The coronavirus continues to ravage the U.S. economy. Cases are still largely rising in parts of the south and some states have even paused their reopening plans. Needless to say, the economy may take a bit longer to recover. Even so, there are certainly bright spots in the market. Some big tech firms are defying the trend … [Read more...]
Dividend Income Safe – For Now
In my last post I discussed how a large chunk of my personal wealth evaporated in weeks. The virus shut down the economy and ravaged all our stock portfolios. Thankfully, there was a rapid, but partial recovery. The Dow seems to have stabilized in the 23-24,000 point range. This is largely due to a “flattening” of the curve … [Read more...]
Coronavirus Batters Stocks
Sooner or later we were bound to have a nasty correction. I wasn’t sure what the catalyst would be, but I knew it was coming. We discussed, in subsequent posts, how I thought it might have to do with politics. Instead, a novel virus with origins in Wuhan, China has spread across the world. Thankfully, China now appears to … [Read more...]