Category Archives: Clients/Clients Only

The Fun Part of Happy Enthusiasm …. Friday

On Wednesday of this week, an entrance into the office garnered Jen’s computer running a virtual visit along with Q&A’s on the Merger….with her taking notes on important updates and points..

Donald “The Brain” had just gotten off of a research call and was crossing the Teams Chat with a couple of updates and thoughts…

Early that morning on the way out to start a jog, a neighbor, fellow advisor and long time friend pulled up in his vehicle…. We both had to lower our volumes, he was listening to a financial podcast and I had one going via my cell on my Air Pods….

It is fun, lucky and very gratifying to have such enthusiasm and great experiences with what we are lucky enough to call “Work!” But that is not really the correct description….

Of course, it is not all puppy dogs and rainbows, but is most of the time! Thanks to you guys….

Today is a Friday …. Enjoy your day and your weekend…. Talk Next Week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

From Our Friend Peter Diamandis – “The People Environment and Media that Shape Our Mindsets”

Literally during the weekend of Newsletter writing/dictating/thinking… our friend Peter Diamandis nice blog hit our in box during a break from the writings….

We are really big fans as long time follower may know, these first two writings were done in 2015 after seeing Peter at a convention, prior to reading several of his books see our writings: HERE (2015), HERE(2015), HERE, HERE, HERE, HERE, and finally HERE

From his blog as follows:

THE PEOPLE, ENVIRONMENT & MEDIA THAT SHAPE YOUR MINDSET

Here are the high points from the blog, but the above title is hot linked to the post…

1. Who You Hang Out With… Your Community

Have you heard the saying that you’re the average of the 5 people with whom you spend the most time? 

Curating your social group, who you’re hanging out with and who you’re having conversations with is critical. It’s one of the most important investments you can make in training an optimistic and Abundance Mindset—it shapes who you are and who you’ll become.

2. Your Physical Environment

The second key element that you can control as you develop your Abundance Mindset is your surroundings—everything from the music (harping on the 15 year old on this one) you listen to and the brightness of you room, to what you hang on your walls.

3. What You Watch & Read

Let’s now turn to the third element under your control—what you watch on TV or read in the newspapers.

Our version of this, is Breaking News… but you guys get the point….

Thanks Peter for a great rest from a lot of authorship this weekend!

Have a Great “Refreshed by Peter” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

ES Tax Payment 3 for 2023 Due Next Week! Merger Helpers, Thanks for all the Help!! Newsletter Begins… Friday …

It is that time again…. Unlike last time, this was a full 90 days…yay

Electronic Payment of ES Taxes

Here is the IRS tax website link, which is very easy to make electronic estimated taxes. Be sure to follow the instructions carefully as there are a lot of different options for making payments to taxes, and be sure to carefully enter your personal information so the IRS knows it’s you.

We recommend you do this electronically if at all possible….

If you really need to pay via paper…

Here are the IRS ES Payment instructions pdf – the following Coupon is included in the instructions.

Special Thanks – Merger Helpers You are the Best

Clients, Friends, family and even a spouse (Mrs. was tossed under the verbal identification bus — better her than you guys- nice dinner payback- haha, not kidding, and an apology)

THANK YOU SOOOOO MUCH…

As mentioned Wednesday the Merger went spectacular…but we are still learning the ropes and you guys are bringing us up the learning curve quickly!

Two Suns Merging for those asking!

Newsletter Begins

Knowing my editor is a regular reader…. the Newsletter begins in full form this weekend…We have articles that hit the cutting room floor from last quarter and some great continued thoughts as well from last Quarter… let the creative juices flow!

Have a Great Friday, Weekend and Talk Next Week!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Clients – Y2K it is…. Merger goes GREAT – Old Theme Leads to Weak Link Here at street-cents.com … for the Moment …

For those that do not recall all of the worry over Y2K – the turn of the century that was alleged going to cause all computers to break, leading to water, power, and entire city lock downs… allegedly…

As most of you may or may not know because it was such a yawner and no problems… it went off without a hitch…

Schwab Merger goes GREAT

As mentioned here, Donald the Brain was on call and handled the review a few hours early on Sunday … The websites came up hours early for Donald and almost 24 hours early for everyone else… not that we were checking, but we were…ha

Most all of the very minor hiccups so far are related to Account Linking/Viewing…. And those are mostly related to differing Main Social or Tax ID numbers … We are working through these, but rest assured we see EVERYTHING from our perch just fine and have access to all the money movement we have before…yay

Let us know if you have not already and are in the camp above… we are learning/Fixing as we find the ones that are missing…

With 7000 advisors and 3 millions accounts, a win… in our eyes…

Going to need a new Link – Jaws parody here

Oh…. Before we go, right here at our blog- http://www.street-cents.com the base template has been retired…so the link (to Account View only) on the blog is old, but not to worry… new template is in the works….

Thanks for everyone’s patience, kind words, encouragement and compliments… You guys are GREAT!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Preview of a Big End of Summer Weekend … Donald “The Brain” At it again, Possible Helper in the Merger … Second to Last Unofficial Friday before Summer’s End …

Next weekend is a biggie….

Labor Day Weekend…

TDA/Schwab Merger …

Oldest Kiddo Leaves for College…likely some tears, but again all part of the process…

Did We Tell You Donald The Brain is at it Again?

Long time followers know that Donald has been an integral part of some of the very sophisticated software used by us, our Platform Vendor (TDAmeritrade – soon to be Schwab) and many fellow professionals ….

While he may be giving up some of his well earned weekend – Sunday over labor day – it is an honor and a privilege and somewhat comforting to know he may be one of the very few, if not only actual advisor running his specialty knowledge of the afore mentioned software to make sure it is working for all of the new larger Schwab !

Nice to be asked- With three little ones (getting bigger by the day) we appreciate his possible weekend sacrifice, as many who likely have no idea, are likely to benefit…. Good Carma – stuff here!!

Ahhhh…but that is all next weekend…

Today is a One Last Friday BEFORE the last Friday of unofficial Summer…. Enjoy and spend time with those special… it goes fast!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Last Friday Before School Start for our Gang(s) – Clients/ Clients Only – Soft Green Light to Set up Schwab Account Credentials but no data yet – Examples of Which View is being Replaced!

Happy Friday !

This could be debatably one of the saddest days for the 15 year old… as he said, “Last Free Friday!”

Next week, Tuesday to be exact, the first day of school starts for him… Not to worry, not behind the wheel yet…so streets are safe… All others at the office are on a similar schedule, but not even close to driving ..ha

Soft Green Light to Create our New Log In

The time has come to set up our new Account View to the Schwab Portal – With various platforms that many use, please take note of which if at all, log in we are replacing….


Many do not use any of these log ins… so you are off the hook!

This is only needed for those that use the following log in:

Or from your handy Cell – Looks like this:

Once into your regular view, please follow the new log in instructions to set up the credentials… Again, only a soft Green Light on this!

Here is what the splash page for the new credentials site looks like, with the highlighted area for New User!

The soft Green is because there have been updates to make this simple, so if you have any trouble, please reach out! Don’t Stress at all!

Have a Great “Last Free Friday – Or coming Freedom Friday for those delivering to school” Day and a Great Weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Fantastic Client Questions on the TDAmeritrade Charles Schwab Merger … Friday

Thank all of you for great questions concerning the TDAmeritrade Charles Schwab merger, again happening over Labor Day Weekend, September 5, 2023!

As usual, you guys (clients) have done a spectacular job of asking terrific questions… In a hunch that many may also have similar questions, we wanted to go over the repeats here for everyone… thanks again!

  • This merger effects our (J.K. Financial, Inc and the Gang and You) in no way! We are not going anywhere and have all the same capabilities… yay.
  • While you may have received emails, paperwork and correspondence (legal stuff), there may be more… NO ACTION needed! yay
  • This was only a merger of two financial companies (vendors to be exact i.e. Platforms for handling financial assets), not instigated by us.
  • A new on line portal will be used and new account numbers issued (bet you cannot name either of these of the top of your head now? being silly, but serious too!) We will be all over everyone on theses as they are made available…
  • Monthly deposits and draws will remain the same and all instructions will be the same! yay
  • Of course there may be hiccups, there always are, but as you guys know, we are on it and will get any problems fixed .. FAST!

As a side and likely comforting note, this week we began seeing accounts from both sides of the table….. not taking anything for granted and very pleased with the process!

Ahhhh….but today is a Friday, heading into another Wonderful Weekend… take time to enjoy and breath the fresh air if the feelings fit!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Second Quarter 2023 Review, Dickens Best and Worst of Times , Party Like its 1999 !

Dear Investor:

As we say goodbye to the end of the second quarter, the middle of the year is currently right before us, and remarkably interesting cross currents abound.

“It was the best of times; It was the worst of times.”

The Charles Dickens old favorite seems like a good quote given the cross currents at our mid-year review and more importantly forward-looking possibilities.

It is no secret that interest rates have risen dramatically, actually on a percentage basis fastest ever, quoting our Q3 2023 Newsletter and main lead article. What is most interesting is the continued stamina of the US economy given the FOMC (Federal Open Market Committee) chaired by Jerome Powell gigantic attempt to slow the US economy in bludgeon hammer like format, with the afore mentioned higher interest rates.

In true what is old is new again “Higher interest rates for longer” again a terrific article in our Q3 Newsletter.  What was once a necessary evil of stability, (fixed income/bonds), is possibly the most pleasurable fixture in our investment house. Now that the preponderance of interest rates hikes is likely far behind us, the hard work is done, and the reward of higher income with lower volatility is looking forward!

Partying like it’s 1999

The vast majority of stocks are adhering to Powell’s desires and at best treading water, at worst admitting defeat. Similar to the dot com (.com) times of 1999, Artificial Intelligence aka AI is the sexy theme of the moment and has put jet fuel on a small handful of company stocks.

Just like lightning, markets rarely tend to repeat, but they do rhyme, and while our hope is that this is not the.com 1999 party, our radar is certainly up.

Referring to our Q3 Newsletter one more time, there seems to be stimulus, just like the candy for the kids at the pool, that has not worked its way through the system. We continue to find more evidence of this and call your attention to the “Slower for longer Article” again in our newsletter.

While cautiously optimistic, we are happy not to be swinging for the fences investors and look forward to how this economic book is finally written!  Time will tell and is our Friend.

Thank you for your time talk to you in the fall,

Sincerely,

John A. Kvale CFA, CFP

Enclosure (2023 Report)

Summer Friday before Oddly Dated July 4th Holiday ! Office Hours – Lonely Monday …

Today is a Friday heading into an almost exact middle of the summer school holidays for those of us here in the South….

Tuesday July 4th Holiday – National Holiday – Everything Closed Tuesday

Next week, due to an odd Tuesday wonderful Fourth of July National Holiday… poor Monday is stranded….

Lonely Monday will likely garner very skeleton crews with mostly dreams of sparkled skies… Not sure when the actual celebrations will be – but Monday will stay lonely none the less…

Office Hours

Our office will be close with very light technology tether as well… not doing much for the lonely Monday … but oh well… Mid-Year work will be performed even if you do not see/hear from us….

Ahhh….that is all next week, Enjoy your Friday – talk Mid week next week!

Have a Great “Friday and Happy Early Fourth of July” Cheers!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents