October 2024 Financial Pulse

October 2024 Financial Pulse

October 02, 2024

BREAST CANCER AWARENESS MONTH

This month you’ll be seeing pink as we work hard to raise awareness of this disease. Our founder Michael Pesendorfer is honored to return as one of the American Cancer Society’s Men Wear Pink ambassadors! He is one of many engaged community leaders fighting to end breast cancer. Every dollar raised helps the American Cancer Society save more lives from breast cancer through early detection and prevention, breakthrough breast cancer discovery and research, and lifesaving patient support.

When breast cancer is detected early, and if adequate diagnosis and treatment are available, there is a good chance that breast cancer can be cured. If detected late however curative treatment is often no longer an option.

We ask that you join us in helping raise awareness and funds to support the American Cancer Society.
Please donate to my Men Wear Pink campaign at the link below:
bit.ly/MPMenWearPink2024

OCTOBER IS ALSO FINANCIAL PLANNING MONTH!

Financial plans allow you to see how you will fare in a variety of economic situations and evaluate whether you are on track

We believe that all individuals and families – no matter their net worth and even before they have assets to invest – can begin to build a plan to manage their financial goals and attain their dreams.

Every single one of our clients has access to a comprehensive financial plan at no additional fee. Our advisors work with you to give you a clear, concise, and personalized financial plan based on your goals, expectations and concerns.


QUARTER IN REVIEW

U.S. Markets

Stocks posted solid gains in the third quarter as investors welcomed the Fed’s decision regarding short-term interest rates.

The Dow Jones Industrial Average, which dipped in Q2, picked up 8.21 percent for the three months. The Standard & Poor’s 500 Index rose 5.53 percent while the tech-heavy Nasdaq Composite gained 2.57 percent as investors rotated away from technology names in favor of other groups.1


1. WSJ.com, September 30, 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, TheLincoln 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. 10/24