The Cornerstone Process
Austin Coley, CFP?, CAP?
Providing private wealth strategies & exit planning to business owners | Money without Purpose is Pointless
Happy Monday!
I hope you enjoy this edition of The Change-up, my weekly newsletter sharing the latest market news and personal finance tips. If you're interested in learning more about working with me, send me a message or click my Calendly link at the bottom.
Please feel free to forward it along to friends!
Quote of the Week
"The person without purpose is like a ship without a rudder" - Thomas Carlyle
The Story
Markets continued their slide on Monday and Tuesday, before bouncing back a touch to finish the week. The 10-year treasury has climbed significantly recently, up almost 0.5% in the last 30 days. After breaching $90 last week, a barrel of West Texas Intermediate crude oil has dropped to the low $80s. This should provide some relief at the pump.?
My View
It feels like we are still in limbo on a number of issues around the world. Some that stand out in particular:
There will always be unanswered questions, but there seems to be more than usual right now.?
But I notice one common theme between all of these questions. We can't control a single one. And while I know that's scary, it can also be freeing.?
I want to encourage you to focus on what you can control. Your habits. Your purpose.? Your plan.?
Does this sound appealing?
Keep reading...
Coming Up This Week
Readers of this newsletter should have picked up on my three main principles of wealth building by now:
1. Money is just a tool to help build a life that is rich in freedom, peace and happiness
2. Financial planning should be customized to your specific goals and objectives
3. We should all work to focus internally rather than externally
Those principles led us to create The Cornerstone Process, which we believe is revolutionary in the financial services industry.?
If you have any desire to align your values, goals and dreams to your financial plan, click the button below to jump to our website and learn more.
Let's have a week!
Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. McCall & Associates is not a registered broker/dealer and is independent of Raymond James Financial Services.
The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate to complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Austin Coley and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.?
The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. The Dow Jones Industrial Average (DJIA), commonly known as "The Dow", is an index representing 30 stocks of companies maintained and reviewed by the editors of the Wall Street Journal. The NASDAQ Composite Index is an unmanaged index of securities traded on the NASDAQ system. Keep in mind that individuals cannot invest directly in any index, and index performance doTes not include transaction costs or other fees, which will affect actual investment performance. Individual investors' results will vary. Past performance does not guarantee future results.?
This is not a recommendation to purchase or sell the stocks of the companies pictured/mentioned.
The 10-year Treasury note is a debt obligation issued by the United States government with a maturity of 10 years upon initial issuance. A 10-year Treasury note pays interest at a fixed rate once every six months and pays the face value to the holder at maturity.
Mortgage rates are determined by a combination of market factors such as overall economic health and personal factors such as your credit score, how you occupy your home and the size of your loan compared to the value of the property you're purchasing.?
Raymond James Financial Services and your Raymond James Financial Advisors do not solicit or offer residential mortgage products and are unable to accept any residential mortgage?loan applications or to offer or negotiate terms of any such loan. You will be referred to a qualified Raymond James Bank employee for your residential mortgage lending needs. Raymond James Financial Services, Inc. does not provide advice on mortgages.?
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP?, CERTIFIED FINANCIAL PLANNER?, and CFP? (with plaque design in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements.?
Every investor’s situation is unique and you should consider your investment goals, risk tolerance, and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your situation.
U.S. government bonds and Treasury bills are guaranteed by the U.S. government and, if held to maturity, offer a fixed rate of return and guaranteed principal value. U.S. government bonds are issued and guaranteed as to timely payment of principal and interest by the federal government. Treasury bills are certificates reflecting short-term (less than one year) obligations of the U.S. government.
You should discuss any tax or legal matters with the appropriate professional.