Beyond Your Finances, Education Planning, Estate & Legacy, Market Commentary, Retirement, Taxes
Year-End Financial Checklist Looking at your year-end financial checklist now allows you and your financial advisor time to review and assess the progress made on goals set at the start of the year, while still having time before the end of the year to make adjustments if needed. With this timeline in mind, here are…
November 2022 PDS Planning Market Commentary The Dow Jones Industrial Average had its best month since 1976 posting a return of 14% during October. Investors were hopeful comments from the Fed indicated a slowdown in inflation was on the way and therefore a slowdown to rate increases. But, as we’ve seen time and time again…
Welcome to our October Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® I Bonds Projection Lowered: Despite inflation remaining elevated and…
October 2022 PDS Planning Market Commentary Volatility has certainly picked up, with 25% of all trading days so far this year experiencing declines of 1% or more. According to Bespoke Investments, the only other post-WWII years with a higher frequency were 1974 (26.6%), 2002 (28.6%), and 2008 (29.6%). Market performance has deviated far from its…
Welcome to our September Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Patagonia: The founder of Patagonia, Yvon Chouinard, gave the…
September 2022 PDS Planning Market Commentary With Labor Day passing, it brings pool season and the 2022 summer to an unofficial close. However, it also means football season is here! College football dominated the sports world with games from Thursday through Monday this past weekend and the NFL will follow up with their Rams vs.…
Beyond Your Finances, Market Commentary
Why Planning Matters by Jamie Menges CFP®, CPA Shareholder, Wealth Manager “True wealth is wanting what you already have.” After hearing this statement the other day, I have been thinking a lot about what it means and engaging clients in conversations about it every day. I keep unpacking it from multiple angles. Is it suggesting…
August 2022 PDS Planning Market Commentary The dog days of summer are upon us, which means it’s probably hot and humid, teachers and students are getting ready for the new school year, and investors are historically treading water. Since 1980, the S&P 500 during the month of August has proven to be a lackluster month,…
Welcome to our July Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Even More Inflation: June 2022 consumer prices came in…
July 2022 PDS Planning Market Commentary We’ve made it to the halfway mark and only two asset classes have posted a positive return – commodities and cash. But the case can be made cash is only positive on paper since yields are well below the current inflation measures. It’s easy to see the markets and…
Welcome to our June Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Gas Prices: The average price of gas in the…
June 2022 PDS Planning Market Commentary JPMorgan Chase CEO, Jamie Dimon, captured many headlines last week when he said “you’d better brace yourself for an upcoming hurricane.” He continued that “right now, it’s kind of sunny, things are doing fine, and everyone thinks the Fed can handle this. That hurricane is right out there, down…
Welcome to our May Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Warning – Bear Territory: The Nasdaq index, primarily made…
May 2022 PDS Planning Market Commentary Inflation continues to spread throughout the entire economy and puts many, especially lower income citizens, in a difficult position. The most recent inflation data suggested an 8.5% increase compared to a year ago, which marks the highest inflation levels since the 1980’s. The core CPI, which excludes the more…
Welcome to our April Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. By Drew Potosky, CFP® Germany 2 Year: For the first time since 2014,…
