Together with

Hey Future Funders Family, happy Monday!

First a big thank you to everyone who has taken our survey thus far and entered to with $250!

For those who haven’t taken it yet but still would like a chance to win you can take it here. The winner will be announced on 10/16.

Ok, let’s get to it!

💬 Quote Of The Week

🍽️ The Main Course

Headlines That Matter

Losing Their Heads

🚀 What’s happening: Why is it that unlike hardworking American families, the government can just waste money each year and not skip a beat? The answer lies in the U.S. dollar’s status as the world’s reserve currency. In this week’s Main Course we’ll explain further (without making your eyes glaze over!) so you can discuss this important topic with your own family.

👪 Closer to home: We’ll talk about how to avoid wasting money in your brokerage account by giving you 5 common mistakes people make, share some helpful tips you can use about how to budget and save, and finally empower every family to realize the way we all spend money each day is a vote in shaping the lives we want to live.

Dinner Discussion ❓

No peeking! Answer is below.

Dining Together With Masterworks

A piece of art got investors 32% returns? Mm-hmm, sure. So, what’s the catch?

We know it may sound too good to be true. But it’s not only possible, it’s happening—and thousands of investors are smiling all the way to the bank, thanks to the fine-art investing platform Masterworks.

These results aren’t cherry-picking. This is the whole bushel. Masterworks has built a track record of 8 exits, the last 3 realizing 10.4%, 35%, and 13.9% net returns even while financial markets plummeted.

Got your attention yet? Offerings can sell out in just minutes but Dinner Table Discussion readers can skip the waitlist with this exclusive link or just click the button below.

“Net Return" refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the date the sale is consummated. IRR may not be indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. See important Regulation A disclosures at masterworks.com/cd.

🥘 The Side Dishes

Money Trends To Know

🏦 Selling a loser can be a good (tax) decision. Every year as we get closer to December 31st there tends to be a period of time where stocks that have done poorly year to date do even worse. The reason for this is something called “tax loss selling” and you should know what it is and how to use it to your advantage.

🛢️ Oil prices are moving higher (again). We are watching the recent rise in oil prices of over 30% with some caution due to their effect on supply chain and transportation costs. If prices continue to stay at current levels or move higher it would be a major negative for the economy.

👪 The research says… A recent study found that this parenting style hurts a child’s confidence and self esteem in the long run. A second study also highlighted the unique effect that dad’s have on their kids (especially in the early years).

📱 Wait…you always have to text before calling now? Not sure what qualifies someone to be an “expert” in cell phone etiquette but the Washington Post apparently does and is telling us how to properly use our phones.  

📈 October should be a good month for the stock market. At least that’s what history would say. Besides this year, since 1961 there have been 10 other times the stock market has been up over +5% year to date and also had a down month of September. Nine out of these 10 times October turned out to be a positive month for stock returns (the one time it wasn’t was 1987 and the Black Monday crash, but let’s ignore that one).

🧈 Costco is selling gold bars. Yep, you read that right. Costco announced that they are now selling actual gold bars. The retailer is hoping those of us planning to store gold bars for the end of the world will also pick up toothpaste in bulk.

🧸 Make money on your stuff. Have some clutter lying around the house but not sure how to sell it? Check out this list of the best resale apps to get you started making some money today. 

 👀 The sky is falling. JP Morgan Chase was in the headlines this past week warning of doom and gloom. First, CEO Jamie Dimon laid out what he thought was the worst case scenario for the economy from here. Then their chief strategist was out telling clients the market looks an awful lot like the disastrous 2008. We aren’t as negative but do pay attention when people like Jamie Dimon talk about the economy.

🇨🇳 Chinese influence in schools or much ado about nothing? The U.S. House of Representatives recently held a hearing around Chinese government backed funding of American public schools. Admittedly it’s hard to tell what the truth is here in between all the partisan bickering, but it’s worth at least bringing the story to our parents so you can decide for yourself.

🚸 Women’s volleyball is turning pro. With two girls at home we are admittedly biased but we loved reading this story about a pro league starting next year after a youth volleyball group recently raised $35 million from investors.

🗓️ The Week Ahead

Dates To Mark On Your Money Calendar…

October 1st

While technically this was yesterday, we felt it was still important to flag as the re-start of student loan payments. For more information on details to know click here.

October 6th

Today we’ll get the September government jobs report (this always comes on the first Friday of the new month).

Wall Street expects to continue to see slowing growth overall and will be watching this report along with the next inflation report on 10/12 to confirm whether the economy is still headed toward a soft landing.

🍨 Dessert

This Week’s Deals And Reads For Families

👞 Cole Haan is offering up to %75% off on men’s shoes for a limited time so act fast!

🏈 The GIST College Sports provides coverage of the Power 5 conferences including game results, rivalry updates, athlete interviews, and more — all in a fun, bite-sized, women-written newsletter. One click subscribe here!

👰 Anyone in the family have a wedding in the near future? Eberjey is offering 10% off on their bridal collection for a limited time.

🧑‍🎓 The Student Loan Planner helps professionals with huge student debt reduce anxiety and make the smartest financial decisions so they can grow wealth fast. Click here to check it out the read for free.

*our goal is to always keep this newsletter free. If you buy or subscribe to something through our newsletter we may earn a small commission, at no added charge to you, in order to help us keep the lights on

Dinner Discussion ❓

Answer: Mutual funds must sell stocks by October 31st of this year to realize a capital gain or loss. If you own a stock that is inexplicably moving lower this month, the reason may be that a mutual fund may be selling it (and this could be an opportunity for you if you have done your homework).

❤️ Invite Your Family

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 Together With Masterworks

Today’s issue was sponsored by Masterworks, the first platform for buying and selling shares representing an investment in iconic artworks. Check them out here.