July 2019
Market Update

The July 2019  Market Thoughts Video  is now available on our website. Brad McMillan, Commonwealth's CIO, recaps the market and economic news for June. It was a great month for markets around the world, capping off a strong second quarter. With so many worries about slowing growth, earnings, geopolitics, and trade, why are we seeing such strength? The Fed's more dovish comments at the June meeting had a lot to do with pushing markets up. Plus, the economic data-from retail sales to housing-is solid. Things are actually pretty good. What does this mean for the rest of 2019?

1478 Marsh Road
Pittsford, NY 14534

P:  585-512-8453
F:  585-625-0477

Social Security Trustees Offer Recommendations to Congress
In her latest  Blog, Elizabeth reviews the Social Security and Medicare Board of Trustees annual report on the financial health of those institutions and their recommendations for lawmakers to consider.
Federal Student Loan Interest Rates Decrease for 2019-2020
For the first time in three years, interest rates on federal student loans will decrease for the 2019-2020 academic year.  Find out more information about the lower rates here.
Hidden College Costs

Not all college costs appear on the college bill, which is often limited to tuition and required fees.  But, hidden college costs can add hundreds or thousands of dollars of unanticipated expenses each year. 
How to Browse the Web Securely
Many attackers use your web browser as a gateway into your network, allowing them access to your personal information.  Luckily, protecting yourself could be as simple as a few tweaks to your browsing habits. 
Helpful Tips:
Managing your monthly budget can be difficult and frustrating.  One of the most important aspects of controlling your budget is to determine where your money is going.  The  Home Budget Analysis can help you see where your money is being spent and identify areas for improvement.