The passage of the CARES legislation is a positive for Americans. It’s a massive, coordinated, financial backstop from the federal government that should help provide relief and relatively solid economic footing.
What the CARES Act means for you
Retirement Planning
Be balanced and give the stock market time to recover
Like many of you, Bianca and I are attempting to find a balance between taking prudent safety precautions and still living our lives. Thanks for your concern We are healthy, our family is healthy. Those visiting our office will notice an increase in strategically placed hand sanitizers, but otherwise it’s still business as usual. I’ve […]
Coronavirus: What to do about stock volatility
Fears surrounding the spread of a novel coronavirus and its resulting disease, COVID-19, have caused significant market volatility. The S&P 500 Index* is down by double-digit amounts since last fall. And, uncertainty about COVID-19 containment continues. Let’s consider some facts. At the time of this writing, global infections exceeded 118,000, leading to 4,262 deaths, according […]
How to prepare for your long-term care – Part 3
CHOOSING SENIOR CARE You may not be in a position to care for yourself at home one day, and making the transition to some form of daily care won’t come easy. That’s why it’s good to have this discussion now. Thoughtful selection of a care facility Dean, my friend’s father whose story I’ve been sharing […]
How to prepare for your long-term care – Part 2
ESTATE PLANNING Most people would like to control how their money gets used as they get old and where they would like it to go after they pass away. Those wishes form an individual’s legacy intentions. It’s good to put them down in writing. This is Estate Planning. It’s Step 2 in planning for your […]
How to prepare for your long-term care – Part 1
INVESTMENT PLANNING One day, you or someone you love may need daily living assistance or monitored medical care. Are you ready for that day? What can you do now to prepare for it? “I never would have imagined it,” says Dean, who is 84 and the father of a friend of mine. “I had a […]
Let’s talk about Social Security correctly
Every year, trustees of the Social Security trust funds issue an annual report. And every year, the media overreact and misreport to the American public what the trustees have to say. Here are a few headlines, which I feel are misleading: “The Social Security Trust Fund Goes Bust” — The Wall Street Journal, June 7, […]
What should you do about the Equifax data breach?
Who is Equifax, and why are they in the news? Equifax is one of the leading consumer credit reporting agencies. Earlier this month, they announced a major loss of data. Hackers gaining access to Equifax data have left 143 million consumers vulnerable to identify theft and credit fraud. It’s hard to believe, but with this […]
Bonds in a rising rate world
In March, the Federal Reserve Board raised interest rates. The increase of one quarter of one percent was only the third time in a decade that rates have gone up. Many economists believe that more increases are coming. The Fed itself has mentioned the possibility of further rate increases this year. There was a time […]
Exciting changes are here at Asset Strategies
My new partner, Adam Hartrum, and his wife, Bianca, join the firm The next time you come in the doors of Asset Strategies, you’ll have more smiling faces to greet you — and a greater depth of experience to care for your wealth management needs. That’s because Adam Hartrum has joined our firm. Please join […]