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February 25, 2021

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Financial News

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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Edward Jones: It's not easy, but look past the market sell off

Remember why you are investing

By Brandon Blackford,
Edward Jones financial advisor

These are challenging times.

Like everyone, you are concerned about keeping your family safe and healthy, and you’re doing your part to help protect your community from the effects of the coronavirus.

And if you’re an investor, you must also address your financial situation. How should you respond to the current market volatility and recent declines in investment prices?

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Funding your 2019 IRA: There's still time

Faith Investment Services
Bluffton, 419-358-4207

Many people save for retirement in a 401(k), which makes a lot of sense if it’s available where you work.  You can especially benefit if your employer matches your contributions and if you want to contribute to the higher threshold that 401(k)s allow.  (Employees could contribute up to $19,000 to their 401(k) plan for 2019 and anyone age 50 or over was eligible for an additional catch-up contribution of $6,000 in 2019.)

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Faith-based Investing

By Orrie Augsburger
Faith Investment Services
Bluffton, 419-358-4207

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