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
Recently, you may have seen reports that a record-low number of homes are available for sale—roughly 1.03 million nationwide. If you compare that to the average number of homes for sale during the past 10 years, it’s no surprise that many hopeful homebuyers are having issues securing a home. But why exactly is the housing … Continue reading “Forces Driving the Housing Market”
It can be exhausting trying to keep up with the whims of Wall Street. Lately, the financial markets have been fixated on federal taxes and what may be proposed on Capitol Hill in the weeks and months ahead. Wall Street’s focus on taxes closely follows its attention on the 10-year Treasury yield. And it wasn’t … Continue reading “The Whims of Wall Street”
President Joe Biden introduced the much-anticipated American Jobs Plan, which outlines an approach to spend roughly $2.2 trillion on the nation’s infrastructure and other projects. As part of the legislative process, the Biden administration also laid out a proposal for paying for the domestic investment. The plan includes raising the corporate tax rate to 28% … Continue reading “Paying for the Infrastructure Bill”
Financially, many of us associate the spring with taxes – but we should also associate December with important IRA deadlines. This year, like 2020, will see a few changes and distinctions. December 31, 2021, is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts.
There’s an old Wall Street maxim that says, “markets climb a wall of worry.” And these days, there’s plenty to worry about with the trend in long-term interest rates and bonds.
Epic Capital provides the following comprehensive financial planning and investment management services: Learn More >