I always tell people, if you want to become a small business owner, you need to make 130% more than what you are making now. Self-employment tax, lack of 401k match and health insurance costs add up for the self-employed. Small business owners that get paid in cash, and didn’t report all of their cash income, ended up with fewer benefits under the CAREs act. Being self-employed is great... if you have a plan and know what you need to make to break even Other topics:

• Is the stock market doing as poorly as people think & can stocks rise in a recession?
• A review of what causes recessions
• Dealing with renters who are unable to pay
• Best practices for commercial lease challenges from landlord and tenant perspectives with real estate attorney Jeff Lerman

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

Most real estate investment trust (REITs) are publicly traded stocks with a different tax structure requiring a higher income payout to investors. Some REITs looked expensive before COVID struck and now, with more people working from home, we are left wondering what will happen to office REITs. Will income drop? The gut reaction is to expect them to decline in value, but there is one argument that a greater demand could follow. Other topics:

• Why investors still like REITs
• Inflation or deflation?
• Why retirement planning seems more daunting now & what you can do about it

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

Big moves up and big moves down.  Get used to increased volatility in retirement. We flattened the curve.  Now we are hearing more about vaccines and treatments and he market rallied in response, however, some are on the brink of financial disaster as they are still waiting for unemployment checks and a call back to work.  Some small businesses and restaurants have closed for good.  While taking caution, it’s time to get out there and get things moving again before we cause a depression. Other topics include:

• Troubled marriages hit a breaking point thanks to too much time together
• Should I wait till the economy recovers to retire?
• Tax loss strategies - turning a negative into a positive
• Helping your child during the crisis

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

We are in a special economic situation right now as a result of COVID and the oil war. Today I bring in Erik Knutzen, CFA, and Managing Director of the Neuberger Berman Quantitative and Multi-Asset Class investment team, who has come up with three scenarios for economic recovery. Listen in and check out what Erik has in his investment playbook! Other topics:

• Does diversification save you money on the downside?
• Finding bargains and themes that drive opportunity
• Dislocation
• Idiosyncratic ideas

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

Companies en masse have withdrawn guidance. Legally it is a good way of protecting themselves, but it leaves investors to fly blind. Still, some companies are beating quarterly expectations if they changed their expectations 30 days out. Other topics include:

• Real estate
• Oil jumps 13%
• Experimental coronavirus vaccine
• COVID responsibility
• A future under COVID

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.