BROADCASTS.com

In this episode of the Planned Solutions Incorporated Podcast, The Price to Earnings (PE) ratio is often used to determine whether stocks are attractively priced or too expensive. However, the PE ratio can become an inverse indicator during times of economic and market turbulence as short-term earnings reports may not be a reasonable estimate of a company’s long-term earnings expectations. Therefore, it is important to take a more holistic approach to valuing investments during times of uncertainty and volatility. Also, Homebuilder confidence soared in August as low-interest rates, limited homes for sale, and increased demand have pushed home prices up. This could be a positive sign that home construction may help to support the economic recovery in the Fall. However, a limited supply of labor and raw materials, such as lumber, may limit the number of units that can be built in the coming months. And, The IRS recently announced that they will now be accepting amended tax returns submitted via their e-file system. Historically the IRS required that amended tax returns be paper-filed which often led to long delays. The new e-file option may reduce the processing time for amended tax returns. However, it should be noted that the IRS will only accept amended returns for the 2019 tax year and newer while returns for the prior years will still need to be paper-filed. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- You may receive, or may soon receive, correspondence from Securities America in the mail. This paperwork is related to our old Broker/Dealer, Securities Service Network, whom we contracted with in the past but have since terminated that contract. As of May 31, 2018, we are no longer affiliated with a Broker-Dealer and are now a fully independent Registered Investment Advisory firm. For some reason, Securities Service Network failed to update its records and are sending notice of their upcoming merger with Securities America to people who have closed their accounts. Therefore, you can disregard the correspondence as it no longer applies to you and your investment accounts. Should you have any additional questions, please don’t hesitate to contact us. Chase, Shannon, Joel, and Daryl played in a golf tournament to benefit the Red Cross. While we did not come anywhere near winning, it was a great team-building exercise and benefited a good cause. With the wildfire response in California and other parts of the West putting stress on the available resources, organizations like the Red Cross need support. Chase Armer's book- 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