August is all about back-to-school planning and preparing for what’s ahead at Moneco Advisors. In this edition of the Wealth of Knowledge newsletter, we’re focusing on college savings, planning ahead for future education costs, and strategies that can help families feel more prepared for the years ahead.
This month’s newsletter highlights include:
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Advisor Insights: Making College Savings Part of the Conversation
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Market Commentary: The Dispatch Market Update
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Featured Content: Making the Most of Summer with Moneco
If any of these topics raise questions or spark a conversation, we welcome you to connect with our team. And as always, feel free to share this newsletter with anyone who may benefit from these insights.
Back-to-School Planning: Making College Savings Part of the Conversation
As families head back to school, it can be a good time to think beyond the upcoming school year and start planning for future education costs. While college may still be years away, starting early can give families more time to build savings and create a strategy that fits within their broader financial plan.
From making consistent contributions to utilizing a 529 education savings plan, there are a variety of approaches that can help families prepare for future college expenses while maintaining flexibility as their child’s plan take shape.
At its core, college savings is about more than simply setting money aside. It is about starting early, creating a thoughtful strategy, and balancing education goals with other important financial priorities to help put your family in a stronger position for the future.
Click below for Todd Schroder’s Insights Blog.
The Dispatch: Monthly Market Update
Navigating a More Volatile Summer
Markets experienced a more uneven summer, as shifts in investor sentiment around artificial intelligence, rising oil prices, and changing interest rate expectations create periods of volatility. While the Federal Reserve kept rates steady, longer-term Treasury yields climbed and concerns around inflation and government borrowing added pressure to some of the market’s higher-valued areas.
Despite these challenges, the broader economy and corporate earnings remained relatively resilient. Markets regained their footing as Middle East tensions eased and oil prices declined, with major U.S. indexes reaching new highs before renewed pressure from rising rates created a bumpier end to the month.
The recent market swings are a reminder that even strong markets rarely move in a straight line. For investors, maintaining a long-term perspective and focusing on how market changes affect their individual financial plans can be more valuable than reacting to short-term headlines.
Click here to read the full market commentary for additional insights and analysis.
Making the Most of Summer
As summer comes to a close and everyone starts settling back into their fall routines, our Moneco team has been making the most of the season with a few opportunities to connect and spend time together outside of the office.
From learning the art of mozzarella making to cheering on the Yankees at the ballpark, these events have been a fun way for our team to connect, share new experiences, and celebrate the end of another summer. We’re grateful for the people who make up the Moneco team and the culture we continue to build together.
Here’s a look at some of the fun we’ve had this summer!
Important Disclosures
Moneco Advisors is a registered investment adviser. This is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Moneco Advisors and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Moneco Advisors unless a client service agreement is in place. This commentary reflects the personal opinions, viewpoints and analyses of the Moneco Advisors employees providing such comments, and should not be regarded as a description of advisory services provided by Moneco Advisors or performance returns of any Moneco Advisors client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Moneco Advisors manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in this presentation.