Your Money Matters: Q3 2024

Welcome to the latest edition of Money Matters from Kramer Wealth Managers! We’re thrilled to share the latest insights and updates from this past quarter, designed to keep you informed on your financial journey. Let’s dive in and envision your future together.

In Q3 2024, the stock market saw solid gains, with the Dow up over 8% and the S&P 500 rising 5.5%. Despite initial volatility from disappointing economic reports and global market concerns, stocks rallied after the Fed announced a 0.5% cut in short-term rates—the first reduction in four years. As we look to October, focus will shift to the housing market, where declining mortgage rates may encourage homeowners to make moves. For a deeper dive into these insights, read the full blog and watch the full video!

In Case You Missed It…

Here are some of our recent social media posts:

We shared the credentials of the Kramer Wealth Managers team, showcasing our industry experience.
Managing Partner Dave Frank, known as Coach Dave on the track, traveled to Paris to be a Team Lead/Head Coach for the US Deaflympics Track and Field team!
The latest in our Financial Mythbuster series, where we debunk common financial myths and explain the facts.

There’s more! Follow us on Instagram at @kramerwealth and be sure you’re also connected with us on Facebook and LinkedIn.

Featured Blog: US Presidential Elections and Investments: Focus on the Long Haul

Are you concerned about how the upcoming election might affect your investments? Our latest blog post breaks down the myths and realities of election-year market performance. Learn why staying focused on your long-term goals is key, and how a well-diversified portfolio can help you navigate the uncertainty. Don’t let election noise derail your financial strategy—stay informed and on track!

And don’t miss our September blog post on the benefits of working with a financial advisor for your journey to financial freedom.

News and Events

Stephanie Summers featured by IARFC

Financial Advisor Stephanie was spotlighted in the Summer 2024 Member Focus, featured in The Register published by the International Association of Registered Financial Consultants.

Osaic Women’s Advisory Board Meeting

Our Operations Manager, Lisa Dewing, travelled to Phoenix in September to attend the Osaic Women’s Advisory Board Retreat as one of the Board’s newest members. This Board represents the over 3,000 female financial professionals affiliated with the Osaic Broker/Dealer network. It’s priorities center around developing programming to increase engagement and opportunities for female financial professionals.

Osaic ConnectEd National Conference

The team is headed to Orlando, October 27-30! In town for the National Conference hosted by Osaic, we will bring back updates on industry trends, share best practices, and explore innovative solutions in financial services.

ASL Glossary: Rollover

The process of moving funds from one qualified retirement account to another without incurring tax liability. Rollovers could include from one employer-sponsored retirement plan to another or from an employer-sponsored retirement plan to an Individual Retirement Account (IRA).

Visit our ASL Library to learn about other finance terms in ASL!

Envision Your Future with Kramer Wealth Managers! Stay up-to-date with our recent blog posts and resources and follow us on social media for more updates and tips.

Your Money Matters: Q3 2024