Covid 19 Warning and Resources for Older Adults

Thursday, 02 April 2020

These helpful resources can protect you from scammers and provide you with information on healthcare, meal delivery, social security and more...

Covid 19 Warning and Resources for Older Adults

Scams Abound Amid Pandemic Panic

Sadly, as is the case in any crisis, there are those among us who are looking to capitalize on cruelty and take advantage of heightened vulnerabilities. Hackers are trying to lure victims to click on COVID-19 related hyperlinks that contain malicious software and other computer viruses. In some cases, these scams look like official messages from the government and they send people to fake websites where their sensitive information can be stolen. 

The following guidelines can help you protect yourself from these digital scams and stay clear of suspicious links you may come across in your internet travels.

CARES Act Signed into Law –Brings Relief to Millions of Americans

Saturday, 28 March 2020

On March 27 the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to address the unprecedented public health and economic crisis related to COVID-19.

CARES Act Signed into Law –Brings Relief to Millions of Americans

This $2 trillion bill is meant to impact both individuals and businesses and contains significant tax-savings measures. It could affect prior tax years while also creating immediate cash-flow.

Impact on Individuals

Stimulus Checks

Perhaps the most impactful provision for American citizens is the CARES Act’s promise of cash payments of up to $1,200 per single individual and $2,400 for a married couple. Parents will also receive an additional $500 per qualifying child. Payments are phased-out for individuals with incomes greater than $75,000 and for married couples filing jointly with income greater than $150,000.

Provisions are such that payments will be based on 2018 tax returns, though, like the Affordable Care Act’s tax premium credit, there is a true-up related to the amount for which you are eligible on the 2020 tax return. Nonresident aliens, dependents and estates and trusts are not eligible for a stimulus check.

Coronavirus Stimulus Bill Passes Senate Hurdle – House expected to pass it today

Friday, 27 March 2020

The CARES Act is One Step Closer to Becoming Law

Coronavirus Stimulus Bill Passes Senate Hurdle – House expected to pass it today

Late in the day on March 25, the U.S. Senate passed a massive economic stimulus package called the Coronavirus Aid, Relief and Economic Security (CARES) Act. This $2 trillion bill is meant to impact both individuals and businesses and contains significant tax-savings measures. It could affect prior tax years while also creating immediate cash-flow.

While passing the Senate represents a major step forward, the CARES Act must still be passed by the U.S. House of Representatives and then be signed into law by President Trump, both of which are expected to happen on Friday, March 27.

Impact on Individuals

Stimulus Checks

Perhaps the most impactful provision for American citizens is the CARES Act’s promise of cash payments of up to $1,200 per single individual and $2,400 for a married couple. Parents will also receive an additional $500 per qualifying child. Payments are phased-out for individuals with incomes greater than $75,000 and for married couples filing jointly with income greater than $150,000.

Small Business - COVID-19: Twelve Ideas on What to Do

Wednesday, 25 March 2020

Small business owners are no strangers to tough times and are hard-wired to meet a challenge head-on.

Small Business - COVID-19: Twelve Ideas on What to Do

Today, unlike before, it is proving difficult to give ourselves a health break from all the doom and gloom.  In other difficult times, we were able to grab a drink with a friend after work, hit the gym for an intense workout session, get away for the weekend, or have some fellowship at our places of worship. Guidelines recommending social distancing and state-mandated lockdowns have made it difficult for many of us to manage our stress in typical ways. Accordingly, it is important to stay connected with your friends and family and check-in on each other on a regular basis.


“It is health that is real wealth and not pieces of gold and silver.”
—Mahatma Gandhi


Small business owners are no strangers to tough times and are hard-wired to meet a challenge head-on.  I have been speaking with clients, business owners and friends about what they are doing to get by and survive during this time.  Last week I published - “COVID-19 Ten Ideas on What to do” and received a positive response from people so I have written this article for small business owners.  I hope is a useful tool and helps you to navigate through this unfamiliar storm where everything seems to be all over the map.

COVID-19: Ten Ideas on What to do

Wednesday, 18 March 2020

The most important thing to remember is that we will get through this.

COVID-19: Ten Ideas on What to do

What we do in response to the spread of COVID-19 is largely driven by how we choose to impact others. As a society, we want to ensure that everyone who gets sick from COVID-19 has access to the care they need, which includes health professionals who are healthy and well.  Like many people, I’m hunkered down in my apartment, which is also my home office, keeping my social distance.  What can I do to help in this situation?  I believe a good stress reduction technique--and we all could use a little less stress right now--is to think about how we can safely help others.  Below I have listed ten helpful ideas to consider at this time that can help you and others.

This too shall pass...

Tuesday, 10 March 2020

Yesterday – March 9 – was the tenth anniversary of the crescendo of global panic that marked the bottom of the bear market of 2007-09.

It is, to me, ironic that the world has elected to celebrate this anniversary with – you guessed it – another epic global panic attack.

At this morning’s opening level of 2,764, the S&P 500 is down over 18% from its all-time high, recorded on February 19. Declines of that magnitude are fairly common occurrences – indeed the average annual drawdown from a peak to a trough since 1980 is close to 14%.* But such a decline in barely a month is noteworthy, not for its depth but for its suddenness.

As we all know by now, the precipitants of this decline appears to have been (a) the outbreak of a new strain of virus, the extent of which can’t be predicted, (b) the economic impact of that outbreak, which is equally unknown, and (c) most recently, the onset of a price war in oil. (That last one is surely a problem for everyone involved in the production of oil, but it’s a boon to those of us who consume it.)

Coronavirus and the Long-Term Investor

Monday, 03 February 2020

Coronavirus and the Long-Term Investor

We have been invited by financial media to suspect that the blended value of 500 of the largest businesses in America and the world has “lost” three percent, with more “losses” to come, due to the outbreak in China of a new strain of coronavirus. Permit me to doubt this, and to suggest that you, as goal-focused long-term investors, join me in doubting it.  

I do not claim to have any idea how far this outbreak will spread, nor how many lives it will claim before it is brought under control. I’m reasonably certain that many (or perhaps most) of the world’s leading virologists and epidemiologists are working on it, and I believe that their efforts will ultimately succeed. Clearly, this is nothing more (or less) than my personal opinion. But if the rich history of similar outbreaks in this century is any guide, this would seem to be a reasonable hypothesis.

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