The corona-virus sell-off sent investors fleeing and into money market funds, which ballooned well above $5 trillion, far surpassing the peak of the financial crisis. Nearly 1/3 of all adult investors made the catastrophic mistake of selling at the market bottom.....the big questions is what do they do next? Mike discusses in this weeks' #AskTheAdvisor.

The market has been surging recently and there's 2 things on investors minds: What is powering the rally? And can the market continue to move higher? Mike discusses in this week' #AskTheAdvisor.

Predicting the future is dicey business, especially when it involves the future of business. Drawn-out uncertainty, as we’re experiencing with the impact of states retracting their shelter-in-place mandates, only makes it more so.  Covid-19 startled the world with its ferocity, spreading viral contagion and economic chaos at an accelerating pace. The federal stimulus packages, in addition to actions by the Federal Reserve to decrease short-term interest rates to zero and buy bonds, increased the money supply and injected liquidity into the financial system, but consumer sentiment is about as low as it can go. Everyone is anxious about their health, jobs and finances.  The silver lining? The economy will recover… at some point. What will the recovery look like? We discuss on #AskTheAdvisor .

The #1 question we are hearing these days is how can the market keep climbing higher with so many Americans unemployed and so many businesses shuttered?

What if I told you the market doesn't care about "good" or "bad".....but instead sees the world through the lens of "better" or "worse".

We know things are tough right now for the economy...but things appear to be "better" than they were a month ago, and for now that is what the market cares about most.

Mike explains in this week's #AskTheAdvisor .

If you put your money in the right places, it can grow substantially over time, thanks to the power of compound interest. It could even double, while you don’t have to do a thing.

Want to figure out just how fast your money could grow? The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return.

This week on #Asktheadvisor we take a look at this simple math equation, and how it can help you with setting goals for your investments.

The federal response to the COVID-19 pandemic has been historic in its magnitude, speed, and nearly unanimous congressional support. But it has also created many unintended consequences for small businesses due to the government imposed lockdown policies.

As the US continues to suffer from the economic destruction that lockdown policies create, it's time to think big and bold about how we can save the US economy.

Here's Mike's take on how we can save the US economy.....hint: the answer lies in the hands of the US consumer.

Now, you've been hearing everywhere else about the Coronavirus and the latest numbers and the medical response. But I want to focus on what I think is an even bigger crisis, and that is the economic, social and above all, human cost of the total shutdown policy.

But there is a huge gap between sensible social distancing and the total shutdown spreading across the country. Just as the spread of coronavirus creates a curve of the number of people infected, this economic shutdown is creating a curve of the numbers of people affected, losing their jobs, their homes, their businesses. We discuss in this week's #asktheadvisor

When the stock market gets hammered, it's not just your portfolio that takes a beating, it's your brain too. Stress wreaks havoc on the human brain, and you’ll need to work hard to keep it from panicking and laying waste to all those long-term investing goals you put in place for yourself.

This week on #AskTheAdvisor 147 we discussed the science behind behavioral finance, so you can have a better grip on your emotions the next time markets get choppy.

With the US likely in a recession, the fear mongering media has a new favorite buzzword....."depression". Everywhere you turn these hacks are telling you that this recession is guaranteed to be a depression (because, ya know, they know so much about economics). I am here to tell you why this will not be a depression. 

The stock market just wrapped up it's best week since 1974......yes, you read that right......the best week in 36 years. How on earth could the market trade higher with the news around coronavirus seemingly so bad? We discuss in today's podcast.