Emerald Wealth Mgmt.

07/25/2024

If you are reading this post...EWM is not active on FB. You can catch more info by connecting with me on LinkedIn @ Lynne Connolly, Emerald Wealth Management, Inc. See you there!

09/08/2023

Despite challenges from rising yields and credit downgrades, stocks staged a late-month rally. All eyes are now on the Fed's upcoming meeting, while National Preparedness Month reminds us to get equipped for unexpected challenges.

After sliding for much of last month on rising yields, credit rating downgrades, and economic weakness out of China, stocks staged a late-August rally to help trim losses.

09/07/2023

Which month has historically been the most volatile for the stock market?

Most people will probably say October, but it’s incorrect.

Despite October’s reputation for events such as the crash of ‘29, Black Monday’s 22% single-day drop in ‘87, and the federal bank bailout in ’08, over the last 25 years, September has been worse.

This phenomenon has become known as the “September Effect.” And this isn’t just a U.S. market anomaly but a global trend that has been affecting stock markets worldwide.

What causes it? Well, there are several theories (and they are just theories):

Election Season—September usually begins the U.S. election cycle, which can cause investors to reposition their portfolios if they anticipate a power shift in Washington, D.C.

Seasonal Rebalancing—With the end of summer, children return to school, vacations end, and investors start to position themselves for the final quarter.

Market Psychology—Stocks may fall in September because investors expect them to.

Don’t allow short-term market movements to distract you from your financial strategy.

Question: Have you ever been tempted to buy or sell based on seasonal trends, such as the "September Effect?"

09/07/2023

This calculator estimates your chances of becoming disabled and your potential need for disability insurance.

09/07/2023

Many of the drugs are already facing strong competition from other branded medications or patent expirations that will open the market to generic alternatives.

09/06/2023

What will your family do if you can't earn an income? Here are steps you can take today.

This calculator estimates your chances of becoming disabled and your potential need for disability insurance.

09/06/2023

📢 Medicare drug price negotiations may have a muted impact on drugmakers in the near term.
✅ Analysts suggest that other factors like competition and patent expirations may already affect revenue and profits.
💊 Some drugs on the list are not significant contributors to their company's business.
📅 Negotiated prices won't go into effect until January 2026.
🔒 Lawsuits filed by drugmakers may prevent negotiated prices from being implemented.
🩺 Negotiations may have a more significant impact in future rounds, especially for biologic medications.
🤔 The long-term impact of negotiations could influence drug development strategies.

Many of the drugs are already facing strong competition from other branded medications or patent expirations that will open the market to generic alternatives.

09/05/2023

🚶‍♀️ Discover the magic of an ancient pilgrimage route in rural England 🌳🏰

🌿 Join a multi-day walk through Marshwood Vale in West Dorset, organized by the British Pilgrimage Trust.

🎶 Immerse yourself in nature and heritage, communing with sanctified places along the way.

🌄 Traverse charming villages, wild landscapes, and even a 14th-century pub.

📚 Explore paths once traveled by smugglers, pilgrims, and cattle drovers.

🗣️ Engage in therapeutic walking and talking, connecting with fellow pilgrims.

🍻 Quench your thirst at the historic Shave Cross Inn, where monks once came to have their heads shorn.

⛪️ Visit the Cathedral of the Vale and experience the tranquility of Saint Wite's shrine.

🙏 Embrace the ritual and continuum of pilgrimage, finding unexpected peace in ancient spaces.

In Dorset, a nonprofit is spearheading the revival of multi-day walks to reconnect with nature and and visit historic sites.

09/04/2023

Three steps may make a difference if you find yourself suddenly single.

Have you found yourself suddenly single? Here are 3 steps to take right now.

09/04/2023

This , let’s celebrate every kind of work that adds value to our lives, strengthens our families, and drives our economy forward.

Whether it’s starting a business, advancing in our careers, or caring for our loved ones, each “job” deserves a round of applause. 👏

And as we enjoy our well-deserved day off, it’s also an excellent time to reflect on the importance of our financial well-being.

After all, it’s the hard-earned results of our labor that we’re all striving to protect and grow.

We should reflect not only on the effort we put into our work but also on managing what we earn to pursue the financial goals we’ve set for ourselves and our families.

So, let’s celebrate our hard work—in all its forms!

What are you doing on your day off??? ⬇️

09/02/2023

Eye-opening yet true:

About 62% of parents are not saving adequately for their child’s college education.

A mere 56% of American families have a college savings strategy.

An alarming number of parents—47% of Gen Z and 35% of millennials—are unsure of how much to save or how to go about preparing to save for college.

September—College Savings Month—shines a light on this topic.

The above statistics underscore the need for the strategic knowledge of a financial professional.

My two quick tips:

1) Consider Starting Early: Even small, regular contributions can add up over time.

2) Know Your Choices: Various college savings tools are available. One of them may be a fit for your situation.

Feel free to contact me to explore how preparing for college can fit into your overall financial strategy.

09/01/2023

"Old age is like everything else. To make a success of it, you've got to start young,” observed Teddy Roosevelt.

You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health.