The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. March is here and it is Retirement Planning month at MONECO Advisors. Throughout the month we have provided you a host of content about planning for retirement and all the things you need to be doing to prepare for it and enjoy it, if you are already there. Now that March is coming to an end, stay tuned for Financial Literacy month in April!
In this issue:
- Retiring in a Post-Pandemic World (1 min video)
- It's All About Bonds (2 min read)
- 33 Easy Spring Cleaning Tips (2 min read)
- BONUS: Webinar Invite - Turning Points On The Road To Recovery
If you enjoy our Weekly Wealth of Knowledge, don't forget to check out our content on Facebook, Linkedin, and Twitter! If you want to hear more about this issue, click on the video of Managing Partner, John Rosenau.
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Retiring in a Post-Pandemic World
We all have experienced much change and alot more uncertainty over the past 12 months. Some of this change may even forever impact how we think about future events such as retirement, our activities and our personal relationships. But with uncertainty, always comes the chance for opportunity. This short video highlights some of these in the post pandemic world that we are slowly all emerging into.
Click here to read the full article
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It's All About Bonds
There’s an old Wall Street maxim that says, “markets climb a wall of worry.” And these days, there’s plenty to worry about with the trend in long-term interest rates.The 10-year Treasury yield in recent weeks moved above 1.75% (the highest in 14 months), and the 30-year Treasury topped 2.5% for the first time since August 2019.1 Long bond yields may increase for several reasons, some of which maybe good—strong economic growth—and some concerning, a potential pick up in inflation.2
Meanwhile, at its most recent policy meeting, the Federal Reserve decided to leave interest rates unchanged. The Fed also restated its commitment to no short-term interest rate hikes through 2023.3 In the interest-rate tug of war, both sides appear to be holding their own. The Fed is keeping short-term rates steady while long-term rates are trending higher due to market forces. Fed Chair Powell said that he anticipates inflation rising this year. But he believes the price increases will be temporary, with inflation staying within the Fed’s 2% target for the next several years.3
The Federal Open Market Committee projected that the economy would grow 6.5% this year, a sharp improvement over its previous estimate of a 4.2% gain. The forecast for the unemployment rate by year-end is 4.5%, down from its prior forecast of 6.2%.3
You’re likely to hear phrases like “market dislocation” or other buzzwords as pundits explain what’s happening in the bond market. But know that we’re keeping a close eye on the markets and are evaluating opportunities as events continue to unfold. In the meantime, please reach out if you have any questions.4
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33 Easy Spring Cleaning Trips
Across the country, it finally looks like we have turned the corner towards a much deserved spring. Although some of us look forward to this time of year all winter, with it, comes a long list of "to dos" for getting our homes ready and cleaned up after a long winter. Here are 33 easy tips to jump start your activities.
Why you are all completing this annual ritual, be sure to check out our FREE Shredding Day event on our website. This will be held outside of our office in the lower parking area on Saturday, May 8th from 10:00 a.m.- 1:00 p.m. As a bonus, while you are cleaning out your closets as well, we will also be partnering with //www.saveasuit.org/ and collecting unwanted professional clothing to be donated to veterans transitioning back into the workforce. We hope to see you all there!
Click here to read the full article
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Webinar Invite: Turning Points on the Road to Recovery
As the world starts to recover from the COVID-19 pandemic and the economic disruption it caused, we are excited to invite you to a timely exclusive webinar — 2021 Outlook: Turning Points On The Road To Recovery. Click below for more information and to register.
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1. CNBC, March 18, 2021
2. U.S. Department of the Treasury, February 2021
3. CNBC, March 17, 2021
4. Nasdaq.com, January 13, 2021
Economic forecasts set forth may not develop as predicted. The market value of a bond will fluctuate with changes in interest rates. As rates rise, the value of existing bonds typically falls. If an investor sells a bond before maturity, it may be worth more or less than the initial purchase price. By holding a bond to maturity, an investor will receive the interest payments due plus your original principal, barring default by the issuer. Investments seeking to achieve higher yields also involve a higher degree of risk.
Investing involves risks, and investment decisions should be based on your own goals, time horizon, and risk tolerance. 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