5 Ways to Safeguard Your Finances Against a Second Wave of Coronavirus

by Old Dominion Capital Management on

The Coronavirus pandemic has affected us all in ways that we didn’t anticipate at the start of the year, especially when it comes to our finances. And unfortunately, just as federal emergency benefits are starting to run out, signs of a second wave of the virus are looming—and some may even say it’s...

Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce

by Old Dominion Capital Management on

If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage. While it sounds like a no-brainer...

Retiring as a Small Business Owner

by Old Dominion Capital Management on

There are over 30 million small businesses in the United States. Many people start their own businesses in order to become their own boss and take control over their schedules, career goals and finances. It can be incredibly rewarding to start and own a successful small business. But one thing that...

Understanding Exchange-Traded Funds

by Old Dominion Capital Management on

Thinking about where to invest your money can be overwhelming and confusing, especially for those who are unfamiliar with all options for investing. If you’d like to take advantage of the ease of stock trading with the diversification of mutual funds, exchange-traded funds (ETFs) can give you the...

Medicare Prescription Drug Plan

by Old Dominion Capital Management on
It has come to our attention that many people are enrolled in the wrong Medicare prescription drug plan. It’s easy to see how this happens, because prescription plans change from year to year.

Investing in the Wake of COVID-19

by Old Dominion Capital Management on

Intro

By now, there’s a good chance that the recent market downturn resulting from the COVID-19 pandemic has left you questioning your investment strategy. In fact, there’s a good chance that you lost a good chunk of change during the rapid sell-offs in early-mid March. But now that the sudden...

How to Plan Long-Term Care Before You Need It

by Old Dominion Capital Management on

It’s daunting to think about the day when you may not be able to live independently and care for yourself. But planning early for long-term care can keep you from becoming overwhelmed in the event that you develop a chronic illness, disability or other condition. By planning your care now, you’ll be...

What College Students Need to Know About Money

by Old Dominion Capital Management on

College represents a time of independence in a young adult’s life. It may be the first time that your child has almost complete control over their own finances. From deciding how to use their spending money to deciphering student loan options, it can be difficult for students to adjust to the...

ODCM Newsletter

by Old Dominion Capital Management on

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Laura Brier
Employee Spotlight

You all know Laura as the voice who answers the phone and the point of contact for...

Investment Tips for All Seasons

by Old Dominion Capital Management on

If you’ve been investing in stocks or bonds for a while, you may feel like you have an understanding of this precarious trade. You may even be making plans to diversify your portfolio or research more complex investment strategies. But even if you’re a seasoned investor, there’s never a bad time to...

Using the FIRE Movement to Gain Financial Independence

by Old Dominion Capital Management on

Many people dream of the day they can leave work behind and start pursuing their lifelong dreams. But for most people, you’ll need to achieve financial stability and independence before you can leave behind your day-to-day job in exchange for a more fulfilling path. This is where the increasingly...