Beating COVID-19: Tips for Your Insurance, Finances, and Business - May 17, 2020

May 17, 2020
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News. Insights. Analysis. Inspiration.


"5 Online Businesses you can start from your home today"

From Business Magazine:

* Modern times require modern solutions. It’s 2020, and by each passing day, more and more job positions are getting highly dependent on the internet. Whether it’s because of marketing possibilities, the targeted audience reaches or simply because of the comfort of working from home. So, the usefulness of the mighty internet should be one of your most essential tools, starting today!

* You might wonder – what’s the basic stuff you will require to jump-start your online business? We’ve prepared this short and concise list:


"In Spite Of Coronavirus Crisis, FIRE Movement Continues To Woo New Fans"

From Wealth Advisor:

* FIRE tends to attract those with disciplined mindsets. They live below their means and have saved a considerable amount to live off of in case of a crisis. In fact, they are probably better off dealing with the current state of affairs than most Americans.


"COVID-19 Promotes Acceleration of Everything Digital: Sun Life Exec"

From Think Advisor:

* “When a crisis of great proportion occurs, there is often a rush to judgment about how the world will be permanently changed,” Connor said. “There’s one thing we believe to be absolutely true: The acceleration of everything digital, from how we advise clients, to how we sell to clients, to how we pay claims and provide service, will be a permanent benefit coming out of the crisis.”


"A 'red line': Business groups and trial lawyers battle over coronavirus liability"

From Washington Examiner:

* Earlier this week, McConnell said, “We are working on a narrowly crafted liability protection” bill that “will not protect somebody from gross negligence.”


"COVID-19: Government's Bad Choices and the Impact on Doctors"

From American Thinker:

* We average 35,000 deaths in the United States from influenza yearly, with some outliers like the winter of 2017–18, in which over 60,000 deaths were recorded.  In the medical community, pneumonia is darkly referred to as "the old people's friend," as it often kills the elderly and frail.  It is a fact of life.  We cannot shut down the world for each virus, "novel" or not. 

* Looking back, it is obvious that we should have been prepared with accurate and adequate testing for the virus, quarantined the sick, protected the elderly, and allowed America to work.  It is interesting that if we weren't having such a great economy pre-virus, we may never have thought this disastrous option was feasible.  We "flattened the curve" of the viral impact on America, swapping it for a whole lot of financial trouble.  In addition, we are allowing a corruptible, inefficient government to administrate this calamity, a government that is ill prepared for the billions of dollars of fraud that will ensue.

* The future of small businesses, especially doctors' practices that have managed to stay somewhat independent, is threatened by this quarantine.  As with all big-government interventions, big business and friends of the bureaucracy will ultimately do well.  Small business, the greatest employer and lifeblood of America, will suffer.  Many doctors will give up and join hospital corporations.  Many will take early retirement.  Those who do reopen will have had to suffer many hardships.  One predictable outcome is that doctors who are hoping to re-open their small businesses are finding that many of their former employees are all too happy to remain on the current generous unemployment option afforded by the bailout.


Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here