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MONECO's Weekly Wealth of Knowledge - Week of 2/8/2021

February 08, 2021

The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. February is here and it is Generational Planning month at MONECO Advisors. Throughout the month we will be providing you a host of content about transfer ring wealth to other members of your family and the appropriate strategies and benefits of doing so.

In this issue:

  • What is Short Selling? (3 min read)
  • Tips For Effective Wealth Transfer (4 min read)
  • Staying Positive (2 min read)

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What is Short Selling?

With recent financial headlines being dominated by how certain influencers were able to potentially create artificial markets, we felt it would be fitting to highlight an article by our friends at NPR that does a great job at explaining how short selling works in an easy to understand summary.

Click here to read the full article


Tips for Effective Wealth Transfer

February is Generational Planning month at MONECO Advisors and our friends at MFS have put out a great piece together on how to properly navigate the process. Passing on wealth is not just about getting financial assets to future generations. It’s also about passing on what you think is important and avoiding damage to your children’s relationships with each other. Unfortunately, research shows that for many families the process goes awry. Here are some steps you can take to try to avoid common and costly mistakes while increasing the likelihood that your estate transfers successfully and lasts through another generation. As always, we are here to help.


Staying Positive

Although January is behind us and all of our goals and resolutions have been set and are hopefully working out, one thing that we all still need to be conscious of, is staying positive throughout the entire year. This next article highlights ways to do just that when there are still many uncertainties in front of us.

Click here to read the full article.


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