Author - Claire Emory, MBA, CFA, CFP®

1
Time-Honored Investing Advice Applies During a Pandemic
2
Supporting Fathers During a Pandemic
3
The Pandemic Has Changed the Rules for Retirement
4
Did You Know You Can Donate Travel Miles?
5
The Coronavirus Pandemic Has Made Some Women Even More Economically Vulnerable

Time-Honored Investing Advice Applies During a Pandemic

In calmer, more predictable times some people find it difficult not to panic based on headlines. During a pandemic, the temptation to panic and make impulsive money moves may be even greater. Kiplinger.com offers advice to nervous investors in “How to Save Yourself from…Yourself.” 

The article says “It is only a loss if you sell it. Markets go up and they go down, but over the long run, they have always gone up.” So, before you panic and decide to sell investments that could still grow over time, consider the long-term consequences to your portfolio.

And instead of …

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Supporting Fathers During a Pandemic

We recently overheard a radio offering a promotion that allowed the winning caller a chance to treat their father to dinner on Father’s Day (this coming Sunday). One lucky family will be able to get a meal at no cost and the restaurant offering this meal got airtime and publicity. So, while the pandemic had changed many things, people are still looking for ways to celebrate. Parents in general have weathered a lot of change these past few months with fathers and mothers adapting to losing jobs or having to work from home with children at hand  because schools were… Read More

The Pandemic Has Changed the Rules for Retirement

Washington Post columnist Michelle Singletary offered new rules for retirement savings in “Forget what you’ve heard. Here are the new rules for post-pandemic retirement,” and  we are going to discuss two of them that relate to retirement planning. “Old rule: Make retirement savings your No. 1 priority. New rule: Make paying off debt, especially high-interest debt, a priority.” Someone who considered making it a priority to pay off debt might have been told that it would be better to concentrate on saving for retirement before the pandemic. However, now Singletary writes that carrying high-interest debt… Read More

Did You Know You Can Donate Travel Miles?

When the Finance101 article “Why donating your travel miles is a good idea” was written,  during the holiday season last year,  some of us would have no idea that we would, in a sense, be grounded for months in 2020 due to the Coronavirus pandemic. While we mourn our canceled trips and travel opportunities, we still may be able to do some good with the miles we have already accumulated. Instead of saving them all up for the trips you plan to take as travel becomes more feasible, why not donate them now to charitable causes that could really use …

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The Coronavirus Pandemic Has Made Some Women Even More Economically Vulnerable

We’ve discussed the gender pay gap and women’s overall economic vulnerability and all that was before we all had to meet the challenges of a worldwide pandemic. Many people have lost work due to the shuttering of the economy and according to CNBC, “Women May Take an Extra Hit from the Coronavirus Pandemic” because women “…are less able to weather that job loss without real harm because they are typically paid less than men in the same occupation.” And women who do find ways to get hired (either now or after orders to shelter in place are …

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