Hello and Welcome to our February 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!
Break In – Cool New Feature – In the past we have done our videos on YouTube and this video will also be on our Channel there, however, we have added new features to our site here, that allows us to embed the video here, AND you will not get hit with tons of advertising after the video…. hope you enjoy!
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!
Hope you enjoy!
February – 2020 Video
Financial Planning Tip (s) –
All About the ETF (Exchange Traded Fund)
In an abbreviated three part series, a preview to our extended Q2 Newsletter Article, we discuss the origination of the very first Index ETF called SPY nick named the Spider and then the proliferation, and finally in part 3 of our series the dangers of non liquid ETF’s during stress,… never knowing stressful times were just around the corner.
Here are links to each post:
Capital Market Comments
This is a year to date graph of the S&P 500, Dow Jones and the Russell 2000 (Small Companies) indexes.
A silly but true Wall Street Saying comes to mind…
“Markets Go Up on an Escalator and Down on the Elevator!”
We left a different chart off because it looks more dramatic and there is enough drama around the Virus and Market Reactions.
Couple of Interesting Statistics for you to keep the perspective
- So far this season, 60 Million people in the US have contracted the flu (CDC)
- So far this season, 14 thousand people in the US have died from the flu (CDC)
- There are 22 – yes TWENTY TWO confirmed cases of Corona Virus infections at this time
- One death from the Corona Virus
- Capital Markets are where they were just 4 months ago – We got back there fast… see saying above
Possible Chance – All time 10 Year Treasury Low
The chart below is of the 10 year treasury yield, which loosely correlates to Mortgage rates…
This is an all time low!
We would wait a little before actually taking action, as the swift movement down in rates is likely not reflected yet- but get ready….
Touch base with your Mortgage Professional or us –
Consider Lowering and Locking any fixed rate mortgages or loans!
Here is a Detailed Article on our Thoughts
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