With skyrocketing unemployment rates due to Covid-19, many people are finding themselves searching for new job opportunities. Wealth Advisor Patricia Sklar shares her advice on determining which opportunities to go after.
Choosing the right advisor
As the saying goes, "When times are good, anyone can make money." In the tenth year if the bu;; market following the Great Recession, markets are at or near all-time highs, but recent volatility has some i nvestors uncertain on where the markets will go from here. Many are re-evaluating their relationship with their financial advisor to ensure that they are in good hands.
What does fee-only mean?
Read what Brightworth advisors and planners have to say about wisely managing your financial future.
Hiring in a virtual business environment is new territory for many of us. Whether your company is looking to pick up great talent, or you are the great talent looking for a new job, listen to powerful & timely insights from three experts in the talent management space on the changing landscape of virtual hiring practices.
If you’re in your 40s, you’ve been growing your wealth in the last decade since the 2008 recession. Now, you might have questions about how this current bear market will affect your 401(k). Associate Wealth Advisor Josh Monroe shares the reassuring answers he gives to his clients.
In this edition of the Brightworth Business Owner Discussion Series we’ll talk about many issues including:
- What precautions to take when re-entering the workplace.
- What to do if one of your employees contracts COVID-19.
- How to determine what personal protection equipment is appropriate, and guidelines for safe work environment practices.
Ever wondered what you shouldn’t do with your money? If you are a Millennial trying to build wealth you should really read Tom Presley's article featured on Kiplinger.com on 10 Money Mistakes Millennials Need to Avoid!
If you had a solid plan in place before the downturn hit, it should still carry you through ... provided you don't do anything crazy in the meantime. Ryan Halpern offers some recommendations to consider if you are asking yourself: “What do I do now?”
Check out what Brightworth advisors and planners have to say about wisely managing your financial future.
On Thursday, May 7, 2020, the Brightworth Business Exit and Transition Services (BETS) Team hosted a webinar for business owners with Jonathan Minnen, an attorney with Smith, Gambrell and Russell. On the webinar, Jonathan spoke to business owners about best practices for reopening businesses which have been closed or operating in a reduced capacity, as a result of the novel coronavirus. Following is a summary of Jonathan’s remarks.
Last month stocks delivered their best monthly return since 1987 with the S&P 500 rising 13%. Stocks have built on these gains marginally in May, pushing the index up 34% from its March low and down less than 9% for the year. Keep in mind this comes on the heels of a 31.5% return in 2019.
Things are different than you planned. The assumptions of your plan have changed. That may require a new approach and a resetting of what your “retirement dream” will be. Use this time to refocus on what matters most in your life. Use the strength of your experience to craft a work-life and retirement around that purpose.
Most areas of life require us to take action when something goes wrong. If your house catches fire, you should grab a fire extinguisher or call the fire department. If you break an arm, you need to go see a doctor to get it fixed. But there are a few areas where it is best to do the least intuitive thing of all: absolutely nothing.
“I don’t know if I’m working too much or too little. I’m stressed out, but I don’t feel like I’m actually accomplishing anything.” A friend told me this, a month into her shelter-in-place. She’s not alone. In my new day-to-day in which video conferences supplement my previous electronic diet of texts and emails, there’s a recurrent theme emerging beneath the purely transactional messages. Am I doing enough?
In our Retiring Well content, we talk a lot about health and wellness. It should come as no shock that healthcare and health-related costs make up a significant portion of both potential retirement expenses and anxiety levels.
Business owners - when we finally emerge from the coronavirus pandemic, how would you like to take a nice, long vacation? I’m not talking about a week at your favorite spot on the beach or in the mountains. I mean a month, three months or more. Can’t imagine being away from your business that long?
With millions of people working from home now, and some suddenly having to get creative with their home office set up, make sure you are still working in a healthy environment. Here are some tips to improve your new workspace!
While most of the country focuses on staying healthy and safe during the current pandemic, it’s hard to escape the real economic impact all of this has taken. The general age group most susceptible to the health dangers of COVID-19, people 60 years old and older, and includes many Americans who are nearing retirement. The recent stock market volatility has, in most cases, hit their portfolios.
The most common question I have received from my clients over the last month Is “Should I invest some of the cash I’ve been sitting on?” Whether you have saved your last bonus, had a liquidity event such as sale of a rental property or received an inheritance, or you have just been thrifty, let me walk you through the exercise I take my clients on when answering this important question.
Having been in the business world for over 40 years now and having experienced several (let’s not count!) economic and stock market upheavals, a quote often attributed to Mark Twain (aka Samuel Clemens) comes to mind: “History doesn’t repeat itself, but it often rhymes”.
During the COVID-19 pandemic, many people want to stretch the impact of their dollars for their families while continuing to help others. Even during a downturn, donating stock may be one way to achieve that goal and support the nonprofits that are tirelessly serving our communities during this time of urgent need.