Prospero Wealth, LLC

Are you aware of how arbitrary the rules of index rebalancing are? On June 17, 2024, $AAPL was 22.09% of the S&P Tech Select Sector Index. By June 24, 2024, it was 4.51%. "Changes in portfolio composition this dramatic relative to underlying market movements can happen when arbitrary rules are applied with dogmatic adherence. That’s one of the drawbacks of index fund processes and one that highlights the potential benefit from flexibility in investment decisions." https://lnkd.in/ejrpmSs5

Planning a summer getaway? 🏖️ Don't let scammers ruin your vacation! Protect yourself with these tips: * Secure Your Accounts: Update your passwords regularly and enable two-factor authentication. * Be Cautious Online: Don't click on suspicious links, even if they appear to be from your airline or hotel. * Beware of Social Media Scams: Double-check customer service contacts and be wary of anyone asking for personal information. * Watch Out for Common Travel Scams: Avoid interactions with "friendly" strangers offering bracelets or roses, and be cautious of unsolicited photographers. By staying alert and informed, you can ensure a safe and enjoyable summer vacation. 🧳 #TravelTips #ScamAlert #VacationMode Source: https://lnkd.in/gKYV-c7p

Today, we celebrate Juneteenth, which honors the day in 1865 when the last enslaved African Americans in Texas learned of their freedom, two years after the Emancipation Proclamation. This day serves as a reminder of the resilience and strength of the African American community, while providing an opportunity for all Americans to consider how we can make our society more just and equitable. With that said, we invite you to join us in celebrating and commemorating this important day.

Given that June is Annuity Awareness Month, we thought now would be a great time to share an overview of this investment type, which has grown in popularity in recent years. Swipe for more information ➡️ Have questions? Reach out to us — we’re here to answer your questions.

Some more great insights from our founder Eric Franklin

In honor of Memorial Day, our office will be closed. We will be back to our regular hours starting Tuesday, May 28. We invite you to join us in remembering that Memorial Day is more than just a long weekend. It's a time for us to come together and honor those who have made the ultimate sacrifice for our freedoms. Wishing everyone a safe and meaningful Memorial Day weekend.

Are you making one of these 3 common investing mistakes? https://lnkd.in/gYCBiyfq

Our Q1 newsletter is a deeply personal story from founder, Eric Franklin, and focuses on Prospero Wealth, LLC philosophy which is the foundation of our approach with all our clients. Please let us know what you think and share with others!

On behalf of our entire team, we want to wish all mother figures out there a very Happy Mother's Day! No matter how you celebrate, we hope you have a relaxing and meaningful day surrounded by loved ones.

Check out this great profile on Eric Franklin and our mission here at Prospero Wealth!