The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. With May kicking off "Elder Care" month at MONECO Advisors, all month long we will be providing you content surrounding some of the unique financial challenges facing our seniors today. Whether you are in your Golden Years or assisting someone who is, we are confident that you will find the information helpful.
In this issue:
• Housing Prices Continue To Rise (2 min read)
• How To Handle Market Declines (4 min read)
• Starting The Elder Care Conversation (3 min read)
BONUS: Webinar - Washington Policy Update
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Housing Prices Continue To Rise
Despite being in a rising interest rate environment, which has ticked up mortgage rates, home prices year over year in February jumped nearly 20%. High demand combined with low inventory some say is the driver behind this, but is this growth sustainable? If you have any questions, do not hesitate to give us a call.
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How To Handle Market Declines
There is no doubt that the financial markets have been dealing with several headwinds since the beginning of 2022. Rising rates, inflation and the conflict in Ukraine have been three of the manin drivers for the recent disruptions. It is during times like these, that it is important to put things into perspective, to ensure your financial plan stays on track. Our friends at American Funds have assembled a great synopsis of some key historical figures that will assist us all when handling market declines. As always, we are here to listen and help any way we can.
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Starting The Elder Care Conversation
May kicks off "Elder Care" month at MONECO. All month long we will be providing you content that discusses some of the unique financial challenges facing our seniors today. If you or a family member is rendering care to a loved one or expect to in the near future, the time to begin the conversation with those involved is today. Starting the conversation sooner rather than later, will help bridge the communication gap between a caregiver and the person receiving it. If we can assist, do not hesitate to reach out to our offices.
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Webinar - Washington Policy Update
Come join us as we partner with Putnam Investments for a Washington policy update. We will be discussing the latest policies and legislation coming out of our nation's capital, including tax law changes, infrastructure spending, debt ceiling, midterm elections and the potential impacts to your financial plan. You will not want to miss this one!
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LPL Financial is not affiliated with Capital Group/American Funds.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.