GGD Newsletter For September 1, 2022

With housing and food prices still way up, it’s safe to say that inflation and the recession are still going strong. If only we could get the stock market to grow in the same way... On the bright side, at least banks are starting to raise interest rates on savings accounts. Ally bank, for example, is currently offering 1.85% APY on online savings accounts. This is the perfect time to finish building up that emergency fund if you haven’t done so already!

Monthly Financial Update (Full Breakdown):
This month our portfolio experienced some negative movement, to the tune of -2.37%! That brings the value of our portfolio down to 112.7% of our retirement number.

That's it for this month's Newsletter. If you have any questions or would like to suggest a topic for the site, send us an email or comment on a post and we'll be sure to follow up.

As always, stay tuned for more content. We'll keep writing as long as you keep reading. Don't forget to follow us on Instagram, Facebook, and/or Twitter. Talk to you again soon!

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