There are two programs for small business owners, the EIDL loan/grant and the PPP (payment protection plan) loan. Both offer assistance for small businesses. Information is coming out rapidly and the details do seem to be changing slightly as it comes out. EIDL – Economic Injury Disaster Loan This loan is taken out directly from […]
Investments
Cares Act
Congress has passed the Cares Act. (link below to full text) https://www.congress.gov/bill/116th-congress/senate-bill/3548/text There are many items that could affect you and I will be crafting a longer analysis of items that may impact you and those you know. Here are some highlights: 1) Individuals making under $75k AGI in 2019 will received $1,200 payment, […]
Corona Virus – Market Update
Today saw the largest one day drop since 1987 as fear of the corona virus hit the markets. Most market indexes are now down 20% from their high which is what qualifies as a market correction. In 1987, the market dropped over 22% on what is referred to as “Black Monday”. When Was the Last […]
2020 Corona Virus Market Correction
The corona virus continues to dominate the financial press and has resulted in one of the fastest 10% drops in the stock market that we have seen. While its been fast and furious, I think its important to remember that throughout history the patient investor has been rewarded for taking risk and staying in the […]
Corona Virus – History Lesson
Today (2/24/2019) the Corona Virus impacted stock markets driving market indexes down more than 3%. Fears of the impacts of the virus results in a relatively large one day drop for the stock market. I wanted to review past Epidemics to help calm investors and understand the risks to their portfolios and the most prudent […]