Planned Solutions Corporate Earnings Growth
On this episode of the Planned Solutions Financial Review Podcast we discuss, The S&P 500 second quarter earnings results are now complete and the start of the third quarter earnings season is around the corner. The second quarter results were disappointing coming in below the first quarter number and only 2.6% higher than the second quarter 2018 number. This has put increased emphasis on the third quarter earnings reports as investors attempt to determine if the weaker results are the start of a trend or a short-term anomaly. And, When a mutual fund sells investments with a gain they are required to distribute the bulk of the gain to shareholders and the tax is paid at the individual level. These payments typically occur near the end of the year and can be a tax planning opportunity for individuals who hold mutual funds in non-retirement accounts. Also, As we near the end of the year, this is a great time to check your retirement plan contributions to make sure that you will have contributed the maximum by year end. Listed are the maximum contributions limits for 2019. Many employer-sponsored retirement plans only allow employees to contribute compensation earned up to December 31st. Meanwhile, traditional and Roth IRAs allow contributions up until April 15th or when the tax return for the year is filed, whichever is sooner. On October 1st Charles Schwab and Company announced that it would be eliminating its trading fees for many online stock and Exchange Traded Fund (ETF) trades starting on October 7th, 2019. This fee reduction will apply to Planned Solutions’ contract with Schwab greatly expanding the number of investments that we will be able to trade at no cost. To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com 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: Shannon@PlannedSolutions.com (916) 361-0191 WEB SITE: www.PlannedSolutions.com #finance #invest #investment #stocks #interestrate #bonds