Season 2

Managing Money in a New COVID-19 Economy

Episode Notes

We may have seen the worst from the Coronavirus pandemic that shut down businesses across America. Now we have to manage, save, and invest our money in a brand new environment. With savings rates near zero and stock prices once again looking expensive, and therefore potentially risky, retirement investors are wondering how to put their savings to work and figure out how to fill any gaps in income. In this second special edition of Friends Talk Money, Richard talks employment opportunities for people over 50, Terry provides a crisp summary of what’s happening in our economy, and Pam offers those nearing retirement three tips about investing for both income and growth.

Resources:

 

NextAvenue articles:

 

  • 5 Ways to Find Work in the Pandemic: Link
  • 6 Work-From-Home Side Gigs in the Pandemic: Link
  • Where to Get Good, Free Financial Advice Now: Link
  • Ways to Bolster Your Finances Due to the Coronavirus: Link

Recent Podcasts

Season 6
2022 Year-End Tax Planning Tips

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Terry, Pam and Richard share their best end-of-the-year tax moves to make right now.

For further research:

Season 8
Are alternative investments right for you?

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With the stock and bond markets delivering lousy returns this year, some investors are wondering whether to add so-called alternative investments to their portfolios. In this episode, Pam, Terry and Richard discuss the risks of investing directly in unregulated asset classes like gold, real estate, commodities and even cryptocurrency and suggest ways that investors may be able to use publicly traded securities to gain indirect exposure to these alternative asset classes with lower risk.

 

Show Episode Notes

Podcast Hosts

Pam Krueger

Pam Krueger

Terry Savage

Terry Savage

Richard-Eisenberg

Richard Eisenberg

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