Echo45 Advisors

Echo45 Advisors LLC is a Registered Investment Adviser. Registration does not imply any level of skill or training.This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Echo45 Advisors LLC and its representatives are properly licensed or exempt from licensure. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Echo45 Advisors LLC unless a client service agreement is in place.

With the election now behind us, attention has shifted to the next administration’s cabinet nominations and policy proposals. The large and ever-growing national debt will only rise in importance, including the complex ways it impacts the economy and markets. How can investors put government spending in perspective and stay focused on what drives markets in the long run? Read this full post and previous posts at?https://lnkd.in/gFcWpX6E

While the political world will focus on the election for some time, financial markets have already shifted their attention to the next administration’s policies, Federal Reserve rate cuts, and the underlying economy. In the remainder of the week following election day, the S&P 500 gained 3.7%, the Dow 4.2%, and the Russell 2000 index of small cap stocks surged 6.1%. Bitcoin also rose above $80,000 for the first time. Even though this sudden jump in markets is positive for portfolios, it’s always important to stay disciplined by maintaining a long-term perspective and focusing on fundamentals. Putting politics aside, chances are that the next administration will inherit strong economic tailwinds. While it’s clear that voters struggled with inflation over the past few years, rising prices were the result of both supply chain disruptions during the pandemic and the significant government stimulus that followed. These shocks to the system have faded as inflation has fallen back toward 2%, prompting the Fed to cut rates, which supports the economy. Read this full post and previous posts at?https://lnkd.in/gFcWpX6E

An important yet counter-intuitive issue for investors is that long-term interest rates have risen in recent weeks despite the Fed’s latest cuts. The 10-year U.S. Treasury yield, for instance, has jumped from a low of 3.62% to as high as 4.38%. This is due to strong economic data and inflation expectations around the election, both of which push longer-term rates higher. At the same time, rates have swung in either direction for much of the past few years, often without notice. Looking ahead, how might uncertainty around interest rates impact investors? Read this full post and previous posts at?https://lnkd.in/gFcWpX6E

Happy Halloween ??! Hope you enjoy the festivities as much as we do! ??Emmie, our founder, Jon and Director of Marketing, Monica’s daughter and some of ?her Halloween Looks - more not pictured!

Have you had intergenerational discussions about money recently? ?? I’m seeing this issue come up more often with clients young and old. ?? Older clients want to figure out a way to help their adult children or they may need help from them as they age. ?? Younger clients are in the dark about their parents’ finances, hesitant to bring the subject up, and shocked when they find out. It’s important to have these conversations. Only by getting the facts out in the open can all parties assess the situation. ?? Transferring money now could make an outsized impact on the younger generation’s finances. ???Older generations need to make sure they do not negatively affect their own retirement. If you don’t talk about it, life can happen quickly and then there’s no time to proactively plan. It can be hard to address your own mortality or that of your parents. ? Estate Planning – completing proper estate planning ensures that your wishes are followed, and your estate can be smoothly settled. ? Tax Planning – understand the tax impacts of transferring property or assets prior to or after death so that there are no unintended consequences. ? Insurance Planning – know about life insurance, long-term care insurance and rules for Medicare, so you understand the resources that may or may not be available. Please, start the conversation now. Echo45 Advisors #financialplanning

As citizens, voters, and taxpayers, the result of this election could have important implications for our everyday lives. However, putting political preferences aside, this is not necessarily true when it comes to your portfolio. In fact, history shows that the markets and economy tend?to impact the result of elections, and not the other way around. Thus, it’s important to vote at the ballot box and not with our hard-earned savings. How can investors maintain perspective in the weeks to come? Read this full post and previous posts at?https://lnkd.in/gFcWpX6E

For those in or approaching retirement age, there is nothing more important than building a portfolio that can support a long, fulfilling retirement. Given the difficult inflationary conditions of the past few years, the risk that worries most retirees continues to be outliving their savings. Until recently, the market and economic environment presented classic challenges to retirement planning, including high inflation rates and volatile financial markets. While stocks have rebounded to new all-time highs, and bond yields remain above historical averages, retirees may still be concerned about whether their portfolios will keep pace. Many of these concerns stem from uncertainties such as the presidential election, Fed rate cuts, market valuations, and more. While we can’t control these events, we can control our own behavior. History shows that constructing and following a sound financial plan that can adjust to changing conditions, along with proper financial guidance, is still the best way to minimize retirement risks. How can retirees continue to maintain peace of mind and their quality of life in today's challenging environment? Read this full post and previous posts at?https://lnkd.in/gFcWpX6E

Decision fatigue is a thing. Especially when dealing with personal finances. ?? I had a couple of great conversations with clients last week that have stuck with me. They are smart, accomplished, women. They make important decisions all day long in their work lives. But in their personal finances? They feel overwhelmed. I’ve realized that part of my role as their advisor is to just tell them what I recommend and help them implement it. ?? Don’t get me wrong. I prepare the pros and cons. I run scenarios. I educate. But at the end of the day, some situations call for an answer that doesn’t require them to make a decision. The longer I am in this profession, the more comfortable I am giving that answer. It’s my job to help protect their brain power and time for when it’s really important for them to decide. Here’s how you help yourself: ?? Automate – direct deposit, bill pay, savings, budget tracking ?? Simplify – fewer random accounts, fewer institutions, prioritize ?? Hire someone you trust to tell you what to do Echo45 Advisors #financialplanning

Although markets have performed well this year, some investors may be nervous about upcoming events such as the presidential election, the Fed’s next rate decision, and the state of the economy. Along with the uncertainty of the past few years, it’s no wonder that gold prices have also risen to record levels above $2,600 per ounce. While gold can serve many important purposes, some investors may focus on it as a standalone investment rather than as a component of a well-constructed portfolio. In today’s market environment, what role should gold play in long-term investment and financial plans? Read this full post and previous posts at?https://lnkd.in/gFcWpX6E