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What is FDIC Insurance Anyways?

Submitted by Sound Foundation Wealth Advisors on May 15th, 2023

The news cycle shifts rapidly as news breaks and attention spans dwindle, but a reoccurring theme over the last few months has been FDIC Insurance. Much has been made to do about Silicon Valley Bank and others running low on funds, but there really isn't anything to fear from a consumer standpoint about your hard-earned cash going away with the bank.

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M2 Money Supply and Inflation

Submitted by Sound Foundation Wealth Advisors on May 8th, 2023

Money supply refers to the amount of money in circulation in an economy at a given time. It includes all the physical currency and coins in circulation, as well as bank deposits and other types of liquid assets. The money supply can be classified into different categories, based on the degree of liquidity and accessibility of the assets included.

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Explaining Interest Rates to a Middle Schooler

Submitted by Sound Foundation Wealth Advisors on April 25th, 2023

The Federal Reserve, or "the Fed," is the central bank of the United States. One of its primary goals is to maintain price stability, which means keeping inflation at a moderate and stable rate. To achieve this, the Fed uses various tools, including adjusting interest rates. In this post, we'll explore how increasing interest rates can help with inflation.

 

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Financial Capability Beyond April

Submitted by Sound Foundation Wealth Advisors on April 24th, 2023

April is Financial Capability Month, an initiative that started in 2004 as “Financial Literacy” and has evolved over the last 20 years.

The rebrand reflects a trend of taking a more active approach to finances and a focus on having more control over decision-making as you move through your financial journey.

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How Do You Create Lasting Wealth?

Submitted by Sound Foundation Wealth Advisors on March 24th, 2023

 

For most people, steady, ongoing work is the foundation of their wealth. Career success and a good salary, or building and growing your own business, is the means to a lifestyle you enjoy now and the promise of a stable financial future.

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March Madness: Non-Basketball Edition

Submitted by Sound Foundation Wealth Advisors on March 21st, 2023

 

The monthly Fed/CPI/Employment headline-market movement industrial complex was rudely shouldered aside in the last week by a much bigger and faster-moving story.

While the fallout from bank failures will take a while to unravel, and the impact on markets will likely be ongoing, the bigger picture wraps right back to the Federal Reserve.

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March Madness: Are Rate Hikes Working?

Submitted by Sound Foundation Wealth Advisors on March 13th, 2023

 

February Recap and March Outlook

If there’s an aphorism for February that you could embroider on a pillow, it would be, “The more things change, the more they remain the same.” Markets appear to have finally started taking Federal Reserve Chairman Jerome Powell’s warnings seriously and caught up to the rhetoric that the Fed has been consist

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Is It Time for an Umbrella Policy?

Submitted by Sound Foundation Wealth Advisors on February 28th, 2023

 

Increasing the personal liability coverage limits on your auto and homeowners insurance as your income grows is a smart move. But there are limits to how much personal liability insurers will cover as a part of these asset-specific policies. That’s where an umbrella policy comes in.

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February Market Commentary

Submitted by Sound Foundation Wealth Advisors on February 6th, 2023

January Recap and February Outlook

 

The market adage is “as January goes, so goes the year.” Is it true? According to an analysis by Fidelity, January returns are positive about 75% of the time the full year turns out positive.

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Avoiding the Big Retirement Risks

Submitted by Sound Foundation Wealth Advisors on February 1st, 2023

 

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