Prudhvi Chandu Joins Cox Capital Management as Research Intern

Prudhvi Chandu joins CCM.

Cox Capital is pleased to welcome Prudhvi Chandu of Dracut, MA as the latest addition to the UMass Lowell Internship Program. Prudhvi is a graduating senior at UML with a degree in Finance. One of the top students in his class, Prudhvi demonstrates strong analytical abilities and knowledge of several computer programming languages. His desire to learn about and understand financial markets makes him a perfect fit for Cox Capital’s Internship Program. Prudhvi’s main roles at Cox Capital include analyzing client fixed income portfolios, researching corporate and municipal bond investments, and creating research models. Additionally, Prudhvi is responsible for authoring a weekly newsletter highlighting recent economic news and interest rate movements. “Prudhvi is a very bright young man and will be a tremendous asset for our team during his time with us,” said Cox Capital Management founder Bill Cox. Finally, Prudhvi has already passed the Level I CFA examination and plans to pursue a career in wealth management.

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Retirement Savings Rules are Changing – What You Need to Know

The SECURE Act, passed in December of 2019, puts in place new retirement rules

Photo by Aaron Burden on Unsplash

On December 20th, 2019, the Setting Up Every Community for Retirement Enhancement (SECURE) Act of 2019 went into effect. While the law changed some arcane regulations that will only apply to a sliver of people, there were a couple major changes. These new rules will affect the vast majority of retirees. Here’s a quick run down of the provisions we feel will be most relevant for our clients:

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Financial First Aid Kit For Turbulent Times

Investors will unfortunately feel the excruciating pain of bear markets every now and then. The temptation during these turbulent times is to sell everything, run for the hills and sit on the sidelines. The reason is because as human beings, loss aversion is deeply embedded into our psychological makeup. The pain of losing money is always more powerful than the pleasure of making money. People simply don’t want to lose what has taken a lifetime to achieve, what has been gifted to them, or what has been derived from the sale of a home or a business. Seeing this money evaporate in a moment’s notice is more than gut-wrenching.

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