Everyone needs a financial plan unique to their goals and desires, but there are a few “money management truths” that are smart strategies for everyone, regardless of income level or stage of life. Here are the 7 money management tips we recommend for creating a strong financial foundation!
A financial planner is like your coach in the game of investing. They are there to help you make strategic plays and choose strategies to help you reach financial goals.
April was an abysmal month for most risk assets, with the S&P 500 index (large US companies) declining nearly 9 percent bringing year-to-date losses for the index to almost 13 percent.
Some may say that investing is morally neutral ground – that the actions of businesses we invest in are not directly our responsibility, especially if we are far removed from the decision-making processes at play. However, the Bible teaches us a different lesson that we should pay close attention to if we want to serve the Kingdom of Heaven.
Equity markets are once again in correction territory (defined a decline of 10% or more) with some parts of the market, such as technology stocks, officially in a bear market (a decline of 20% or more).
Both equity and fixed income markets continued their downward slide last week. The war in Ukraine continues to drag on, Covid-19 lockdowns in China persist, and Federal Reserve President Powell indicated that a 50-bps interest rate increase is “on the table” at the next meeting.
We recently held our Quarterly Market Update Webinar. Watch the replay to receive market updates and predictions as well as hear from a member of the OneAscent Investment Committee on current portfolio positioning and performance.
Are investors really responsible for the unintended consequences of their choices? Many investors are solely putting their money into “the market,” and don’t ever consider that what companies do and don’t do could be part of their responsibility. Think about how Jesus taught. Every choice we make determines which Kingdom we are nurturing.
Last week the equity markets retreated, in general, during the holiday-shortened week. Inflation, the conflict in Ukraine, and the resurgence of Covid-19 all remain issues that are weighing on investors.
Do you find yourself having frequent conversations surrounding finances with your spouse? What about none at all? Finances are a common point of contention in many marriages. It’s not something to be ashamed of, but it doesn’t have to be something you live with either. We believe it’s important for client couples to be on the same page regarding their finances. Here is why this matters and what we do to encourage unity!