Month: February 2020

Coronavirus Impact on Market Continues

Feb 28, 2020

“The stock market takes an escalator up, and an elevator down.”

Market Update
Market Update

Classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of February brought a historic stock market sell-off, with the S&P 500 Index moving from an all-time high to a 10% correction in only six days—the quickest such move ever. Along the way, the Dow Jones Industrial Average (Dow) experienced multiple 1,000- point drops, including Thursday’s biggest one-day point drop ever, adding to fears. As the coronavirus spreads around the globe, what was once a promising start to 2020 now has the S&P 500, Dow, and Nasdaq Composite all negative year to date. (more…)

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SECURE ACT Lesser Known Provisions

Feb 20, 2020

SECURE stack of binders and papers
What Younger Investors need to know

The SECURE Act passed into law in late 2019 and changed several aspects of retirement investing. These modifications included modifying the ability to stretch an Individual Retirement Account (IRA) and changing the age when IRA holders must start taking requirement minimum distributions to 72-years-old.1,2 (more…)

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Epic Capital Impact – Winter 2020

Feb 15, 2020

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Epic Capital Insights – Winter 2020

Feb 15, 2020

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Wine to Water – Amazonas Region Brazil/Columbia

Feb 12, 2020

water tower on amazon river blue skies
Water tower built entirely by hand

Managing Director, Ed Doughty, just returned from a 10-day trip serving with Wine To Water, a North Carolina based non-profit that aims to eradicate the global water crisis. He and a handful other volunteers visited and worked in several remote communities along the Amazon River in Columbia and Brazil.  The main project was the construction of a 3-story water tower that will support a 5000-liter water tank connected to a water-pump pulling from a deep underground well. This water system will enable the 40 homes in the riverside community of Santa Luzia to receive water directly to their homes and to the local community school. Wine to Water has also provided a Sawyer Point-One water filter to each family so that the water piped-in from the newly constructed water system will truly provide clean water, free from any bacteria and much safer for the 100+ men, women and children of the community to utilize and consume. If you would like to learn more about Wine to Water, or would like to support them in any way, please visit their website at https://winetowater.org or simply reach out to Ed Doughty who leads the Charlotte Chapter of Wine to Water. Ed has also volunteered with WTW in Uganda, Ethiopia and the Dominican Republic.

boat ferry down dirty amazon river in brazil
Daily trips up and down the various waterways of the Amazon

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financial advisor charlotte nc ed doughty standing in amazon
Epic Capital Managing Director Ed Doughty on-site at a well repair in the Amazon

Wine to Water Amazon River boat serene peaceful

Wine to Water group on amazon river
Wine to Water group on the bank of the Amazon River


Where Will Your Money Come From After You Retire

Feb 10, 2020

For many people who retire, income may come from a variety of sources. Here’s a quick review of the six main sources: (more…)

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ABLE Accounts for Loved Ones with Disabilities

Feb 5, 2020

Families with special needs children have a new tax-deferred savings option.

The ABLE account, also called a 529A savings account, is patterned after the popular 529 savings plan, created to help parents save for a child’s higher education. Like 529 plans, ABLE accounts are run by states rather than the federal government. These plans emerged after the passage of the Achieving a Better Life Experience (ABLE) Act in 2014.1 (more…)

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Should You Choose a Fixed or Variable?

Feb 3, 2020

Buying a home is the single largest financial commitment most people ever make. And sorting through mortgages involves a lot of critical choices. One of these is choosing between a fixed- or variable-interest-rate mortgage. (more…)

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2020 Annual Limits for Financial Planning

Feb 2, 2020

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Mar 13, 2024

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Mar 7, 2024

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