STERLING TOTAL WEALTH SOLUTIONS

January 2023🥂

A new year is on the horizon. Each day that comes presents something new and exciting both for you and the people in your life.

Is this the year you open the door to something new and exciting? Embark on some new travel adventure? Or does the year-to-come mark some other important moment in your life, like a special birthday or anniversary?

Whatever it may be, everyone at Sterling Total Wealth Solutions wishes you a happy new year. We hope you have a wonderful 2023 filled with new possibilities and opportunities, and good times.

Timing Your Retirement

This short video illustrates why knowing when to retire can be a crucial part of your strategy.

Oil Prices Made a

Round Trip in 2022

The financial markets are complex systems. They can move from one event to the next so quickly that it's hard to know what’s driving prices.



For example, look at the roundtrip oil prices in the chart below.

Oil prices surged to over $120 a barrel in the first half of 2022 on concerns over how Russia’s invasion of Ukraine would influence crude supply. But in the second half, oil prices have trended lower as traders feared a global recession might reduce oil demand.

So which one is it? Or is it both? Regardless of what you believe, oil prices made a round trip in roughly 12 months.

The critical takeaway is that markets can be turbulent. One can quickly replace the factors that push prices higher with a new set of characteristics that drive prices lower.



So ask yourself, “Will the talk about a recession be the theme for all of 2023, or will a new storyline replace it at some point?”

Keep in mind that this article is for informational purposes only and is not a replacement for real-life advice. Consult tax, legal, and accounting professionals before modifying your financial strategies as your income changes. This article was written to provide insights into a few related factors you may wish to consider. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG, LLC, is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security. Copyright 2022 FMG Suite.

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What word doesn’t belong in this group: blast, paper, castle, coin, box, storm?

(Click HERE to reveal the answer)

Riddle answers not archived

Sterling Social Media

Introducing our Sterling YouTube Channel. Please watch this video as Michael welcomes you to this new platform. We hope in 2023 this is just one more way we can keep you informed, educated and inspired.

Click HERE if you choose to subscribe to our Sterling YouTube Channel. We will always provide all of our video content right here, each month.

Click here to connect to our other Social Media platforms and always stay in the loop.

Sterling Spotlight

From Sterling Summer Intern to future Business Tycoon!

Please help us congratulate the newest member of the Aggie Class of 2027! Maddie, we are so proud of you! We have loved being at the start of your journey and can't wait to see where it takes you next! Gig 'em!👍

If you stop by our office, you may notice Nicole looking a little bit....different these days. Last year, after very careful consideration, Nicole made the decision to become a surrogate and bless a family who cannot carry a child on their own. Baby boy is due May of this year. We look forward to keeping you updated and completing this journey by her side.

This is a reminder, our offices will be closed Monday, January 16th in observance of Martin Luther King, Jr. Day. If you are at work or enjoying the day off, let's take a moment to reflect on our nation and how we can make it a better place.

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