About 75 years ago, during the summer of 1945,  Americans celebrated VJ day as World War II came to a finish.  Good feelings combined with a huge pent up demand for products and cash from the GI Bill, resulted in the “golden age of capitalism”.  GDP exploded and the middle class expanded until well into the mid-seventies.  On December 10th, when the FDA meets to approve the logistics of providing at least three vaccines to a world held captive by Covid-19, we may experience our own VV day, or Victory by Vaccine for the global economy.  The market’s outperformance during the month of November may be indicating that a demand fueled recovery is becoming a reality.  Just don’t kiss a stranger in Times Square, it might be frowned upon in 2020.

Take the amount you’re investing into your retirement plan that is over and above the company match (if you have one) and split it between savings and retirement investing until you reach your emergency-fund goal. – Kyle Whipple, financial adviser and partner at Custom Wealth Solutions in Plymouth, Mich.

Build up a stash of credit-card rewards points as part of an emergency fund. I always keep at least 25,000 points on my AmEx as a backup emergency fund. I can use my points to pay for groceries at Walmart or Amazon, or pay for things through PayPal. -Kimberly Foss, President and Founder of Empyrion Wealth Management, Roseville, Calif.