Coronavirus Update: Investing in the Time of COVID-19

One morning over 18 ½ years ago, I sat sleepily in front of a computer at my home in New Jersey, lazily sweeping my mouse across the screen as I planned a move to Colorado and applied for jobs on a sleek new online service called Monster.com. Suddenly, my front door swung open and I  heard rapid footsteps approaching from down the hallway until I saw Jeff – one of my best friends since I was 5 years old – standing in the doorway of my home office. Always a salesman, Jeff was dressed for work in a jacket, shirt and tie, but gone was his easy smile and typical cool demeanor.  Pale-faced, Jeff looked at me with near-frantic eyes and said “Tim - you haven’t seen? Dude, we’re under attack!” In a fog, Jeff and I moved to the living room, turned on the news and watched video replays as one airplane, then another, flew into the twin towers at the World Trade Center in New York City. 
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COVID-19 Resources for Impacted Small Businesses

There have been several pieces of Federal legislation to address the impact of COVID-19 that have been enacted in the past few weeks. Because these have been enacted quickly and the provisions are being clarified as they are implemented we wanted to provide a quick overview of two key provisions and links to some resources. The following resources below are key programs to provide financing for small businesses that have been impacted by COVID-19.
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Coronavirus Update: Health and the Economy

With large swaths of the United States under a shelter-in-place ordinance, I’d wager that many of us are getting much more familiar with our TV channel guides and digital video subscriptions.  After all, how else will we procrastinate and avoid completing the chores and projects that we finally have the time at home to do? Over the weekend – purely for research purposes, I assure you - I found myself hooked on the old classic adventure film Indiana Jones and the Last Crusade.  Near the end of the movie, Indiana (Harrison Ford) faces a series of lethal tests on his way to achieving his ultimate objective – retrieving the Holy Grail in order to save the life of his father.  Each individual challenge invoked important topics like humility, wisdom, belief and – much to the delight of my high school Latin teacher, I’m sure – knowledge of the Latin alphabet. As I watched Indy pass the first test, then another, I couldn’t help but think about the weeks ahead, and what challenges lay in store for both for the economy and for investors.  
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Coronavirus Update: The Problems at Hand Are Lighter Than at Heart

One of my all-time favorite music lyrics can be found in the 2001 release of the song ‘Fell in Love with a Girl’ by The White Stripes. In the song, Jack White sings about love-ridden angst while belting out one of my favorite lines - ‘these two sides of my brain need to have a meeting.’ It’s a simple line, but as I sit here working remotely and alone in my home office while being bombarded with COVID-19 information and market data from all sides, this lyric rings true. It’s during times like these when it’s imperative to find a balance between analytical thinking and emotion. We are all practicing social distancing at the moment, and this lack of social contact and normalcy can affect mindsets. Therefore, in an effort to remain grounded, I’ve been creating a simple daily habit of doing something that brings me joy. For me, that means cooking, reading, strumming my guitar, listening to music, and spending time with my wife and our young boy. In this spirit, I am organizing this communication around a lyric, song title, or album name of one of my favorite bands over the past 20 years – The White Stripes.  
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Destiny Capital is Remote, Available, and Ready to Serve!

on March 13, 2020 |By Destiny Capital | Announcements
Beginning on Monday, March 16, 2020, the team members of Destiny Capital will begin working remotely. Your experience and service with us will NOT be interrupted.  The COVID-19 coronavirus has been a rapidly evolving story locally, nationally, and internationally.  At the forefront of this issue is the health, safety and security of our employees and their families, our clients, and our community.  As a firm, one of Destiny Capital’s seven core values is the ability to be ‘adaptive’. In keeping with this value, Destiny Capital has implemented many technological innovations over the years that allow us to securely and effectively operate from nearly anywhere in the world without disruption.  
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