Category Archives: COVID-19

Recovery Rebates and the CARES Act

The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 is an estimated $2 trillion package, including nearly half a trillion dollars in individual rebate checks.   Nearly 900 pages in length, the CARES Act includes several unique components: “Recovery Rebates.”  It is estimated that 90% of taxpayers should receive some amount of Recovery […]

Taking a SWOT at Q1

The first quarter of 2020 was certainly a challenge for the stock market and our “proud to own” picks. The economic fallout from COVID-19 had a far greater impact than any of us could have ever imagined, and it appears that the fallout might last for quite some time. The S&P 500 dropped 646 points […]

Are your legal documents in order?

As you hunker down and focus on the health of your families, your loved ones, your neighbors, and the nation, as a whole, it is an opportune time to review those documents and communication tools that might be needed if you are unable to make decisions yourself (either due to illness or just the inability […]

Nonprofits and the New Legislation

We are in unprecedented times, and many nonprofits are struggling to make ends meet.   Between a steady stream of cancelled events and a depressed investment market that is making some donors hesitant to give, we hope to offer clarity regarding what options exist for nonprofits trying to stem the tide within the sea of new […]

More Time to Get Money into an IRA: What the Tax Filing Extension Means for You

There are very few things the recent COVID-19 pandemic has not affected. The need to continue paying our taxes, of course, is one of them.   Thankfully, with so many of us experiencing a loss in pay or a reduction of work, the Internal Revenue Service (IRS) has extended the tax filing (and payment) deadline […]

“V” for Victory or “W” for Wait?

Wall Street has been in a positive mood the past couple of days, with several promising developments spurring the rally. On Tuesday, the Dow had its best day since 1933, surging 11%, the S&P 500 rose over 9%, and Nasdaq jumped more than 8%.  Then on Wednesday stocks continued to climb, with the Dow up another 2.39%, while the […]

What about moving to cash?

A recent study by Putman Investments posed a similar question surrounding incidents of market turmoil over the last 15 years. As the chart shows, full stock market exposure from 2004-2019 would have yielded about 9% per year. But if you had missed just the 10 best days over that entire 15-year period, your returns would […]

Wind and Waves, but Light on the Horizon

As the week comes to an end, several states have mandated business shutdowns and other measures to combat the spread of COVID-19. The winds of change continue to blow for all of us, and the markets are no exception.   Bonds, which are typically “safe havens” for investors during times of trouble, are beginning to […]

The Eye of the Storm?

The eyewall, the area surrounding the calm center, of a hurricane is the most powerful and damaging part of such a storm.  When the center of a storm hits land, it often brings catastrophic force. That’s why it makes sense to be prepared and seek shelter during a storm.   We are in the midst […]

Remote Office Hours

Dear Client,   Our top priority at Ambassador has always been, and will continue to be, to provide elevated client service while supporting and promoting biblical stewardship through appropriate financial planning, estate strategies, and money management services.  Given the ongoing coronavirus pandemic, we are taking steps to protect the health and safety of our team, […]