Market Updates
TLWM Market Updates
Monthly Market Update
Submitted by TLWM Financial on May 1st, 2023After experiencing some volatility in March, stocks settled down in April as the S&P 500 closed the month about 1.5% higher. We are now a third of the way through the year and it’s been a good start for stocks as the S&P 500 is up about 8.5% year to date. (YCharts)
This month we’re going to highlight three potential market movers that we’ll be watching closely in the weeks and months to come:
2023 FORBES BEST-IN-STATE WEALTH ADVISOR
Submitted by TLWM Financial on April 20th, 2023529 Plans and Alternatives: Making an Educated Decision about Education Savings Options
Submitted by TLWM Financial on April 12th, 2023Those that choose to invest in the education of a family member, friend or acquaintance are investing not only in that individual’s future, but also the future of society. It is an act of generosity, forward-thinking, and love. However, this type of investment can be more complicated than initially thought. Which plan should you choose and how do you decide?
The Importance of Setting Career Goals
Submitted by TLWM Financial on April 12th, 2023
We all want to grow in our careers; after all, no one wants to be stuck in the same job for years and years. But in order to achieve any type of professional success, we must continually push ourselves and develop our skills. How do we do that? Set goals. Consider these goal-setting strategies.
Define what success means to you
A Tough Times Survival Guide for Small Businesses
Submitted by TLWM Financial on April 12th, 2023Small businesses may often find themselves struggling, and there are many situations in which business owners may find themselves weathering a storm and hoping to make it through. While the strength and fortitude of those who run small businesses can be an asset in helping them succeed when times are rough, there are a few strategies that can make survival a little easier.
May the 4th Be With You: 4 Money Lessons for Becoming a Financial Jedi Master
Submitted by TLWM Financial on April 12th, 2023When it feels like the galaxy’s forces are all working against you when it comes to your finances, fighting back may seem incredibly daunting. However, becoming a financial Jedi Master is not as hard as you think. Here are four money lessons that may help you gain wisdom, perspective, and possibly some mastery of your finances.
Six Uses for Life Insurance You May Not Know About
Submitted by TLWM Financial on April 12th, 2023When people think of life insurance, what usually comes to mind is settling the deceased's final expenses and providing financial support for their beneficiaries. Although these are the most common uses of life insurance, cash value, or whole life insurance, they offer financial resources to other situations. Here are six cases where using life insurance may be appropriate:
Monthly Market Update
Submitted by TLWM Financial on April 3rd, 2023
We saw increased volatility in stocks and bonds in March, as the S&P 500 rallied to finish the month up about 3.5%. (YCharts)
It was an eventful month of headlines, primarily with turmoil in the banking sector as two banks failed in three days. Concerns surrounding the banking system became the number one issue for investors, with the subsequent Fed meeting and rate decision a close second.
We’ve received a number of questions about the banking system and will tackle three of the biggest ones below:
- Are these failures systemic? At this point, we don’t believe these bank failures are a sign of widespread issues. One reason for this is that the cost to insure against banks failing increased (as expected), but remained below the levels we saw in 2020 and far below levels seen during the financial crisis. That said, we will continue to watch this sector carefully and be ready to make adjustments to portfolios if needed.
The Best Investment: Teaching Your Children to Save and Invest
Submitted by TLWM Financial on March 23rd, 2023A 2022 Gallup Poll found that 58% of all adult Americans own stock. The top 1% owns more than half the total amount invested among those who own stock. 1 Making investing possible for your children, nieces, nephews and other loved ones may be the key to improving their financial future and getting them off to a good start in adulthood.