Chicago Private Wealth Group, Powered by LPL Financial

The first tip to navigating an uncertain and volatile market is to understand the ground your standing on financially: https://www.chicagopwg.com/blog/8-tips-for-money-management-in-a-volatile-market

Happy from your team at . We hope you're enjoying the long weekend! As a reminder, our office will be closed today.

63% of financially insecure Americans say high inflation is keeping them from being financially comfortable.

In today's blog, we share practical steps to give back as a small business owner.
https://www.chicagopwg.com/blog/the-power-of-giving-back-as-a-small-business

Federal Reserve Chairman Jerome Powell's recent speech highlights labor market fragilities and policy shifts. Can the Fed manage dual mandate risks?
https://www.chicagopwg.com/blog/its-go-time-for-the-federal-reserve

As scam artists become increasingly sophisticated, it's crucial to educate your child on the importance of safeguarding their personal information online.

https://www.chicagopwg.com/blog/from-piggy-banks-to-bank-accounts-parental-financial-advice-for-college-bo

Today is College Football Kickoff day! What team are you rooting for this season?

Financial Fact Friday

65% of Gen Zers and 74% of millennials say they believe they are starting further behind financially than earlier generations.

What happens after you have maxed out your 401(k) contributions? Read today's blog to find out.
https://www.chicagopwg.com/blog/elevate-your-retirement-savings-what-to-do-after-maxing-out-your-401k

This week we share our thoughts on some of the frequently asked questions from LPL's Focus Conference.
https://www.chicagopwg.com/blog/stock-and-bond-market-faqs-from-the-field

Accessing financial aid is a key strategy for reducing the cost of higher education. Ensure your child fills out FAFSA accurately and on time.

https://www.chicagopwg.com/blog/from-piggy-banks-to-bank-accounts-parental-financial-advice-for-college-bo

Do you have questions about stocks and how they can help your portfolio? Reach out to us today - we'd love to start a conversation: https://www.chicagopwg.com/contact

Read our latest blog where we outline eight vital tips for High Earners Not Rich Yet on money management and investing in a volatile market.

https://www.chicagopwg.com/blog/8-tips-for-money-management-in-a-volatile-market

Pullbacks are the stubbed toe of the stock market. When they occur, they tend to be painful and spark fear over something breaking.

https://www.chicagopwg.com/blog/pullbacks-are-common-but-painful

Encouraging your child to explore internships, networking opportunities, and volunteering can enhance their practical skills and broaden their professional horizons.

https://www.chicagopwg.com/blog/from-piggy-banks-to-bank-accounts-parental-financial-advice-for-college-bo

Explore the benefits of purchasing school supplies in bulk to enjoy savings with reduced per-unit costs.

By applying 'beach day' lessons toward your investment strategies, you'll be well on your way toward a sunny, sandy future.
https://www.chicagopwg.com/blog/beachside-investing-navigating-the-financial-seas

Before the jobs report was released on Friday, we wrote a commentary on the U.S. dollar. In light of the events over the weekend and Monday, we start with some comments on the global stock market selloff.

https://www.chicagopwg.com/blog/thoughts-on-global-selloff-and-the-dollars-path-to-decompressing

If you have good credit, consider adding your child as an authorized user to one of your cards. This will help them to start building their credit history at an early age.

https://www.chicagopwg.com/blog/from-piggy-banks-to-bank-accounts-parental-financial-advice-for-college-bo

Including stocks in an investment portfolio can help diversify risk. While stocks can be volatile, they can also offer higher returns than more conservative investments.

Investors had a healthy appetite for risk so far this year as a so-called potential soft landing has been factored in.
https://www.chicagopwg.com/blog/key-themes-for-the-macroeconomic-landscape-in-the-second-half-of-2024

Consider building an emergency fund with your budget, this allows for room when unexpected expenses arise.
https://www.chicagopwg.com/blog/budgeting-for-summer-expenses

How do you view retirement?

Learn seven key pieces of advice every college student should hear from their parents.
https://www.chicagopwg.com/blog/from-piggy-banks-to-bank-accounts-parental-financial-advice-for-college-bo

The first half of the year was a challenging environment for a lot of fixed income markets, especially higher-quality markets.

https://www.chicagopwg.com/blog/key-themes-for-bonds-in-the-second-half-of-2024

Throughout summer it is important to monitor your spending to ensure you're on track with your budget. Learn more: https://www.chicagopwg.com/blog/budgeting-for-summer-expenses

Focus on paying off accounts with the highest interest rates first. This will help you save money in the long run.

Ready to become a financial power couple? Here are a few tips to guide your joint financial journey.
https://www.chicagopwg.com/blog/united-in-wealth-how-to-become-a-financial-power-couple

Key Themes for Stocks in The Second Half Of 2024

https://www.chicagopwg.com/blog/key-themes-for-stocks-in-the-second-half-of-2024

Comparing prices and looking for the best deals can help you save money. Try looking for discounts and early-bird specials before booking. Learn more: https://www.chicagopwg.com/blog/budgeting-for-summer-expenses