What do you need to know about how markets performed last quarter (and what could happen this quarter)?
We broke down what you need to know about markets and the economy into a five-minute read.
Keeping up with markets and the economy is a big part of my job, but I want to share some key takeaways and what I’m watching for in the months ahead.
Go ahead and click here to see how far $1 million could go in retirement these days.
Eric Maldonado, CFP®, MBA
Aquila Wealth Advisors | (805)250-4552 | info@aquilawealth.com
872 Higuera Street, San Luis Obispo, CA 93401
www.aquilawealth.com
If I were still in college, here are 3 ways I'd prepare for a career in financial planning.
Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC
info@aquilawealth.com
Located in San Luis Obispo, CA
https://www.aquilawealth.com/
Contact Us: https://www.aquilawealth.com/contact-us
More spending = higher taxes?
That seems likely with a $2 trillion American Jobs Plan (that could eventually cost trillions more) on the table to bolster America’s crumbling infrastructure and invest in R&D.(1)
What could those tax hikes look like? Let’s consider the possibilities.
Eric Maldonado, CFP®, MBA
Aquila Wealth Advisors | (805)250-4552 | info@aquilawealth.com
872 Higuera Street, San Luis Obispo, CA 93401
www.aquilawealth.com
So, the next (final?) round of stimulus was signed into law by President Biden.
Let’s dive in.
The $1.9 trillion bill called the American Rescue Plan Act of 2021 includes stimulus checks, child tax credits, jobless help, vaccine-distribution money, healthcare subsidies, and aid for struggling restaurants. What’s not inside? A higher minimum wage.
Here are some immediate takeaways:
More stimulus checks are coming: $1,400 checks could be hitting bank accounts and mailboxes this month, going out to adults, children, and adult dependents such as college students and elders. These adult dependents did not qualify for previous payments.
Eric Maldonado, CFP®, MBA
Aquila Wealth Advisors | (805)250-4552 | eric@aquilawealth.com
872 Higuera Street, San Luis Obispo, CA 93401
www.aquilawealth.com
Remember when Marie Kondo took the world by storm with her tidying up routine? Maybe not quite, but let’s roll with it. Her idea is that we can improve our lives by removing clutter and items that no longer “spark joy.”
We can apply similar principles to our financial lives. In this month's Visual Insights Newsletter I've included a 7 point checklist to declutter your financial life.
Joe Biden was inaugurated as our 46th president; here are some of the new policies relevant to personal finance:
Student loan freeze: The Department of Education extended the suspension of federal student loan payments through September 30, 2021, giving borrowers some extra breathing room this year. No interest will accrue during that period, and each month will count toward public service loan forgiveness as well as student loan rehabilitation. Unfortunately, private loans are again excluded from the freeze.1
As you think about where you are and where you want to be, you can quiet the “what ifs” that come with uncertainty by keeping a few key principles in mind.(1)
That’s what this month’s Visual Insights Newsletter is all about.
Find ways to give yourself the power to stay on track and make real progress.
Learn more about setting better goals in uncertain times.
Sincerely,
Eric Maldonado, CFP®, MBA
Aquila Wealth Advisors | (805)250-4552 | eric@aquilawealth.com
872 Higuera Street, San Luis Obispo, CA 93401
www.aquilawealth.com
No doubt we are all eager to leave 2020 in the past. Still, we can take something from the last year and use it to make our lives better in 2021. Those "Life Lessons" are the focus of this month’s Visual Insights Newsletter.
![[Video] 3 Ways to Prepare for a Career in Financial Planning while still in College](https://images.squarespace-cdn.com/content/v1/59dfbea68dd0415bcd1443e4/1618515738445-VEOIDPGN7HF8ROUXF5UC/College+Prep+Aquila+Wealth+Advisors+San+Luis+Obispo+Eric+Maldonado+CFP.png)
