Due to the recent monetary policy decisions by the Federal Reserve, the bond market is increasingly drawing investors’ attention.
LIFESTYLE DRIVEN ADVICE APRIL 2023
Hello,
Due to the recent monetary policy decisions by the Federal Reserve to raise interest rates, the bond market is increasingly drawing investors’ attention. Currently, bond markets are experiencing an atypical inverted yield curve. This means that the interest rates of short-term instruments are higher than those of long-term instruments. Because short-term instruments like 3-month Treasury Bills pay higher interest, it may seem like a good idea to own 3-month T-Bills instead of 30-year Treasury Bonds. However, in this Wealth Insights video
, XML President Curtis Congdon
explains why that strategy hasn’t worked well in recent history, and he outlines why it exposes an overlooked element of bond risk.
Speaking of getting overlooked, this month our blog focuses on two essential elements of retirement planning that people often miss. Many people do a great job saving for retirement, but what happens when you actually need to start spending your hard-earned money? To maximize your retirement income, it’s important to consider a distribution plan
. Along with your wealth, your health is the most important aspect of your life to consider in retirement. This month, we also discuss long-term care planning
, to help you get started on the path to ensuring your health is well taken care of in retirement.
Lastly, XML is hosting Foiling Fraud: For You and Others
, a webinar designed to help you protect yourself from rising fraud rates. On Monday, May 15 at 12PM ET
, Senior Wealth Advisor Noory Enayat, CFP®
, and Chief Compliance Officer Jennifer Szaro, CRCP®
will share key insights into protecting yourself from rising incidences of fraud. Learn more about this webinar and register today
.
As always, if you have any questions about the information shared in the newsletter, please don’t hesitate to get in touch.
Upcoming Webinar: Foiling Fraud
No matter your age or experience level dealing with scams, cybercrime is a threat to all of us. Fortunately, there are ways you can protect yourself, and XML Financial Group is here to show you how. On May 15 at 12 PM
, XML Senior Wealth Advisor Noory Enayat, CFP®
, will host a discussion on cybersecurity and fraud protection with XML Chief Compliance Officer Jennifer Szaro, CRCP®
. Jennifer will share key insights into protecting yourself from cybercrime and fraud
Why You Need A Retirement Income Distribution Plan
Having a plan to save for retirement is only half of the equation—the other half is having a plan for spending that money once you reach retirement.
A retirement income distribution plan can help maximize your income in retirement and ensure your savings last as long as you need them to once your working years are done.
Is Your Long-Term Care Planning Where It Needs To Be?
A recent LIMRA study found that only 3.1% of people actually have stand-alone long-term care coverage.
Long-term care planning is an essential part of protecting your financial future, especially once you reach retirement age. Click the link below to find out where your long-term care planning needs to be.
In the first-ever released list by USA Today of the Best Financial Advisory Firms
, we are proud to announce that we have been named to this illustrious list! This list was compiled by research firm Statista, and it scoured over 32,000 RIA firms in the United States to come up with the 500 best firms. We are excited to be on this list and look forward to continue helping our clients in the best way we can.
XML did not apply for or pay a fee for consideration or inclusion in the USA Today list. The list was compiled by an independent research firm querying individuals. Methodology can be found here
.
Congratulations to Curtis
, Mark
, and Bob
on this distinguished recognition - we’re proud to have them leading their respective teams!
*Coverage period is 2022 and Data as of June 30, 2022. America’s Top Registered Investment Advisor Firms ranking was developed by SHOOK Research and is based on data submitted by the participant, in-person, virtual or telephone due diligence meetings and a ranking algorithm that includes: a measure of best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerance vary, and advisors rarely have audited performance reports. Neither SHOOK nor Forbes receive compensation from XML in exchange for its Registered Investment Advisor Firm placements or rankings, which are determined independently. Participation in this directory is limited to ranked firms; once placed on a ranking, firms may choose to pay fees to Forbes and Shook for premium listing features as indicated by highlighted names. XML paid no such fees. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor or firm and not indicative of future performance or representative of any one client’s experience. Investors must carefully choose the right advisor or firm for their own situation and perform their own due diligence. For more information, please see www.SHOOKresearch.com , SHOOK is a registered trademark of SHOOK Research, LLC.To view additional important disclosures please visit https://www.xmlfg.com/disclosures/
The Barron’s Top 1,200 Financial Advisors rankings are based on assets under management, revenue generated for the advisors’ firms, and the quality of the advisors’ practices. Investment performance isn’t an explicit factor because clients have varied goals and risk tolerances. XML Financial pays licensing fees for the use of official logos and advisor awards profiles in digital media formats.
With recent market volatility and disruption in the banking sector, an opportunity exists for those looking to buy and hold ETFs that have been recently battered. Those holding exchange-traded funds, or ETFs, are seeing the largest losses in decades. However, this presents an opportunity for bargain-hunting investors to bet on a rebound. Read this recent U.S. News &World Report article featuring XML President, Curtis Congdon
, for his thoughts on banking ETFs
.
XML App
If you haven't already, now is a good time to download the XML Client Wealth Management App! Use the app to quickly access your accounts securely, view and share our extensive library of webinars, blogs, and articles, as well as track your favorite stocks. And stay in-the-know for upcoming webinars and important market information from your advisor through alerts and notifications. Download it here at the Apple Store
or Android Store
.
This communication is for information and educational purposes only. This is not a recommendation for the sale or investment in any product or strategy nor should it be perceived as individual advice. Information presented has been prepared from sources believed to be reliable but is not guaranteed and does not represent all available data necessary for making investment decisions. Economic and market forecasts presented herein reflect a series of assumptions and judgments as of the date of this presentation and are subject to change without notice. Forecasts do not consider the specific investment objectives, restrictions, tax and financial situation or other needs of an individual. Actual data will vary and may not be reflected here. Accordingly, these forecasts should be viewed as merely representative of a broad range of possible outcomes. The opinion expressed by this individual is based on facts and circumstances known at this time, is subject to change and does not reflect the opinions of all financial professionals of XML.
