Archive for September 2020
Fresno Retirement Advisor News: Recovery: COVID-19 First, Then the Economy
The World Health Organization recently reported that while some countries have made effective inroads to contain COVID-19 within their borders, the pandemic is still well on the rise throughout the world.1 Perhaps one of the most debilitating impacts of today’s global economy is that one country’s problem is now every country’s problem. Because business and…
Read MoreFresno Financial Consultant News: Dealing with Financial Hardship
A recent poll found that nearly one out of every five Americans are experiencing financial hardship due to the COVID-19 outbreak and subsequent lockdowns.1 With reported infections soaring in recent weeks, financial stress could affect even more citizens as various areas of the country struggle to contain the pandemic. However, what may happen in the…
Read MoreFresno Retirement Consultant News: Rerouting Your Summer Vacation
All is not lost. If you planned a multicity tour across Europe or Asia this summer, you’ve probably already rethought those plans. But that doesn’t mean you have to abandon the idea of a vacation altogether. Perhaps a domestic destination, a little ingenuity and a lot of family unity are just what you need. As…
Read MoreFresno Financial Advisor News: How Might the Economic Downturn Affect Dividends?
If a large allocation of your retirement portfolio is invested in dividend-paying stocks, you might see your household income reduced this year. During the Great Recession, dividend payouts dropped by 25% and didn’t fully recover for at least four years. Today’s financial crisis brought on by the worldwide COVID-19 outbreak has once again created a…
Read More