The economic struggles in our country are among the worst we’ve ever seen. In April, a record 20 million people lost their jobs, and 36 million people have filed for unemployment since the COVID-19 pandemic struck in mid-March. Record drops in consumer confidence, manufacturing, and spending are all adding to the immediate economic fallout.
Money Matters With Greg Blog
We hope everyone had a wonderful Mother's Day celebrating all of the awesome Moms in their lives. Thank you to all Mothers for making us who we are today.
Finding the right work-life balance
The “work first, life second” mantra guides far too many of us these days—from driven entrepreneurs to ladder-climbing professionals to overcommitted parents. One result: little to no time for family, friends, spouses, self-care and other vital parts of living our best lives.
Which type of financial advisor should you work with?
These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery shown by healthcare workers on the front lines. Other heroes will likely emerge from a lab somewhere with a vaccine in the near future.
“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett
Thought everyone might appreciate a short summary of the CARES ACT
When it comes to financial planning, protection and preservation of wealth are of the
utmost importance; however, different phases in the saving and investing process, as
well as highly volatile market conditions like we are seeing with the Coronavirus, call for
different ways and means of managing market risk.
The Accumulation Phase
If the effects of COVID-19 are waking you up in the middle of the night to a money-related
panic attack, do not worry - you are not alone. It is natural for us to worry about our financial
situation, especially during a pandemic, as it dictates so many facets of our everyday life.
Nevertheless, financial stress is a big deal and needs to be addressed.
Riding the highs, and experiencing the lows, it is the way of the investment market. However, what if we
told you that the key to sound and quality investing is learning how to keep it cool when the market is in
turmoil? Yes, this includes our markets today, where Coronavirus has caused a shocking amount of