LifeSteps Briefing

LifeSteps Financial Briefing | July 2018

Henry's Take

Happy Summer from LifeSteps Financial. As summer brings holidays, vacations and a little downtime, the markets and the factors that influence them are still moving at a high speed. The confluences of inflation, interest rates and tariffs will most likely have an effect on the market and investments for the foreseeable future. As a result, many people seem to have predictions and tips on ways to invest for big returns. We believe that Financial Planning is a Philosophy. And, below, we have the third article in our four part series – Tuning Out the Noise.

We wish you and your families the a very happy and safe summer. As always, we appreciate your feedback and comments. And, if you have questions or if we can help you in any way, please let us know.

Henry Ford, Principal

Summer Fun Time Does Fit Into Financial Planning

Financial Planning: Tuning Out the Noise (part 3 of 4)

Noise is all around us. Many times, we pay close attention and other times, we tend to tune it out.

Take summer vacation for example. It’s time for summer vacation and the cross-country family Road Trip!!!! The kids are in the car, the bags are packed, the dog is in the back seat chewing on his treat, and we’re off.

The Family Road Trip

Picture Day 1 - The hotel is great. We walk by the lake. The kids (and the dog) went swimming. Success.

Now, picture Day 2 – The kids are in the car. The dog seems to be content. Then what happens? Everyone starts getting bored. Within the confines of the close space, the fidgeting begins and so does the noise. In fact, the noise from the back of the car is so loud that it’s hard to think.

Did You Know?

END OF JUNE

The 2nd longest economic expansion in US history (based upon data tracked since 1854) will reach 9 years in length as of 6/30/18.

Source: National Bureau of Economic Research

Data reproduced with permission from

By the Numbers

IN TIME FOR SUMMER TRAVEL

The Euro was worth $1.1685 as of 5/31/18, down from $1.2012 as of 12/31/17, i.e., Euro down and US dollar up. A stronger greenback means Americans will pay less to travel in Europe this summer.

?Source: BTN Research

Data reproduced with permission from

By the Numbers

Giving Back

This month's featured charitable organization is Hope through Housing Foundation.

Hope through Housing Foundation's mission is to break the cycle of generational poverty by advocating for policies and implementing programs that empower individuals and change communities.

To kick-off the season in style, Hope through Housing will be hosting its very first fashion show, highlighting the latest fall fashions for men, women, and children. Join the fun on Saturday, August 11 at Victoria Gardens in Rancho Cucamonga, CA.

One Last Thing...?

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This report is for information purposes only and is not a recommendation for any particular security. Mention of individual securities should not imply that we own the security or have owned it in the past. In addition, the information provided here should not form the basis for investment decisions. Past performance is no guarantee of future results. This information should not be used in any transaction without the advice and guidance of your Tax Professional. LifeSteps Financial has not independently verified, or attested to the accuracy or authenticity of the information, including any investment performance measurement.

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