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A Message From Your WH Cornerstone Team
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Hello Friend!
We recognize that the stock market is on many of your minds so we wanted to share a few thoughts. On Tuesday we saw stocks fall sharply after a key August inflation report came in hotter than expected. The drop erased nearly all of the recent rally for stocks, pulling the S&P 500 back toward its early September levels.
The market is betting on further aggressive interest rate hikes by the Fed. The report is one of the last the Fed will see ahead of their Sept. 20-21 meeting, where the central bank is expected to deliver its third consecutive 0.75 percentage point interest rate hike to tamp down inflation.
Our view is inflation is a long-term cancer that needs to be dealt with. While the interest rate hikes may cause a recession, it is needed to stem inflation. We continue to tell our clients to stay the course.
On a different, Paula will also be the guest speaker at the Duxbury Senior Center & Duxbury Free Library's Live Well, Age Well 5-part education series for adults of all ages. She'll be talking about the Gift of Preparedness which includes learning about financial, health, and legal documents that every adult should understand and consider, as well as, thinking about your legacy. Register here to join us on October 11th. Feel free to sign up for the other program days on September 27, October 25 and November 8. Dinner is included.
If you've been thinking about getting a second opinion on your investments or considering a financial plan, reach out now to schedule a time before the fall rush.
Cheers,
p.s. If you missed last month's newsletter, read it here.
Are you subscribed? If you are a widow (or widow supporter), we launched a new monthly electronic publication The Rise Up Journal. We share upcoming events, inspiring quotes, and tips on how to support yourself as a widow or the widow in your life. Click here to subscribe.
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Stay informed with our selection of original blogs, written with you in mind.
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Build your families core values and guiding principles
In addition to improving your family’s Return on Life, writing your family’s guiding principles can be a fun activity that aligns everyone to shared values and goals. To create guiding principles that inspire and endure, follow these four steps.
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Every month, our clients receive our #AtAGlance snapshot with helpful market information in an easy to digest format. We hope you find value too.
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Rise Up: A Widow's Journal
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Look internally with contemplative prompts from Paula's book, Rise Up: A Widow's Journal.
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Chapter 9. The fog has lifted. Your good days outnumber the days filled with unbearable sadness. You are believing in yourself and what you are capable of
accomplishing. Your journey continues step by step. You are ready to move forward.
This month's journaling prompt: How far have I come and grown? As I reflect, I will give myself credit for...
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Each month, Bill contributes to Old Colony Memorial, part of Wicked Local, as a guest writer. Keep up to date with the latest topics he covers.
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Widowhood: Grief has many faces
Grief has many faces. As the widow, you are consumed by the loss of the person, your “Person”, who touched every aspect of your life, leaving a void everywhere you turn, without respite. Indeed, widowhood starts with what’s called the “primary loss” of the person who died.
But it is so much more complex, spiraling outward to trigger countless areas of “secondary loss” resulting from the primary loss. You will find yourself dealing with such losses in no particular order or frequency.
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WHC in the News | What We're Reading
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We're tapped by the media to write for and contribute to a variety of media outlets. Here are our latest contributions and what we are reading.
What the housing market is telling us about the economy
Lewis Howes interviews Jaspreet Singh of the Minority Mindset and CEO of Market Briefs. Learn:
- The difference between what’s happening now and what happened in the 2008 financial crisis.
- How the economy and real estate markets are connected.
- How to use financial education as a tool.
- Why you should live below your means and invest.
Listen here.
6 reasons to rethink early retirement
People who have tried it advise others to think about how they will fill their days and not empty their savings. Read more.
What does leadership mean to you? with Paula Harris on Boomer Being WATD 95.9
Paula Harris discusses what leadership means to her during her latest appearance on Boomer Being WATD 95.9. Listen here.
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WHC in the Community | What We're Supporting
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It's important to all of us at WH Cornerstone to support our community. Here are our latest contributions.
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Plymouth Philharmonic Orchestra
WH Cornerstone Investments is proud to sponsor the Plymouth Philharmonic's 107th season which opens September 24th with music that has won the hearts of audiences from coast to coast, including our favorite--Gershwin's Rhapsody in Blue. Learn more.
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