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Financial Q&A Webinar: Retirement, Stimulus, Refinancing [Video]
We recorded our session and are sharing it with you here. Please fast forward to listen where you want to if you like: Market & Economic Update: 1:00 minute mark CARES Act Update: 18:55 minute mark Question 1: 25:18 minute mark – I’m considering investing in gold for stability in retirement. Is that a good…
Will Company Earnings Recover in 2021?
One of the puzzling things we’ve seen the last two months since the COVID crisis washed ashore in the U.S. is the dichotomy between the real economy and the stock market. On one side, the real economy is posting its worst performance since the Great Depression. Yet on the other side, the stock market is…
It’s Official… We Are In A Recession
This week we got our first estimate of the impact of the COVID crisis on the U.S. Economy. As expected, we’re now in recession. But the real ugly data is still to come. On Wednesday, the Commerce Department posted its estimate of first quarter economic growth for the U.S. The result? Economic activity contracted at…
Financial Planner: Blank Slate [Video]
When we get started working with a new client there are always three things as a financial planner we share with them. And it’s always interesting the reaction we get from this, as a financial advisor we thing this is a common thing you would expect. Values So the first thing is we won’t push…
Update Your Net Worth :Financial Review [Video]
It’s that time of year again when we can look back at the progress you made from last year, and realize you really are making progress month by month. What we are going to talk about is your net worth and how that is increasing. We are looking at three ways to update your net…
Fill Up Those Bathtubs With Oil!
Monday witnessed one of the craziest events we’ve ever seen in financial markets. The price of crude oil dropped below zero, meaning that people would PAY you to “buy” oil. There’s actually a good reason why the price of oil can be negative, but there’s also a larger takeaway about how bad economic conditions are…
Cash Savings Rates: Back to Zero
Keeping cash in savings accounts for emergencies and other cash needs is a bedrock of sound personal financial planning. But there’s a trade-off: earning lower returns. As we assess the post-COVID landscape, we turn our attention to the outlook for cash savings rates. Unfortunately, the potential to earn decent interest rates on our cash isn’t…
Identity Theft: What You Need To Know [Video]
So we are here today to talk about identity theft. It is near and dear to our hearts because we have both recently gone through something similar to this. So at the end of 2019 as I was wrapping up our budget getting ready for 2020, I noticed that right around Christmas I had right…
Investing: Why Are Bonds Important? [Video]
The Stockmarket has had a number of good years this past many years. So strong in fact it can be easy to forget the value of having bonds in your stock market portfolio. So why are bonds important? The stock market tends to go up and and down, go from a bull to a bear…
Where Do We Go From Here? Coronavirus Update
A lot is happening in response to the spread of the coronavirus. As you all know, many of us are in lock-down, working from home and hoping that these actions help “flatten the curve” on the spread of the virus. The Response We are less than one month into stay-at-home orders and school shutdowns, but…
CARES Act: Mortgage Forbearance Request
CARES Act: Mortgage Forbearance Request Background: Another provision of the CARES Act, for keeping more funds in your pocket, allows for individuals with a mortgage to defer their mortgage payments for 90 days, and as long as 180 days. Timing: This is an immediate benefit you can receive. Benefits: If you have a federally backed mortgage…
CARES Act For Businesses: Payroll Tax & Net Operating Losses Loosened
CARES Act For Businesses: Payroll Tax & Net Operating Payroll Tax Payment Deferral Background: The “CARES Act” which was recently signed into law allows employers as well as those self-employed the ability to defer payroll tax or self-employment tax payments. Amount & Timing The payroll tax payments which are eligible for deferral begin on the…
