News

Guidance for resisting emotional investing and staying on track for the long term

When your financial professional works with LPL, you get a unique combination for managing your financial situation: a dedicated professional who understands your challenges and goals, paired with the stability and strength of a leading financial services provider.

A NUMBER OF HEADWINDS

As was the case last quarter, corporate America faces several stiff headwinds this earnings season. These headwinds—clearly not new news—include slower global economic growth, cost pressures from still-elevated inflation, ongoing supply chain issues, currency drag from a stronger U.S. dollar last quarter compared with the year-ago quarter, and geopolitical instability, particularly in Eastern Europe and China.

Practicing Mindfulness With Money Can Help Boost Your Financial Wellness

Many people practice mindfulness through yoga, tai chi or other forms of movement, often incorporating breathing exercises. Others rely on their smart watch or phone to ping them at the same time each day, urging them to practice it for a few minutes. While there are many definitions of mindfulness, this one from mindful.org seems to capture it well:

Looking To Teach a Child Some Important Money Lessons? Consider a Roth Custodial IRA.

You started early and have saved hard in your 401(k). You’ve also paid close attention to your investing strategy over the years. And you definitely understand the benefits of tax-deferred compounding over the long term and the potential for growth. Heck, you’ve even remembered to change your account password every 90 days. Maybe now it’s time to pay it forward and pass along some of your retirement savings wisdom!

Dear Valued Investor, 

We wish you a happy New Year and hope you were able to close out 2022 with friends and family. 

The beginning of a calendar year is often the time when the previous year's reflections transition to a new year's hopes. Given the market's continued instability during 2022 and a resulting tough period for stock and bond prices, everyone is hoping for a fresh start. And history gives us cause for optimism following a difficult year. While each new year brings its own unique circumstances—and having a well-balanced plan helps—more often than not, bad market years are followed by good ones. This is especially the case following a mid-term election year.