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Personal Banking
Personal Banking
Quarterly Perspectives - 3rd Quarter 2024
As we enter the fourth quarter of 2024, our Quarterly Perspectives dive deeper into current topics. Read on to learn more about the impact of the Federal Reserve cutting interest rates, the upcoming election, and tax planning.
INVESTING - Impact of lower interest rates on equity and bond markets
- The major asset classes tend to perform well in an environment of interest rate cuts.
- High quality bonds, which had lackluster performance in the recent low and rising interest rate environment, should perform well as the Fed lowers interest rates.
ELECTIONS
- Elections can bring out strong emotions, often fueled by headline noise.
- While financial markets can be affected in the short term by headlines, long term market performance is primarily driven by economic conditions.
- Bottom line: U.S. stocks have trended up regardless of whether a Democrat or Republican won the White House.
TAXES - Tools to evaluate opportunities
- Tax Planning allows us to help identify potential planning opportunities – both now and in the future – to keep your lifetime tax liability as low as possible.
- A simple review of your latest tax return can uncover planning opportunities to help you realize your goals in the most tax efficient way.
- And we can run projections to see how potential changes (e.g., filing status, dependents, the sale of a business) may impact your upcoming tax liability.
Tax efficient retirement vehicles |
Realizing capital gains |
Charitable giving strategies |
Roth IRA conversions |
Source: Holistiplan
The INTRUST Quarterly Perspectives are the consensus of the INTRUST Investment Strategy team and are based on third-party sources believed to be reliable. INTRUST has relied upon and assumed, without independent verification, the accuracy and completeness of this third-party information. INTRUST makes no warranties with regard to the information or results obtained by its use and disclaims any and all liability arising out of the use of, or reliance on, the information. The information presented has been prepared for informational purposes only. It should not be relied upon as a recommendation to buy or sell securities or to participate in any investment strategy. The Quarterly Perspectives are not intended to, and should not, form a primary basis for any investment decisions. This information should not be construed as investment, legal, tax or accounting advice. Past performance is no guarantee of future results.
| Not FDIC Insured | No Bank Guarantee | May Lose Value |
Posted:
10/17/2024
Category:
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