In my previous article, I outlined 5 Smart Ways to Spend Your $1,200 Coronavirus Stimulus Check. Now, I want to outline exactly what I plan to do with my $1,200 stimulus check from the 2020 CARES Act. However, keep in mind that your situation may be drastically different than mine. For you, there may be …
On Friday, March 27, 2020, President Trump signed the coronavirus relief bill. The goal was to provide some relief and aid to certain impacted industries and American citizens who have been impacted by the economic shuttering caused by COVID-19. As part of the aid package, the plan calls for a one-time direct payment of $1,200 …
5 Smart Ways to Spend Your $1,200 Coronavirus Stimulus Check Read More »
Because of the global health pandemic, government officials have instituted a global shutdown in virtually all non-essential businesses in an attempt to “flatten the curve.” This “social distancing” may not cure the disease. However, the goal is to instead delay or spread out the number of cases over longer periods of time. By elongating the …
Passive Investing During a Recession or Bear Market in 2020 Read More »
As the legendary investor Warren Buffett has sad, “Only when the tide goes out do you see who’s swimming naked.” February and March 2020 have been a rough few months for investors. The longest bull market in history has come to an end at the hands of a novel coronavirus (COVID-19). On March 16, 2020, …
Learning from the 2020 Coronavirus Bear Market for Stocks Read More »
First published in 1997, Rich Dad, Poor Dad was written by Robert Kiyosaki and has sold over 32 million copies globally. A New York Times best seller for over 6 years, versions of the book have been translated into 51 languages and distributed in over 109 countries. The principles outlined by Kiyosaki may be obvious …
Global growth worries stemming from the novel coronavirus have shaken global markets. The possibility of a worldwide pandemic has caused uncertainty around supply chain disruption and consumer spending in the wake of the virus’ spread. Stocks have precipitously dropped nearly 15% from the all-time highs of February 19, 2020 to the last trading day of …
4 Investing Strategies as Coronavirus Fears Spike Read More »
For newly minted accountants and advisors entering the workforce out of college, the “Big 4” firms offer some of the most coveted spots in the industry. Over the last several decades, these firms have evolved to meet the growing demand of clients and the increasing complexity of global business. Today, their expansive services go beyond …
If you have a qualified High-Deductible Healthcare Plan (HDHP), Health Savings Accounts (HSAs) are wonderful tools to save for future medical costs. With a HSA, your contributions are pre-tax (or tax deductible). Essentially, you won’t owe federal taxes on the income you contribute to the account. Further, you have the ability to invest your balance …
Should I Invest the Balance in my Health Savings Account (HSA) in 2020? Read More »
So, you’re weighing the pros and cons of giving your girlfriend money. On one hand, giving or loaning them money solves an immediate problem they face. Maybe, they’re needing to make rent or feel overwhelmed by their debt obligations. Who doesn’t want to help out someone they love? As a man, you may have a …
For most of us renters, paying our landlord each month feels like a complete waste of money. As we enter our mid-to-late 20s and 30s, many of our friends have already taken the plunge of home-ownership. We start getting the imposing question, “So, when are you looking to buy?” In our culture, home-ownership has become …
How long should I rent? 5 Key Considerations Before Buying a House in 2020 Read More »
