Market Updates
TLWM Market Updates
Here’s Why Your Credit Score Matters and How to Improve It
Submitted by TLWM Financial on August 28th, 2023Credit can be a scary subject to approach, whether or not you want to jump into it isn’t an option in most cases; credit determines a lot, but it can also be a great financial tool when used properly. When your credit score is good, your rates, loans, and other financial endeavors will be good, too.
U.S. Savings Bonds for Education Savings
Submitted by TLWM Financial on August 28th, 2023An Essential Guide to Estate Planning Preparedness
Submitted by TLWM Financial on August 28th, 2023A recent survey by Caring.com found that a whopping two in three American adults do not have an estate plan1—an alarming statistic, considering that an estate plan can protect your assets and ensure that they go to the right people. If you have not begun to prepare an estate plan, or if your estate planning efforts have stalled, what can you do to get back on track?
Monthly Market Update
Submitted by TLWM Financial on August 1st, 2023The second half of the year began on a positive note with the S&P 500 rallying about 3% in July and is now up over 19% for the year. At one-point last month the Dow Jones Industrial Average was up 13 consecutive days – the longest winning streak since 1987. (YCharts)
These returns have been driven by solid economic data (including better than expected inflation readings) and an optimism that the Fed’s hike last week could be the final one of this cycle. This month we’re going to review three indicators from our dashboard that have been impacted by the recent strength in stocks:
Monthly Market Update
Submitted by TLWM Financial on July 7th, 2023
Another six months have flown by as we reach the halfway mark of the year with strong stock market returns. The S&P 500 is up almost 16% YTD, after rallying 6% in June. (YCharts)
At the beginning of the year, we highlighted a number of areas we thought were important to watch in our annual outlook. We’re going to revisit four of these themes and provide an update on each.
- Inflation: For the second year in a row CPI (Consumer Price Index) may be the most closely watched data point. The most recent reading dropped to 4%, the lowest rate in 2 years, and substantially lower than the peak of 9%. If we see inflation continue to trend downward it would likely be a positive for markets. (YCharts)
Transformative Tech - Will AI Upend the American Workforce?
Submitted by TLWM Financial on July 7th, 2023Transformative Tech - Will AI Upend the American Workforce?
Submitted by TLWM Financial on July 7th, 2023Estate Planning: Don’t Just Set It and Forget It
Submitted by TLWM Financial on July 7th, 2023Estate planning is critical for efficiently transferring your money, property, and assets to your beneficiaries after you die. The reason people choose an estate plan is that it avoids probate. One thing to keep in mind about your estate plan is not to set it and forget it. As life continues to change, your estate plan should reflect those changes too.