Planned Solutions
Planned Solutions
Planned Solutions
PSI Fed Taper - Tantrum Part 2 A Way For Homebuyers To Supplement Their Credit Score
28 minutes Posted Sep 2, 2021 at 7:00 am.
pm shotgun start with a dinner to follow
0:00
28:26
Download MP3
Show notes
On this episode of the Planned Solutions Incorporated Podcast, Recent minutes released from the Federal Reserve show that Fed officials are contemplating reducing the pace of their asset purchases as early as this Fall. This raises the question as to whether the market will engage in a second Taper-Tantrum similar to its negative reaction to Fed tapering in late 2018. However, the economic and financial backdrop is quite different this time around so a Taper-Tantrum could be avoided in aggregate while certain segments of the market may be impacted.
Also, Mortgage lenders in the US may soon be able to use a borrower’s history of making rent payments to help them qualify for a mortgage loan. This may be very helpful for borrowers who otherwise have a limited credit history. It also makes it very important that renters pay their rent on time and do so in a way that is easily trackable and able to be documented.
And, many people who purchased long-term care insurance are receiving notices stating that their premiums will go up, their benefits will be reduced, or both. This can be a real challenge for individuals who are counting on long-term care insurance to offset the cost of care later in life should they need it. Often this decision requires a thorough review of the changes to the long-term care insurance as well as an exploration of the other options available.
Plus a look at the Planned Solutions Incorporated Office Bulletin Board- Book Report: The Psychology of Money, by Morgan Housel
When I wrote my book, Financial Planning Insights, I envisioned a book of short chapters that would give readers insights not just into important financial planning topics but also different ways to think about money and make more informed financial decisions. Morgan Housel’s book, The Psychology of Money, does just that in many ways exceeding my own ability to explain financial decision making and timeless
Don’t forget about the Harlan D. Wood Memorial Cancer Charity Golf Tournament that is scheduled for early September. Please mark your calendars if you will be able to attend.
Date: Friday, September 10th, 2021
Location: Rancho Murieta Country Club – North Course
7000 Alameda Drive
Rancho Murieta, CA 95683
Time:
All profits go to cancer research and education. You can help by attending the tournament or donating. Not golfing? Bring friends and attend the BBQ.
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