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Did you know the average cost of retirement is $951,000? Will you have enough?

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streetauthority.com

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Wed, Sep 4, 2024 11:30 AM

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The Bull Market Starts September on Solid Footing A recent study revealed that the average amount he

The Bull Market Starts September on Solid Footing [StreetAuthority]    From Our Partners  [Did you know the average cost of retirement is $951,000? Will you have enough?]( A recent study revealed that the average amount held in a retirement account today is just $88,400. That means that the typical worker has a $862,600 gap between their actual savings and their retirement. So, you need a strategy that not only gives you income, but that grows that income over the next few years. I built an income strategy to solve the looming issues most retirees face. [This truly is a game-changer for retirement living—watch the presentation here.](   The Bull Market Starts September on Solid Footing By John Persinos  September Skies Funny how that memory Never dies And when that first leaf falls Days turn cold, nights grow long Like an old Sinatra song… For me, the day after Labor Day is a melancholy time that always brings to mind those lyrics from a Brian Setzer tune. But as days turn cold and nights grow long, investors have nothing to feel sad about. The S&P 500 closed out its fourth straight winning month last Friday, ending August with a 2.3% gain for the month. After a steep correction of nearly 10% in early August, stocks rebounded strongly, driven by a resilient economy, accelerating earnings growth, and the Federal Reserve’s expressed readiness to ease monetary policy. Year to date, the S&P 500 is up by 18.4% (as of market close August 30). The S&P 500 and other major indices, including the Dow Jones Industrial Average and NASDAQ, hover at record highs. With inflation nearing target levels, the focus is shifting towards growth for both investors and the Federal Reserve. Despite the Fed’s history of policy missteps, it appears set to embark on a multi-year cycle of rate cuts while economic growth holds firm. Wall Street starts September with the conviction that a rate cut is a done deal. However, high expectations have created a hurdle for technology giants, which lost their leadership role last month. Meanwhile, broadening earnings growth is supporting the comeback of underperforming stocks, as recent market volatility has played to their advantage. Historically, the period leading up to November’s election day is challenging for the stock market. As volatility intensifies, you should capitalize on it. Generally, the start of a rate-cutting cycle benefits stocks, provided the economy isn’t in recession…and a recession is not in the cards. [Read More...](   [Odd pot play could hand you $12,834 – on repeat]( This is completely unlike any pot stock investment you’ve ever seen. When you join this company’s “plan,” you’ll have the chance to collect as much as $12,834. Or more. Over and over again. The payouts are legally obligated to investors thanks to an obscure US. Federal law. As long as they profit, you get paid… and next round of cash could be just days away. Don’t let this opportunity slip by you. [Get the full story behind this massive marijuana profit opportunity - NOW.]( You are receiving this email at {EMAIL}as part of your subscription to StreetAuthority. To ensure that you receive these emails, [please add us to your address book.]( [Terms](   [Privacy](   [Unsubscribe]( ©2024 [[ StreetAuthority ]] [[ 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 ]] All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.

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