As the days grow shorter and autumn rolls in, the smell of pumpkin spice fills the air. Pumpkins, and the spices that often accompany them, have come to symbolize the fall…at least in every coffee shop and grocery store.
This bright orange fruit is from the family that includes zucchini, cucumbers, honeydew melons, cantaloupe, and watermelons (the word “pumpkin” comes to us from the Greek word for “large melon”).
Scientists believe pumpkins originated in North America about 9000 years ago and were an important food source for Native Americans. However, Irish immigrants popularized using pumpkins for Jack-O-Lanterns on Halloween. They found that giant pumpkins were much easier than the turnips or potatoes they had traditionally used to carve scary faces and make lanterns to place in windows or near doors to frighten away wandering evil spirits during the feast of All Hallows’ Eve – observed on October 31.
The tradition has become a Halloween staple. Every year, the US produces around 800 million pounds of pumpkins that are ripe for picking in October.
Markets could use a little “pumpkin spice latte” pick-me-up. Over September, driven by the rate-hiking extravaganza central banks around the globe have engaged in, markets continued a downward trajectory. The S&P 500 accelerated its slide, posting -9.21% for the month and down -23.87% year-to-date.
Articles of Interest
Learning the skills required to become a good investor should be easy. There is plenty of information, decades of evidence, and many willing teachers. Despite this, it is anything but – we only need to look at the consistent and costly mistakes we all make to acknowledge how tough it is. But what makes it quite so difficult?
Many of the choices people make regarding their finances result from unexamined attitudes and beliefs about money, its role in their lives, and how to best employ it in pursuit of one’s life goals.
Are you thinking of retiring soon? Perhaps earlier than you had planned years ago? A potential hurdle could be the incentives set up by the Social Security Administration – they calculate your benefits to reward you for staying in the workforce. But if you want to retire early, you’re not alone.
Whether it’s due to belt-tightening or the promise of federal student loan forgiveness, suddenly, families are paying closer attention to financial aid for college. For the 2023-2024 school year, the FAFSA filing season opened on Oct. 1 — and the sooner families file, the better.
Millions of Americans are now traveling again with the pandemic largely behind us. With travel rapidly recovering, the 2022 holiday season is looking to be extremely busy, with many people flying for the first time in a few years. There are a limited number of flights available … so it is important to book as early as possible for the best prices. Additionally, some days are much better than others to fly when it comes to crowds and cost. This guide will detail how far in advance to book holiday travel as well as the best and worst days to fly for the rest of the year.
Advisory services offered through KCPAG Financial Advisors LLC and insurance services offered through KCPAG Insurance Services LLC, subsidiaries of Kemper Capital Management LLC. Tax services offered through Kemper CPA Group LLP.
Symmetry Partners, LLC, is an investment advisory firm registered with the Securities and Exchange Commission. The firm only transacts business in states where it is properly registered, or excluded or exempt from registration requirements. Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission.
No one should assume that future performance of any specific investment, investment strategy, product, or non- investment related content made reference to directly or indirectly in this newsletter will be profitable. You should not assume any discussion or information contained in this email serves as the receipt of, or as a substitute for, personalized investment advice. Symmetry does not provide tax or legal advice and nothing either stated or implied here should be inferred as providing such advice. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions.
Investors cannot invest directly in an index. Indexes have no fees. Historical performance results for investment indexes do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the occurrence of which would have the effect of decreasing historical performance results. Actual performance for client accounts will differ from index performance.
S&P 500 Index represents the 500 leading U.S. companies, approximately 80% of the total U.S. market capitalization.