Managing Director, Ed Doughty, just returned from a 12-day trip serving in several remote regions of Ethiopia with Wine To Water, a North Carolina based non-profit that aims to eradicate the global water crisis. While there, he and several other volunteers worked on three separate borehole wells with their local ground partner, Water is Life International and their incredibly hard working crew of locals. They utilized what is known as a percussion-well drilling technique, manually drilling down 21-meters to the aqua-fore and then assembling the actual well pump. Ed also learned about Sustainable Living Teams (SLTs) which are groups of 10-15 women who through financial awareness training are able to save weekly and then make small loans (with interest) to one another to enhance whatever livelihood they already have, or to help start a small business. These teams were extraordinary and their communities were really beginning to thrive. To learn more about this extraordinary organization that is very near and dear to us here at Epic Capital, or to help support their efforts, please visit them at http://winetowater.org
Financially speaking, retirement might differ from your expectations. Just as few weathercasters can accurately predict a month’s worth of temperatures and storms, few retirees find their financial futures playing out as precisely as they assumed. Because of this, some common financial assumptions (and anxieties) about retirement are worth examining.
Information vs. instinct. When it comes to investment choices, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly influenced by factors, many of them emotional, that we may not even be aware … Continue reading “Making Investment Choices”
In corporate America, pension plans are fading away. Only 16% of Fortune 500 companies offered them to full-time employees in 2018, according to Willis Towers Watson research. In contrast, legal, medical, accounting, and engineering firms are keeping the spirit of the traditional pension plan alive by adopting cash balance plans.1
I’d like for you to meet my friend, Hugh. He’s a retired film stuntman who, after a long career, is enjoying his retirement. Some of what he’s enjoying about his retirement is sharing part of his accumulated wealth with his family, specifically his wife and two sons. Like many Americans, Hugh likes to make sure … Continue reading “The Gift Tax”
“Never confuse a single defeat with a final defeat.” — F. Scott Fitzgerald The economic struggles in our country are among the worst we’ve ever seen. In April, a record 20 million people lost their jobs, and 36 million people have filed for unemployment since the COVID-19 pandemic struck in mid-March. Record drops in consumer … Continue reading “Better Times Are Coming”
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