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Skylight Newsletter October 2 2017

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10.02.17    |    News and tips from Skylight Financial Group, LLC    |    View this email in your browser
Another Week of Highs
Before we begin our usual weekly commentary, we wanted to take a moment to honor the victims of Sunday’s terrible attack in Las Vegas. Though details are still scarce, it is the most devastating mass shooting in U.S. history. Our thoughts are with the victims, their families, and with the community that now must cope with the aftermath of the tragedy. As we look for answers, let’s also remember to be grateful for the ones we love. More news here.

 


Tax Tip - Deduct New Job Related Moving Expenses
Moving into a new home can bring many expenses that quickly add up. However, if you had to relocate for a new job, you may be able to deduct some of your moving costs. Here's some guidance.

"Determine that the thing can and shall be done, and then we shall find the way"

 

 – Abraham Lincoln
 

Skylight's Jeff Logan, an Ohio State University Football alum, recently joined the team at Eleven Warriors for a Q&A on the Buckeyes season thus far - more here.
In the Skylight Spotlight - Barry Hardy celebrates his 50th work anniversary -  read the full story here.
Golf Tip of the Week
Find the fairway by tidying up your grip - more here.
What's Cooking?
Try this for a delicious fall meal - Smothered Pork Chops... yum!
Weekly Health Tip
These self-care techniques might help you manage insomnia.

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  • Securities, investment advisory and financial planning services offered through qualified Registered Represen­tatives of MML Investors Services, LLC. Member SIPC. OSJ: 2012 W 25th St., Ste. 900, Cleveland, OH 44113. 216-621-5680.
  • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
  • Diversification does not guarantee profit nor is it guaranteed to protect assets.
  • The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general.
  • The Dow Jones Industrial Average is a price-weighted average of 30 significant stocks traded on the New York Stock Exchange and the NASDAQ. The DJIA was invented by Charles Dow back in 1896.
  • The Nasdaq Composite is an index of the common stocks and similar securities listed on the NASDAQ stock market and is considered a broad indicator of the performance of stocks of technology companies and growth companies.
  • The MSCI EAFE Index was created by Morgan Stanley Capital International (MSCI) that serves as a benchmark of the performance in major international equity markets as represented by 21 major MSCI indexes from Europe, Australia and Southeast Asia.
  • The S&P U.S. Investment Grade Corporate Bond Index contains U.S.- and foreign-issued investment-grade corporate bonds denominated in U.S. dollars.
  • The SPUSCIG launched on April 09, 2013. All information for an index prior to its Launch Date is back-tested, based on the methodology that was in effect on the Launch Date. Back-tested performance, which is hypothetical and not actual performance, is subject to inherent limitations because it reflects application of an Index methodology and selection of index constituents in hindsight. No theoretical approach can take into account all of the factors in the markets in general and the impact of decisions that might have been made during the actual operation of an index. Actual returns may differ from, and be lower than, back-tested returns.
  • The S&P/Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate. The index is made up of measures of real estate prices in 20 cities and weighted to produce the index.
  • The 10-year Treasury Note represents debt owed by the United States Treasury to the public. Since the U.S. Government is seen as a risk-free borrower, investors use the 10-year Treasury Note as a benchmark for the long-term bond market.
  • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
  • Past performance does not guarantee future results.
  • You cannot invest directly in an index.
  • Consult your financial professional before making any investment decision.
  • Fixed income investments are subject to various risks including changes in interest rates, credit quality, inflation risk, market valuations, prepayments, corporate events, tax ramifications and other factors.
  • These are the views of Platinum Advisor Marketing Strategies, LLC, and not necessarily those of the named representative, Broker dealer or Investment Advisor, and should not be construed as investment advice. Neither the named representative nor the named Broker dealer or Investment Advisor gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Please consult your financial advisor for further information.
  • By clicking on these links, you will leave our server, as they are located on another server. We have not independently verified the information available through this link. The link is provided to you as a matter of interest. Please click on the links below to leave and proceed to the selected site. 
https://www.cnbc.com/2017/09/29/stock-markets-wrap-up-solid-third-quarter.html
http://performance.morningstar.com/Performance/index-c/performance-return.action?t=SPX&region=usa&culture=en-US
http://performance.morningstar.com/Performance/index-c/performance-return.action?t=@CCO
http://performance.morningstar.com/Performance/index-c/performance-return.action?t=%21DJI&region=usa&culture=en-US
https://www.cnbc.com/2017/09/29/stock-markets-wrap-up-solid-third-quarter.html
https://www.msci.com/end-of-day-data-search
https://www.cnbc.com/2017/09/28/us-stocks-open-lower-after-gop-tax-plan-reveal-interest-rates-eyed.html
https://www.cnbc.com/2017/09/28/us-stocks-open-lower-after-gop-tax-plan-reveal-interest-rates-eyed.html
https://www.cnbc.com/2017/09/29/us-futures-point-to-cautious-open-concerns-over-trump-tax-proposals.html
https://www.thestreet.com/story/14322912/1/small-cap-stocks-catch-fire-amid-trump-s-big-six-tax-cut-plan.html
https://www.cnbc.com/2017/09/28/us-stocks-open-lower-after-gop-tax-plan-reveal-interest-rates-eyed.html
http://www.marketwatch.com/story/dollars-bouncing-but-dont-call-it-a-comeback-2017-09-29
https://www.cnbc.com/2017/09/28/dollar-set-for-best-weekly-gain-in-2017-euro-struggles.html
http://wsj-us.econoday.com/byshoweventfull.asp?fid=477952&cust=wsj-us&year=2017&lid=0&prev=/byweek.asp#top
https://www.bloomberg.com/news/articles/2017-09-29/kindest-quarter-arrives-for-stock-market-that-nothing-can-rattle
http://wsj-us.econoday.com/byshoweventfull.asp?fid=477756&cust=wsj-us&year=2017&lid=0&prev=/byweek.asp#top
https://www.bloomberg.com/news/articles/2017-09-29/kindest-quarter-arrives-for-stock-market-that-nothing-can-rattle
http://wsj-us.econoday.com/byshoweventarticle.asp?fid=483784&cust=wsj-us&year=2017&lid=0&prev=/byweek.asp#top
https://www.nytimes.com/2017/09/26/us/politics/janet-yellen-fed-interest-rates-inflation.html?_r=0
https://www.cnbc.com/2017/09/29/kevin-warsh-is-far-from-a-lock-to-replace-janet-yellen-as-fed-chair.html
http://thepioneerwoman.com/cooking/smothered-pork-chops/
https://www.irs.gov/newsroom/moving-expenses-may-be-deductible
https://www.golftipsmag.com/instruction/driving/easy-drives/
http://www.webmd.com/sleep-disorders/living-with-insomnia-11/slideshow-insomnia   
http://www.care2.com/greenliving/5-zero-waste-swaps-to-make-in-your-bathroom.html
 
 

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