September 2024 Update - The Power of Staying Invested, US Federal Debt is Soaring, Social Security Facts

We hope summer is wrapping up well for you. This month’s update covers a variety of topics:

The Power of Staying Invested, Illustrated in Charts from YCharts – The write-up provides good data on how staying invested generated the highest annual returns over the past 25 years, the best performance days occurred during times of market volatility and investors were rewarded by staying invested through COVID-19.

Federal Debt Is Soaring. Here’s Why Trump and Harris Aren’t Talking About It from The Wall Street Journal – This article provides a good lesson on why the federal debt is rising. Both parties are responsible and meaningful changes likely won’t occur soon.

Social Security in Our Time – The one-pager provides facts including the average Social Security monthly benefit, the age at which individuals are entitled to receive their full Social Security benefit, and how much your Social Security benefits will increase each year you delay receiving benefits from age 62 to 70.

These articles have also been uploaded to your eMoney vault/articles folder so you can access them later. 

Now may be a good time to catch up, especially if your circumstances have changed. If so, my scheduling link is: https://calendly.com/bhawes-1/brief_conversation

Sincerely,
 
Bill Hawes, CFA, CFP
President and Chief Investment Officer
Candor Asset Advisors
 
bhawes@candorassetadvisors.com
 
512 522-8501

www.candorassetadvisors.com
 
Disclosures
Investment advisory and financial planning services are offered through Candor Asset Advisors, LLC, a registered investment adviser. Consult your attorney, CPA, real estate, or insurance professional for advice in those areas. Links to third-party articles are for informational/marketing purposes only.