Christmas season is upon us, as we can tell from the extended advertisements and specials we’ve seen throughout the last year. Unfortunately for many in the middle class, we’re on a bit of a different trajectory than we may have been the last year. Prices have risen and buying power has been eroded.
Many consumers have planned to reduce spending this season, or keep flat, which is equating to less.
I encourage you all to evaluate what you are planning purchase for gifts, decorations, travel, and other expenses that come along with the holidays. Consider that there may be some good buying opportunities in the market and to continue with regular investments in low cost ETFs and Index Funds, while balancing providing some joy for those that you love.
I hope all had a Happy Thanksgiving!