The Bullet Points 6.12.2020

  • Episode 2: How much money do i need to retire?

    About a month ago, we held a pre-retirement webinar. We thought the message would be great to share for anyone who is approaching retirement or just wants to start thinking about what is required. Over the next five weeks, we'll walk through five important questions to ask yourself as you near retirement. We hope you enjoy and find value in the video.


  • the economy is opening back up:

For a couple of months, Wall Street has been signaling a positive outlook for the economy for the remainder of 2020. During the last month, we have started to see people get out and back to a version of normalcy. Restaurants are opening their doors, employers are asking their employees to come back into the office, and people are starting to feel a little more comfortable in the world. We wanted to highlight this in the graph by CNBC below. Though we anticipate hiccups along the way, as shown by the Dow opening down 800 points on Thursday, we are confident in the resiliency of the economy and the American people. This too shall pass.

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  • purchase your italian vacation home for…. $1?:

    Cinquefrondi, an Italian community in the southern region of Calabria, is a "COVID-free village" and is putting houses on the market for €1. Cinquefrondi is surrounded by the rugged Aspromonte National Park and overlooks the Ionian and Tyrrhenian coasts, but the city has faced a depopulation trend caused by young people leaving in search of work. Mayor Michele Conia says, "Finding new owners for the many abandoned houses we have is a key part of the mission that I have launched to recover degraded, lost parts of town." According to CNN, If you purchase a €1 home, Cinquefrondi requests an annual €250 policy insurance fee until renovations are completed. In addition, new owners are liable to a fine of €20,000 if renovations are not completed in three years. 


  • PGa tour returns:

Following a 91-day hiatus, including the cancellation of 11 tournaments, the PGA Tour returns this week for the Charles Schwab Challenge at Colonial Country Club. With limited tournaments to improve FedExCup standings before the FedExCup Playoffs, expect the sport's biggest stars to compete weekly. This thought is highlighted by the top five players in the FedExCup standings, as well as the top five in the Official World Golf Rankings, being in the field at the Charles Schwab Challenge. The first major of the year, The PGA Championship, will be played August 6-9. 


  • business owner makes over 500 grocery trips for seniors:

Greg Dailey, the owner of a New Jersey frame shop, has been unable to open his business since late March. According to the Good News Network, Dailey, who has also delivered newspapers for the past 25 years, began to think about the hundreds of senior customers along his route, and how he could make a world of difference for them. He attached a note to each newspaper he delivered offering grocery trips free of charge to anyone who needs groceries. Dailey, and his daughter Erin, have been working every day since March, except for Easter Sunday. When asked how he maintains his stamina after working 15 hours every day, Greg responded by saying that the satisfaction keeps him from feeling tired.

 

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