In March, the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law. It was designed to help Americans impacted by the COVID-19 pandemic. The new law offered investors a financial break. One benefit of the CARES Act was it gave people the option to skip required minimum distributions (RMDs) from traditional Individual Retirement Accounts… Read More
Every few months, you may hear the phrase “we’re entering earnings season” as you read financial news. But what exactly is “earnings season” and why is it important to Wall Street? Earnings season is the period of time when a majority of publicly traded companies release their quarterly financial reports. Companies often go into great… Read More
Recently, you may have heard that financial industry regulators established a new set of rules designed to guide investors who work with an investment professional. This new set of rules is called “Regulation Best Interest” rule, otherwise known as “Reg BI.” This rule establishes a series of guidelines about how to meet investors’ best interests.… Read More
“What does financial responsibility mean to you?” by Julia Kerns When I was younger, my parents would always tell me to save some of the money I’ve received, whether I earned it from doing chores, I was gifted it through birthday or Christmas presents, or simply finding loose change on the ground. I always thought… Read More
As a business owner, you’ve worked hard for your success. The long hours, the difficult decisions, and the sacrifices you have made have led to where you are today. The last thing you want is to suffer a disruption to your business. If there is anything that the COVID-19 pandemic has taught us, it’s the… Read More
The COVID-19 pandemic has shaken up nearly every aspect of American life. To say it’s been a difficult time would be an understatement. However, difficult times may open doors to new possibilities. Businesses are changing their ways of operating, and individuals are exploring new avenues for investment. It may be time for you to consider… Read More
In times of uncertainty it’s important to remember, control what you can control. I read an article recently about the hoarding of materials that has occurred during this pandemic and the thought process behind it. It all comes down to control, or at least the illusion of it. Having hundreds of toilet paper rolls isn’t… Read More
Investors are people, and people are often impatient. No one likes to wait longer than they have to for something, especially when so much is just a click or two away. This impatience also manifests itself in the financial markets. When stocks slip, for example, some investors grow uneasy. Their impulse is to sell, get… Read More
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble”, Warren Buffet. These days it can feel like everything is spinning out of control. Many factions of our daily lives are temporarily changing and we want to know the best way to react. The stock market is seeing great reactions and… Read More
Getting rich quick can be liberating, but it can also be frustrating. Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or… Read More