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https://preservewm.com
We've been keeping up with the latest headlines...
here are two of our favorites worth sharing.
** Your Money
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The Federal Reserve has come a long way from the days of warning about “irrational exuberance," as Alan Greenspan infamously warned in 1996. Infamous only because he was three years early.
Today, central bank officials want the economy to be running at what appears to be full employment and for the benefits of that to be spread among income, racial, and gender lines. They believe that achieving that goal will require allowing the economy to run hotter than normal for a while, with a tolerance for inflation a little above 2% for a period of time.
The Federal Reserve has vowed to continue keeping policy loose, even in the face of surging asset valuations. San Francisco Fed President Mary Daly was quoted last week saying, “We won’t be preemptively taking the punchbowl away.” Some investing experts are leery of the Fed’s stance, but others are advising their clients to take advantage.
The Fed has embraced the ‘punchbowl’ and has no intention of taking it away (https://www.cnbc.com/2021/03/26/the-fed-has-embraced-the-punchbowl-and-has-no-intention-of-taking-it-away.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail)
by Jeff Cox
** Your Life
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As the number of vaccinated people slowly but steadily grows, many people are starting to feel a sense of relief and looking forward to the possibility of returning to life before the pandemic. How do you navigate life between those that have and have not been vaccinated? While CDC eases guidelines on vaccinated people (e.g., safe to meet indoors with other vaccinated people), uncertainty still swirls. We still don’t know fully if and how other variants will affect vaccinated people, how long the vaccination protects us, and whether vaccinated people can still spread to unvaccinated people.
The bottom line is that while vaccinated people have a lower risk, we should all still proceed with caution, and safety precautions like social distancing, mask-wearing, and frequent hand-washing are still encouraged for all. #ItsNotOverYet
What You Can and Can’t Do if You’ve Been Vaccinated: Travel, Gatherings, Risk Factors, What You Need to Know (https://mcusercontent.com/9103bb2173df43de909d9525f/files/3dfd7d62-b43c-43ba-a3ec-29c2f1d0d5bf/What_You_Can_and_Can_t_Do_if_You_ve_Been_Vaccinated__Travel_Gatherings_Risk_Factors_What_You_Need_to_Know_WSJ.pdf)
by Sumathi Reddy
https://www.linkedin.com/in/danheth/
https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/
** Complexity Simplified
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Tax preparation time is also a good time to go through your family files and start purging/discarding old files. What should you keep? For how long? What should you safely discard? Here’s the rundown from the Wall Street Journal:
1. Keep tax documents for a minimum of 3 years from the date of the originally filed return.
2. Of all your estate planning documents, keep a copy of your will. Law firms will maintain copies of other legal documents that you created with them.
3. Bills, receipts, and financial statements can now be retrieved online, so make sure you have online accounts for each of your vendors.
4. Vital (i.e., medical) and legal (i.e., birth certificates, marriage certificates, military discharge) records should be maintained forever via safe deposit boxes or secure, fireproof containers.
Lastly, if you digitize your records (highly encouraged), make sure you keep them on a very secure site, like an online site from your financial institution, accountant, or attorney.
Declutter the Filing Cabinet: What to Save, Move to the Cloud or Shred (https://mcusercontent.com/9103bb2173df43de909d9525f/files/f090fc63-5f99-409d-8c56-7bdde91146bd/Declutter_the_Filing_Cabinet__What_to_Save_Move_to_the_Cloud_or_Shred_WSJ.pdf)
by Julie Jargon
** Trivia
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A: Tennis Elbow
Q: Who was the first female Prime Minister of Great Britain?
https://www.youtube.com/watch?v=h9nE2spOw_o
** Back in 1969, this song reached #1
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