Is There A Level Of Trust In The Market For Financial Companies In 2023?

                      Is There A Level Of Trust In The Market For Financial Companies In 2023?
	2023 has already shown signs of gloom and loss from a headline perspective, but what has the stock market shown me for the first weeks? My number one goal is to help hardworking individuals find the advisor and financial planning company that is right for them. The first four days have shown me hope as I study what some of these financial companies are doing. Due to rising inflation rates, the stock market and Wall Street have become accustomed to a bearish, and rather bumpy ride. But, if you are looking to invest in your future, there is value to that. Assuming you are already investing in your companies retirement plan, it is my advice to keep your investment the same for this year. The market is seeing steady rises, but there is risk with future interest rates, layoffs, and recession talk. But, there is gain in investing in the stocks of these financial companies.
   
        My blog focuses strictly on how Wall Street is reacting to what financial companies do. I have had a large interest in investing for years now, but I have decided to put my entire focus on what financial companies are doing.

	My focus this month, and more this entire year, is with Lincoln National Corporation, or ticker symbol $LNC. I will analyze what price targeting will be as well as my predictions for the year. I will include my predictions as well and how I believe Lincoln Financial Group can benefit you. LNC says it best. "Hello Future." A statement that is all too true as the new year rolls out. Unlike other bit capital market groups such as the S&P 500, Dow, and the NASDAQ, Lincoln Financial has already shown much promise. Starting the year at $30.87 a share, there has already been a steady rise daily. Overshadowing talks about inflation and new Coronavirus variants have slowed higher gains, but there are gains to say the least. Wednesday midday has $LNC at $32.08, and has a high of $32.64. I focus on steady gains like this, and I predict LNC to even out around $45.22 a share by midyear. The nation can expect few, but strong interest rate hikes in the near future slowing the gains. To say the least, Lincoln Financial is a great resource for financial retirement security. 
	
	Lincoln financial is a great, family-friendly company that has a primary focus on retirement planning.   The promise of the stock and consistency of the investors should put them on your list when discussing potential retirement accounts. I use certain numbers when looking at financial groups and I rate Lincoln Financial as a 7/10.
  
Quinton S. Young
QSYCapital, LLC.
17 January 2023

Comments

Great Sources For An Optimistic Outlook.

Great Sources For An Optimistic Outlook. If you are new to the world of personal investing, or if you have been around for one year or more, you might be seeing news about the bear market. After one day of bear market news, you might come across bull market news. It can be confusing and there is no denying it! I am going to share some healthy, and refreshing links to try and show where the market is at today, and where it could be headed for the year. I spend most of my time tracking the S&P500, $SPX, but primarily the financial sector of the S&P. I spend a lot of time talking with mentors and other daily investors, and this is the most important source that I use. I never turn away from asking experienced traders questions, and neither should you. A few other sources I use is as follows. I use MarketWatch ( https://www.marketwatch.com) for their AdvancedChart. I don't use market watch for news so much s

Book Of The Week: The Richest Man In Babylon.

Book Of The Week: The Richest Man In Babylon. Personal finance. Important. Personal wealth. Important. Not starving. Also important. For this weeks book of the week, I chose the first true personal finance book I ever read. The Richest Man In Babylon by George Samuel Clason. This book is a true classic, and has been read some two million times. More than likely on the three million side at this point. It has some 36,000 reviews on Amazon, and can be found at most book shops. This is a book about personal wealth, and the laws that come with saving, and growing the money you have earned. The story takes place roughly 4,100 years ago in ancient Babylon. We are introduced to a few characters within the story, but the main character is Arkad. Arkad started his life poor, and was hopefully to become rich. Along his journey he is introduced to the "Seven Cures" and the "Five Laws of Gold". Arkad starts out by completing a t

What Is Happening To Big Banks This Week?

What Is Happening With The S&P500 Finance Sector This Week? End Of The Week Check-In. Good early Friday afternoon. I hope you all have some nice weather where you are. It is snowy, and brisk here. I think the S&P decided to follow suit this week. There was lot's of action this week in the stock market. We saw a few Fed meetings, Q4 releases for household debt, and dividend reports. The S&P500, or $SFX, showed some promise prior to Thursday's late fed meeting. As we approached the midweek, we notice a larger decline for the month as the Fed's meet, and as we see a slowing in economic growth. The S&P500 is down 1.38% for the day, while Lincoln National is down 1.49% on the day. American Express is down 1.51% on the day which is surprising since it has been up 14.40% on the month. We see some changes as we enter the midday of trading on Friday with the S&P500 down 0.28% from open. That is down roughly 0.89% on the week.

Financials For The Future

Search This Blog