We are passionate about Planning & Wealth, and talk a lot about it – get to know us through our weekly “Random Gleanings”
Tax Planning: Let's Get Started NOW!
The episode this week is short and sweet, but includes A MUST DO ACTION ITEM… Let’s Tax Plan! Sure, tax day has just passed, and with that now past thinking more about taxes may be the last thing you want to do. But, Chris Beard & Jesse Hansford encourage that now is the time! Whether it be that you have your newly filed 1040 readily available to share, or the tax bill caused you enough heartache that you’d like to strategize for a potentially better outcome next year, getting started now ensures that the time to execute or distractions of year-end holidays don’t keep you from finding any advantage available to you for 2024 and then getting it done.
With PP&W’s commitment to adding value we made a recent investment into an expert level tax planning tool to increase the efficiency of this sort of review and planning. With this efficiency we are encouraging all clients (and friends/family of clients who aren’t getting this service elsewhere) to share your 2023 tax return to help you find every advantage the tax code offers you to improve your tax outcomes now and/or in the future.
CHAPTERS:
0:00 –Tax Planning, Give Yourself Some Runway
1:05 – Let’s Examine Your 2023 Return
1:52 – Tax Brackets Now vs Past
3:42 – Benefits of Tax Planning
7:55 – Recommendations
8:25 – Share Your Return for Tax Planning!
#tax #taxstrategy #taxplanning #taxplanningstrategies #wealthplanning #planning
REFLATION: Indicators Showing Inflation on the Rise Again
This week’s episode of Random Gleanings Jesse & Chris tackle topics covering the current Bull Market and reasons it can continue or even why it would be healthy if the continuation comes by way of a rotation in leadership technology to other sectors of the economy. They also discuss the disconnect between news reports of lower inflation doesn’t compute for anyone who needs to buy groceries (ie EVERYONE). The inflation talk leads into a discussion of the possibility/likelihood of a REFLATIONARY regime presenting itself and share some thoughts (not advice) on areas of investment that have tended to do better in such an environment.
All opinions expressed by Jesse Hansford and Chris Beard are solely their own opinions and do not reflect the opinion of Professional Planning & Wealth. This podcast is for informational purposes only, and should not be relied upon for any investment decisions. Clients of Professional Planning & Wealth may retain positions in the securities discussed in this podcast. No advice may be rendered without a Professional Planning & Wealth client services agreement in place.
#Reflation #Inflation #CPI #Fed #bullmarket #sectors #energy #emergingmarkets
Chapters:
0:00 – Secular & Cyclical Bull Markets
2:57 – What Happens Next?
4:05 – Leadership Change? Sector Rotation?
5:19 – Inflation Update
7:42- REFLATION Risks?
10:37 – Recommendations & THANKS!
Market Update: Q1 Review – What We've Seen, What to Watch For
This week’s episode offers a look back over a strong first quarter of the year in the markets highlighting some good (stocks) and some not so good (bonds… still!) of the asset classes year-to-date. Beyond the review of what has happened, Jesse & Chris attempt to draw some attention to the positives to hold on to moving forward and raise some signals which may be calling for some prudent caution to manage risks. The guys end, as they try to do, offering a little insight to life away from the stock exchange by sharing what’s been keeping them entertained when away from their computers.
All opinions expressed by Jesse Hansford and Chris Beard are solely their own opinions and do not reflect the opinion of Professional Planning & Wealth. This podcast is for informational purposes only, and should not be relied upon for any investment decisions. Clients of Professional Planning & Wealth may retain positions in the securities discussed in this podcast.
Chapters:
0:00 – Q1 2024 Review
3:14 – A Look at Small Caps
4:16 – Rates Higher For Longer… No Big Deal???
6:19 – Is the Wealth Effect Inflationary?
7:40 – RE-Inflation Signals – PCE, Gas, Precious Metals & Rates
11:10 – Recommendations
12:17 – THANK YOU!
#spx #q1result #market #rates #smallcaptocks #oil #energy #gold #silver #inflation
S&P 500: 100 Day Hot Streak
Whether you’re enjoying March Madness, or are anticipating the Masters, most of us have experienced seeing someone on an amazing hot streak in basketball or golf, only to see the hot streak of shots or putts crash and burn before the end of their game or tournament. Having witnessed enough of these things we can grow suspicious of anything that moves positively in one direction for “too long”. Well… with the stock market in a hot streak of it’s own presently – 100+ days without so much as a 2% pullback – Chris and Jesse explore the history of these rare occurrences. TLDR – Historically speaking, it has not only not been bad, it has been rather good!
Chapters:
0:00 –100 Days, Not Even a 2% Pullback
0:38 – History of Such a Streak
3:05 – Another Reason to Remain Positive
4:03 – Rate Cuts Expected, But Why??
5:21 – History of a Rate Cut at All-Time Highs
7:33 – Recommendations
8:44 – Thank You, Subscribe & Share!!
#SPX #HotStreak #financialplanning #Fed #Rates #Inflation #Stocks #financialplanning
Direct Indexing: Tax Smart Investment Strategy
Random Gleanings this week covers the topic of Direct Indexing as a tax smart investment strategy for dollars invested outside of a specified retirement account (IRA, Roth, 401(k), etc.).
The strategy can be very useful for those seeking:
– Index-like Returns with lower tax liability (to those of an ETF or Mutual Fund index strategy)
– Diversification away from a Concentrated Position (the ownership of an outsized single stock or group of stocks to a more index oriented weighting)
– A tax strategy to help minimize an anticipated large capital gain (selling a long-held business, or real estate investment)
All opinions expressed by Jesse Hansford and Chris Beard are solely their own opinions and do not reflect the opinion of Professional Planning & Wealth. This podcast is for informational purposes only, and should not be relied upon for any investment decisions. Clients of Professional Planning & Wealth may retain positions in the securities discussed in this podcast.
#DirectIndex #CustomIndex #TaxStrategy #Tax #wealthbuilding #indexinvesting
Animal Spirits – The Return of Irrational Exuberant Vibes?
The “Animal Spirits” of positivity and speculation seems to be the mood of the markets presently. Jesse & Chris work to point out some reasons to consider the markets ability to maintain the momentum through the all-time highs and offer some thoughts on how the Fed may be reassessing their strategy in the face of higher and higher asset values.
Chapters:
0:00 – Animal Spirits are Back
1:02 – Nasdaq ATH, What’s Next??
1:51 – Sector Valuations
3:05 – Is this a Bubble?
4:53 – (Corporate) American Exceptionalism?
6:30 – Fed Speak
8:28 – THANKS! Subscribe, Share & Enjoy!!
#animalspirit #bubbles #Sectors #nasdaq #Fed
Strong Economy? Investment Areas Beyond Tech Stocks to Consider
This week on Random Gleanings, Chris & Jesse take a look at parts of the market beyond technology. Despite all the media attention paid to Nvidia and the like, the guys look at some surprising stocks that have done as well or even better over the past six months. In addition to this, there’s a look at some stats on markets during an election year that may serve to help you separate your investments from the hyperbolic news cycle surrounding elections.
We hope you’ll share with us if you have a question or comment from watching our Random Gleanings. Better yet, if you think it would benefit a friend, please pass it along! THANKS!
Chapters:
0:00 – Intro
0:23 – Economic Backdrop
2:18 – Election Year Market History
3:58 – Stocks Beyond Tech
6:20 – A look at Industrials
8:11 – A look at Small-Caps
10:02 – Recommendations
10:46 – THANKS, Subscribe, Share & Like!
All opinions expressed by Jesse Hansford and Chris Beard are solely their own opinions and do not reflect the opinion of Professional Planning & Wealth. This podcast is for informational purposes only, and should not be relied upon for any investment decisions. Clients of Professional Planning & Wealth may retain positions in the securities discussed in this podcast. No advice may be rendered without a Professional Planning & Wealth client services agreement in place.
#CorporateCash #Cash #Corporate #CPI #gdp #Inflation #Buybacks #NVDA #NVIDIA #upstatesc #6040 #smallcapstocks #spx