As the financial landscape continues to evolve, staying informed about the latest economic trends and insights is essential. In our ongoing commitment to providing valuable knowledge, we are thrilled to bring you a recap of our recent economic webinar from the "Onward and Upward: An Economic Webinar Series" hosted by PFS Signature Wealth for August 2023.

Tax benefits via 1031 exchange, passive income, diversification — these are just some of the potential benefits of Delaware Statutory Trusts (DSTs). In our whitepaper, explore the concept of Delaware Statutory Trusts (DSTs) and their significance in the realm of real estate investment. By examining the structure, benefits, considerations, and operational aspects of DSTs, this paper aims to provide a comprehensive understanding of this investment tool and its potential applications.

The Pellecchia family, comprising J.D., Julie, Tye, and Amelia, along with their two beloved Golden Retrievers, Captain and Player, have called Hyde Park their home since 1999. With a shared commitment to community engagement, J.D. and Julie actively participated in local initiatives, fostering enduring relationships and nurturing a strong sense of belonging. From Julie's instrumental role in co-chairing the Historic Hyde Park Home Tour, showcasing the area's architectural treasures, to J.D.'s pioneering efforts in empowering fathers through the All Pro Dad's program, the family has left an indelible impact on the neighborhood.

The housing market is a double-edged sword, capable of creating both fortunes and disasters overnight. With its enormous impact on the economy and people's lives, understanding its dynamics is key to making informed decisions and seizing opportunities. Whether you're a first-time homebuyer or a seasoned investor, the housing market is a force to be reckoned with, and staying ahead of the game is crucial. So buckle up and join us on a journey through the exciting and unpredictable world of the housing market!

If inflation is 8%+, this means that you need your income to grow at more than that number to maintain the same spending power. Income growth can become the significant factor in fighting inflation. A high yielding investment will become less and less valuable without income growth. Where can you find investments growing income at more than 8%-9% per year? You need look no further than a select group of high-quality, blue-chip, multinational companies with a history of strong dividend growth.

Did anyone predict that oil would drop to below $0 per barrel just two years ago? That from 2021 to 2022 inflation would grow to 8+%? That butter—delicious, bread spreading and lobster dipping butter—would increase in price by 25%?

Once again, a certain cast of characters failed to predict these things.

We call them: "the experts."

Suppose we have two different individuals, John and Anne, both of whom work the same number of 40 years, have the same salary and salary growth, save the same amount of money, and are identically invested. In fact, they even have identical returns – both returned 5% annualized real (above inflation, or roughly 8% nominal) after fees. The only difference is that John began work in 1954 and Anne in 1967. At the end of their 40-year careers, Anne has $880,000 saved and John has $590,000 saved. How is this possible?

PFS Financial announced its rebrand today with a press release entitled: “PFS Financial Celebrates New Brand to Highlight Team-Based Wealth Management Approach.”

The purpose of the rebrand was was to highlight the work we do for our clients: provide vertically integrated, precise, comprehensive financial plans paired with tailored investment advice. This rebrand benefits our clients since it will allow us to communicate information more efficiently.

Hold on. So what you’re saying is I have to actively provide information for my employees for their investments,” a business owner recently asked. “How am I supposed to know what to recommend?” “Yes, as the employer, you have a ‘fiduciary’ responsibility for their retirement plan,” I replied. “This means you need to actively be evaluating the fees they pay, the investment options they can choose, and the investment counsel they have access to.”