Happy Labor day!

When to travel on the long weekend.

Sep 01, 2023

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Market: In August S&P 500, the Nasdaq Composite and the Dow Jones Industrial Average are all down more than 3% , breaking a five-month-long winning streak. August is historically a weak month for the market due to lower trading volumes and profit-taking before September. China’s retail sales and industrial production growth missed expectations in July, raising concerns about the health of the world’s second-largest economy. China also faces a potential real estate crisis as some of its biggest developers struggle with debt. China’s central bank cut interest rates this month to stimulate growth.

The Fed noted that inflation remains well above its 2% target and there are “significant upside risks” that could require more monetary policy tightening. Investors are awaiting Fed Chair Powell’s actions.

Settlewise is planning to revisit the newsletter publishing day based on your feedback, so your input is highly valued in this decision-making process. Thank you for helping us to help you.

Celebrating Labor Day: Tradition, Travel, and Family Bonding

Labor Day in the United States is more than just a day off work; it's a celebration of hard work, a nod to the American labor movement, and an unofficial farewell to summer. While it's often associated with barbecues and the end of vacation season, Labor Day holds significant cultural and historical importance.

A Day for Families:

One unique American tradition that has emerged around Labor Day is the family barbecue. Dads and male family members often take charge of the grill, showcasing their culinary skills while bonding with loved ones. It's a time when families gather in backyards and parks, enjoying the last days of warm weather before autumn arrives.

A Bonding Experience:

Labor Day barbecues aren't just about food; they're about strengthening family ties. It's an opportunity for parents to connect with their kids, teaching them cooking skills and passing down family recipes. The act of grilling becomes a shared experience, fostering bonds across generations.

Traveling for Tradition:

Many Americans use the long weekend as an opportunity for one last summer getaway. Road trips are a common Labor Day tradition, as families hit the highways to explore new places or revisit favorite destinations. It's a time to create lasting memories, whether it's lounging on the beach, hiking in the mountains, or camping under the stars.

Planning Your Getaway:

If you're planning to travel during Labor Day weekend, be prepared for increased crowds and traffic. According to AAA, travel bookings have surged compared to last year, with more people taking to the skies, seas, and roads. To avoid the worst traffic, consider leaving early in the morning or late in the evening.

Best and Worst Times To Drive During Labor Day Weekend

A Day of Reflection:

While Labor Day is synonymous with relaxation and fun, it's also a time to reflect on the contributions of workers and the labor movement's impact on society. It's a reminder of the progress made in workers' rights and the importance of fair labor practices.

#SettleWiseStance – we'd like to encourage you to do something truly extraordinary—unplug completely. Yes, that's right, put away your work devices, silence those email/IM notifications, and take a break from work in full. Disconnecting for a little while can work wonders. It allows your mind to recharge, your creativity to flow, and your stress levels to drop. When you return, you'll find yourself more focused, more inspired, and more productive.

Wiser Craving

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Protecting Your Privacy on Google Maps and Apple Maps

In today's digital age, maintaining your privacy online has become paramount. One aspect often overlooked is the exposure of your home and personal information on mapping platforms like Google Maps and Apple Maps. Fortunately, you can take steps to safeguard your privacy.

Google Maps:

1. Open Google Maps: Launch Google Maps or access the Street View gallery.

2. Find Your Address: Look up your home address.

3. Select the Right Photo: Choose a Street View photo that displays your house, license plate, or any other sensitive information.

4. Report a Problem: Click on "Report a problem." This option is typically located in the bottom right corner or accessible through the three-dot menu on a photo.

5. Complete the Form: Fill out the provided form. Ensure you specify the reasons for requesting a blur, such as protecting your privacy. Provide accurate details to identify your property.

6. Submit Your Request: Once you've filled out the form, click "Submit."

Apple Maps:

Apple Maps, while a bit less straightforward, also offers privacy options.

1. Compose an Email: Address your request to MapsImageCollection@apple.com

2. Include Comprehensive Details: In your email, make sure to mention your complete address and any pertinent property information. This helps Apple Maps accurately identify your residence.

3. Request Privacy Blur: Clearly state your intention to have your house blurred for privacy reasons.

#SettleWiseStance – By following these steps, you can ensure your home remains hidden from prying eyes on popular mapping services. Protecting your privacy online is a proactive measure that everyone should consider taking in our digital age. Let us know what other concerns you have. Our team can do the heavy lifting for you by researching and identifying solution for that.

Beware of the "Can You Hear Me?" Phone Scam

In our ever-connected world, phone scams have unfortunately become a common concern. The Better Business Bureau (BBB) is sounding the alarm once again about a recurring phone scam that has resurfaced. While this scam isn't new, it's essential to remain vigilant and informed to protect yourself.

Here's how it plays out: You answer your phone, and on the other end, you hear the seemingly innocent question, "Can you hear me?" It's a question designed to prompt a response, and the BBB advises caution before uttering that simple "yes" because scammers may be recording your answer.

The Anatomy of the Scam

This particular scam is often associated with robocalling—a method where automated systems make mass calls to numerous consumers. A computer-generated voice poses the question, "Can you hear me?" or similar queries, possibly aiming to confirm your identity or elicit a "yes" response.

But why the concern over saying "yes"? Scammers or marketing companies could potentially use your recorded response against you. They might manipulate your affirmative answer to claim that you agreed to sign up for a program, accept charges on your credit card, or add fees to your cell phone bill.

Protecting Yourself

So, how can you shield yourself from falling victim to this scam? The BBB and experts suggest a few proactive steps:

1. Don't Answer Unknown Calls: The safest approach is not to answer calls from unknown numbers. Let them go to voicemail, where you can evaluate their legitimacy.

2. Ask Questions: If you do answer and are prompted with the "Can you hear me?" question or something similar, consider responding with questions of your own, such as, "May I ask who's calling?" or "What is this call about?" Avoid answering their inquiries directly.

3. Stay Informed: Keep an eye on your credit card statements and phone bills. Regularly review them to ensure there are no unauthorized or suspicious charges.

#SettleWiseStance – Remember, knowledge is your best defense against phone scams. By staying informed and cautious, you can help protect yourself and others from falling prey to these deceptive tactics. Your vigilance is your shield against those who seek to exploit your trust. Let us know what kind of Scams you encounter.

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