The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. As we welcome in June at MONECO Advisors, our new theme for the month will be "safety". Our content all month long will focus on things you should be aware off and the steps you need to be taking to protect you, your families, your homes and your assets.
In this issue:
• How Umbrella Liability Insurance Works (4 min read)
• Has Inflation Peaked? (3 min read)
• Summer Safety Tips (3 min read)
BONUS: Fairfield Police Sunset 5k - Presented by MONECO Advisors
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How Umbrella Liability Insurance Works
Umbrella liability insurance can play a key role in your overall financial plan and is often overlooked. Even if you carry traditional home owners insurance, an umbrella often will cover certain liability claims that other policies do not. Should you investigate a policy? How much will it cost and what level of protection should you seek? Read below to find out and if you have any questions at all, do not hesitate to reach out.
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Has Inflation Peaked?
Last week, the markets seem to close on a high note, as new reports on consumer spending in April beat expectations. In addition, although still on the rise, inflation figures did indicate a rise at a slower pace, signaling to some analysts that it may have peaked. Of course only time will tell, but both these signs are giving hope that they could help fuel economic growth for the second quarter. Give us a call if you would like to talk through some of these indicators.
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Summer Safety Tips
As we kick off "safety" month in June here at MONECO, we figured with the kids school year ending soon and many families planning vacations, it would be a good idea to review some summer safety tips. Although there is no argument for wanting to spend the day outside or at the beach during the summer, the heat can have many adverse side effects if you do not take the right precautions and stay protected. Here is a few tips to help kick off the summer season safely!
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Fairfield Police Sunset 5k Presented by MONECO Advisors
The 4th Annual Fairfield Police Sunset 5K is Presented by MONECO Advisors. All proceeds will be donated to the Fairfield Police Union Scholarship Fund & the newly formed Fairfield Police Foundation. You can run (3.1 mile) or walk (1 mile) course. We were able to increase the number of participants to 1000 this year and do expect to sell out, so don't delay, sign up today for Fairfield's most memorable night of the summer! Sponsorship opportunities available via the registration link as well.
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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.