Page 6 - ECC COVID-19 Guide #1 - E-Book
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COVID-19 GUIDE /PUBLISHED BY EC CLASSIFIEDS
The advisers say they would first fill up their rainy day funds, pay off debts, and then cautiously invest or donate their money.
“I would immediately place this money in my emer- gency fund account, which is located in a high yield online savings account,” Jovan Johnson, founder and CEO of Piece of Wealth Planning in Atlanta, Ga.
If emergency funds are first filled, debts are paid
off and if you have the stomach and experience, some advisers said there could be good investment opportunities waiting. Stocks have been smashed and there are amazing companies at incredible pri- ces after the massive sell-off. You might be able to capitalize on the panic of others.
