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Where did Summer go??
I hope everyone had vacation time to spend with their family and friends this summer. My wife Donna, our daughter Rachael, and myself took a weeks vacation to visit our son & daughter-in-law in Atlanta and then enjoyed spending a few days at the beach in South Carolina before heading home.
I hope everyone is settling in with the kids back to school and enjoying fall, which is a beautiful time of the year... with the leaves turning colors and of course the joy of raking and burning them.
Fall is a time to enjoy your favorite college football team... Go Buckeyes!!! Sorry Michigan fans... I hope everyone has a great fall... enjoying bonfires, S'more's, wiener roasts, caramel apples, apple cider and all the wonderful smells & colors of fall before we have to break out the snow shovels for the white stuff.
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| Sincerely,  Bill Mann Financial Consultant [email protected] 419-636-5568 |
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Monthly Economic Update
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October 2017
THE MONTH IN BRIEF
In August, investors witnessed a terrible natural disaster and heard threats of war on America, and the S&P 500 still managed to gain 0.05%. September brought two terrible natural disasters and more threats of war on America, and the broad benchmark rose 1.93% and topped 2,500 for the first time. In other words, the bulls remained firmly in charge. European stocks rallied impressively last month, and oil went back above $50. U.S. economic indicators were a mixed bag, and home sales seemed to be cooling off. In what may be the month's most important development for investors, the Federal Reserve detailed its plan for reducing its vast securities portfolio.1
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Recipe of the quarter : Stuffed Burgers
Stuffed Cheese burgers
serves 6 | total time 25 min.
* 1 ( 1 ounce ) Envelope soup mix, onion
* 2 lbs. Lean ground beef
* 1/2 cup water
* 3/4 cup cheese ( Cheddar, Monterey Jack, Pepper Jack or Mozzarella )
Most people want a perfect Life... I just want a hamburger that looks like the ones in the commercials.
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How Much Should You Save By Age 30, 40, 50, or 60?
What number should you strive to reach?
Provided by Bill Mann, AIF®
It is agreed that the earlier you start saving for retirement, the better. The big question on the minds of many savers, however, is: "How am I doing?" This article will show you some rough milestones to try and reach. (Keep in mind that you may need to save more or less than these amounts based on your objectives and lifestyle and income needs.)
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Retiring Before 60
If that is your dream, explore whether these steps could be useful to take.
Provided by Bill Mann, AIF®
Some young adults manage to acquire a fair amount of financial literacy. In the classroom or the workplace, they learn a great deal about financial principles. Others lack such knowledge and learn money lessons by paying, to reference William Blake, "the price of experience."
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Avoiding the Cybercrooks
How can you protect yourself against ransomware, phishing, and other tactics?
Provided by Bill Mann, AIF®
Imagine finding out that your computer has been hacked. The hackers leave you a message: if you want your data back, you must pay them $300 in bitcoin. This was what happened to hundreds of thousands of PC users in May 2017 when they were attacked by the WannaCry malware, which exploited security flaws in Windows.
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Citations.
1 - cnbc.com/2016/03/31/dow-posts-biggest-quarterly-comeback-since-1933.html [3/31/16]
Mann's Investment Group, LLC. does not offer tax, or legal advice. The information presented here is not specific to any individual's personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable-we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.
Mann's Investment Group, LLC ~ 1210 West High Street Bryan, OH 43506 / 419-636-5568
Securities offered through Parkland Securities, LLC. Member FINRA/SIPC. Investment advisory services offered through Sigma Planning Corporation, a registered investment advisor. Mann's Investment Group, LLC. is independent of Parkland Securities, LLC and Sigma Planning Corporation.
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