AI Content Authenticity: All of the following written content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note so when used.
Break In: Note this new comment about AI – This also is one reason we had our Family Password post – AI is changing things quickly, better safe than sorry!
Hello and Welcome to our February 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!
February 2024 Video
YouTube
Financial Planning Tip(s)
Emergency Fund Part 1 and 2 – Whew – 2 Personal Stories!
Two reminders (personal this time) of why the Emergency fund is just so darn important…
Here in Part 1, the Mrs. Car was smacked, after a careful parallel parking job – high road is that whoever hit did not know….
Tossing Part 1 to the back of the cerebrum, Part 2 – The House is on Fire! – Jumped to the front of the line for thankfulness of the Emergency fund… and a reminder of the need for a good Emergency Fund when also having high deductibles…which we are big fans!
Capital Market Comments
Conference Notes: Private Wealth Texas Forum
Midmonth a slightly less than enthusiastic attendance to an All Day conference was completed…. Thankfully, just like going to the Movie with low expectations, a nice surprise was in store….
Here are the high points from a very large swath of speakers:
Cautious Optimism – Most all speakers were fairly positive, but being actual fellow managers, well aware of the unique economic situation the US Economy is going through and multiple voiced a possible sharp market adjustment due to higher interest rates and Geopolitics
Current loan/Debt Financing – With rates much higher than just 18 months ago, not surprising, a general concern of how commercial loans (3 year terms) will refinance is an unknown concern
Inverted Yield Curve – Only one of the about 20 speakers, brought up the abnormality of the sustained inverted yield curve, and expressed the need for normalcy sooner rather than later, a major concern from our perch…. Has it been so long we have all forgotten?
Unanimous thoughts on Concentration – Being a seasoned group, it was not surprising for the subject matter of concentration of just a few stocks controlling some of the major indexes being an issue… Only one of the speakers embraced with all others warning… Time will tell…
Have a Great Day, Talk to You at the End of March!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
