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On this episode of the Planned Solutions Financial Review Podcast we discuss, The stock market and how it has become increasingly focused on Federal Reserve policy and the future path for interest rates. So much so that the comments from various Federal Reserve Open Market Committee (the committee tasked with setting short-term interest rate targets) members have caused the stock markets to swing wildly in recent weeks. What are the implications? And, One of Warren Buffett’s many notable quotes seems particularly timely at the moment. Buffet once said: “The less prudence with which others conduct their affairs, the more prudence with which we should conduct our own affairs.” The idea is that we are all participants in the same economy. Therefore, the actions of others are likely to have an impact on our financial prospects even if we act more prudently. Also,Tax Loss Harvesting is a strategy that involves selling certain investment positions (stocks, bonds, mutual funds, ETFs, etc.) at a tax loss to offset realized capital gains or other taxable income up to the $3,000 limit. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- With the holidays quickly approaching, we want to make sure you are aware of our holiday schedule for this year. December 24th Closed December 25th Closed January 1st Closed Given the above holiday schedule, as well as the holiday schedule of many of the companies that we work with, we ask that any forms or other requests that must be completed before year-end be submitted as soon as possible. If any paperwork or requests come in close to the end of the year, we will make our best efforts to process the forms or fulfill the request but cannot guarantee that it will be completed in time due to factors beyond our control. If you have yet to subscribe to the Personal Financial Review, email Katie@plannedsolutions.com