Hello and Welcome to our June 2019 Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast format as well as Video!
June – 2019 Video
Break In:
The Perot Museum Thursday November 14th, 2019 from 6:30 to 9 PM for a fun filled event!
Newbies –
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!
Financial Planning Tip (s) –
Password Safe Keeping Idea and 1 Minute Video
After attending a conference that mentioned multiple times the troubles associated with Digital Assets AKA your passwords, a brain storming session led to this terrific post about how to safeguard your password, upload to the private portion of your Vault, password your document, and then refresh occasionally. A possible Excel file with links that is itself heavily/strong password protected!
We even completed a video and added it to our Video page on our main website here!
Capital Market Comments –
FOMC Pre and Post Meeting Update
Here in the Preview meeting post and with Robert Kaplan audio (below) explaining how he and the FOMC (Federal Open Market Committee) go about determining what to do with rates, we also mentioned many expecting a LOWERING of rates….just a few quarters ago, unthinkable.
Here is the Kaplan Audio:
MP3 File
Wave File
Post meeting Market Participants…
Fast forward to our Post Meeting Post here , and while we did not get a lowering of rates, the great consensus feel like the following quote signaled they are coming all garnered from this statement and supported by the lowered GDP expectations – chart below:
“…. but uncertainties about this outlook have increased…”
For a sleepy time of the year, there is a lot going on – That’s what we are here for!
Have a Great Day – Talk to you at the end of July!
John A. Kvale CFA, CFP