CA. He was an amazing speaker! He did a wine tasting with his Pinot Noir, Gewurztraminer and Sauvignon Blanc, and all three were amazing! We went home with some...

 

Wednesday, April 26, 2017

Jeff is the co-founder of Priceline.com. He has an amazing story and is very inspiring. Thanks Jeff!

 

Thursday, January 19, 2017

The total debt of the United States on 1/20/09 (Obama's Inauguration date) was $10.627 trillion. The total debt of the United States on 1/12/17 was $19.942 Trillion. The increase of $9.315 trillion over the 8 years is an average DAILY...

 

Tuesday, December 27, 2016

When President Franklin D. Roosevelt proposed the Social Security program in 1935, FDR's financial people projected that the total Social Security expenditures would reach $1.3 billion in 1980 or 45 yrs into the future. Actual outlays...

 

Thursday, December 15, 2016

An equal investment at the end of 2015 into the 7 stocks in the S&P 500 that gained at least +50% last year is up a collective +25.0% YTD as of Wednesday 11/30/16 (Source: BTN Research) Nova Wealth Management located in the Naples /...

 

Monday, December 12, 2016

President-elect Donald Trump has proposed a 1 time tax of just 10% on the estimated $2.5 trillion of profits held in overseas subsidiaries of US multinational firms instead of the top marginal 35% tax rate that may be deterring...

 

Wednesday, December 7, 2016

The S&P 500 gained 3.70% in the month of November, its 2nd best monthly gain this year (behind only March which followed a terrible Jan and Feb) and the best November result since 2009. (Source: BTN Research) Nova Wealth Management...

 

Tuesday, November 15, 2016

The average American borrower reaches the apex of his/her decision-making abilities with regard to fees and interest costs at age 53, i.e., the experience and knowledge acquired during your 30s and 40s is maximized at age 53 but then...

 

Monday, November 14, 2016

The 111.4 million households in the United States on 9/30/09 were split between 75.3 million owners and 36.1 million renters. The 118.6 million households in the United States on 9/30/16 were split between 75.3 million owners and 43.3...

 

Friday, November 11, 2016

A child born in 2016 that begins kindergarten in the fall of 2021 would attend college between the years of 2034 and 2038. If that child attended an average public in state 4 year college and if the annual price increases for public...

 

Thursday, November 10, 2016

Federal estate and gift taxes collected during fiscal year 2016 (12 months that ended 9/30/16) were just $21.4 billion, less than two-thirds of 1% of the $3.267 trillion of tax receipts collected during the period. Total individual...

 

Wednesday, November 9, 2016

Health insurance coverage available through the Federal exchange will show a 25% average price increase in 2017. The math is based upon the 2nd lowest cost "silver plan" offered by participating health insurance companies, the specific...

 

Tuesday, November 1, 2016

54.4% of the American taxpayers (50.4 million out of 92.7 million returns) that report adjusted gross income less than $50,000 during tax year 2014 legally did not pay any federal income tax (source: IRS). Nova Wealth Management...

 

Monday, October 31, 2016

Beginning in 1975, adjustments to Social Security retirement benefits for the following year have been pegged to changes in the Consumer Price Index (CPI). Limited national inflation has resulted in no "cost-of-living adjustment"...

 

Thursday, October 27, 2016

The federal estate tax exemption is estimated to increase from $5.45 million (per decedent) in 2016 to $5.5 million as of 1/1/17, i.e., a married couple would be able to shelter $11 million from federal estate and gift taxes. The IRA...

 

Monday, October 24, 2016

The national debt on 1/20/2009, the date that Obama was inaugurated following his November 2008 Election, was $10.627 Trillion!! The national debt on 10/3/16, less than 4 months before his 8 years in the White House end, was $19.643...

 

Friday, October 21, 2016

US retirement assets (Defined Benefit Plans, Defined Contribution Plans and IRA's) reached a record $24.5 trillion as of 6/30/16, up +76% from its $13.9 trillion total as of 12/31/08. (source: Investment Company Institute)

 

Thursday, October 20, 2016

The New York Yankees has the highest opening day payroll of $223 million for the just completed 2016 season. The Cleveland Indians has the 27th highest opening day payroll of $74 million this last season. The Indians are now headed to...

 

Tuesday, August 2, 2016

Last week Apple reported better than expected Q3 results. Revenues and earnings did decline year over year but they were better than the street expected. The number of iPhones shipped was better than expected but the average price was...

 

Wednesday, June 29, 2016

Part of the reason for Tuesday and Wednesdays big upward move has to do with the fact that hedge funds are auto rebalancing their portfolios this week because of the quarter end. The 10 year Treasury is at 1.45 yield with means that...

 

Friday, June 24, 2016

I was driving to the gym this morning and turned on CNBC on the radio. I literally threw a personal party as I was driving when I learned that GB voted to exit the EU!!!! The domestic pre-markets were down 500 points. We have been...

 

Friday, June 10, 2016

An update the bearish call I made a couple days ago. The July 8th 212.5put cost 3.36 on Wednesday. The market is down triple digets today and right now the 7/8 212.50 put is bidding 4.71 or up 40.17% in two days. Wow, that is fun. Keep...

 

Thursday, June 9, 2016

At the close yesterday the SPY which is the S&P 500 ETF was at 212.37. The Relative Strength Indicator was just north of 73. When the RSI approaches 70 that means that the market is over bought. When the RSI is approaching 30 that...

 

Tuesday, May 31, 2016

Well here we are May 31st. The seasonal "Sell in May and go away" didn't really pay off this year. Nova has been cash heavy for since the middle of March. The Relative Strength Indicator is currently at 62 which feels pretty strong. We...

 

Monday, September 28, 2015

I wanted to share this cute but eye opening story with everyone, enjoy.......I recall a phone call I once received from a frantic client. Her call came during one of the many crises we've experienced in the past 25 years. "My...

 

Monday, September 14, 2015

The average hourly wage of a worker in the private sector (i.e., non-government job) as of 7/31/15 was $25.01. The average hourly wage of a worker in the private sector as of 7/31/07 was $21.00, i.e., before the 2008 recession began....

 

Friday, March 6, 2015

At the end of 2010, 9.0% of mortgages had at least 1-payment past due and another 4.6% of mortgages were in the foreclosure process. As of the end of 2014, 5.7% of mortgages had at least 1-payment past due and another 2.3% of mortgages...

 

Wednesday, March 4, 2015

WHEN RATES GO UP - The last time that the Federal Reserve began a series of interest rate hikes was 6/30/04. The Fed mplemented 17 separate ¼ of 1% rate hikes between 6/30/04 and 6/29/06, taking the Fed funds rate from 1.0% to 5.25%....

 

Friday, February 20, 2015

The S&P 500 has been in a bull market since bottoming on 3/09/09, i.e., more than 71 months ago. The index has gained +252% (total return) from the 3/09/09 low point (through Friday 2/13/15) but gained +55% in just the first 6 months...

 

Monday, February 2, 2015

THEY LIKE OUR STUFF - $2.5 trillion of the $6.1 trillion of US Treasury securities that are held by foreigners are owned by residents of China and Japan, i.e., 41% of the total (source: Treasury Department).Nova Wealth Management:...

 

Friday, January 30, 2015

President Obama proposed on 1/20/15 to raise the top tax rate on long-term capital gains (LTCGs) to 28% from 20% today (note that LTCGs are taxed at 23.8% when you add-in a Medicare surtax from the ACA). LTCGs were taxed at 28% between...

 

Tuesday, January 27, 2015

LOWEST EVER - Economic turmoil throughout Europe has driven global debt investors to the US Treasury market. Increased demand for 30-year US paper has pushed prices up and yields down. The closing yield last Friday 1/23/15 for the...

 

Monday, January 26, 2015

The European Central Bank (ECB) announced plans on Thursday 1/22/15 to begin monthly purchases of 60 billion Euros of sovereign and private sector debt for 18 months beginning in March 2015, i.e., total purchases of 1.1 trillion Euros...

 

Monday, January 12, 2015

Every time in our history when oil drops 50% is comes back hard with a vengeance for the following 6 months. The chatter is potentially $75 WTI by the end of the year. The reason most average investors lose in the market isn't because...

 

Friday, January 9, 2015

Shares of Southwestern Energy Co. (SWN) are lower by 1.28% to $24.75 in mid-afternoon trading on Friday, as oil and energy related stocks dip due to the decline in oil prices. Crude oil (WTI) is falling by 2.03% to $47.80 per barrel,...

 

Friday, January 9, 2015

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called...

 

Thursday, January 8, 2015

The Dow is up 280 points halfway through the day. It is always interesting to me how the media will swing from negative to positive and positive to negative from one day to the next. On Monday you could have swore the sky was falling....

 

Wednesday, January 7, 2015

It sure has been a crazy few months with oil prices. The question is who is going to blink first, OPEC or the US. WTI is sitting at 48.59 right now. Hard to believe how it has been cut by more than half. The consensus is that we could...

 

Tuesday, January 6, 2015

MILITARY EXPERIENCE - 4 of 5 current members of Congress (80.2%) are not military veterans. Only 18 senators (out of 100) and 88 House of Representative members (out of 435 House members) served in the military. This percentage is a...

 

Monday, January 5, 2015

OFF TO COLLEGE - The average American family anticipates borrowing 26% of the total cost of their child’s college education, either through student loans or loans taken out by Mom and Dad (source: Sallie Mae).Nova Wealth Management:...

 

Monday, January 5, 2015

THE BARE MINIMUM - Just 2.5% of American workers (3.6 million out of 143.2 million workers) were earning the minimum wage at the end of 2012 and 51% of them were less than 25 years old (source: Department of Labor).Nova Wealth...

 

Friday, January 2, 2015

TEN TRILLION DOLLAR ADDITION - The national debt as of 9/30/04 was $7.379 trillion. The national debt as of 9/30/14 was $17.824 trillion. Thus, the national debt has increased $10.445 trillion over the last 10 fiscal years, i.e.,...

 

Wednesday, December 31, 2014

WE WILL NEED MORE - The United States is expected to require 51,880 additional primary care physicians by the year 2025 over and above the number of primary care physicians that are practicing today (i.e., from 208,807 to 260,687). The...

 

Wednesday, December 31, 2014

MORE GOING IN THAN COMING OUT – An average high income American couple that retired in 2010 will pay $765,000 of lifetime Social Security taxes but receive just $693,000 of Social Security benefits, i.e., for every $1 paid in taxes,...

 

Tuesday, December 30, 2014

CAN YOU WAIT A FEW YEARS? - An individual that has earned income up to the maximum Social Security wage base each year who then waits to take his/her Social Security retirement benefit until age 70 will receive +77% more income per...

 

Tuesday, December 30, 2014

According to a report from the Wall Street Journal citing 360pi, a research firm that tracks online products prices, Wal-Mart’s and Target’s prices online could have been 5% to 10% cheaper on average than Amazon’s prices in four main...

 

Friday, December 26, 2014

From everyone here at Nova Wealth Management we would like to wish all of our clients and friends and family a blessed and happy holiday! Nova Wealth Management: Financial Advisors serving Marco Island, Naples, Bonita Springs, Estero...

 

Tuesday, December 23, 2014

U.S. stocks furthered record gains on Tuesday, with the Dow Jones Industrial Average surpassing 18,000 for the first time, as investors embraced data that had the economy expanding in the third quarter by the most in 11 years. "The GDP...

 

Monday, December 22, 2014

Dec 22 (Reuters) - The nation's largest pharmacy benefit manager has lined up a cheaper price from AbbVie Inc on its newly approved hepatitis C treatment and, in most cases, will no longer cover Gilead Sciences Inc treatments, Express...

 

Saturday, December 20, 2014

Despite "brutal intrusions" into the company, Sony said it still wants to show "The Interview," and it blames theater owners for ultimately cancelling the film's Christmas Day release. Sony's statement came hours after President Barack...

 

Friday, December 19, 2014

Oil bounced higher on Friday as selling pressure from a six-month price rout eased for a second time this week on short-covering, helped by fresh buying in U.S. crude before the expiry of the front-month contract. U.S. West Texas...

 

Thursday, December 18, 2014

Skyworks Solutions received a price target increase on Thursday based on better-than-expected handset demand from Apple (NASDAQ:AAPL) and Samsung.Pacific Crest Securities, which has an outperform rating on Skyworks (NASDAQ:SWKS) stock,...

 

Thursday, December 18, 2014

NEW YORK (Reuters) - Global crude prices fell again on Thursday, a day after a short-covering rally, as traders placed new bets that the market would resume a six-month rout on worries about a supply glut.Benchmark Brent and U.S. crude...

 

Wednesday, December 17, 2014

THE WOODLANDS, Texas, Dec. 15, 2014 /PRNewswire/ -- CB&I (CBI) On Thursday, Dec. 11, Georgia Power and construction partners Westinghouse and CB&I joined community leaders and project workers at a special event to mark a year of...

 

Wednesday, December 17, 2014

The Nova family would like to thank everyone who participated in the Toys for Tots drive this year. We would also like to thank the Salvation Army of Collier County for spearheading the drive. If you wish to see all the good the...

 

Wednesday, November 26, 2014

Nova Wealth Management, Inc.Nova Wealth Management is proud to announce that we are collecting toys for children of SW Florida this holiday season. We have a nice big box in our lobby from Toys for Tots! We invite everyone to stop in...

 

Wednesday, October 22, 2014

It is very interesting to me the way the market swings over news that has absolutely nothing to do with earnings. Our thoughts and prayers go out to our friends in Canada for todays tragedy, however it has zero effect on our equity...

 

Monday, October 20, 2014

Nova is very excited about the opportunity that the market has created for us. Some stocks have pulled back more than 20%. We has a firm is waiting for a confirmed buy signal and when we get it we will put the cash back to work.

 

Wednesday, October 8, 2014

Stop Losses have been triggering for well over a week now. We feel stop losses are good if you wish to lock in gains or if you want to limit the downside on a stock. We are comfortable going to cash right now because we are looking...

 

Thursday, October 2, 2014

After yesterday's big pullback it just doesn't feel like a good time to open new positions. Amy made case that we should buy since we had a big pullback and every time over the past 3 years when you get a big pullback it has bounced...

 

Monday, August 4, 2014

We are very proud to announce that Nova Wealth Management, Inc. has won the 24th Annual News Press 2014 Best of Southwest Florida in the category of Best Financial Advisor!

 

Thursday, July 31, 2014

It is so important to keep in mind that days like this are expected. Nothing goes in a straight line. Now the question is will folks be disciplined to buy after a selloff like today?

 

Tuesday, July 22, 2014

This morning Ackman promised to make a compelling case as to why Herbalife is a fraud. Shares in Herbalife traded 7% to the downside yesterday leading up to the Tuesday morning three and a half hour lecture from Ackman. It is 2:50pm on...