AI Investing, The Difficult Conversations: Money & Mortality & Summertime Income

Welcome to the⁠⁠⁠⁠ @plannedsolutions ⁠⁠⁠⁠Incorporated Podcast. In this episode we discuss Artificial Intelligence (AI) has been a popular investment trend in 2024. The excitement around AI is centered around its potential to change the business world and daily life in the future. However, there is still no defined path to generating sufficient revenue and profits from the large investments. In addition, the increase in the value of many AI companies has caused them to already be a meaningful percentage of most investors’ portfolios.

Also, Two difficult topics of conversation for many people are money and mortality. As a result, it is often too easy to put these conversations off, but then an event may happen such as a death, disability, etc. This can create major financial and health challenges which are exacerbated by the lack of knowledge that others have about a spouse’s or parents’ finances and end-of-life wishes. As well, Summertime can be a great time for younger workers to start their working career to gain valuable experience and earn some extra money. In addition, it can also create an opportunity for young workers to get an early start on planning for longer-term financial goals. There are several types of investment accounts that younger workers may want to consider as they can realize long-term tax benefits by utilizing the accounts in addition to earning potential investment returns. Plus a look at the Planned Solutions Incorporated Office Bulletin Board - We recently sent out the registration forms for our annual charity golf tournament. We are busy ordering the giveaways for the tournament and gathering donations for the silent auction. We hope you will be able to attend (either golf or attend the dinner) or donate to a cancer charity to support our efforts.

The Harlan D. Wood and Debbie Druivenga Memorial Cancer Charity Golf Tournament

Date: Friday, October 11, 2024

Location: Rancho Murieta Country Club – North Course

7000 Alameda Drive

Rancho Murieta, CA 95683

Time: 1:00pm shotgun start, 5:30pm dinner

All profits go to cancer research and education. You can help by attending the tournament or donating. Not golfing? Bring friends and attend the dinner. To subscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail ⁠⁠⁠⁠Katie@PlannedSolutions.com⁠⁠⁠⁠ The Personal Finance Review is published and distributed biweekly by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Chase Armer's book- Financial Planning Insights is now available at: ⁠⁠⁠⁠⁠https://www.amazon.com/Financial-Planning-Insights-Decades-Planner/dp/1098306279?ref_=ast_author_mpb⁠⁠⁠⁠ Intro 00:00 Artificial Intelligence (AI) Investing 01:28 The Difficult Conversations: Money and Mortality 12:30 Summertime Income 17:54 Bulletin Board 23:11 Planned Solutions, Inc. ⁠⁠⁠⁠https://www.plannedsolutions.com/⁠⁠