Could a Contentious Election Impact Markets?
Stock prices are not a measure of current circumstances – they are a forecast of future profits. Today’s market performance demonstrates that investors are looking beyond the immediate issues of 2020 with a heavy dose of optimism.
The Price of Gold is Rising, But Does it Still Pay to Invest?
With a price increase of 29% this year through September 15, gold has been shimmering brightly in 2020. Meanwhile, the S&P 500, a broad measure of stock market performance, was up about 7% during the same period. COVID-related economic contraction and investor uncertainty has kept a lid on stock prices while pushing investors to seek gold.
Investing For Nonprofits — Let Your Mission Be Your Guide
The specific mission of your nonprofit and how you go about that mission is unique to your organization. Similarly, while it might seem like there is a best practice for how all nonprofits should manage their investable assets, the truth is there is no single approach that works best.
The Critical Market Recovery Lesson of 2020
I’m sure 30 years from now the sting of 2020 will have faded, but there are a few things I hope we never forget. Some are even good things! Specifically, I am referring to the most amazing market recovery we have ever witnessed.
Meet: Preston House, Papa John’s
When Papa John’s Pizza owner, Preston, made the decision to open his own local business, he knew he needed financial guidance from an organization he could trust. That’s when Jesus Melendez, VP & Commercial Lender, NMLS #641067 and his team stepped in. Watch Preston’s testimonial to hear more about his experience working with Community First Bank & […]
Managing Financial Anxiety During the COVID-19 Pandemic
Ten weeks ago, we wrote the “Don’t Panic” article. At the time, the S&P 500 had fallen nearly 13% from its February 19th all-time high. That article didn’t age well initially, considering the S&P continued falling (and falling some more) before bottoming out on March 23rd. All told, the S&P fell nearly 34% from its […]
CARES Act Part I: Key Provisions Explained
The Coronavirus Aid, Relief, and Economic Security (CARES) Act is an approximately $2 trillion emergency fiscal stimulus package created to help ease economic effects resulting from the global pandemic, COVID-19. The following is a high-level overview of some of the act’s key provisions as they pertain to individuals and small businesses in our community. This […]
CARES Act Part II: The Paycheck Protection Program Explained
A significant benefit included in the CARES Act for small business owners is the Paycheck Protection Program (PPP), a partially forgivable loan program offered through the Small Business Administration (SBA). The Paycheck Protection Program is designed to provide a direct incentive for small businesses to keep their workers on the payroll by providing loans of up […]
CARES Act Part III: Employee Retention Credit Provision for Employers
As an incentive for businesses who have been hit hard by the economic effects of the COVID-19 crisis to halt further layoffs, Section 2301 of the CARES Act has introduced the Employee Retention Credit for Employers Subject to Closure Due to COVID-19. Note that businesses receiving a covered loan under section 7(a)(36) of the Small […]
Market Update: Turning Back The Clock To 2019
As this article went to print, the S&P 500 had declined 13% from its all-time high on February 19th. Market corrections are a natural and healthy part of the market cycle, and present good buying opportunities—that is, of course, until you find yourself in the throes of one and just want out! Anyone in the […]
