Luongo Wealth Management

09/03/2026

Trending Higher

09/01/2026

Weekly Market Commentary | The Cash Flow Case for Value | August 31, 2026
Learn more by checking out this week's Market Commentary.
https://www.luongowealthmanagement.com/weekly-market-commentary

09/01/2026

08/31/2026

This month's chart unpacks where we most commonly go for information. Take a look, and you'll see one source stands out from the rest.

08/28/2026

In the simplest of terms, stock prices are driven by two forces: Earnings The price that investors are willing to pay for those earnings And this year, estimates for the “E” in P/E ratio are trending up. As you can see in the chart,...

08/27/2026

A record number of U.S. adults under 35 are living with their parents, according to a recent Realtor.com study.

In 2025, 25.2 million adults under 35 lived at home, a higher share than during the COVID-19 pandemic.

Many are working, but wages are not always keeping up with the cost of living. Among adults ages 25 to 34 who live at home, roughly 7 in 10 have jobs.

Housing affordability is a major factor. Higher home prices, elevated mortgage rates, rent, student loan payments, car payments, and everyday expenses can make living independently harder to sustain.

For some families, moving back home may be a way to reduce expenses, rebuild savings, or create more breathing room before taking the next step.

The broader takeaway is that financial independence does not always follow a straight timeline. Cost-of-living pressures are reshaping what adulthood, housing, and household decisions look like for many families.


Source:

One woman in her mid-30s said her $60,000 annual income wasn't enough to cover all her bills after a breakup, leading her to move back home.

08/26/2026

Wildfire smoke can travel far from the flames, creating poor air quality in communities many miles away.

Experts say one of the biggest risks comes from tiny particles in the air, which can contribute to short-term and chronic health issues.

When smoke levels are high, health officials recommend staying indoors and taking steps to keep indoor air as clean as possible.

If you have central air conditioning, use the highest level of filtration your system can handle. Filters rated MERV 13 or higher are ideal, and setting the system to recirculate can help limit outside air.

A portable HEPA air filter can also help. If you only have one, consider using it to create a “clean room” where you can spend most of your time.

Experts also recommend sealing gaps where smoky air can enter and avoiding sources of indoor combustion, including candles, fireplaces, and gas stoves.

Wildfire smoke can cause symptoms such as shortness of breath, chest tightness, headaches, and burning eyes or nose. Anyone wheezing, struggling to breathe, or in distress should seek emergency care.


Source:

When the air is smoky from burning wildfires, health experts say to stay indoors. But there are steps you should take to keep the air clean inside your home.

08/25/2026

Weekly Market Commentary | Stock Market
Tug Of War: Earnings Vs. Rates | August 24,
2026
Learn more by checking out this week's Market Commentary.
https://www.luongowealthmanagement.com/weekly-market-commentary

08/24/2026

For many homeowners, the biggest weather risk may no longer be hurricanes.

New research from First Street found that severe convective storms, including tornadoes, hail, and damaging winds, have become the costliest insured natural disasters worldwide.

In 2025, these storms accounted for one-third of global natural disaster economic losses. Insured and uninsured losses totaled $82 billion, with $68 billion concentrated in the U.S.

Hail is the biggest driver of insurance payouts within this category, followed by severe winds.

These storms tend to move quickly, but they can cause widespread damage to homes, cars, businesses, and infrastructure.

For homeowners, the growing cost of severe weather can show up in more than repairs. It may also affect insurance premiums, property maintenance, emergency savings, and long-term housing costs.

As weather risks shift, it can be worth reviewing coverage, deductibles, and how prepared your household is for unexpected property damage.


Source:

Severe "convective" storms account for roughly a third of global natural disaster economic losses, a new study finds.

08/21/2026

Most grandparents want to be part of the grandchildren’s life, but for years they were told to stay on the sidelines when it came to helping with college costs. Money from a grandparent-owned 529 college savings plan could count as...