Personal Finance Daily: How to trust that your financial adviser can shield you from the coronavirus fallout and can the economy be saved without sacrificing lives?

Personal Finance Daily

Published: April 29, 2020 at 6:40 p.m. ET

Wednesday’s top personal finance stories

Hang in there, MarketWatchers, and don’t miss these top stories:
Personal FinanceHow to trust that your financial adviser can shield you from the coronavirus fallout 4 ways for financial advisers to build and keep clients’ trust in these uncertain times.
14 million Americans risk major delays in their stimulus checks — should they use Square, PayPal or a bank account? The FDIC and others are making a push to sign Americans up for bank accounts so they can get their stimulus checks faster and develop and long-term relationships with banks.
What daily life during the pandemic looks like to people across the U.S., and beyond MarketWatch asked readers to share pictures of what life during a pandemic looks like for them. Here are some of the images and stories they shared with us.

‘We hope normalcy will not happen all of a sudden’: Hindu leaders have an inclusive message for all Americans during the coronavirus pandemic ‘With the pandemic going on and people being sequestered in their homes, there is a need for that religious and spiritual connection.’
If your dead relative received a stimulus check, you should return it to the feds, Mnuchin says Some tax experts say the CARES Act doesn’t allow the IRS to take back money sent to dead people.
Here’s how small businesses can slash their bills during the coronavirus shutdown and afterward The scramble for federal assistance isn’t the only way that small businesses can fight to survive the COVID-19 shutdown. From suspending garbage service to trimming the fat on a phone contract and more, these bill-cutting measures can help during better economic times, too.
As Georgia and South Carolina start reopening for business, question hangs in air: Can the economy be saved without sacrificing lives? ‘You can’t ask the people of this state or this country to choose between lives lost and dollars gained,’ New York Gov. Andrew Cuomo said.
Pending home sales drop to lowest level since 2011 as coronavirus takes its toll Documents are now being signed in parking lots rather than the offices of title insurers and attorneys.
1 in 7 Americans wouldn’t seek coronavirus treatment because it probably costs too much A new poll finds many people fear that they can’t afford COVID-19 medical care
Elsewhere on MarketWatchFarm state Democrats come out swinging at Trump’s processing plant order Congressional Democrats from agriculture-heavy states lambasted President Donald Trump’s use of the Defense Production Act to keep meat processing plants open, even as some of the facilities have been blamed in the spread of the coronavirus.
These public companies are returning emergency loans meant for small businesses The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 7 deadline. Here’s how the returns are going.
A loyalty program for mutual funds? Fidelity tries something new A new offering from Fidelity Investments inhabits a gray areas amid the market shift, and suggests that there’s more life left in the mutual fund space than ETF-watchers might realize.
Gilead’s news saved the day for the stock market, which is in a high-risk area The drug company’s treatment for the coronavirus sent the broader market soaring. Prudent investors will note the shaky ground underneath.

                  

Reply

Investing for Retirement

Retirement may be a long way off for you – or...

Long Term Investments for the Future

If you are ready to invest money for a future event,...

Understanding Bonds

There are certain things you must understand about bonds before you...

How Much Money Should You Invest?

Many first time investors think that they should invest all of...