Things seem to be looking (a little) up with the first non-hike in rates we’ve seen and inflation starting to come down a little, but consumer sentiment is still hovering around the all-time lows.
What does that mean?
Retirees are still unsure of what to do with their money.
Selling to a plan is ok, but in this environment, they need to know what to take action on right now.
Give free advice, tell them what little actions they should be doing right now. What could they be going home and doing right after hearing your radio show or coming to your seminar?
Pick a side, have an opinion, give advice, it’s ok to give it away for free sometimes!
If they take your advice and it works, they’ll be calling you!
Have a great week!
Here are your Quick Hits:
The National Debt Fixer
- Quit complaining about the national debt and try to fix it yourself!
- I thought this tool was super interesting and something to share with clients and prospects. It allows you to make decisions like a president to try and get our national debt stabilized for economic growth.
The Risks of Storing Money in Apps Like Venmo and Cash App
- Bit of a click bait title and more like a PSA, but one that is helpful for clients to understand not to leave good amount of cash in apps instead of their bank account
- “The Consumer Financial Protection Bureau is warning that the funds may be at risk if the app’s parent company runs into trouble.”
- “Unlike deposits in savings and checking accounts at federally insured banks, funds stored in many “peer to peer” apps aren’t automatically protected”
The Worlds Top 25 Websites in 2023
- These lists always intrigue me as I’m usually shocked at the list!
The US Stock Market has Officially Entered It’s Latest Bull Market
- Hmmm Bearly Noticed!
- “The S&P 500 has surged 21% since its October low, surpassing the 20% that many hold as an unofficial threshold for entering a bull market.”
