Posts by frontoffice
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…
Read MoreSocial Security Woes
In 2000, actors Helen Hunt and Kevin Spacey starred in “Pay It Forward.” The premise of the film is that a person repays a favor by offering small acts of…
Read MoreWhat Might Be Next — Inflation or Deflation?
Consumer prices fell by 0.8% on a seasonally adjusted basis in April, the biggest drop in more than a dozen years, the Bureau of Labor Statistics reported. Conversely, prices for…
Read MorePost-Pandemic Job Market
Preservation Specialists, LLC | It will be interesting to see how the job market fares over the next few months. While millions of workers have been laid off due to…
Read MoreThe Pandemic’s Financial Toll on Women
In April alone, the U.S. lost more than 20 million jobs — increasing the unemployment rate to 14.7%. Researchers say one of the demographics hit hardest during the pandemic is…
Read MoreAre the Stock Market and the Economy Out of Sync?
In normal times, the stock market is often a reflection of the economy. But these are not normal times. Even though April was marked by a global shutdown of businesses,…
Read MoreThe Perks and Pitfalls of Self-Employment
Sole proprietors in the U.S. caught a huge break in April. The Paycheck Protection Program, borne out of the economic hardship caused by the COVID-19 pandemic, became available to solo…
Read MoreBeware of Coronavirus Scams
Beware of Coronavirus Scams | After a press conference in which President Trump mentioned scientists were testing the potential of using disinfectants as a coronavirus cure, poison control centers across…
Read MoreHow to Deal with Financial Stress
The Coronavirus or Covid-19 brought financial stress to many people and it is important to learn how to deal with financial stress. A recent survey by the National Endowment for…
Read MoreTwo Retirement Planning Approaches: Safety vs. Probability
Two Retirement Planning Approaches | According to Merrill, four of the most common risks to your retirement strategy are: A significant market drop shortly before or early in your retirementInflation…
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