The recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act included some significant items that not only impact small businesses but also have some changes for IRA’s and employer-sponsored retirement plans.
This morning, I was asked by one of our clients two very important and good questions. After I replied, I thought that others might have the same concerns, so below is our back and forth. Bo, Hope all is well. First, I would like to acknowledge Montgomery for keeping in contact with us. Inquiring
Client Update Monday, March 23rd, 2020 The U.S. economy is a $22 trillion behemoth. Like an extremely large ship, it takes a lot to change its speed and direction. Those adjustment usually can’t turn on a dime. Under normal economic conditions, the signs of change (good and bad) within the economy are typically visible far in advance.
Nick Murray is the advisor’s advisor. I’ve recently been rereading some of his writings, which have been relevant, and remain so, especially today. And by the way, this applies to all – obviously including us here at BCM. Stocks won’t make you wealthy. Your behavior around stocks makes you wealthy.” Nick Murray When
Our take on the Coronavirus scare within the context of historical perspective