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Month: April 2020

Scams Abound Amid Pandemic Panic

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Sadly, as is the case in any crisis, there are those among us who are looking to capitalize on cruelty and take advantage of heightened vulnerabilities. Hackers are trying to lure victims with online scams, tempting its victims to click on COVID-19 related hyperlinks that contain malicious software and other computer viruses. In some cases, these scams look like official messages from the government and they send people to fake websites where their sensitive information can be stolen. 

The following guidelines can help you protect yourself from these digital scams and stay clear of suspicious links you may come across in your internet travels.

COVID-19 Scams, Internet Hackers, Phishing Emails

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A $10,000 Gift to Small Businesses

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All small businesses and the self-employed suffering from the pandemic should apply for this forgivable SBA Economic Injury Disaster Loan (EIDL).  Amongst the frenzy and chaos of applying for the Payroll Protection Plan most small business owners have overlooked it. You can apply for up to $2 Million, but the forgivable amount is $10,000. The application process is way simpler and best, of all, you may well qualify for both this and the PPP.  

cares act, covid-19, economic relief

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Q1 2020 | Quarterly Market Review

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IN THIS EDITION OF OUR QUARTERLY MARKET REVIEW WE PROVIDE DATA AND ANALYSIS ACROSS MARKETS AND INVESTMENTS.

We also share an article that discusses the impact that the Coronavirus pandemic has had on the stock markets as well as the global economy. 

“Market declines can occur when investors are forced to reassess expectations for the future. The expansion of the outbreak is causing worry among governments, companies, and individuals about the impact on the global economy. Apple announced earlier this month that it expected revenue to take a hit from problems making and selling products in China. Australia’s prime minister has said the virus will likely become a global pandemic, and other officials there warned of a serious blow to the country’s economy. Airlines are preparing for the toll it will take on travel. And these are just a few examples of how the impact of the coronavirus is being assessed.”

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© Wellacre Global Wealth Advisors 2020

WellAcre Global Wealth Advisors is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where WellAcre Global Wealth Advisors and its representatives are properly licensed or exempt from licensure.  This website is solely for informational purposes.  Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by WellAcre Global Wealth Advisors unless a client service agreement is in place.