Category Archives: Education

Surprises Finally Announced! – D Magazine Best Wealth Managers, Thirteenth Consecutive D Magazine Best Financial Planner – Wharton Guest Host Sirius Satellite “Live” Your Money, National Show

For those in Dallas, be sure to grab the latest D Magazine off the shelf …

The picture was taken in front of our Building and it came out great … less Grey showing in Your’s Truly this time…

Knowing that what we do is a team effort makes for a wonderful appreciation that the team is included in this award …congratulations guys!

D Magazine Best Wealth Managers

2019 Final Approved Dmagazine Best Wealth Manager

 

 

 

D Magazine Best Financial Planner

Very proud to have the team included above and also honored to be nominated for the thirteen – yep – thirteenth consecutive time… maybe the Gray was hiding..haha

Best_Financial_Planner 2019

Sirius Satellite Live Guest Host Wharton School,Your Money with Kent Smetters

When it rains it pours…. wish we could have spread all of this fun out over more than a day …

Last night I was honored to co-host a one hour live radio show with Wharton Professor, Ken Smetters on Sirius radio, channel 132 – re-runs will occur all week from 4-5 Central time if you are so inclined…

Sirius radio restricts prohibit us from recording or replaying any portion of the show!

The show is always fun and gets the adrenaline flowing as the fitbit surprising shows no increased heart rate… sure felt like it !

JK Sirius

Have a Great “Surprises Finally Announced” 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

Save the Date Reminder- An Unusual Holiday Date – Thursday November 14th from 6:30 to 9 pm – We have the Entire Perot Museum for the Evening – Cool

After clearing/adding coverage for our Insurance for the event ….

Signing a few contracts that says we are not a crazy group ….

Getting security guards for the event …

Establishing our Parking Area…. it’s very close parking

Finalizing the entire building for our use only …

Working on food options … not finished yet, but will have same group as the Arboretum two years ago….

We are happy to announce:

SAVE THE UNUSUAL DATE

We have secured the Perot Museum for the night of Thursday November 14th from 6:30 to 9 PM – yes the Perot Museum for our use only … for an exciting educational experience for grown ups and kids!

Turn up the volume, cool theme music!

Click Here for Direct Link to Video

6-20 - 19 - Perot images - Outside (night)

 

The date is a function of popularity and costs ….

We know it is a bit earlier than usual, but we thought the venue worth the unique date …

We hope you can make it, should be fun!

Watch for Invitations …

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

 

 

Student Loans, History, Growth, and Interesting Facts….

With College Funding coming in at # 2, just behind retirement planning, as the most important Financial Planning topic … we watch the various statistics, public commentary and rules for trends, advanced planning techniques and rule changes that may be positive or negative in the coming years.

The History of Student Loans

The Federal Government began guaranteeing student loans in 1965. Here is our best found article on the complete history.

As a hot topic for any presidential administration, various laws have been passed since 1965, in most cases enhancing the ability for students/parents to obtain loans. Unfortunately, tuition costs have risen at a dramatic rate as well … a possible topic for another time.

Total Student Loan Statistics

The following chart from our friends at the St Louis Fed (FRED) shows the much spoken about total bulging student debt … often times called a crisis… yes, it is a large number and growing, but before you take a stance, we have more for you…

In our minds, student debt is one of the most acceptable debts from a Financial Planning perspective … yes we would prefer NOT to have any, and planning in advance helps this fact, but there are always situations where it is just not possible. Loans for higher education gives many the best opportunity for longevity of happiness in a career they may not otherwise had access…

Parents we would argue not sacrifice retirement for college funding, but we know there are many strong feelings on this topic…

Total Student Debt

9-10-19 Total Student Loan Debt

Total Burden Per Person By State

This chart from our friends at HowMuch.com started the wheels turning for this article…. and is a per person debt load in each of the 50 states.

9-10-19 america_student_debt_by_state-40fe

An Interesting and Important Statistical Chart

Student Debt is large, and clearly growing, however, much to our surprise, the growth rate of student debt has slowed dramatically in recent years….

9-10-19 Student Loan % change yr over yr

This chart is the percentage change year over year in student loans, note the super high mid teens growth during the great recession … not a surprise given the lack of job opportunities at the time.

Happily the growth rate has steadily declined post great recession.

Have a Great “Student Debt Update” 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

Save the Date – An Unusual Holiday Date – Thursday November 14th -We have the Perot Museum for the Evening – Cool

After clearing/adding coverage for our Insurance for the event ….

Signing a few contracts that says we are not a crazy group ….

Getting security guards for the event …

Establishing our Parking Area….

Finalizing the entire building for our use only …

Working on food options … not finished yet, but will have same group as the Arboretum two years ago….

We are happy to announce:

SAVE THE UNUSUAL DATE

We have secured the Perot Museum for the night of Thursday November 14th from 6:30 to 9 PM – yes the Perot Museum for our use only … for an exciting educational experience for grown ups and kids!

Click Here for Direct Link to Video

 

TheBuilding-06

The date is a function of popularity and costs ….

We know it is a bit earlier than usual, but we thought the venue worth the unique date …

We hope you can make it, should be fun!

Happy Happy Summer Friday!

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

 

 

Five Charts on How Money Moves Around the World

Graphs always seem to make things clearer and easier to read, at least in our opinion….

What follows are five charts of how money moves on various continents from our friends at Howmuch.com

Are these cool or what?

Global

remittance-flows-around-the-world_world-(1)-7f50

 

Transfers

remittance-flows-around-the-world_Americas-c5b5

 

Europe

remittance-flows-around-the-world_Europe-1b35

Australia

remittance-flows-around-the-world_Africa,-Australia-d2b9

Asia

remittance-flows-around-the-world_Asia-9708

Not only does news travel extremely fast these days…. money does too!

Have a Great “World Money Flow” 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

May 2019 Podcast Video, Financial Planning and Capital Market Update – By John Kvale

Hello and Welcome to our May 2019 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 format as well as Video!

Newbies – We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

May – 2019 Video

Financial Planning Tip (s) –

Why Reading the Fine Print is Still Important

img_2797

Here in this post we discussed the need to keep an eye out for tricksters as the still find their ways into our lives…. this post was created after stumbling on to an offer of 99% annul charges on what looked like a request for a donation to a charity… can’t make this up.. even took the blurry (bad photographer) picture for proof…

 

Sharpening the Saw – Personal Income Tax Bracket Review

In our Sharpening the Saw post here, we posted from a local conference we were attending and grabbed our favorite Tax Chart as a reminder of the new tax law changes.

This chart, which is also making an appearance in the Q 3 Newsletter is a great review/update on the new tax brackets, especially those who are retired:

Tax Bracket Chart

 

Capital Market Comments –

Yield Curve Inversion is back, as we had a brief few days in March, but as of the end of May we had a much more distinct inversion with the 10 year at 2.15% and the 90 day near 2.40%-

The following chart is from our own trading system and is the 10 year yield less the 19 week yield or the equivalent 90 day yield… the black line marks the zero point – anything below the zero is inversion !

6-2-19 10 year versus 13 weeks Rate - Thinkpipes

It’s inverted now for sure…. Again, LOT’s more to come!

Have a Great Day – Talk to you at the end of June!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
street-cents

April 2019 Podcast Video, Financial Planning and Capital Market Update – By John Kvale

Hello and Welcome to our April 2019 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 format as well as Video!

Newbies – We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

April – 2019 Video

Financial Planning Tip (s) –

Source of Funds Entrance Into Capital Markets

Here in this post we discussed the possible ways to most comfortably enter new capital into the Capital Markets.

Super Safe sources of capital may be best suited for an entrance over time, while funds coming from the Capital Markets, may go directly back into the Capital Markets, especially if risk reduction is also part of the allocation.

Over a 5 – 10 year time frame it does not matter, but why twist an ankle in the short term!

Social Security Event – Questions

Wow – all of these great questions were sent to us for our Event this month…. all were answered, if not directly, indirectly.  We look forward to sharing actual audio (Tom speaks very fast and covered a lot of ground) from the event in a multi-part post series over the summer months! DCIM100GOPRO

 

  1. Last time we spoke you were VERY certain Social Security would be there for all of us upon retirement – With all of the changes, do you still feel this way?
  2. Can you explain the divorced verses divorced and remarried benefits?
  3. Have you ever heard of someone being offered a lump sum of retroactive Social Security benefits?
  4. November of 2015 ushered in new laws and changes, are there any neat techniques that survived?
  5. Can you explain non US citizen spousal benefits?
  6. We have been told many of the benefit statements are not always accurate, understating the actual eventual benefit, has this been your experience?
  7. How much can I earn and not receive penalties if I retire before my full retirement age?
  8. The Full Retirement Age keeps being pushed out, will this continue? Is there a schedule?
  9. How long do I have to report my Social Security earnings if they were not reported by an employer?
  10. For many years I did not draw on an ex-spouses earnings by accident – using only my earnings benefit, can I request some sort of look back to get my full benefits?
  11. If want to change my Social Security election decision after I made it and have been drawing benefits, Can I do that?
  12. Do I have to take Social Security Benefits ? What if I do not want to?
  13. Is it better to sign up in person or use the website, or does it matter?
  14. My wife is not a US citizen, does that affect her spousal benefits?
  15. Will Social Security always be there in your opinion?
  16. What percent of people take benefits early, at full retirement age and as late as possible?
  17. I am 65 and working with a good healthcare plan. I wasn’t going to sign up for Medicare until after I retire. However I am told a Medicare Part F; a supplemental plan eliminating deductibles, will not be available after 2019; Should I enroll and sign up for Part F?
  18. I was married for more than 10 years to a high income earner, if I get remarried to my new spouse who is not a high income earner, will I give up benefits?
  19. Have you seen any of the on-line Social Security Optimization Programs? If so, any you like better than others? (From JK)
  20. What are your thoughts about an income based phase out of Social Security in the future? Much like the penalty for W-2 income and having started early Social Benefits ? (From JK)

Capital Market Comments –

Happy Again

After throwing a Hissy Fit near the end of 2018, “Everybody Is Happy” again !

This is a total index chart, note that it has not reached new highs yet, however many other indexes have.

Let’s not forget that we DID have an inverted yield curve which is a great predictor of a pending recession …. only the Shadow knows when! We have our eyes peeled!

4-29-19 Vanguard Total World Index Fund

 

Have a Great Day – Talk to you at the end of May!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
street-cents