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Still is Still Moving
Summer is waning with an abundance of hot days and a full moon at night. There is a sense of stillness or slowing down and yet a whirlwind of activity all around us at the same time. The resurgence of Covid-19 has many doubling back, slowing our pace, and our actions once again. At the same time the stories out of Afghanistan, weather-related issues, and personal issues have many of us spinning. Moving forward may feel very challenging right now. If we can remind ourselves that we are in this together by showing compassion to others and practicing healthy habits, it just may help us feel more in control of the things we know we can control. 


  • Covid Policy Update – Given the current surge in the Delta variant of Covid-19, we will be adhering to the CDC guidelines as they evolve. We are starting to see clients in the office again, we are fully vaccinated and currently unmasked. If it is recommended that we reverse this policy of having clients in the office, we will let you know. We kindly ask that you continue to use our Zoom virtual meeting options if you are not yet fully vaccinated or not comfortable meeting in person.

  • Seeking a New Hire – We are looking for a qualified candidate to join our team. If you know of anyone whom you think might be a good fit for us, please let us know.

  • Grandview Chocolate Walk - We will be participating in the Grandview Chocolate Walk on Thursday, October 7th. Tickets will be available for purchase early in September through the Grandview Public Library. If you would like to take a walk while enjoying some chocolate treats, this event is for you. Please stop in say hello! We'd love to see you. Stay tuned for ticket details.

  • Grandview Pumpkin Run - We are a sponsor of the 5K run scheduled for Saturday, October 23rd. Registration is open for those interested in participating. Click here for registration information.

  • Orion Portal Reminder - If you cannot access your Orion Portal, contact Tracey to request a password reset. The Orion Portal requires a password reset every 4 months (120 days) and becomes Inactive after 8 months (240 days).
Click below to read our August 2021 Blog edition.

We would enjoy receiving your feedback on our Blog. Please share any comments or suggestions for future topics with us via email.

+ Teri's World
August has been a month of abundance. The vegetable garden has been thriving, I have been increasing my workouts to get ready for the ½ marathon (hopefully) in October, I have been purging the abundance of papers and “stuff” around the house, I have been spending copious amounts of time with family, and oh, I acquired an abundance of poison ivy as well. Elliot, my youngest grandson continues to thrive and is up to 6 lbs. I think mom and dad are adjusting to this change in their lives. Logan is learning the importance of being a big brother and he got his first peddle bike. My oldest grandson, Jordan, dove off the diving board for the first time and he also turned 5 years old this month. Once Bryce, who is 3 years old and Jordan’s brother, saw his big brother dive off the diving board, he of course had to follow. He jumped off the diving board and swam to the side all by himself. So fun to be a part of all their new experiences and abilities.  
Logan, Jordan & Bryce
Veggies Galore!
+ What about Bob
I don’t remember an August when I still had to cut my grass twice a week! I usually get a bit of a reprieve this month but not this year. It’s just been too wet.

Cris and I were able to get away on a long weekend trip to Southern California where we stayed with friends in Dana Point. We started with a wonderful seaside dinner in Laguna Beach with an amazing sunset. We spent an afternoon at the beach and I had the chance to do some serious boogie boarding. We spent one morning cruising the bay at Newport Beach and then chartered a boat to see some marine wildlife. We didn’t see any whales but we did see a huge pod of Common Dolphins and got some great video of them swimming alongside of the boat.

We celebrated my Dad’s 84th birthday with a family day at Alum creek. We did some boating, kayaking, and enjoyed some wonderful conversations.

Layla started back to school on the 18th. She wasn’t quite as exhilarated as we were. She is playing volleyball again this fall and will play club starting the first of next year.
+ Tracey's Time
Summer's end is in sight and Cayleigh's sophomore year is off to a bumpy start. She is missing some of her golf season due to a mild injury requiring physical therapy. Academically, so far so good!

We were finally able to attend a live concert in late July. REO Speedwagon performed at the Rose Music Center. Last weekend we camped near the Cuyahoga Valley National Park. We attended the Zac Brown Band concert at Blossom Music Center Friday evening. We explored the park on Saturday, hiking the Ledges Trail.

We were also fortunate to have a brief visit with my Mom (who lives in SC). Time was short since she hadn't been to Ohio since 2019 and has lots of family members to catch up with. We are hoping for another visit later this fall.
Current Economic and Investment Information
BEING CAUTIOUS - The personal savings rate in the US was a record 33.8% in April 2020 as Americans reacted to the COVID-19 pandemic outbreak. The personal savings rate in the US was 9.4% in June 2021. Before the pandemic, the personal savings rate was above 10% during just 1 month since 1993. The personal savings rate is defined as “savings” (i.e., after-tax income less consumption spending) divided by after-tax income (source: Department of Commerce).

HOTELS AND RESTAURANTS - The number of American workers in “leisure and hospitality” was 16.3 million as of 2/29/20, dropped to 8.6 million as of 4/30/20, and now has rebounded to 15.8 million as of 7/31/21 (source: Department of Labor).

LOSING GROUND - Wages and salaries of all “civilian workers,” defined as workers in the private sector along with workers for state and local governments (but not federal government workers), increased by +3.2% on a year-over-year basis as of 6/30/21. Inflation, as measured by the “Consumer Price Index” (CPI), was up +5.4% over the same 12-month period (source: Bureau of Labor Statistics).

A LOT OF HELP WANTED - American employers had 10.1 million job openings as of 6/30/21, an all-time record for an employment statistic that has been tracked by our government since December 2000. Domestic employers had 6.9 million job openings as of 2/29/20 at the beginning of the global pandemic (source: Department of Labor).

WILL IT BE ABOVE AVERAGE? - The average change that American homeowners are anticipating in the value of their primary residences over the upcoming 12-months is a gain of +5.1%, more than the actual gain of +4.1% per year that has been achieved over the last 20-years through 4/30/21 (source: July 2021 Survey of Consumer Expectations Housing Survey, Federal Housing Finance Agency).

WORLD’S BIGGEST - The size of the US economy was $22.7 trillion as of 6/30/21. 10 years ago (6/30/11), the size of the US economy was $15.6 trillion. 20 years ago (6/30/01), the size of the US economy was $10.6 trillion. 30 years ago (6/30/91), the size of the US economy was $6.1 trillion (source: Bureau of Economic Analysis).

OPTIONS? - 39% of US small businesses say they experienced domestic supplier disruptions during July 2021, impacting their ability to provide goods and services to their customers (source: Census Bureau).

MOVE HERE - 44 US cities are currently offering cash incentives to attract workers to move to their cities, including Augusta, ME ($15,660), Stillwater, OK ($7,500) and French Lick, IN ($5,000) (source:

AT THE PUMP - The national average price of gasoline was $3.19 a gallon as of 8/13/21, up from $2.25 as of 12/31/20. The last year that ended with gas at $3 a gallon or above was 2013 or 8 years ago (source: AAA).

ON FIRE - 6 of the 7 largest wildfires in the history of California have occurred since August 2020, including the ongoing Dixie Fire which began in July 2021. The Dixie Fire is already the 2nd largest in the state’s history, having burned more than 510,000 acres (source: Cal Fire).

MONTHLY BENEFIT - 54 million Americans receive monthly Social Security retirement benefits, including retired workers, dependents of retired workers, and survivors of deceased workers. 42 million Americans receive monthly assistance from the Supplemental Nutrition Assistance Program (SNAP), aka “food stamps” (source: SNAP).  

AVERAGE PER MONTH - The average Social Security retirement benefit is $1,503 per month. The average “food stamp” benefit (SNAP) is $157 per month per person (source: BTN Research). 

SKIP THE PUMP - There are 43,600 electric vehicle (EV) charging stations in the USA. The $1.2 trillion infrastructure bill passed by the Senate allocates $7.5 billion for additional charging stations (source: DOE).

SUPPLY CHAIN DISRUPTION - The Chinese port of Ningbo-Zhoushan, the 3rd busiest port in the world, was forced to partially shut down on 8/11/21 as a result of a coronavirus outbreak. By Wednesday 8/18/21, the 8th shutdown day, 80 ships containing a total of 393,650 20-foot containers were sitting idle in the water waiting for the port to reopen (source: VesselsValue).  
Visualizing the $5.7 Trillion
Infrastructure Investment Gap

By Marcus Lu
Visual Capitalist

Click here to read this article.

But seriously, supply chain interruptions could affect your holiday shopping.
Why You Should Start Your 2021 Holiday Shopping Now (No, We're Not Kidding)

By Mallika Litra
We’re well into August, which means it’s time to start thinking about… holiday shopping?

Yes, you read that right. Strategists at investment bank Raymond James expect the supply chain issues currently plaguing retailers — like factory shutdowns, overwhelmed ports and shipping shortages — to accelerate in the second half of 2021, according to a recent report. Procrastinating on your gift shopping may be even riskier than usual this year.

Click here to continue reading this article.
Long Waves: The History of Innovation Cycles

By Dorothy Neufeld
Source: Visual Capitalist
Long Waves: How Innovation Cycles Influence Growth

Creative destruction plays a key role in entrepreneurship and economic development.

Coined by economist Joseph Schumpeter in 1942, the theory of “creative destruction” suggests that business cycles operate under long waves of innovation. Specifically, as markets are disrupted, key clusters of industries have outsized effects on the economy.

Take the railway industry, for example. At the turn of the 19th century, railways completely reshaped urban demographics and trade. Similarly, the internet disrupted entire industries—from media to retail.

The above infographic shows how innovation cycles have impacted economies since 1785, and what’s next for the future.

Click here to continue reading this article.

"Happiness is not something you postpone for the future;
it is something you design for the present."

- Jim Rohn
Alexander Financial Planning
1621 W. First Avenue
Grandview Heights, OH 43212

Registered Investment Advisor
This material is distributed by Alexander Financial Planning, Inc., (AFPI) and is for information purposes only. Although information has been obtained from sources to be reliable, we do not guarantee its accuracy. It is provided with the understanding that no fiduciary relationship exists because of this report. Opinions expressed in this report are not necessarily the opinions of AFPI and are subject to change without notice. AFPI assumes no liability for the interpretation or use of this report. Financial planning, investment conclusions and strategies suggested in this report may not be suitable for all investors and consultation with a qualified advisor is recommended prior to executing any investment strategy. All rights reserved.