OUR BLOG
May 2020
7 FAQs About the 2020 Stimulus Checks
Are you eligible for a stimulus check from the Treasury Department? As of Friday, April 24, the Internal Revenue Service said it had issued 88 million payments to individuals across the country. It plans to send out more than 150 million payments as [...]
Should You Claim Social Security Early Due to Financial Hardship?
If your financial or employment situation has changed due to coronavirus, you may be rethinking your Social Security claiming strategy. While you can claim Social Security benefits as early as age 62, you will receive a permanently smaller benefit. If you wait to [...]
3 Common Coronavirus Scams to Watch Out For
During a time when many people are searching for information about the coronavirus, scams are proliferating. Fraud related to the stimulus checks, malicious websites and products, and fake charities are popping up more frequently, so you should know what to look for. Here [...]
Economic Normalization Near? – Weekly Update – May 4th, 2020
Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard & Poor’s 500 lost 0.21%. [...]
How The Coronavirus Shutdown Could Affect You in the Long-Term
Recent events have everyone wondering when a sense of normalcy will return. But the answer isn’t as simple as hoping for a date when stay-at-home orders will be lifted. No one knows if there is a long recession to come, or if the [...]
April 2020
Market Reacts to Oil Prices – Weekly update – April 27th, 2020
The Week on Wall Street Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question the efficacy of two potential virus treatments. The Dow Jones Industrial Average retreated 1.93%, while [...]
4 Measures to Help Businesses Through the Coronavirus Shutdown
The Small Business Administration (SBA) is tasked with distributing $350 billion in loans to help businesses. Small businesses may qualify for the Paycheck Protection Program and Economic Injury Disaster Loans, while other businesses may qualify for breaks, tax deferments, and credits through the [...]
Two Trends Sweeping the Nation During Self-Isolation
Widespread Coronavirus-caused quarantining has led to some interesting pastimes. If you’re spending more time at home these days than unusual, you may know the joy that comes with having a more relaxed schedule. Baking bread and experimenting with coffee has become widely popular [...]
Disclosure: This commentary reflects the personal opinions, viewpoints and analyses of the O’Donnell Financial Services, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by O’Donnell Financial Services, LLC or performance returns of any O’Donnell Financial Services, LLC client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. O’Donnell Financial Services, LLC manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.