BROADCASTS.com

b"In this episode of the Planned Solutions Incorporated Podcast, The stock market surged on November 10th in response to a better-than-expected inflation report. This has caused some to question how stock prices can be considered rational when prices sometimes swing by such large amounts in one day. The answer relates to the fact that investors are forward-looking, so they are constantly anticipating the future. However, the time frame investors use to price investments often changes over time.\\n\\nAlso, The US inflation rate declined by more than expected in October. Consumer prices increased 0.4% for the month and 7.7% year-over-year. This was a 1.4% decrease from the peak of 9.1% in\\nJune 2022 led by a decline in energy prices. However, food prices have continued to increase, and the price of shelter has remained persistently high despite stagnation in home prices due to\\nincreased rents. \\n\\nAnd, In an effort to step-up tax enforcement, new tax laws have\\nincreased the reporting requirements for non-traditional sources of income such has \\u201cgig work\\u201d or \\u201cside hustles.\\u201d This includes a requirement that a Form 1099-K be issued for income earned of\\n$600 or more in a year. Therefore, it will be even more important for taxpayers to track their income and expenses from non-traditional work in the coming years to make sure they are able to properly report their income without overpaying income taxes.\\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board- The Harlan D. Wood Memorial Cancer Charity Golf Tournament was once again a big success. The tournament was rescheduled due to extreme heat in September which caused some concern that Mother Nature may be against us this year and could bring rain on the alternate date in November. However, we dodged the rain earlier in the week and had a great day for golf. Chase\\u2019s team shot a very strong 53 (-19 to par) and returned three out of their four pink balls giving them a net score of -50 for the win. This means Chase\\u2019s long quest to get his name back on the winner\\u2019s plaque has ended. However, Shannon did get the bragging rights of winning the\\nlong-drive competition this year. More importantly, this year we raised over $12,000 for cancer charities bringing our cumulative\\ntotal to $155,045. We would like to thank everyone who supported the event this year and in years past by attending the tournament, bidding on auction items, and contributing to cancer charities.\\nWe look forward to next year when hopefully we will be able to continue to grow the tournament and the donations raised for cancer charities.\\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nwww.amazon.com/Financial-Planning\\u20261586894022&sr=8-1\\n\\nTo subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail Katie@PlannedSolutions.com\\n\\nThe 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.\\n\\nPlanned Solutions, Inc."