Planned Solutions

In this episode of the Planned Solutions Incorporated Podcast, Technology stocks have outperformed other sectors by a wide margin so far in 2023, helping to offset the large losses in Technology stocks in 2022. This has caused some investors to allocate a large percentage of their stock portfolios into this single sect or which may result in higher risks than they realize. Instead, investors may be better served by being patient and allowing time for the market breadth (number of shares increasing in value)to improve. Also, Banking turmoil in the US which began in March has continued to negatively impact the US financial system. However, the issues have been fairly contained within the sphere of smaller regional banks. Meanwhile, the Financial Stress Index reported by the Federal Reserve shows that financial stress spiked in March but has since improved sharply. And, One of the key decisions when creating a trust is who should be named as the successor trustee. Often those who set up a trust will appoint a