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On this episode of the Planned Solutions Incorporated Podcast, Some economists are warning of deflation risk and urging policy makers to do more to offset the impact of the COVID-19 crisis. Others are warning of hyper-inflation risk and urging policy makers and investors to take action to offset this risk. How can these two diametrically opposed views both grab headlines at the same time? The key is the different time horizons that are being considered and the assumptions about the future that each risk involves. And, With more people working from home, home network security is more important than ever. Fortunately, there are a number of steps that you can take to better protect your network and confidential data. These include installing hardware and software updates, making sure your antivirus software is current, and using strong passwords as well as multi-factor authentication where available. Also,Some people have reported that they received a larger stimulus payment than they should have, including some who received checks for deceased individuals. These payments were issued in error and will need to be paid back although there is no current guidance as to how the money should be returned to the Treasury. So, for the time being it is best to hold on to the money but be prepared to pay it back as soon as the Treasury creates a system to receive the payments. Plus a look at the Planned Solutions Incorporated Office Bulletin Board-Planned Solutions’ office continues to be closed per the Sacramento County Public Health order issued on May 1st. The State of California has entered Phase 2 of its plan to reopen the economy which does allow offices to reopen as long as they adhere to certain requirements. However, the restrictions issued by Sacramento County do not allow us to return to our office at this time. The County order expires on May 22nd but may be extended or amended before then. For the time being we will continue to work remotely with occasional visits to the office when practical. We will continue to conduct meetings over the phone or via Zoom. As financial planners we have found that some topics or client questions come up quite often. These are topics that we have thought about often and have strong views as to how clients can better understand the issue, weigh their options, and make better informed decisions. Recently, Chase decided to put these topics in writing. The project started as a series of white papers on various financial planning topics but morphed into a book. After years of work, Chase recently published Financial Planning Insights. This book contains a series of 50 short chapters each focusing on different financial planning topics that may help individuals make more informed financial decisions. Financial Planning Insights is now available at: https://store.bookbaby.com/book/financial-planning-insights https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279/ref=sr_1_1?dchild=1&keywords=chase+armer&qid=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 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 #inflation #deflation #bonds