The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. December kicks off "small business" month at MONECO. All month long we will be highlighting ways we can all support small businesses within our local communities this holiday season and beyond. We would also like to take this time to wish all of you and your families a safe & happy holiday season!
In this issue:
- Rising Rates Could Impact Obtaining A New Mortgage (3 min read)
- U.S. Business Inventories Increase (2 min read)
- With Simulus Ending, What Small Businesses Need to Know (3 min read)
- BONUS: Giving The Gift Of Financial Planning
If you enjoy our Weekly Wealth of Knowledge, don't forget to check out our content on Facebook, Linkedin, and Twitter!
-------------------------------------------------------------
Rising Rates Could Impact Obtaining A New Mortgage
After the latest comments from the Federal Reserve last week, many analysts say, although interest rates will most likely rise in the future, this could actually have a positive impact on obtaining a mortgage, albeit, potentially at a higher rate than now. The thought is that banks will have to compete more for home buyer's attention and thus make it easier to qualify for a mortgage. As always, if you have any questions, do not hesitate to give us a call.
-------------------------------------------------------------
U.S. Business Inventories Increase
U.S. business inventories increased strongly in October, despite the continuing headlines of supply chain challenges. Although there is some debate if this is do to some trying to get ahead of the curve of any future inventory disruptions or a result of increased demand for products, only time will tell. As always, if you have any questions, give us a call.
-------------------------------------------------------------
With Simulus Ending, What Small Businesses Need to Know
As the deadline for stimulus to small businesses approaches on December 31st, there is still much to know for small business in 2022. If you are a small business owner or looking to become one, here is some information that will no doubt be helpful as you plan for next year and beyond.
Click here to read the full article
-------------------------------------------------------------
Giving The Gift Of Financial Planning
This holiday season your team at MONECO is giving the gift of financial planning! We know that the past two years have been some of the most challenging financially, emotionally, and personally for all our clients and friends. We want to help you, our clients, and your family and friends overcome these challenges as best we can.
As a value-added service this holiday season and beyond, we want to offer a complimentary financial planning session to all those who are near and dear to help them get their financial plans on track. If they are important to you, then they are important to us, and we want to help. Please reach out to your advisor to learn more and give the gift of financial planning this holiday season!
