January 2021

Happy New Year! In the January 2021 Update, you will find:

“Goodbye 2020” Blog Post “It’s Never Too Late” Blog Post
In the News and Updates
Article: Watch Out for Coronavirus Scams

"Goodbye 2020"

I think most of us can say that 2020 was a year unlike any other they have experienced. With all of the events that have unfolded this year, I found it difficult to find the words to write in this blog. I normally like to write about something that’s upbeat and inspiring, especially at the beginning of a new year, but I didn’t want to appear tone-deaf and ignore what’s currently happening in our world. Instead, I thought I would share a word cloud that summarizes the year. Each word likely will have a different meaning for everyone being we have not all been affected by the year’s events in the same way. Goodbye 2020.

Watch Out for Coronavirus Scams

Fraudsters and scam artists are always looking for new ways to prey on consumers. Now they are using the same tactics to take advantage of consumers’ heightened financial and health concerns over the coronavirus pandemic. Here are some of the more prevalent coronavirus scams that consumers need to watch out for. Please note that the stimulus payments mentioned in the article pertain to the first round of stimulus given at the beginning of the pandemic.

Click here to read the article, Watch Out for Coronavirus Scams.

Should You Be Concerned About Inflation?

If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. You have likely seen price increases in some of the goods and services you purchase, and if so, it’s natural to be concerned.

The larger question is whether these price increases are temporary, or whether they indicate a fundamental imbalance that could cause widespread long-term inflation and hold back economic growth. To read the article, click here.

I hope you enjoyed the newsletter. Please email me at cindy@fairtrustfinancial.com with any questions you have regarding planning for your future.  

Thank you! Cindy Turkington, CFP®, CDFA™ 

Mailing Address:855 Village Center Drive, #360 North Oaks, MN 55127





“Hope is being able to see that there is light despite all of the darkness.”  - Desmond Tutu