Today’s financial tip: Keep an eye on your asset allocation! Markets are dynamic, and your portfolio should be too. Here is your end-of year reminder to review your investments to ensure they align with your long-term goals. #FinancialPlanning #InvestSmartly
Feeling the Pinch of Inflation? Learn How to Protect Your Savings!
The Bureau of Labor Statistics reported a 2.7% increase in the Consumer Price Index, reaching 3.3% when including food and energy prices. This inflation reduces purchasing power, as traditional savings account yields lag behind inflation rates. Smart financial management through high-yield accounts and securities can mitigate these effects.