For those struggling financially, the immediate question becomes - What should we be doing now to repair finances or prepare for more bumpy roads ahead?

If you are over five years into your career, on your 2nd or 3rd promotion, and still find yourself asking the question…..”where does all my money go?”, you’re probably a HENRY. That’s right, a HENRY – High Earner Not Rich Yet.

There’s no doubt about it - COVID-19 has taking its toll on everyone physically, mentally and emotionally. Even if you aren't a healthcare professional or other essential worker on the front lines, it’s still difficult to cope with the dramatic change in lifestyle and stress we’re all experiencing.

The stock market is (and has been) the single biggest contributor to wealth over time. Stock returns have outpaced those of cash, bonds, real estate, commodities, and collectibles. It’s not even close. What is a stock, and what does it mean to own a stock?

If you have the discipline and cash flow to save more than half of your income each month to put toward an early retirement, FIRE might work for you.

“In 2019 we’ll see a corporate earnings recession, 2% GDP growth, escalating trade tensions with China, and President Trump will be impeached. Against this backdrop, U.S. stocks will surge over 25%, the Barclays Aggregate Bond Index will return over 8%, and Gold will be up over 15%.”