If you’re having trouble wrapping your head around inflation, you aren’t alone. Many economists are perplexed by the trends these days because it seems like, only yesterday, our country was faced with deflation. The most recent CPI went up compared to predictions, at a record level of 8.3% compared with last year’s figure.1 That much inflation can signal future price changes for us down the line, so this is something to keep your eyes on.
Financial Tidbits Relevant information and articles to improve your financial life. Issue 7 August 12th 2021 Financial Tidbits – Issue 7 Financial Tidbits Relevant information and articles to improve your financial life. Issue 7 August 12th 2021 Message From Your Advisor Summer is quickly passing by. I hope that the year has started well for…
In this month’s recap: Stocks notched a solid gain as investors looked past higher inflation and new COVID-19 cases. Monthly Economic Update August 2021 U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases. The Dow Jones Industrial Average picked up 1.25…
Keep It Simple Stupid (The KISS Principle to Investing) The KISS Principle is something that I’ve grown up having engrained into my head. If you haven’t been hit over the head with it your entire life, KISS stands for Keep It Simple, Stupid. While this motto has served me well with life in general, it…
This month, our financial advisors will cover how to discuss finances with your family, understanding your risk tolerance, PPP loan forgiveness, the psychology of money, low-cost homeschooling ideas and a holiday scam warning.
Improve your financial knowledge with Financial Tidbits by Park Lake Advisors, a financial & investment planner in Okemos & Lansing Michigan.
