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
The news keeps getting better for Social Security recipients. It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1,2
Inheriting wealth can be a burden and a blessing. Even if you have an inclination that a family member may remember you in their last will and testament, there are many facets to the process of inheritance that you may not have considered. Here are some things you may want to keep in mind if … Continue reading “Coping with an Inheritance”
It’s long been an aspirational target for entrepreneurs. It literally goes beyond “blue sky,” in terms of location, to a place no business has gone before: Outer Space! The name of the game is commercial space travel.
With all the attention given to inflation, stock prices, and job reports, it’s been easy to overlook the remarkable move in the bond market during the past few months as bond yields have fallen. The yield on the 10-year treasury closed at 1.37% on Friday, July 9, down from its 2021 high of 1.74% in … Continue reading “The Quiet Fall in Bond Yields”
On July 6, oil prices reached a six-year high of $76.98 a barrel. This benchmark came as the Organization of the Petroleum Exporting Countries (OPEC) and allies failed to reach an agreement regarding an increase in production.1 This rise in cost follows a year in which OPEC and allies cut production amidst the COVID-19 pandemic. … Continue reading “Oil Prices Hit Six-Year High”
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