LifeSteps Financial Briefing | May 2018

Henry's Take

Welcome to the May 2018 edition of the LifeSteps Financial Briefing. Our goal is to provide you with regular updates and insights that will provide perspective on the ever-changing financial landscape. Hopefully, you enjoyed last month’s article, “Now and Then”. My goal is to help you stay focused on your financial destination, giving you greater peace of mind as you travel through the market’s ups and downs. This month’s article addresses “Mapping the Experience”. We’ll follow it up with “Tuning Out the Noise” and finish with “Enjoying the Journey”. We will be featuring a charity each month – to better acquaint you with the many options for giving back. Our clients have introduced us to some organizations that are doing exceptional work. Whatever your passion or interest, there is a place that can use support. We hope this is of value.  ? 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

Planning for the Future

Financial Planning: Mapping the Experience   (part 2 of 4) When planning a vacation or new adventure, you most likely will do some research, create a plan and even those “non-planners”, usually have some type of map. The same is true of your financial future. To get where you want to be, you should have a financial roadmap. That map should provide the picture of how your financial pieces fit together and provide options when roadblocks occur. This series is designed to discuss “the pieces”. Why Should You Diversify? Embrace the market. As a trader, many try to beat the market by taking advantage of stock information that might change the price of a stock or predict its future. This approach is usually futile and more than likely will prove costly. read more...

Did You Know?

YOU'RE OUT, THEY'RE IN Mid-term elections occur on 11/06/18 . All 435 House seats and 33 Senate seats are up for reelection in November. In the last 4 mid-term elections (2002, 2006, 2010 and 2014), the balance of power changed in at least 1 of the 2 congressional institutions. Source: BTN Research Data reproduced with permission from By the Numbers OWE NOTHING 64% of the 120 million households in the USA are homeowners , a total of 77 million households. 34% of the 77 million homeowners (26 million households) are mortgage debt-free. ?Source: ATTOM Data reproduced with permission from By the Numbers

Giving Back This month's featured charitable organization is Children's Fund . Since its inception in 1986, Children's Fund has assisted more than 1.4 million children. Children's Fund serves as a safety net for the at-risk children in local communities. They are positioned to leverage donations to help provide vulnerable children with essential services and resources.

One Last Thing...?

If you'd like to hear from us regularly, please connect with our company LinkedIn Page .

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.

LifeSteps Financial | 909-267-3770 | LifeStepsFinancial.com