Something More With Chris Boyd Show Podcasts

Scott and Chris share more financial planning tips from the recent AMR “Financial Planning in Pandemic" webinar – https://amrfinancial.com/account-access/. Michelle DeSilva from Cape Cod Cares for the Troops talks about the care packages they send to troops and how people can support this program.

Cathi shares results of the state re-opening survey. Chris welcomes Brigadier General Christopher Faux of Joint Base Cape Cod. Scott and Chris share highlights from the recent AMR “Financial Planning in Pandemic webinar.

Adam S. Minsky, Esq., student loan attorney, explains the CARES Act implications for student loans. Kristin O’Malley, President & CEO of the Cape Cod Foundation talks about fund raising efforts to help non-profits affected by COVID-19. 

Chris and Brian Regan, AMR’s Portfolio Manager, talk about considerations when investing in stocks - valuation, risk, diversification, exit strategy, and more. #SMoreCB #CapeCodfinancial planner

AMR talks about how businesses, organizations, and individuals are innovating during the age of Coronavirus. Cyndy Jones, President of Heroes In Transition, held a President's Challenge to raise money for pandemic programs. Annie Cool Hart shares stories of love during the Coronavirus.

Chris and the AMR team discuss their recent Economic & Market Outlook webinar – response to the virus, stock valuations, Euro and Emerging markets, and recovery. The webinar and latest Investment Insights are available on are available on www.AMRFinancial.com. 

James Anthony, President & CEO of Martha’s Vineyard Savings Bank, shares how they are helping businesses through Lifts Certificates. Bob Tranchell, SVP at The Federal Savings Bank, explains how reverse mortgages can be used in challenging times to reduce debt and generate income.

Karen Gardner, CEO, talks about the Community Health Center of Cape Cod. Dr. Don Accetta, Founder of Allergy & Asthma Care in Taunton shares information about COVID-19 – fact from fiction, how to protect yourself, and how to tell the difference between asthma and the Coronavirus.

Chris and F. Keats Boyd III, President at the Law Offices of Boyd & Boyd, P.C., discuss the importance of estate documents that one should have and estate planning opportunities to consider. 

Chris answers recent client questions and talks about Active Allocation. To help during this time, Asset Management Resources will provide 5 complimentary Comprehensive Portfolio Reviews to individuals who want to fine-tune their investments. Text (508) 915-3700 with the message “review” or email radio@amrfinancial.com.

Annie Hart Cool of Sotheby's talks about the Front Porch Project that she started to bring joy and raise money for the Falmouth Service Center. Father David Mastrangelo, a Jesuit Priest, discusses hope and faith during this challenging time.

Chris and Brian talk about the week in numbers. Dan Schwenk, CPA, shares what taxes are due on July 15th. Scott Vandersall, Regional Manager at Cape Cod Five Cents Saving Bank, provides guidance on the Payroll Protection Program. Under this program banks can administer forgivable payroll loans to eligible businesses.

Mike Swaney of MA-Hire Cape & Islands and Alisa Magnotta, CEO of the Housing Assistance Corp., join Chris to talk about unemployment insurance and housing assistance in light of COVID-19. Unemployment information is available at www.mass.gov and claims can be filed at www.uionline/duia.gov. Available jobs and online training can be found at the MA-Hire Career Center. Some banks offer mortgage forbearance programs and the MA RAFT program provides rental assistance for families in transition. Contact https://haconcapecod.org/ for help or to make a donation. 

Chris and team talk about the #CARESAct, current market conditions and portfolio considerations. The CARES Act eases some restrictions on 401k penalties and IRA RMDs, unemployment payouts, the tax filing deadline, and student loans. Individuals will receive payouts, small businesses can take advantage of forgivable loans for working capital expenses, and big businesses important to national defense and public health organizations will receive significant funding assistance to treat and fight #COVID19. #SMoreCB #CapeCodfinancialplanner

Chris welcomes Bob Nelson, Director of the MA SBA, and Bob Tranchell, SVP with the Federal Savings Bank. Small businesses and private non-profits may now apply for SBA economic disaster injury loans up to $2MM fixed-rate or $25k Express Bridge Loans, with a 50% guarantee on bank issued loans. Bob Tranchell talks the HECM (Home Equity Conversion Mortgage). Contact btranchell@thefederalsavingsbank.com for a 12-page booklet or register for his April 9th webinar at www.thenewhecm.com.

Matthew Ko, Vice President and portfolio specialist in the Multi-Asset Division at T. Rowe Price joins Chris to discuss the short-term financial environment, what the recovery could look like, and how they are approaching various market allocations. Chris reviews current stats that are affecting the financial numbers.

Chris welcomes Graham Silliman, Managing Partner of Better Foods LLC (aka Siena in Mashpee Commons and Tavolino restaurants) and Wendy Northcross, CEO of the Cape Cod Chamber of Commerce. Graham talks about the challenges restaurants are facing and how he is managing them. His restaurants are adapting with take out and curbside pickup. Wendy talks about government initiatives to ease the burden on small businesses and their employees. You can find information about COVID-19 on the Chamber’s Public Policy section of their website.

Chris welcomes Jennifer Goldman, who shares good business practices for working at home. He also talks about investor considerations during this economic environment, such as cash reserves, portfolio distribution, risk tolerance, expenses, being opportunistic, among others.

Chris welcomes Ruth Provost, Director of the Boys & Girls Club of Cape Cod and Gretchen Murphy of Dowling & O’Neil Group. With over 1,089 members, the Boys & Girls Club of Cape Cod runs before and after school, school break, and summer vacation programs for children and teens. They are funded through donations, grants, and special events. Gretchen talks about personal and commercial insurance based on how the property will be used, and the cost to replace both structure and liability risk if someone is injured. Wind insurance, whether a straight deductible or “named storm”, is something those near the water should consider. An umbrella policy provides extra coverage over and above a home or auto policy.

Chris and Brian discuss the markets - with Thursday seeing a 10% decline and a sharp rebound on Friday. Stocks have declined 25-30% from their peak, signifying the end of an 11-year bull market. America mobilized this week to slow the spread of the Coronavirus. Congress’ fiscal stimulus package is expected to pass into law soon. The Russia and Saudi Arabia oil price war created an additional drag on market prices.