Did you know that writing your concerns down often helps to reduce the stress of worrying about them? Many of our clients worry about the future, but do not know how to get those worries on paper in a meaningful way. We strongly encourage clients to consider working with us to create a written FINANCIAL PLAN.

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) ArcelorMittal to Sell Steel Business in U.S. to Cleveland-Cliffs, (2) BTS to become multi-millionaires after label goes public, (3) How Stories Drive Financial Behavior--and What to Do About It, (4) Destruction of value in US real estate revealed, (5) Bonds Are Beating Stocks in Topsy-Turvy 2020, and Bonus article - Horseshoe crab blood is key to making a COVID-19 vaccine—but the ecosystem may suffer.

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) No Job, Loads of Debt: Covid Upends Middle-Class Family Finances, (2) Coronavirus crisis caused 40% of parents to change their job situation, survey finds, (3) Exclusive: The Billionaire Who Wanted To Die Broke . . . Is Now Officially Broke, (4) Brooklyn Museum to Sell 12 Works as Pandemic Changes the Rules, (5) Huang’s Law Is the New Moore’s Law, and Explains Why Nvidia Wants Arm - WSJ, and Bonus article - Black Entrepreneur Gets Saucy, Signs Deals with 30 Grocery Stores.

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Exxon Used to Be America’s Most Valuable Company. What Happened?, (2) ANALYSIS-Nvidia acquisition of Arm throws company into tech spat between U.S. and China, (3) Medicaid rolls swell amid the pandemic’s historic job losses, straining state budgets, (4) Military Forced Into Payroll Tax Deferral; 1.3 Million Can’t Opt-Out, (5) The Biggest Money Mistakes People Make in a Recession, (6) A Free Market Manifesto That Changed the World, Reconsidered, and Bonus article - Chuck E. Cheese wants to destroy about 7 billion prize tickets amid bankruptcy.

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances. This week's reads include: (1) Evans of the Chicago Fed worried about politics effecting the economy, (2) Farm cash receipts to hit a decade-law, (3) Financial firms failing to disclose misdeeds, (4) Chief of the Atlanta Fed Bostic rethinking the Fed mandate, (5) Broadway's sturggle to come back, and Bonus article on a San Diego icon - a doctor who quit his practice to pursue rollerblading very, very slowly.

Interesting reads this week include: (1) Female Fund Managers Beat Men at Stock Picks: Goldman; (2) IRS guidelines put employers on the hook for Trump's payroll tax break; (3) Black Homeowners Face Discrimination in Appraisals; (4) Walmart Tries Again to Find Its Answer to Amazon Prime; (5) Boeing making slow progress toward fixing software problems that plagued its 2019 Starliner test; and a Bonus - The Wildest Insurance Fraud Scheme Texas Has Ever Seen

The coronavirus crisis has changed the economy and the way you invest in it. Does that make your 401(k) or 403(b) investments out of date? Here are three tips with action items to help you update your account today.

The irony of COVID happening in the year 2020 has not been lost on me. If we could ever hope to benefit from hindsight, that time is certainly now. While we have all spent years complaining about our daily grind, we suddenly miss it terribly; and the choices we once took for granted seem like luxuries. (I know that I am going through serious movie theater withdrawal.) Alas, changes must be made, and we humans have an incredible history of adaptability. I have been a financial advisor for more than 20 years, and I know there are positives even during tough times like these. From conversations with clients, friends, and family these past weeks, I would say that priorities have shifted. Most are missing family, some are cooking more, and many are recognizing that their personal finances cannot survive on autopilot. When I sat down to write this article, I immediately went to the thesaurus to look up alternatives to the word “plan.” Some people, like me, are natural planners. They make lists; they thrive on routine; they worry about what they may have missed. Others, quite literally, avoid any reference to the word. This article is for the latter group…and you know who you are.

Propel Financial Advisors works with you to determine the best investment approach for your IRA rollover. We work with our clients to craft personalized investment portfolios; you get a custom fit. We keep up with the markets and investment strategies so you can spend your time on what matters to you. We stay in regular contact with you and are always available.

This week's reads feature: (1) The FDA's balancing act between regulatory oversight and making tests more widely available; (2) Businesses that are seeing a boom during the shutdown; (3) The gap between the market and the real economy; (4) Coronavirus infections have disproportionately affected minority communities. The Federal Bailout package may also be shutting minorities out of relief; (5) With recent meat shortages, The Financial Time’s Alphaville highlights the opportunity for fake meat companies, such as Beyond Meat and Impossible Foods, to grab market share, calling it “one of the most fascinating corners of business.”; and a Bonus article - Can babies learn to love vegetables?