The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. January is here and it is "new year, new you" month at MONECO. All month long we will be providing you with a host of content about new goals, new habits and new financial planning strategies to consider.
In this issue:
- 4 Financial Resolutions To Make For 2022 (3 min read)
- U.S. Goods Trade Gap Hits Record (3 min read)
- Top 13 New Year’s Resolutions For College Students (4 min read)
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4 Financial Resolutions To Make For 2022
2021 is now in the rear view mirror and let us hope for a better 2022. To kick things off, here is a list of 4 financial resolutions to put at the top of your list to ensure your financial house is in order this coming year. As always, we are here to help. If you have any questions at all, do not hesitate to reach out!
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U.S. Goods Trade Gap Hits Record
The U.S. trade deficit came in at a record number in November, the widest ever. We are importing way more than we are exporting. This could indicate that our economy is recovering faster than the rest of the world in general. It could also help support the thesis why overall portfolio allocations continue to favor U.S. equities over foreign at this time. If you have any questions on your current overall allocation, give us a call.
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Top 13 New Year’s Resolutions For College Students
We are strong proponents at MONECO in the idea that it is never too early to start thinking and planning for the future, even if that means you are still in college. The beginning of a new year is an even better time to begin this process. Good planning now is a great way to build on constructive habits into the future.
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