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MONECO's Weekly Wealth of Knowledge - Week of 11/23/2020

November 24, 2020
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The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. November is giving month at MONECO Advisors, so we will be including some pieces on how you can contribute to your community.

In this issue:

  • Speed Bumps and Headlines (1 min read)
  • The Investment Risk No One's Ever Heard Of (3 min read)
  • Package Up Your Kindness (2 min read)

If you enjoy our Weekly Wealth of Knowledge, don't forget to check out our content on Facebook, Linkedin, and Twitter! John Rosenau is featured in this week's video:

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Perhaps this year, more than ever, Thanksgiving gives us a chance to appreciate what we have – friendships, relationships, and a sense of connection. These gifts are priceless.

We also want to thank you for choosing us as your trusted financial professional and for allowing us to help you pursue your goals. That’s a trust we never take for granted.


Although this holiday may be a unique one, we hope it brings you some beautiful memories. We wish you a great Thanksgiving and a wonderful holiday season.

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Speed Bumps and Headlines

As an investor, it can be tempting to get caught up in daily news headlines. Consider how news about the election and COVID-19 vaccines have moved the markets over the past several weeks. But having a financial strategy can help you ignore short-term volatility and focus on your long-term vision.

As you know, investing is a process based on your goals, time horizon, and risk tolerance. Interestingly enough, it’s also a process that may help you prepare for life’s financial challenges.

For example, did you know that only 44 percent of workers have estimated how much income they would need in retirement? What’s more, only 36 percent have calculated how much money they would need to cover healthcare expenses.1

Creating a financial strategy means thinking about the bigger picture, including a variety of issues like monthly income needs, handling unexpected expenses, and preparing for healthcare costs. People who take a “do-it-yourself” approach can quickly find themselves overwhelmed by all the variables they need to consider.

If a current event or headline has caused you to reconsider your financial strategy, please give us a call. Sometimes, a newsworthy event can require a new approach. But many times, it may just be a “speed bump,” a momentary blip that’s already factored into your long-term vision.

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The Investment Risk No One's Ever Heard of

Any knowledgeable investor understands that there are a number of risks when investing in the capital markets. Some of these risks can be mitigated by diversification and other strategies we put in place at MONECO.

However, there is a lesser-known risk that cannot be easily reduced by diversification: The sequence of returns risk. Click here to learn more.

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Package Up Your Kindness

It's giving month at MONECO Advisors, and we want to provide you with different incentives to give back to your community. It might seem hard to find a meaningful way to give back besides monetary donations. However, a care package is a great way to start. At the link below, you can find checklists to make care packages for the homeless, nursing homes, children's hospitals, and the military.

Click here to learn more!

Virtual Turkey Drive 2020

Thank you to all of our virtual turkey drive supporters! This year we raised a record amount of donations for the Connecticut Food Bank. Your donations will be well spent on meals for families in our area this holiday season. If you are still looking to donate, click here! We hope everyone has a happy Thanksgiving!

Click here to donate.

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1. EBRI.org, April 23, 2020

Important Information

Investing involves risks, and investment decisions should be based on your own goals, time horizon, and tolerance for risk. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.