THE MONTHLY DIVIDEND CASCADIA WEALTH MANAGEMENT—JULY 2019 CASCADIA PULSE—WHAT’S HAPPENING Happy 4th of July! Our flag is more than just cloth and ink. It is a universally recognized symbol of liberty and freedom. It is the history or our nation, and it is marked by the blood of those who died defending it. Additionally, we understand if you decide you would prefer to not receive this newsletter. Please let us know if you would prefer to opt-out and be removed from our mailing list. We hope you have a fun and safe 4th of July! In February of this year, we celebrated the one-year anniversary of Cascadia Advisory Services, LLC—our Registered Investment Advisor arm. We celebrated as a Cascadia family in a fun afternoon of bowling, pizza, and healthy competition (we made sure Doug didn’t finish last). Establishing CAS has allowed us to provide an even greater depth of service to our clients, by offering a more robust platform, and a wider range of products and services through our strategic partners. ………………………………………………………………………….. Welcome to the first edition of “The Monthly Dividend.” We wanted to provide an extra opportunity to keep you updated, along with helpful tips, whimsical anecdotes, recipes we think you’ll enjoy, and thoughtful commentary. While our intent is to provide an enjoyable and informal way to connect, we also know that you might have some wonderful ideas or feedback about some specific content you might like to see—whether onetime or ongoing. Please feel free to email Jeremy at [email protected] with your feedback and ideas for how we can make this newsletter better for everyone. All links in this newsletter are active and can be clicked through if viewing digitally. In addition to our daily focus on you as clients, we continue to enjoy time with our families, the occasional adventure out of town, along with some adventures right here at home. While our business is directly to provide holistic planning and portfolio management services, we do not lose sight of who we are serving, and why we do what we do. We are grateful for your business and trust. Thank you. SCAM AWARENESS RECIPE EXCHANGE Technology today has created opportunities that have advanced our capabilities substantially. However, opportunities for scams have also advanced. We have seen a recent spike in these activities—whether it’s phishing emails that mimic the look and language of well-known organizations; or someone calling you via phone claiming to be from the IRS or Social Security office. As we enter the summer months, we’d like to kick off our recipe sharing section with a bit of lighter fare—for those nights when the sun stays a bit warmer, and lasts a bit longer into the evening. Here are a couple of favorites for fish or chicken tacos, a summer favorite—light, delicious, and easy to prepare. Spice them up or cool them down to your liking. Thanks to Chrissy for sharing her favorites. Phishing emails are perhaps the most prevalent scam cycling through inboxes across the country. Typically these emails will falsely use a company’s logo and design, and imply the need to verify your personal information—providing a link for you to “verify” your information. We recommend contacting the organization directly to verify if the request is legitimate. A good resource to stay knowledgeable on current scams is the Federal Trade Commission Consumer Information website: EASY FISH TACOS with HONEY-LIME CABBAGE SLAW > From www.realfoodwholelife.com CHICKEN & AVOCADO STREET TACOS > From www.cookingclassy.com https://www.consumer.ftc.gov/features/scam-alerts. No doubt we’ll be trying these out this summer. Yum!! Enjoy. MARKET COMMENTARY As we have reached the middle of the year, and the end of the second quarter, it seems prudent to take a look at the broad market and the various factors playing a role in the overall market conditions and environment. Each month we will provide insight into more specific trends, factors, or sectors in the market. As a precursor, let’s set the table regarding the marketplace as a whole. 2019 has, so far, been a year of confusion and contradiction. The broad focus has been on issues such as the escalating global trade war, but overall, markets have largely shrugged off these threats. The G20 Summit ended with the U.S. and China agreeing upon a “trade war truce,” that should relieve the heightened tensions enough to stimulate productive trade talks, and potentially a favorable trade deal in the near future. The market began 2019 with a healthy recovery from the difficult end to 2018. Though some retraction occurred in May, historically stocks have traditionally risen in June during years with similarly healthy starts, and 2019 seems to be proving that history can be a great guide. With the Federal Reserve Board taking a more passive stance in their rate adjustments, fears regarding inflation continue to fade, and there is even discussion now of a potential rate cut at the Federal level, numerous analysts are offering a bullish outlook for the remainder of 2019. Additionally, while many analysts see a rate cut as an unnecessary economic stimulus, it would potentially provide an additional bullish element to current market conditions. Positive sentiment and analysis can provide a great outlook, however, market conditions are always changing and influenced by a wide range of indicators. Remaining focused on your overall financial plan, goals, and objectives is crucial when uncertainty and volatility remain in the marketplace due to a variety of factors—as is the case currently. Sources: Chaikin Analytics, LLC; University of Michigan; Institute for Supply Management Manufacturing Index; www.tradingeconomics.com; www.inflationdata.com; CFRA Research FUN FACT The colors of the American Flag represent traits perceived as integral to the newly formed country Red—Hardiness & Valor White—Purity & Innocence Blue—Vigilance, Perseverance, & TRAVEL/HOBBIES Justice Whether it’s a “stay-cation,” in your own neck of the woods, or an international adventure, travel seems to be a common thread amongst many of our clients. Traveling is an opportunity to accumulate precious memories and spend time with those close to you. Regardless of why you travel, here’s a couple choice tips to make the most out of each travel experience, as we enter the summer travel time: > Spend More Time in Fewer Places: When planning a trip, don’t try and go everywhere and do everything—that’s a recipe for burnout. The less you feel you have to see and do, the more enjoyable and stress-free your adventure will be. > Talk to the Locals: Regardless whether you’re traveling domestic or international, engaging with the locals can dramatically enhance your overall enjoyment of a new destination. Locals typically have the best knowledge of what to see, do, and eat in their own town, and often thoroughly enjoy sharing info and stories about their town . > Put Down Your Phone and Camera: Unless you’re a professional photographer and getting paid for your plethora of photos, take time to just enjoy and be present in the moments. By all means be sure to capture places and memories, but just be sure you don’t miss everything going on around you by spending your vacation behind a lens or video screen. YOUR ADVISORY TEAM DOUG PERRY — Managing Principal JEREMIAH BEAM —Financial Advisor CHRISSY BOELL — Advisor Assistant Portland Office 8050 SW Pfaffle Street, Suite 100 Portland, OR 97223 (503) 620-5236 www.cascadiawm.com Enjoy your adventures! We look forward to hearing about them soon. Investment advisory services provided by Cascadia Advisory Services, LLC, an SEC Registered Investment Advisor. Brokerage services offered through Cetera Advisors LLC, member FINRA/SIPC. Cascadia Wealth Management and Cascadia Advisory Services, LLC are separate and independent entities from Cetera Advisors LLC. Content provided is not solicitation or recommendation for any product or service.