Treasury bills, notes, and bonds may be exempt from state and local taxes, but they are fully taxable on the federal level.

Municipal bonds, on the other hand, are exempt from federal income tax. Municipal bonds also may be exempt of state and local income taxes for investors who live in the area where the bond was issued. However, if a bondholder purchases a municipal bond mutual fund that invests in bonds issued by other states, the bondholder may have to pay income taxes.

* This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional. Mutual funds are sold only by prospectus. Please consider the charges, risks, expenses and investment objectives carefully before investing. A prospectus containing this and other information about the investment company can be obtained from your financial professional. Read it carefully before you invest or send money.

Tip adapted from IRS.gov[9]

A well-hit shot with a low trajectory is a "penetrating" ball flight, meaning that it is both accurate and achieves maximum distance. A penetrating shot is great for hitting into the wind because you don't risk the wind knocking down a shot that has a higher trajectory.

In order to achieve this penetrating ball flight, follow these tips:

●  Tee the ball higher if you want to hit it low. The sweet spot on your club face is likely higher, therefore a lower tee will make a penetrating ball flight harder to achieve.

●  Tighten your right hand (for right-handed golfers) to give yourself more control

●  Focus on your backswing and keep your swing path shallow.

Tip adapted from Golf Week[10] 

Sit back and relax as you say goodbye to summer and hello to a new season. This breathing exercise will help you relax and rejuvenate yourself for everything that's to come.

The foundation for nearly all breathing exercises is "belly breathing." To get started, sit or lie down in a comfortable position and put one hand on your abdomen, just below your ribs. Put the other hand on your chest. Then, take a deep breath in through your nose and let your belly push your hand out. Next, breathe out through your mouth and feel the hand on your belly go down. The hand on your chest shouldn't move. Do this slowly 5 times, taking your time with each breath.

Once you master belly breathing, you can try more relaxed breathing drills.  

Tip adapted from University of Michigan Medical School[11]

●  Shop Wisely - Go into the grocery store prepared with a list of everything you need. This will help you avoid buying items impulsively or buying things that you might not make in time.

●  Buy Imperfect Produce - Groceries stores usually have very strict standards on the produce they select, but many of these standards are just cosmetic. Foods that don't meet the criteria are often thrown away. Save this perfectly good produce by shopping at local farmers markets or other shops that don't care about a few little bumps and bruises.

●  Mine Your Fridge - Before buying more food that might go to waste, consider what you already have and how it can be used. When planning your meals for the week, incorporate these items.

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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 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 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 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 professional for further information.

The market indexes discussed are unmanaged and generally considered representative of their respective markets. Individuals cannot directly invest in unmanaged indexes. Past performance does not guarantee future results. The return and principal value of investments will fluctuate as market conditions change. When sold, investments may be worth more or less than their original cost. 

Summit Financial Group
Summit Financial Group of Indiana
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Lafayette, IN 47905
866-582-5721
jon@summit-fp.com
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