Perspective on the current COVID-19 economic and market environment as it relates to previous market cycles, key provisions of the CARES act, and what recovery from here looks like. Melissa Fradenburg highlights provisions of the new CARES Act fiscal stimulus. • Rebate check details • Unemployment insurance expansion • Student loan relief • Adjustments to …
Blog
Webinar Recap: Virtual Meditation Transforming Fear into Freedom
In a time of uncertainty, self-care is critical. This guided meditation uses the RAIN method to focus on anxiety and turn fear into freedom. Any opinions are those of Melissa Joy and not necessarily those of Raymond James. Please note, changes in tax laws may occur at any time and could have a substantial …
Webinar Recap: Virtual Meditation Transforming Fear into FreedomRead More
Now is the right time for a financial plan
I can’t tell you how often I talk to people who know they want financial planning but are waiting until the perfect moment to get started. Now, with a new bear market and massive economic uncertainty, people are doubling down on that intention. I know I need to work on my finances…soon, just not now. …
Financial Wellness in a Bear Market
Melissa Joy, CFP®, CDFA® and Lindsay Bryan-Podvin, Financial Therapist discuss how to keep perspective in this challenging market environment. Lindsay is the state of Michigan’s first financial therapist. In addition to her practice helping high-earning couples, especially those with breadwinner women, in two to one therapy, Lindsay is publishing a book on financial anxiety (Financial …
CARES Act Resource Guide
Recovery Rebates Americans with income under $75,000 if filing single or $150,000 if married filing jointly will receive $1,200 and $2,400 respectively with an additional $500 for children under age 17. There is a phaseout for incomes above the thresholds. Determination of eligibility will be made based upon your most recent tax return filed, …
Managing Your Money Through Uncertainty
In the age of Covid-19, financial realities are warped and a triage mentality may be necessary. How can you deal with financial uncertainty? This webinar will help you understand. Additional Resources: CARES Act Resource Guide Required Disclaimers: Any opinions are those of Melissa Joy and not necessarily those of Raymond James. Please note, changes in …
What Bear Markets Have Taught Me
Mama said there’d be days like this, and I do feel fortunate to have seen a few of them. We officially entered bear market territory today following the coronavirus pandemic and related economic circumstances. Notably, this is the third bear market of my 21-year financial services career. As I collected my thoughts and talking points …
Coronavirus Correction: What Investors Need to Know
Coronavirus concerns have ended the 11-year bull market. This 20-minute video covers what we know right now about the market with actionable steps for response. The information contained in this video is as of 3/10/2020. On March 9, the US stock market as measured by the S&P 500 experienced its 7th worst market trading day …
Coronavirus Correction: What Investors Need to KnowRead More