Months of back and forth on a stimulus deal finally produced an agreement. Proposals in the trillions were whittled down to under 1 trillion. Still, the second-largest stimulus in the history of the country, fiduciary financial planning advisor Josh Smith of Strategic Wealth Designers joined the newscast to highlight who’s going to benefit the most.
Fiduciary financial planning advisor Rob De Lessio of Strategic Wealth Designers says every year billions of dollars end up being taxed that could have potentially been repositioned to lighten the burden owed.
Independent wealth management advisor Josh Smith of Strategic Wealth Designers says the economy doesn’t need another factor to make it jumpy. He says the current situation is going to have a lasting impact on how Americans view the pandemic going forward.
This past week some states have begun to announce a full re-opening with no restrictions in place. Fiduciary financial planner Josh Smith of Strategic Wealth Designers says to expect a domino effect of other states following suit in the next month or so.
2020 has been a difficult year for millions across the country. Many have found themselves out of work with little to fall back on. Creating an emergency fund is imperative regardless of good or bad times.
July and August saw strong growth in the stock market even while the economic recovery has been slow. September has opened with the market pulling back off highs as investors gauge the ongoing struggles in the economy.