Brightworth Update July 2020

Update July 2020  

Investment Commentary: Second Quarter 2020

Last quarter was another difficult one as efforts to slow the spread of Covid-19 led to the partial closure of our economy.  Many of the most financially vulnerable Americans were hit the hardest.  Further complicating the situation was the escalation of racial tensions in the wake of the death of George Floyd.  Despite these tragic events, investors have seen a significant rebound in their account values as unprecedented monetary and fiscal policies have seemingly stemmed fears that the current economic slowdown will be long lasting.

Economic Review & Outlook
The economic data released over the past couple of months has been some of the most startling in history.  Looking at the employment picture, the job losses in March and April wiped out the entire number of jobs created since September 2010.  Fortunately, many of these job losses are expected to be temporary and the rebound has already begun with more than 2.5 million jobs recovered in May.  Another 4.8 million jobs returned in June.  Thus, the recovery is underway, but how long it will take is still completely unpredictable.

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7 Ways to Sabotage Your Future

Avoiding these mistakes can help you on the road to retirement and beyond. 

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Protecting Assets from Hackers

We all read the headlines about data breaches and hackers, but what does it mean, and what can we do to protect ourselves? Lisa talks with Geoff Bernard, Brightworth Senior Systems Analyst, about current dangers, mistakes he's witnessed, and steps to make yourself less vulnerable.

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Should You Buy Long-term Care Insurance?

Long-term care insurance can be an important part of one’s retirement plan and paying for the insurance while you are working can relieve financial pressure in retirement.
 

Retiring Well: Closing the Technology Gap

One thing that has become abundantly clear through the pandemic is the fundamental role of technology in our lives. Technology has helped to bridge some of the gaps between us, our loved ones, and our communities.

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Top 10 Deal Pitfalls

Most business owners have only one at-bat to sell their businesses and hit a financial home run. To be successful, they must be an asset, not a liability, to the sale process. The owner must choose the right advisors, adhere to the role he or she has assumed, and be patient as the process unfolds. By doing so, sellers can avoid all 10 of these common pitfalls.

COVID-19: A Once in a Lifetime Chance to Change our Spending Habits

When it comes to your financial life, ignorance isn’t always bliss, especially when it leads to procrastination, avoiding hard decisions, and not accepting the limitations of your resources. Living in ignorance or denial is not a healthy, long-term posture for financial success.

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The Real Estate Market Amidst the Pandemic

Today Lisa is joined by Evia Golde, Attorney and Realtor® , and Katina Asbell, Associate Broker and Luxury Realtor®, both from Real Living Capital City. They discuss the impact of the coronavirus pandemic on the real estate market, and what they share just may surprise you.

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