Blog

During these difficult times we and some of our peers have had people ask us:

Congress has passed The CARES Act.  This stimulus package brings relief to the American people during an unprecedented time when portions of the economy have been brought to a screeching halt.  We will outline some of the very basics that have emerged from this bill.  Like the SECURE Act, it is a massive bill with plenty of interpretation still to trickle out. 

I am sure you have noticed; the market is down. People are nervous or fearful and those feelings are not unwarranted. Even though we have lived through the Avian Flu - H5N1 and the Swine Flu – H1N1 outbreaks, this feels a little different. I obviously can’t tell you when we will get a vaccine or when the market will make a comeback.

Mature women have more choices now than ever. We spent our youth forging ahead despite the gender limits we faced. Women revolutionaries in the late 60s and early 70s invaded and changed the face of the American workplace.

Be Smart with Your Money – Make your Charitable Donations from your Required Minimum Distribution (RMD) using a Qualified Charitable Donation (QCD). This is a tax efficient way to use your RMD to make charitable donations and get the biggest tax bang for your charitable buck.

Buying a house is a big decision. It’s a big lifestyle decision and a big financial decision. Just like anything that impacts your life in a major way, it’s best to step back and do some planning first. Here are some tips on how to get ready financially.

Determine how much house you can afford.

The global stock markets have dropped the last 2 days in response of fears about the spread of the coronavirus. As the reports of deaths due to the coronavirus expand beyond China, health officials in most countries, including the US, are developing containment and treatment plans. Pharmaceutical companies around the globe are developing coronavirus drugs and vaccines.

Now, that’s an excellent question! What return should you expect from your portfolio? I could give you a song and dance about predictions and fluctuations. But instead, I’ll take you to a Lakers game.

Day-in and day-out I help the advisors and clients of BCR Wealth on the execution in their accounts. For me, the IRS limits are an important part of what I do.

Outbreaks of epidemics typically affect the value of your portfolio.  In the past it has always been in the short-term.  The fear of the coronavirus has caused equities to sell off from their recent all-time highs.  There is no reason to expect this outbreak to behave any differently.  This sell-off is ok.