Back to Basics Series – Investing – KISS (Keep it simple silly)
In our continued fun “Back To Basics” Series here we discuss Investing our next to last in the series … and just Keeping it Simple in doing so….
From the post:
While many analysis dig so deep into investments that it makes your eyes glaze over, there are really two important parts of investing. KISS – Keep is simple silly
1. Save as much as you possibly can, and s early as you can.
2. Make sure your allocation above is such that during rough rainy times, a.k.a. slowdown/recession you do not eject and sell. Our human nature of fight or flight will take you out of your investment portfolio at exactly the wrong time if you are over allocated to risky investments.
A true, made as succinct story of a mom having multiple increasing offers of her teenage seniors late model car after being told it was totaled caught a nerve….
We received comments from across the country, many of folks we do not even know, but chimed in to give their two cents worth….
Maybe slightly controversial …. for the record we try to stay away from too much drama as there is enough roaming around the airwaves, but we could just not resist this true story!
Trust but verify those used car offers!
Capital Market Comments
Atlanta Fed Predicts Slowdown – The R Word
Literally in the last week of the quarter, out pops an updated research report from the Atlanta Federal Reserve called their GDP Nowcast…
After holding strong at a 1% Q2 2022 GDP estimate for some time, new data entered into their model dropped the estimate WAY down to -2.1% for their most recent estimate…. see far right green line of the graph….
If correct, this means the US is officially in a recession already!
We will talk much more on this soon, but for the record we were very surprised at much of the Wall Street Reaction to this report, most notably interest rates, which went down dramatically!
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
Background
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.
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June 2022 Financial Planning and Capital Market Review – Investing KISS – Atlanta Fed GDP Nowcast – By John Kvale CFA, CFP
Hello and Welcome to our June 2022 … 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!
Newbies –
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets thoughts and current events!
Hope you enjoy!
June 2022 Video
YouTube
Financial Planning Tip(s)
Back to Basics Series – Investing – KISS (Keep it simple silly)
In our continued fun “Back To Basics” Series here we discuss Investing our next to last in the series … and just Keeping it Simple in doing so….
From the post:
While many analysis dig so deep into investments that it makes your eyes glaze over, there are really two important parts of investing. KISS – Keep is simple silly
Shady Used Car Offer –
In true musician like unknowing of a popular song… Our post here of a shady used car offer turned out to be a hit…
A true, made as succinct story of a mom having multiple increasing offers of her teenage seniors late model car after being told it was totaled caught a nerve….
We received comments from across the country, many of folks we do not even know, but chimed in to give their two cents worth….
Maybe slightly controversial …. for the record we try to stay away from too much drama as there is enough roaming around the airwaves, but we could just not resist this true story!
Trust but verify those used car offers!
Capital Market Comments
Atlanta Fed Predicts Slowdown – The R Word
Literally in the last week of the quarter, out pops an updated research report from the Atlanta Federal Reserve called their GDP Nowcast…
After holding strong at a 1% Q2 2022 GDP estimate for some time, new data entered into their model dropped the estimate WAY down to -2.1% for their most recent estimate…. see far right green line of the graph….
If correct, this means the US is officially in a recession already!
We will talk much more on this soon, but for the record we were very surprised at much of the Wall Street Reaction to this report, most notably interest rates, which went down dramatically!
Have a Great Day, Talk to You at the End of July!
John A. Kvale CFA, CFP
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