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August 12, 2020

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Financial News

Avoid these estate planning mistakes

By Brandon Blackford
Edward Jones Financial Advisor

You save and invest to meet a variety of goals during your lifetime: college for your children, long vacations, a comfortable retirement, and so on.

But you probably also want to leave something behind – to your loved ones and, possibly, to the charitable organizations you support. To do so, you’ll need to develop a comprehensive estate plan, but to make that plan work, you must avoid some common mistakes.

Here are a few of these pitfalls you’ll want to avoid:

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Teaching financial responsibility

Some ideas for your children

By Faith Investment Services intern, James Garrett
Being financially responsible is a very important aspect of life. By doing the right things with your money, you can live a fruitful time on earth from beginning to end. But do you remember when you learned about how to manage money?

Learning about financial responsibility is important for everyone to understand, even children. But how do you teach them?

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Edward Jones: Protect yourself against financial scammers

Some suggestions to follow

By Ryan DeMarco, Financial Advisor
111 N. Main St., Bluffton • 567-226-4506

It’s unfortunate, but true: During this period of economic uncertainty, one of the busiest “industries” has been financial scamming. But it goes on even during normal times, too, so you’ll want to know what to look for, and how to defend yourself.

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Turned upside down by COVID-19

Some guidance, decade by decade, for how to adjust or compensate for the economic impact

By Gary Reese
Faith Investments, Blufton
419-358-4207

Our world has been turned upside down by COVID-19.  

For the most part, we have never walked this road before – personally or as communities.  Many are facing loss of work, depletion of savings, delays in unemployment or other assistance, and so forth.  Others have had relatively few economic adjustments, but they are facing family, health, or interpersonal difficulties.  Times are hard all around.

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Cash is king

In the midst of change, transition, and unknowns cash provides the highest level of flexibility

By Gary Reese
Faith Investments, Blufton
419-358-4207

We have been living through a very challenging time lately. Coronavirus has set new precedents on many different levels. Unfortunately, many people are left wondering from where and when their next paycheck will come because of these changes.

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From Steiner & Granger: Dire short-term, hopeful long-term outlook

Reasons to believe long-term outlook remains positive

Market Matters from
Steiner and Granger Insurance
and Financial Services
141 N. Main St., Bluffton
419-358-8566

- Open the special updated five-page attachment at the bottom of this story -

• We are likely entering a severe, but perhaps short-lived recession.

• The length of the recession depends largely on fiscal stimulus and containing the COVID-19 outbreak. Federal and state governments are working on such measures.

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