Skip to main content

The Coronavirus threat has turned the environs of the otherwise hustling New York, and several cities, into a scene of a society in quarantine. Financial markets are enormously shaken and people are undeniably in a state of panic. Now, how ready are you for the worst-case scenario?

In today’s episode, Bob and I will tell you why you need to have a crisis investment game plan to always stay prepared in these volatile times. There are massive takeaways from this crisis that we want to share as well as relevant questions we love to clarify for you.

[spp-player url=”″]

For our spotlight segment, we have our Certified Financial Planner™ Courtney Dominguez. Find out what was her advice to a couple nearing retirement who wants everything in place before another market correction.

We’ve got another great show ahead, so make sure to tune in to the No Payne, No Gain podcast now!


Financial Propaganda of the Week

The financial news has never been this interesting to date. As headlines do what it does best to keep your eyes attached, be careful about the fake and the ill-advised ones. Here are our top picks:

[03:32] – White House has signed a historic $2 trillion stimulus bill.

[05:03] – China’s supply chains are starting to come back online.

[06:12] – Always a discounting mechanism, the market is going to continue to bounce back even as the news is getting worse.

[06:52] – Bob emphasized that most returns come during bear markets.

[07:32] – What Baby Boomers and Millennials should focus on in these crazy times.

Coronavirus Investment Game Plan

If you’re unsure of what to do and who to speak with before you make a really costly decision, especially right now with the markets in turmoil. Well, we can put together a game plan for you. If you have over $500,000 saved for retirement, Bob and I will put together for you our financial planning game plan, simply go to

[13:02] – A diversified portfolio is a three-legged stool, stocks, high-quality bonds, and alternative investments, that protects you in this kind of crisis. 

[13:22] – Alternative investments are the ones that may work when the major ones don’t.

[13:29] – How to know how much money to have in your different investments.

[14:42] – Why running your wealth projection and having a financial advisor oversee your plan every year is ideal for your retirement plan.

[16:20] – The beauty of tax swaps and why it is a huge opportunity right now.

[17:07] – Now is the perfect time to look at Roth conversions.

Biggest Takeaways from the Current Crisis

We have never witnessed a market decline this quickly until now. The fastest 30% decline that ever happened since the Great Depression. Here are some of the lessons to keep in mind:

[22:02] – Always have enough emergency funds. 

[22:41] – Have a high-quality portfolio bond, not a bond fund.

[25:27] – Too much news is not a good thing. No one in history can predict the future and know the unknowable.

[27:20] – Measure your financial losses against your financial goals.

The Mailbag

The current state of any economy is certainly magnified. In return, a lot of questions about taking risks on investments soar. We’ll be happy to answer them for you, simply send us an email at

[33:31] – Question #1: “I’ve kept a large portion of my available cash in bond funds and I’ve gotten kicked in the teeth over the past few weeks. How do you think about the construction of stop-loss triggers to remove the emotional rollercoaster, and how does one get better at risk tolerance and mitigation?”

[36:24] – Question #2: “I heard on Bloomberg that many analysts believe that we may not hit bottom until April or May. I’m interested in hearing your thoughts on that.”

Spotlight Segment

Notwithstanding the quarantine, our Certified Financial Planner™ Courtney Dominguez remains unshaken as she gives us a rundown of how she was able to guide a couple nearing retirement on their path to financial freedom.

[43:14] – A couple in their early ’60s aren’t looking to retire yet, but they wanted to have their investments set up just in case there will be a big market correction.

[43:56] – It’s easy to be aggressive when markets are doing well, but you have to have that safety, like bonds or cash on hand, built in before a crisis so you can take advantage of these opportunities.

[46:00] – Courtney broke down all the risks the couple is exposed to in this kind of market correction.

[46:44] – Investors need to have forward-looking software tools and not rely on monthly or yearly performance. Also, it’s important to have a projection run and a game plan.

“Your income doesn’t stop because the market is down if you have the right investment portfolio.”

-Ryan Payne

To download 5 Ways to Maximize Your Retirement Accounts and Save on Taxes in 2020 and the Highlights from the new SECURE Act, text BULLISH to 555888.

If you have saved over $500,000 for retirement and need a plan based on your retirement goals, Bob and Ryan will create a 360 Financial Portal just for you! Text or call 844-752-6692 to check out the 360 Financial Portal with no strings attached!

Let’s talk

Contact us for a consultation with our financial advisors to start a personalized plan

Get Started

Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Payne Capital Management, LLC), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Payne Capital Management, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Payne Capital Management, LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Payne Capital Management, LLC’s current written disclosure statement discussing our advisory services and fees is available for review upon request.