February 2016 Video, Monthly Review, Tax Tip By John Kvale

Here is month two of our New Formatted monthly review along with a short video that goes into greater details. Hope you are enjoying!

 February 2016 Video

 

Financial Planning Tax Tip and Updates

As noted here, we had our first incidence of fraud in February. Be sure to keep your guards up.

Our favorite tax savings ideas that still work for last year (2015 taxes):

Taxes

  • Itemize your standard tax deduction
  • HSA- Health Savings Account
  • Fund an IRA
  • Simplified Employee Pension – SEP deduction/contribution against non W-2 income (1099)

 

Politics: Trump V Hillary ?

Should be interesting as we get into the big states in March …

Favorite Quote from Ian Bremmer ..Ian_Bremmer,_2014

On visiting with 20 of the top 100 CEO’s in Davos, EVERY single one told Bremmer …

“Our company will make no major changes whoever is elected President later this year !”

 

Capital Markets: Support and Resistance

While the headlines and the ride has seemed wild from a market perspective so far this year, the reality is that US markets are bouncing back and forth within a very defined range.

The bottom of this range is a very distinct 1810 (stopped twice, right on it, and turned around) on the S&P 500 with the upper as marked in the chart.

Is the third time a charm? Very possibly ..

2-29-16 SP 500 chart w H Resistance lines

 

Have a Great Day!

See you again at the end of March !

John A. Kvale

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225

 

 

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