It’s been about a week since the Paycheck Protection Program was rolled out under the CARES act. Although many provisions of this program have been materialized, there are still a few unclear areas. In today’s episode, Grant shares some more updates about the Paycheck Protection Program and the Economic Injury Disaster Loan program(PPP and EIDL). Later in the episode, Grant reviews the importance of human intervention in the investment process and some recent trends in the capital markets.

 

 

Show Notes

[03:19] A Quick Retrospect – Grant briefly sums up what we discussed in the last couple of weeks.

[07:09] Self-employed Individuals – How the rules of the paycheck protection program apply to self-employed individuals.

[10:40] Calculations – Guidelines for calculating the number of employees and payroll costs.

[14:24] Independent Contractors – How 1099 contractors can apply for the paycheck protection program.

[16:28] EIDL Updates – Current status of the Economic Disaster Injury Loan program and things you should consider if you’re applying for both PPP and EIDL.

[20:42] Robot Advisors – How automated tools have become more common in the investment markets lately and why letting a computer algorithm take over your investment strategy may not be an ideal solution in these volatile times.

[27:31] Impact of S&P 500 Index – What happens if S&P decides not to reconstitute the index due to the volatility.

[32:45] Exchange-traded Funds – How ETFs work and differences between ETFs and mutual funds.

[45:12] The Value of Human Intervention – Why it’s important to have some sort of human intervention in your investment process.

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