Featured Content

Posts not found

Thought Leadership

Will the Coronavirus Spark a Recession, a Depression or What?

As the whole world reels from the economic, financial, health and social impacts of COVID-19, the forecasts for what will happen to the global and U.S. economies become ever more dire.  Unfortunately, no one can possibly know the true outcomes so all the numbers you hear and see are mostly speculation, usually based on some

Getting Assistance on Existing Loans or Obtaining a New Loan in the Wake of Coronavirus

Businesses and individuals in the U.S. and worldwide are now affected by forced closures and economic slowdowns due to COVID-19. If you are a sole proprietor, contractor, or business owner you might need to obtain new capital in the form of loans. Moreover, you might need to defer payment on existing personal loans or mortgages. Below is information on new and enhanced programs designed to help you and your business thrive after the coronavirus.

What You Need to Know About the CARES Act

The CARES Act is a massive $2.2 trillion fiscal stimulus package providing relief to both individuals and businesses affected by the economic fallout from the coronavirus. The bill is over 600 pages, so we’re highlighting the three sections of the bill that are most applicable to our clients.

Does the Stock Price Fully Reflect the News?

In our investment process, we often have to ask ourselves this question: Something bad has happened to a company or market; does the current price reflect the news?

The Economic Impact of COVID-19

At the moment, financial market participants around the world have decided that this disease is going to hit the global economy about as hard as the disastrous Spanish Flu Epidemic of 1918. That was the first appearance of the H1N1 virus or “bird flu.” It sickened more than 500 million people globally or about one-third

Paying for College: Tax Savings

The tax law changes of 2018 eliminated the tuition and fees deduction for college expenses. There are still several ways to save on taxes when saving for and paying for college.

Content Archives

Featured Author

Michael Baughman

Michael Baughman

Michael is a Certified Financial Planner practitioner and a NAPFA-Registered Financial Advisor.

LEARN MORE

Our Long Form Thoughts

Parsec Financial Longevity Forum

A robust library of educational content provided by local experts on various aspects of aging well such as wills and estates, long-term care, nutrition, financial advice, planning for your legacy and more.

Stay Up To Date With Parsec

Sign up to join our mailing list and receive quarterly newsletters, whitepapers, news, and more right in your inbox.
Scroll to Top

Thanks for subscribing!

Thank you for subscribing to our email newsletter. We are excited to share with you our latest news, thought leadership, and more.