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Home to personal wealth protection products that keep your money in your pocket!
We have 3 simple rules at Lexington Financial. They are safety 1st, Earn reasonable rates of return over time, and keep everything simple. Why do we believe in this? Because we know history, above all, we know what happened during the previous financial disasters! We don’t want to see people lose their retirement if we can help them avoid it.
Have you had concerns about the market? Then it’s time to reconsider your plan! The page “Knowing Your Money” will show you common retirement pitfalls. It’s never a bad idea to prepare for the worst case scenario!
Call us at 859-967-4663 to schedule a no-obligation review of your retirement plan. We also offer online booking through Calendly!
Market Snapshot, April 2024 - Jason Stelter
In 2023, many household name companies and banks have been posturing for a potential market downturn in the future. Banks in particular have been struggling to keep locations open, and in the past year, there have been over 100 branches of nationally recognized banks that closed their doors permanently.
Inflation is continuing to be an issue for consumers. Increases in utility prices, rent, and food are common, and the increasing cost of living is making it more challenging to make ends meet. U.S Household credit card debt is at an all-time high of 17.5 trillion dollars, and people are taking on more debt in general to meet their previous quality of life.
Although we continue to see indicators showing the poor health of the stock market, the S&P500 is a few points from it’s all time high. Many people are wary that we’re nearing a peak.
