November Foresight: Year-End Charitable Gifting and Tips for Inflation

Dear Friends,

?With the chilly winds of Fall rustling the last few leaves to the ground, we know that Thanksgiving and all of the year end holidays grow near. Inflation continues to be a hot topic of discussion and this month we posted an article that discusses a simple?investment in inflationary times. Also, in the spirit of the holidays we share a reminder of year-end charitable gifting that can provide tax relief too.

As always, thank you for reading these writings each month and providing your comments, thoughts, and questions, which continue to educate and inform me.

Year-End Charitable Gifting and You

Are you making charitable donations at year’s end? If so, you should know about some of the financial “fine print” involved, as the right moves could potentially bring more of a benefit to both you and your chosen charity.

Keep in mind, this article is for informational purposes only and is not a replacement for real-life advice. Make sure to consult your tax, legal, or accounting professionals before modifying your charitable gifting strategy.

Learn more about?Year-End Charitable Gifting and You?here.

TIPS for Inflation

?

In February 2018, Jerome Powell was appointed as Chair of the Board of Governors of the Federal Reserve System. He became the 16th chair to take over the helm of the world’s most influential central bank. Among other duties, he and the Fed governors are tasked with adjusting short-term interest rates to help control inflation in an effort to promote overall economic growth.1

Until 2021, inflation has remained low, which has allowed the Fed to maintain low, short-term interest rates. But some are concerned that the Fed’s policies enacted during the pandemic may accelerate inflation, and they are looking for investment opportunities that have the potential to react to higher interest rates.

Learn more about?TIPS for Inflation?here.

?

The content is developed from sources believed to be providing accurate information.?The information in this material is not intended as tax or legal advice. Please consult?legal or tax professionals for specific information regarding your individual situation.?This material was developed and produced by FMG Suite to provide information on a?topic that may be of interest. FMG Suite, LLC, is not affiliated with the named?representative, broker-dealer, state- or SEC-registered investment advisory firm. The?opinions expressed and material provided are for general information and should not?be considered a solicitation for the purchase or sale of any security.

Walid Petiri?is the owner of Financial Management Strategies, LLC (FMS), a Registered Investment Advisor established in 2000. He has over two decades of financial experience that covers virtually all areas of finance, from tax, insurance, stockbroker, personal financial planning, and personal banking to corporate credit, business planning, and consumer lending. In 2017 FMS Institutional Services was launched, and he leads the institutional consulting services delivered that include; investment policy preparation, asset allocation, manager search, due diligence and selection, and the design and implementation of diverse and emerging manager programs.

?

He is a graduate of New Jersey’s Montclair State University with a degree in both business management and finance. Mr. Petiri is a recipient of the Accredited Asset Management Specialist designation from the College of Financial Planning in Denver, Colorado.

Mr. Petiri has frequently been heard on WEAA (88.9 FM) as a financial commentator, who appeared on WMAR-TV 2 regarding the 2008 & 2009 economic downturn. Mr. Petiri has been?interviewed and quoted?by?CNBC,?the Investment News magazine, and Bankrate.com, written for the Journal of Personal Finance, The Register, Popular Finance (of China), Minority Enterprise Advocate Magazine,?The Wall Street Journal,?Aging News Alert,?Morningstar.com,?USAToday.com, TheStreet.com, Wall Street CheatSheet?and publishes a monthly financial advice column called the?Foresight.

Walid was featured in SmartCEO Magazine - Baltimore for the 2012 Top Money Managers Wealth Management. A?member of Bethel African Methodist Episcopal Church, he is a?devoted parent to his son and daughter. Walid serves on the Finance Committee of Associated Black Charities, and the Board of Directors for?the Reginald F. Lewis Museum?and?has?Chaired?the Investment Committee.

Copyright 2021 FMG Suite