Trend Following As A Risk Management Tool, Review of Subscriptions & Are Recession Predictions Dead?
b"In this episode of the Planned Solutions Incorporated Podcast, Trend following is often used by investors in an attempt to profit by predicting market price trends. The effectiveness of this is unproven at best. However, trend following may be used as an effective risk management tool by highlighting time periods when investors may benefit from reducing investment risk or investing more cautiously during periods of heightened market risk. \\n\\nAlso, the likelihood of a recession in the US appears to be decreasing. The Weekly Economic Index (WEI) has been increasing, signaling a higher rate of economic growth in the future rather than a decline in growth. In addition, the yield curve has flattened signaling slow economic growth ahead rather than a decrease in economic activity. \\n\\nAlso, Subscriptions have become a popular way for businesses to\\ncharge for their products or services. Businesses prefer this pricing method because it can create a more stable and consistent cash flow and, once signed up, consumers often overlook the expenses even if they are not getting the value they expected from the arrangement. Therefore, it is important to do a periodic audit of subscriptions to eliminate or reduce the cost of those that are no longer needed or are not fully utilized. \\n\\nPlus a look at the Planned Solutions Incorporated Office Bulletin Board-We give an update on the Harlan D. Wood and Debbie Druivenga Memorial Cancer Charity Golf Tournament was once again a big success. 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\\ncharities. We 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\\nJust in case this tax season was not crazy enough, the IRS and Franchise Tax Board (California tax authority) announced on October 16th, the day taxes were due to be filed, that the deadline has been extended to November 16th for people living in the California counties included in the federal disaster declaration. So, the tax season that never ends will continue for one more month.\\n\\nChase Armer's book- Financial Planning Insights is now available at:\\nhttps://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb\\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 biweekly 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."