COVID-19 is rapidly changing the world and we must adjust accordingly! There is a myriad of issues that will come to the surface in the first quarter of 2021. In addition to the expiring of moratoria and other safeguards, many industries will be cutting and furloughing jobs. HSBC bank, citing issues between China and the USA announced the elimination of…read more →
With Thanksgiving weekend upon us and Covid-19 out of control, tensions and stress are on the rise! President-Elect Joe Biden (refer to my “Bidenomics” column from 2 weeks ago) pledges to raise corporate taxes while also spending more money on free tuition for 2 years of community college for all families who earn under $125,000. In addition, the…read more →
When sitting or now Zooming or Skyping with clients to talk their future, I ask a variety of thought stimulating questions such as: how long do you plan on living? What is most important to you? What are your goals and objectives? How much do you want to leave to your children? The first question is the most difficult…read more →
If you watch TV, especially in the daytime, you might be familiar with Fisher Investments. Ken Fisher built his empire by saying “never buy annuities.” He has inferred that ALL annuities suck! Ken was probably referring to variable annuities, which can have high annual fees. Just like anything else, there are good products and bad products. An independent advisor’s job…read more →
You do not need me to tell you these are crazy times! They will be talking about 2020 for many years to come. Although the last 6 COVID-19 pandemic-months have been long; in a way, blink your eyes and it is already the 4th quarter of 2020. What does this mean financially? There are MAJOR OPPORTUNITIES AVAILABLE for ALL…read more →
With the “Triple P” Paycheck Protection Program money mostly depleted, we are looking at major layoffs this fall. The airline industry is said to be laying off 32,000 workers. 2.4 million workers have been out of work for 27 weeks, with another 5 million approaching the same benchmark. With Covid-19 spikes here in the city and school closings by zip…read more →
“It is what it is!” I think this is a “New York” phrase; however, I have my California friends saying it, so who knows! After a unique summer to say the least, it is now the fall and time to get “Back to Business” and/or “Back to School.” During this COVID-19 era, medium to large gatherings are frowned upon; however,…read more →
Over the last several months, college admissions have been in the news because of the “cheating scandal” including some high-profile Hollywood actresses Lori Laughlin (Full House) and Felicity Huffman (Desperate Housewives). In 2019, they were accused of bribing college entrance-exam administrators to allow cheating on the exams and university athletic coaches to designate school applicants as athletic recruits, regardless of…read more →
When “The CARES Act” was enacted in late March. Everybody knew the $600/week unemployment benefit portion was expiring on July 31, 2020. If politics were like golf, originally (in July) the Senate was playing for the “COVID” 19th hole, whereas the House of Representatives was playing for the next round.
September is NATIONAL LIFE INSURANCE AWARENESS MONTH! Now is the best time to evaluate your existing life insurance policy and/or what type of life insurance is best for you and your family and/or business. Life insurance is the most flexible and leveraged product available to humankind! Let me cover some of the basics before getting into life insurance uses,…read more →
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