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Weekly Wealth of Knowledge - Week of 10/23/23

October 24, 2023

The Weekly Wealth of Knowledge is your download of this week's most important topics related to our community, financial planning, the markets and more! October continues with "breast cancer awareness" month, where we will be providing you content on how to get involved to support the continued battle against this horrible disease. This will include ways to give, get involved with advocacy, as well as ensure you are educated on how to carry the torch, not just in October, but throughout the year!

In this issue:

  • MONECO Insights - Empowering Hope: Financial Support Resources (3 min read)
  • Team MONECO - In The Community (2 min read)
  • Financial Planning For Breast Cancer (3 min read)

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MONECO Insights - Empowering Hope: Financial Support Resources

With the many challenges that come with Breast Cancer having to balance work, family, expenses, hospital visits, etc., it can all become overwhelming rather quickly. Luckily there are many financial support resources available at your disposal. Many can turn to their local community in search of support groups, as well as non-profits. There are also several platforms to assist with the financial burden such as GoFundMe. We hope you find this information helpful and as always, if you have any questions, we are here for you.

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Team MONECO - In The Community

This week around the office, a few members of our team as well as MONECO clients had the chance to play in the Fairfield Police Union Annual Scholarship Fund Golf Outing. Supporting the golf tournament is one of the many ways that MONECO gives back to the local police department, as well as our community.

The Fairfield Police Foundation was created to raise and distribute funds to the Fairfield Police Department for a variety of purposes, including essential equipment, technology and training typically outside the municipal budget, costs associated with officer wellness initiatives, and the continued community funding of the Fairfield Police K9 Unit. It also supports officer recognition programs and other items which typically fall outside of a typical police budget in order to make the job of a Fairfield Police Officer, safer, healthier and more sustainable.


Financial Planning For Breast Cancer

The cost associated with cancer is not one to be taken lightly. However, there is a hefty amount of information to guide those in the right direction. The right health insurance is prudent to help lift some of the burden, as well as give those a better understanding on what will work best for them. Managing the expenses associated with such an endeavour contains its challenges. Fortunately, there are many laws that protect the patient as well as tips to help you stay on track with payments. 

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Important Information

This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.

References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.

Moneco Advisors, LLC and LPL Financial are not affiliated with any other referenced entity.

This commentary reflects the personal opinions, viewpoints and analyses of the MONECO Advisors employees providing such comments, and should not be regarded as a description of advisory services by MONECO Advisors or performance returns of any MONECO Advisors client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. MONECO Advisors manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.