Hello and Welcome to our October 2020 Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!
Hope you enjoy!
Financial Planning Tip (s) –
Social Security COLA Increase 1.3%
Social Security, one of the few Pension Like Benefits that has a Cost of Living Adjustment (COLA) announced an annual increase – there is not always an increase … which we discussed here in this post with links to the announcement for those wanting more detail!
Possible Realizing of Capital Gains
With year end tax planning in mind, here in this post we discuss the possibility of realizing Capital Gains if your are on the fence and may be thinking of pushing gains out to next year…. this with approval and knowledge of your tax professional – let’s not get reckless!
Capital Market Comments
Election Outcomes and Market Reactions
Here in this post we carefully tip toe into the Election outcomes and possible market outcomes ….
Hanging Chads – No one is elected and a lengthy battle ensues – In our minds, most Market disruptive – Participants dislike uncertainty
Clean Sweep Either Direction – This may surprise you, but participants generally favor a partial party political holding
Partial Party Holding = Inferred from the points above – Partial party holding in either direction is likely least market disruptive
Have a Great October Update!
Talk to you at the end of November!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth