💸 Money Cheat Sheet: What Just Happened in the Markets?

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April was a tough month for the stock market

In fact, it was the S&P 500’s worst month since 2020. And bonds, which usually move in the opposite direction from stocks (meaning when one goes down the other goes up, and vice-versa), aren’t doing so hot either.

There are a lot of reasons for the current volatility — inflation, war, interest rates. And we know it can be nerve-wracking. But the economy’s not all bad news, and there are good reasons to stay in the investing game. So to start this week’s newsletter off, we’d like to introduce Ellevest Senior Portfolio Manager Ankur Patel, who broke down what’s happening — and what you should do about it — on the Ellevest Magazine.

READ THE ARTICLE

— The Ellevest Team

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Series I bonds are paying 9.62% interest

So … should you buy one? We can’t decide that for you, but we can give you all the info so you can decide for yourself. Here’s what they are, how they work, and what you need to know.

LEARN MORE >

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ICYMI on IG: Setting Boundaries at Work

Last week, Career Coach LaToia Burkley chatted with Brand Marketing Director Alexandra Ramirez about how to set boundaries at work — and know when it’s time to leave.

READ OR WATCH >

$$ win of the week

“An interviewer once bullied me and said I should expect a salary decrease when switching industries. Joke’s on him. My new salary is more than double.”

— Johna, an Elle Raiser from Boise, ID

Hell yeah. 🔥 Use this quick form to tell us about your latest money win!

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Age 65 feel a long way off?

Nowadays, more and more people are planning to retire before that. Come learn how, this Monday.

Things to know, things to read


•	The Federal Reserve just raised interest rates by half a percentage point, the biggest jump in 22 years. (Psst: Here’s what that means for you and your money.)
•	If you need us, we’ll be over here waiting for Biden’s decision on whether to forgive some student loans, which he says will be announced “in the coming weeks.”
•	Peep Ellevest Financial Planner Sofia Figueroa in Who What Wear’s recent article on “nine financial habits to take up if you want to have more money.”
•	This past Tuesday was AAPI Women’s Equal Pay Day. Check out our directory of AAPI women-led businesses to shop from this month (and always!).
•	Here’s a study to add to your arsenal of reproductive justice talking points.

Need a refresher on bonds? Come to our next How Investing Works workshop.

This week’s newsletter was brought to you while adding books on the historical and current state of abortion in America to our TBR lists. Forward it to your friends who advocate for reproductive justice.

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DISCLOSURES

All opinions and views expressed by Ellevest are current as of the date of this writing, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation, or particular needs of any specific person.

Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time.

Banking products and services are provided by Coastal Community Bank (“Coastal”), Member FDIC, pursuant to license by Mastercard International. Your Ellevest Spend and Ellevest Save account deposits will be insured to the regulatory limits by the FDIC through Coastal Community Bank, Member FDIC.

Funds held in your Ellevest investment accounts are not FDIC insured, not guaranteed by Coastal, and may lose value. Ellevest does not guarantee investment performance.

Ellevest Membership fees are as follows: Ellevest Essential is $1 per month, Ellevest Plus is $5 per month, and Ellevest Executive is $9. Other fees as described in Ellevest’s Wrap Fee Program Brochure and the Ellevest Membership Terms and Conditions Agreement will continue to apply.

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💸 Money Cheat Sheet: What Just Happened in the Markets?

April was a tough month for the stock market

Series I bonds are paying 9.62% interest

ICYMI on IG: Setting Boundaries at Work

$$ win of the week

Age 65 feel a long way off?

Things to know, things to read

Need a refresher on bonds? Come to our next How Investing Works workshop.

This week’s newsletter was brought to you while adding books on the historical and current state of abortion in America to our TBR lists. Forward it to your friends who advocate for reproductive justice.

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