How gratitude can benefit your family | Zeller Kern Wealth Advisors posted on the topic | LinkedIn (2024)

The Fed has announced a pivot from a tight monetary policy to a more accommodating approach. Here's what you need to know:▪️ Fed Chair Jerome Powell said in December that interest rates could be cut as much as three times this year, but he didn’t indicate when the cuts may start.▪️ In December, he said no cuts until inflation is still heading toward the Fed’s 2% target.▪️ During Congressional testimony in March, Powell reinforced his belief that the Fed would cut rates in 2024 but again wouldn’t commit to a time frame. ▪️ He also stressed that he wants to see more evidence that inflation is trending back to the Fed’s 2% target.The Fed Chair has indicated that the next move for rates will be lower. So, a pivot has taken place, but the follow-through with lower rates has yet to begin.#FedPolicy #InvestmentStrategy #InflationUpdates

Retirement can be an exciting milestone. It’s also a major lifestyle change. Oftentimes, your daily workday tasks (professionally or if you run your own business) will likely no longer exist. Read more on my blog: https://lnkd.in/gxfZyR2F

The Federal Reserve's decision to keep rates higher for longer might not be as alarming as it seems.Why? There are a few reasons. Higher interest rates aren't substantially negatively impacting our economy or the stock market, and a higher-for-longer stance could help keep inflation in check.While this might make Wall Street and Main Street a bit uneasy, it's important to remember that these decisions are made with economic stability in mind.Weigh in below: How do you feel about the Fed's decision to keep interest rates steady but still higher than they've been?#Investing #FinanceNews #FedRatehttps://lnkd.in/eNnyMEF6

🏠 As we gear up for the spring housing market, U.S. homebuyers are facing a double whammy of rising home prices and higher mortgage rates. According to a recent report by Mansion Global, the median sale price has risen 6.1% year-over-year (YoY) through February 2024, marking the largest increase since October 2022. In addition, mortgage rates, which have been on an uptrend since January 2022, remain stubbornly high, according to Freddie Mac.Key takeaways from the 2023 Redfin report for investors and homebuyers:- Cities like Newark and New Brunswick in New Jersey, Miami, Florida; Anaheim, California; and Warren, Michigan, have seen median sale prices trend higher.- Pending sales are down by 7.3% YoY, indicating the costs are already impacting would-be buyers.- Christine Kooiker, a Redfin Premier agent, suggests that potential sellers consider listing their homes ASAP and that buyers be prepared to make offers.While the market outlook remains mixed, activity traditionally picks up in the spring.Stay informed! 🧠💡 #RealEstate #Investing #HomePrices #MortgageRates

President Joe Biden is calling for higher U.S. tariffs on Chinese steel and aluminum products, marking a significant shift in trade policy. Here's what it means for your investment landscape:• The proposed tariff increase from 7.5% to 25% targets more than $1 billion worth of products, potentially affecting the cost and supply of these materials. • The Biden administration is also pressuring Mexico to prevent indirect sales of Chinese metal products to the U.S.• An investigation into Chinese trade practices across various sectors could lead to additional tariffs, inviting potential retaliation from China.These measures could impact industries reliant on steel and aluminum, potentially influencing stock prices in these sectors. As always, it's important to consider these developments when refining your investment strategy. #TradePolicy #InvestmentStrategy #Tariffshttps://lnkd.in/gF29GKcB

🌟 HOPE: Have Only Positive Expectations. In the world of finance, we understand that navigating numbers and trends can sometimes be overwhelming. It can be far too easy to imagine only what can go wrong. But amid it all, harnessing the power of a positive outlook is crucial.In the face of uncertainty, let HOPE guide you. It fuels your ambition, shapes your strategies, and propels you toward success, no matter the economic climate.Approach your financial journey with optimism, believing in the potential of your dreams and your ability to pursue them by keeping HOPE alive.#HOPE #PositiveExpectations #FinancialStrategies

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Did you know that the estate tax exemption may be cut by more than 50% at the end of 2025? 🫢That's right…When the Tax Cuts and Jobs Act (TCJA) expires at the end of 2025, there could be significant changes to federal estate and gift tax exemptions. ➡️ Current estate exemptions are $13.61M for individuals and $27.22M for married couples. 💍➡️ Pre-TCJA exemptions were MUCH LOWER: $5.49M for individuals and $10.98M for couples.➡️ If TCJA reverts, more individuals and couples may be subject to federal estate tax.💡 If you want to take a proactive approach, there are steps you can take over the next 18 months to help avoid giving the government more than you have to. There's no time like the present—now is the time to meet with your financial professional to review how your estate approach fits into your overall financial strategy. We’re here to help.#TaxCutsAndJobsAct #Estatestrategy #Taxstrategy

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Today's decisions could shape tomorrow's care. Are you prepared? 🗓️ April 16 is National Healthcare Decisions Day, part of an awareness campaign that started in 2008 and aims to remind us to establish our medical preferences before emergencies hit. So this #NHDD, make a point of having these conversations with loved ones: 👨👩👦👦🔹 What treatment options align with your values when the going gets tough? 💪🔹 Do you want to go full speed ahead on interventions or slow things down? 🚦🔹 Who understands your wishes and can stand in if you’re unable? 🤝We all should consider having advance directives in place. They can play a critical role in your overall financial strategy but are often overlooked. 👥#NHDD #AdvanceCarePreparation

🗓️Filing your taxes isn't just about settling up with Uncle Sam. It's also an opportunity to review your financial strategy and make adjustments based on new developments in your life and any changes or additions to your goals.Take time now to reflect. 🤔- Did you have any major life shifts in 2023—a marriage, baby, new job? You may want to consider updating your beneficiaries. 👰👶👔- Have you received a bonus or inheritance? One idea might be to direct a portion toward shoring up retirement investments. - If you have children and haven’t developed a college strategy, now may be a good time to explore various approaches. 🎓- Are you reaching a new stage of life? Recalibrate budgets and timelines for new priorities. 🏡🏢One thing is clear: Tax management can play a role when creating a financial strategy. Message us if you’d like to review your approach in light of any of these suggestions. 💪#TaxDay #FinancialStrategy #TaxManagement