Today's F-Bomb discusses the lasting impacts that may accompany COVID-19 and what you should be considering in the midst of heightened uncertainty and rising confirmed cases.

Faith: Worrying solves nothing. Cast our cares on the Lord.

Family: Homeschooling FTW.

Finance: Now is not the time to pull out of the market, assuming you have a long time horizon and a well diversified portfolio. Make sure your emergency fund is beefed up, and even consider augmenting it with a cash-out refi while rates are low to provide the necessary buffer to withstand a prolonged recession.

Football: Colleges need football in the fall. Football pays for virtually all other college sports (almost all of which lose money), and in some cases account for over 60% of the school's overall revenue. A lost football season would be more than just disappointing for fans, it would have a lasting ripple effect on higher education forever.

Re: Ric Edelman's COVID-19 report.