April 2024 Financial Pulse

April 2024 Financial Pulse

April 04, 2024

April is Financial Literacy Month

Boost Your Financial Expertise

 

This is a great time to improve your understanding of financial principles and practices so you can feel more confident in making informed decisions about your money.

Not knowing how to manage your personal finances can directly affect your income and savings. According to a National Financial Educators Council survey, financial illiteracy cost Americans $1,506 in 2023.1 Improving your financial knowledge can affect everything from retirement savings, credit score, managing debt, and how much you pay in taxes. 

The complexities surrounding investment options, fees, and tax implications can be overwhelming. M3’s advisors are dedicated to providing the resources and information on all the financial planning basics to help you make more informed decisions about your investment needs. We offer resources and planning tools to help you plan for your goals and needs.


Watch Our Financial Literacy Videos

Look through our library of videos on topics about saving, investing, interest, and much more.

And our financial professionals are ALWAYS available to do a complimentary meeting with you. Let us know what financial questions are on your mind!

 CLICK HERE TO WATCH THE VIDEO AND MORE!

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[1] https://www.financialeducatorscouncil.org/financial-illiteracy-costs/

THE MONTH IN BRIEF

Stocks Finish Strong

Markets slipped for the first half of the four-day week as investors took a breather after the prior week’s gain. Conflicting economic news on Monday and Tuesday contributed to the slide. New home sales in February slipped 0.3 percent over the prior month but increased by 5.9 percent from the prior year. Durable goods orders—everything from washing machines to helicopters—rebounded 1.4 percent in February, beating expectations and recouping some of January’s 6.9 percent drop.1,2,3

Stocks rallied on Wednesday, including a fresh record close for the Standard & Poor’s 500. An upward revision to consumer sentiment on Thursday helped the rally along. The markets are closed on Friday when the much-anticipated inflation report called the Personal Consumption and Expenditures (PCE) is released, which could set up a volatile Monday.4


1. The Wall Street Journal, March 28, 2024

2. CNBC.com, March 25, 2024

3. Reuters, March 26, 2024

4. CNBC.com, March 26, 2024

Advisory Services offered through Capital Analysts or Lincoln Investment, Registered Investment Advisers. Securities offered through Lincoln Investment, Broker/Dealer Member FINRA/SIPC. www.lincolninvestment.com M3 Investment Services and the above firms are independent and non-affiliated. Social Security  claiming services are not offered through, nor supervised by, The Lincoln Investment Companies.

S&P 500 Index is an index of 500 of the largest exchange-traded stocks in the US from a broad range of industries whose collective performance mirrors the overall stock market. The Dow Jones Industrial Average is a widely watched index of 30 American stocks thought to represent the pulse of the American economy and markets. Investors cannot invest directly in an index. The NASDAQ is an index that tracks the cumulative results on a market capitalization basis of all stocks trading in the NASDAQ system. Investors cannot invest directly in an index. Past performance is no guarantee of future results. 4/24