4.6 • 1.8K Ratings
🗓️ 28 March 2020
⏱️ 14 minutes
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0:00.0 | Welcome to the Jill on Money Corona virus market update. |
0:08.0 | We are so happy to be at the end of a week, man, by any stretch of the imagination, |
0:15.0 | at least from the financial side, |
0:17.0 | this was a good week. |
0:19.0 | It was a good week for markets. |
0:21.0 | It was a good week for individuals because we got the big bill that came out of Washington, D.C. |
0:27.0 | It was a good week for the Federal Reserve. |
0:29.0 | So that part is good. |
0:31.0 | Here's the not so good part. We just are still seeing this incredible amount of a virus spread throughout the country in New York in Boston. So the stories are pretty awful and we're hoping that you are keeping your family safe, |
0:48.0 | that you are practicing social distancing, and that if you're freaking out at all about your money that all you need to do is just give us a shout. |
0:57.0 | Ask Jill at Jill onmoney.com. That's Ask Jill at Jill on Money.com and we're going to try to answer as many of these as we can. |
1:08.0 | So this is a note from Gary who says, |
1:12.0 | hi Jill, thanks so much for your year. a note from Gary who says, |
1:13.0 | hi Jill, thanks so much for your years of reassuring and calming advice. |
1:17.0 | I'm retired and my wife works. |
1:19.0 | We're in our 60s. |
1:20.0 | We're in contract for a house being built in a 55-plus community. |
1:26.0 | Projected closing is September. |
1:28.0 | Our plan was to sell our current home during the active spring season and live in a long-term hotel like a Marriott |
1:36.9 | for the duration until September. |
1:41.5 | Now we don't know whether to stay put in our current home, re-listed a better time, and possibly |
1:46.8 | own both homes if need be. |
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