FINANCIALLY FOCUSED

April 2023 Newsletter

We’re hoping this newsletter is accompanied by some much anticipated sunshine and warmer weather!

Markets have improved through the first quarter. The Fed has their hands full with trying to fight inflation without pushing rates too fast and disrupting the banking sector. We continue to favor high quality stocks/bonds and dividend paying investments at this point.

The recent banking crisis has raised warranted concerns about our financial system. The events over the last few weeks are a primary result of rapid interest rate hikes combined with internal mismanagement at a few select institutions. The Federal Reserve and Treasury have expressed willingness to support the financial system, if necessary, while maintaining the headline goal of taming inflation by continuing to hike interest rates.

Overall, we do not expect a repeat of 2008. We also do not expect the Federal Reserve to rapidly change course and become accommodative. Therefore, opportunity lies in fixed income as rates remain high, emerging markets, and quality equities that remain below multi year highs.

We continue to monitor and make adjustments we see fit within the portfolios.

Expect a call from either Makayla or Jenn to schedule reviews, but please reach out if you’d like to get together either in person or via the phone.

Swenson Wealth Team

Travis, Brady, Mark, Makayla, & Jenn

How To Be Content in Retirement

When envisioning your future retirement, it’s easy to focus almost entirely on the big things like your budget and cash flow, where you’re going to live, your healthcare strategy, and what you intend to leave behind for your loved ones. But while those things are certainly important, you should also weigh some of the lesser discussed elements that could make your retirement a happier one.

An AARP article, 10 Secrets of a Happy Retirement, has some interesting and hopefully useful information that I’m excited to share today. If you’d like to review the article yourself, it’s available at aarp.org.

Read More

Broccoli Grilled Cheese

Calling all cheese-pull lovers! This grilled cheese has not one, but two kinds of melty cheese. Fontina's creamy and mild flavor is balanced by sharp, bold cheddar. Together, this is the perfect duo to envelop the lemon-garlic broccoli filling.
 

Get Cooking!

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Investment advisory services offered through Alternative Investment Advisors, LLC. (AIA), an SEC Registered Investment Advisor. AIA and its advisors do not render tax, legal or accounting advice. Fixed insurance products and services are offered through Swenson Wealth Management. Swenson Wealth Management is not a registered investment advisor and is not a subsidiary or affiliate of Alternative Investment Advisors, LLC. Swenson Wealth Management and their individually licensed and appointed insurance agents, and AIA are not affiliated with or endorsed by the Social Security Administration or any government agency.

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