Dear Friends and Family,

October was the strongest month in 20 years for equities. This is why we stay invested for the long term.

Concerns remain about EU debt, budget debates in Congress, and consumer confidence. Yet strong earnings continue to support equity markets.

Housing: A revamped Home Affordable Refinance Program now includes homeowners who owe more than 125% of home value. This opens refinance access to thousands.

Social Security: Thinking of taking benefits at 62? It could cost you long-term. Visit Fidelity’s guide at https://guidance.fidelity.com/viewpoints-workplace/social-security-at-62-2 for insights.

Sincerely,

Katz Family Financial