Planned Solutions

In this episode of the Planned Solutions Incorporated Podcast, The second-quarter earnings season, in which companies report their results for the second quarter, will be picking up steam soon. The results will likely have a significant impact on stock returns for the remainder of the year as investors assess how companies are dealing with inflation, rising interest rates, and concerns about economic growth. In addition, the number and amount of negative earnings adjustments that are taken this quarter may impact the overall earnings results as they have during past market downturns.

Also, While the major stock indexes were down as much as 20% earlier this year there are several areas of the market where the losses have been much greater. The cryptocurrency area as well as

technology companies that recently went public have experienced losses of 70-80% over the past nine months. However, many mainstream investors did not participate in these investments making their experience much different.

And, The IRS recommends that taxpayers, including those who

are on extension, not wait until the last minute to file their returns. The IRS is already dealing with a large backlog of returns to be processed so the sooner a taxpayer gets their return into the IRS the sooner their refund may be processed. Those who wait until the deadline may end up at “the back of the line” which could lead to a long delay in processing.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Planned Solutions sponsored and Chase and Joel played in a golf tournament in support of the Katie Nues Foundation. The Katie Nues Foundation founded the first clinic to treat children with Rett’s disease on the West Coast located in Oakland, CA. The Foundation continues to fund the clinic’s operations and offer support for families whose children have been diagnosed with Rett’s disease.

Our office construction is complete although we are still unpacking and hanging decorations as we are able to get to it. So, our office is back to its normal function without any significant disruptions to in-office meetings. However, for those who prefer it, we are happy to offer phone and Zoom meetings as well.

Daryl has been accepted into the UC Davis Extension Executive Leadership Program. This program is designed for business leaders in the Sacramento Region who seek to develop leadership skills that will aid them in managing an organization while networking with other leaders from the public, private, and non-profit sectors. Participants must apply to the program and are accepted based on their education, experience, and leadership potential.

Please mark your calendars if you will be able to attend.

Date: Friday, September 9th, 2022

Location: Rancho Murieta Country Club – South Course

7000 Alameda Drive

ancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or

donating. Not golfing? Bring friends and attend the dinner.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

In this episode of the Planned Solutions Incorporated Podcast, increasing oil prices have been a major contributor to the high inflation rates in the US. The increase in oil prices is due to a variety of factors, but the most important may be the oil investment cycle. This is the pattern of increased and decreased investment in new oil supply in response to high or low prices. The lag between when the investment is made and when oil makes it to market often results in large swings in prices as oil and gas companies have attempted, and failed, to accurately forecast market demand.

Also, the mortgage markets appear to be normalizing as the low mortgage rates from the pandemic are now giving way to rates that are more in line with the long-term average. In addition, loan offers are changing their loan standards so that the lending standards are no longer loose, but rather have reverted to a more neutral stance, even as demand for mortgage loans has moderated.

And, The IRS has increased the amount that businesses may deduct for business miles driven during the second half of the year to reflect the increase in gas prices. Therefore, companies may be able to deduct a more significant amount of business miles after June 30 th. This makes it very important that business owners keep accurate records of the business miles driven, and when those miles were driven, as a different tax rate will apply this year depending on the date of travel.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Our office is undergoing a transformation. However, as we work our way through the process our office will be in various states of disrepair until the project is done. We ask for your understanding over the next month as we try to balance our office renovations with our normal business operations.

We often find that during the summer months the number of client meetings scheduled starts to lull as our clients focus on summer vacations and other activities to enjoy the nice weather. However, given the higher-than-average market volatility that we have experienced this year, we want our clients to know that we are available to meet to discuss our outlook for the economy and the financial markets. So, if you are concerned about the economy, financial markets, or your account performance please do not hesitate to give us a phone call or send us an e-mail.

Please mark your calendars if you will be able to attend.

Date: Friday, September 9th, 2022

Location: Rancho Murieta Country Club – South Course

7000 Alameda Drive

ancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or

donating. Not golfing? Bring friends and attend the dinner.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

In this episode of the Planned Solutions Incorporated Podcast, The S&P 500 entered bear market territory (defined as a 20% or greater decline from the previous high) in mid-June. The stock market is now very close to pricing in a recession which on average could be expected to lead to a 27% decline in stock prices. Therefore, even if the US economy were to go into a recession, the stock market may not have much further to fall. On the other hand, should the US economy avoid a recession the stock market may rally due to the current pessimistic outlook.

Also, The motor vehicle industry was hit hard by the COVID pandemic. First, production decreased due to the need for social distancing. Then, supply chain issues disrupted production causing the industry to operate below the pre-COVID levels for most of 2021. However, the motor vehicles and parts production index recovered to its preCOVID levels in April which may help to alleviate price increases.

And, Restricted Stock Units (RSUs)are a valuable source of employee compensation in some industries. However, the taxation

of RSUs as well as the tax withholding rules can cause

some large, unexpected tax bills. Therefore, employees who

receive RSUs should engage in tax planning when the units vest

and become taxable to avoid owing a large amount at tax time

and possibly being subject to tax underpayment penalties.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Please mark your calendars if you will be able to attend.

Date: Friday, September 9th, 2022

Location: Rancho Murieta Country Club – South Course

7000 Alameda Drive

ancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or

donating. Not golfing? Bring friends and attend the dinner.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

In this episode of the Planned Solutions Incorporated Podcast, the inflation breakeven rate is derived by comparing the interest rates paid on nominal Treasury bonds to the rates paid on inflation-protected Treasure bonds. It is a way for economists to gauge the inflation expectations of investors who are investing real money in these markets, as opposed to opinion surveys, making the inflation breakeven rate a historically more accurate gauge of future inflation. Recently this indicator has been falling signaling that inflation in the US may have peaked in the near term.

Also, When 529 plan funds are left over after higher education expenses have been met there are several options for account holders. These include transferring the beneficiary to the next generation, using the 529 plan funds to pay down student loan

balances, or taking a nonqualified distribution from the 529 plan in which the growth in the plan may be subject to income taxes and penalties.

And, Charitable Remainder Trusts (CRTs) can be a valuable tax

planning tool for individuals who own appreciated assets outside of

a retirement plan, want to convert those asset values into an

income stream, and have a desire to donate funds to charity after

their passing. CRTs allow a donor to achieve all of these

goals in a tax-efficient way. In addition, the beneficiary may

benefit from income payments over a specified period or

their lifetime with any remaining assets in the trust at the

beneficiary’s death going to charity.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Identity theft and fraud continue to be all too common. However, several best practices can be used to protect yourself:

1. Be suspicious of unsolicited phone calls, e-mails, and text messages asking you to send money or disclose personal information. If you receive a suspicious call from an individual or institution do not accept it, hang up, and call back using a known contact number.

2. Be cautious when sharing sensitive information and conducting personal or confidential business via e-mail since it can be compromised and used to facilitate identity theft.

3. Do not disclose personal or sensitive information on social media sites, such as birth dates, contact information, and mother's maiden name.

4. Do not verbally disclose or enter confidential information on a laptop or mobile device in public areas where someone could see, hear, or access your information.

5. Verify payment requests you receive by using a known phone number or e-mail.

6. Do not click on links in e-mails unless you have verified with the sender that the e-mail is legitimate.

Please mark your calendars if you will be able to attend.

Date: Friday, September 9th, 2022

Location: Rancho Murieta Country Club – South Course

7000 Alameda Drive

ancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or

donating. Not golfing? Bring friends and attend the dinner.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

In this episode of the Planned Solutions Incorporated Podcast, As high inflation continues to impact households and businesses, the different segments of the economy are pointing fingers at each other. Households blame government policy for overstimulating the economy last Spring, the government blames businesses for price gouging, and businesses blame households citing the low labor force participation rate that is putting upward pressure on wages. The trust is that each segment of the economy will need to do its part to bring down the rate of inflation.

Also, Proponents of virtual currencies have made arguments that these assets would take on the role of other assets, such as gold. The assertion is that virtual currencies would be considered safe assets

that increase in value when financial markets are in turmoil and would also serve as a good hedge against inflation. However, the large decline in the value of virtual currencies this year appears to be

disproving these arguments.

And, Donor Advised Funds (DAF) are valuable tax planning tools

which allows individuals to set money aside to donate to charity

in the future, while claiming the tax deduction in the year the

contribution to the DAF is made. However, too often individuals

forget about these funds after the tax deduction is claimed. It is

important to have an investment and giving strategy for these

accounts in order to manage the money and distribute the funds

overtime to selected charities.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Chase and Daryl attended the Financial Planning Association of Northern California meeting in May to learn about Wallet Activism. The presentation focused on ways that individuals can use their money to create the environmental, social, and governance changes that they would like to see in the world.

Despite the sharp decrease in the COVID numbers, cases continue to be prevalent with two of Planned Solutions’ households being hit this month. We plan to keep the office open as most people have had the chance to be vaccinated and in general the symptoms have been mild. Any infected employees will work from home to avoid further spread, but there is always the risk that someone may be infected and not yet be showing symptoms. We bring this up to make sure our clients are informed when deciding whether to meet in office or over the phone or Zoom.

Please mark your calendars if you will be able to attend.

Date: Friday, September 9th, 2022

Location: Rancho Murieta Country Club – South Course

7000 Alameda Drive

ancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or

donating. Not golfing? Bring friends and attend the dinner.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

In this episode of the Planned Solutions Incorporated Podcast, The stock market is currently testing a key level that could impact the performance of the market over the first six months of 2022. After declining in January, and then falling further in March, the stock market is now testing its lows from March. Should the market rebound in May it may create a double bottom which could be a

positive sign going forward. However, if the market declines further, dipping below the March / April lows, it could mean that another leg down will come before the market finds a bottom.

Also, Series I US Government Savings Bonds are currently offering attractive interest rates. The rates on these bonds are based on the rate of inflation which is currently quite high compared to other interest rates. However, investors should understand the rules surrounding these bonds including the limits on the amount that can be purchased, required holding periods, and the income tax implications.

And, In an effort to uncover untaxed income the IRS is now requiring

more and more companies to issue Form 1099-K to report transactions. This means that more credit card and third-party

networks will be reporting income to taxpayers. In some

cases, this may be taxable income that should have been

reported anyway but in others, it may be payments for personal

expenses, such as a friend reimbursing an individual for

tickets to a concert or sporting event. Therefore, taxpayers may

need to be more cautious when using these payment platforms.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Save the date for the Harlan D. Wood Memorial Cancer Charity Golf Tournament which is scheduled for Friday September 9th, 2022. We hope to build on the strong participation that we

had last year and set a new record in regard to funds raised for cancer charities again this year. The course should be in good shape and the silent auction items will be great again this year. In

addition, we are going to switch things up a bit and play the South Course this year, which plays a little easier but is every bit as good as the North Course for great views and tricky angles to the

greens.

Please mark your calendars if you will be able to attend.

Date: Friday, September 9th, 2022

Location: Rancho Murieta Country Club – South Course

7000 Alameda Drive

ancho Murieta, CA 95683

Time: 12:30 pm shotgun start with a dinner to follow

All profits go to cancer research and education. You can help by attending the tournament or

donating. Not golfing? Bring friends and attend the dinner.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

In this episode of the Planned Solutions Incorporated Podcast, The stock market has taken a hit to start 2022. However, not all areas of the market have suffered equally as the investment themes continue to show signs of shifting to favorable assets that are likely to perform better in a period of high inflation and rising interest rates. For example, value stocks have outperformed growth stocks, dividend-paying stocks have outperformed bonds, and commodities have outperformed stocks.

Also, The US government fiscal deficit has decreased recently as COVID-related spending has waned. However, the damage that COVID did to the finances of the US government is still evident with the national debt now exceeding $30 trillion. Interest on this debt now exceeds $431 billion, or 10.5% of US government revenue, and represents the fourth largest category of US government spending.

And, The US unemployment rate has recovered to its pre-COVID levels. However, it is too early to celebrate the labor market recovery as the employment-to-labor force ratio and the employment-to-population ratio are both still 1% below their pre-pandemic levels. This means there are three million more people not working or looking for work than before the pandemic. Fortunately, there are currently 11 million job openings which well exceeds the 7 million level before the pandemic.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- For those who find that they have become a victim of identity theft, even if it is from an event that was entirely beyond their control, the next question is often: What needs to be done to limit the damage? A good resource on identity theft and the steps that can be taken to report the problem, and recover from a breach of personal data, is the Federal Trade Commission on identity theft: www.identitytheft.gov.

The website includes information on the next steps following the discovery of a fraudulent tax filing, unemployment insurance claim, a breach at an employer or other company that may have exposed an individual’s private data, and other types of identity theft.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

In this episode of the Planned Solutions Incorporated Podcast, The US yield curve, the graphical depiction of US interest rates for different maturities, has inverted between the 2-year and 10-year maturities. Some argue that this signals a slowdown in the rate of US economic growth. However, historically the differential between the 2-year yield and the 10-year yield has been a poor indicator. Meanwhile, the more accurate difference between 3-month Treasury bills and 10-year Treasury bonds continues to signal strong economic growth over at least the next 12 to 18 months.

Also, As the Fed has increased short-term interest rates banks have been slow to respond by raising rates on money markets and CDs. However, US Treasury interest rates have increased so that in many cases they now exceed the yields offered by banks. In addition, Treasury interest is not subject to state incomes taxes making the after-tax yield even more attractive to investors in states with an income tax.

And, Taxpayers who need more time to file their 2021 income tax returns may file for an extension of time to file their returns. The IRS now offers multiple options to file an extension and make any necessary payments. This includes submitting a paper request for an extension of time to file or an electronic request using the IRS Direct Pay website. The IRS Direct Pay website also allows taxpayers to make electronic tax payments should there be an expected amount due.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- The 2021 personal income tax return deadline is right around the corner. Taxpayers have until April 18th to file their personal income tax returns or apply for an extension of time to file. However, an extension of time to file a tax return is not an extension of time to pay any tax that may be due. Therefore, taxpayers should complete as much of their tax return as possible before April 18th to determine if there is likely to be an amount due. If there is a projected balance owed a payment should be made with the request for an extension to file by April 18th. Taxpayers who file for an extension but fail to pay any tax due may be subject to a late payment penalty as well as interest on the amount due up until the date the tax is paid.

Now that tax season is nearing an end, many taxpayers are wondering how long they need to keep their tax records. For most taxpayers, the statute of limitations for the IRS to audit or make changes to their tax return is three years from the due date of the return or the date the return was filed, whichever is longer. Therefore, most taxpayers may destroy their records from the 2018 tax year after April 18th, 2022.

Chase Armer's book- Financial Planning Insights is now available at:

www.amazon.com/Financial-Planning…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

#finance #invest #investment #stocks #inflation #deflation #bonds

In this episode of the Planned Solutions Incorporated Podcast, The Federal Reserve Open Market Committee recently switched gears from its low-interest rate stance to stimulate economic growth and job creation to a higher interest rate stance to combat inflation. This has caused some to predict a period of stagflation where economic growth is slow, and inflation is high. However, most economic data, as well as the Federal Reserve's statement, indicate that the US economy is strong enough to withstand higher interest rates.

Also, Oil prices have experienced extreme levels of volatility in recent weeks with prices increasing 9% in a single day as well as declining 11.5% later in the same week. Some of this price change is undoubtedly caused by the uncertainty surrounding Russia’s invasion of Ukraine, but some of the price volatility is also likely the result of speculators buying and selling oil futures to profit from price changes or hedge other investments.

And, there are certain circumstances where an individual may end up having a tax basis in their IRA. The basis amount is tracked on their income tax returns on Form 8606 and is carried forward from year to year. It is very important to maintain accurate records of this tax basis to determine the amount of any future IRA distributions that will be tax-free. In addition, the tax basis in an IRA can be transferred to the account beneficiaries which may reduce their tax liability as well.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- The war in Ukraine has created another type of war, a ratings war, with even normally reputable news organizations resorting to hyperbole and exaggerated claims in an effort to lure in viewers and readers. This is making it more and more difficult to get access to rational, balanced, and objective analysis about what is going on in Ukraine and the implications that it may have for the global economy. In our last newsletter we referenced a book, Prisoners of Geography, that we feel gives a good explanation of the historical and geographic factors that set the stage for Russia’s invasion of the Ukraine without any of the emotion or sensationalism that has crept into the current news coverage.

Another good resource is the podcast, “Why it Matters,” which is published by the Council on Foreign Relations. They posted an episode on March 2, 2022, titled Perspective on Ukraine, with Richard Hass. The episode is a good summary of the current situation in Ukraine from a US foreign policy perspective.

Chase Armer's book- Financial Planning Insights is now available at:

store.bookbaby.com/book/financial-…anning-insights

www.amazon.com/Financial-Plannin…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

#finance #invest #investment #stocks #inflation #deflation #bonds

On this episode of the Planned Solutions Incorporated Podcast, Many large mutual funds distributed large capital gains in 2021, which has created a tax headache for shareholders who own those investments in taxable (non-retirement) accounts. These distributions are often very frustrating as they differ from year to year and can be challenging, if not impossible, to anticipate ahead of time. Fortunately, there are a number of strategies that investors can use to manage this issue, including favoring Exchange Traded Funds (ETFs), over mutual funds for increased tax efficiency

Also, Most economists expected that the US inflation rate would decrease during the Spring and Summer months. This was largely based on an expectation that the year-over-year increase in oil prices would decrease as the higher prices in the Spring and Summer 2021 are factored in. However, Russia’s invasion of Ukraine and the resulting spike in oil prices now makes it more likely that high inflation rates will persist.

And, The expanded unemployment benefits offered under the economic stimulus bills in 2020 and 2021 made many dependent children eligible to receive unemployment benefits. This has created an issue in some cases because unlike earnings from a job, unemployment benefits are considered unearned income and therefore may be subject to the Kiddie Tax. Under the Kiddie Tax rules, unearned income may not only be taxable but the amount that exceeds certain thresholds may be taxed at the parent’s highest tax rate.

Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Russia’s invasion of Ukraine has many of us asking questions about how this could happen. What are Russia’s motivations? How has history and economics defined the relationship between Ukraine, Russia, and the West? What are the implications for the future? Most of the current media coverage is influenced by current events or the bias of the media outlets. This has caused many clients to ask us how they can get unbiased information and context in order to better understand the current situation and how it may be resolved.

Several years ago, I read a book called Prisoners of Geography which explains how geography has shaped many of the conflicts around the globe. It so happens that the first chapter is on Russia with an emphasis on its relations with its Eastern European neighbors. I strongly recommend the book as an unbiased source of information that is not influenced by current events but rather takes a very long-term, objective view of the conflict. It also shows that many who study geopolitics could see this conflict coming many years in advance, and yet the leaders of Russia, Ukraine, and the West were, unfortunately, unable to avoid armed conflict by ignoring the lessons of history and geography.

Chase Armer's book- Financial Planning Insights is now available at:

store.bookbaby.com/book/financial-…anning-insights

www.amazon.com/Financial-Plannin…1586894022&sr=8-1

To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]

The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action.

Planned Solutions, Inc.

ADDRESS: PHONE:

1130 Iron Point Road, Suite 170 (916) 361-0100

Folsom, CA 95630 (800) 750-2111

E-MAIL: FAX:

[email protected] (916) 361-0191

WEB SITE:

www.PlannedSolutions.com

#finance #invest #investment #stocks #inflation #deflation #bonds