Welcome to our Video and Audio Podcast Review of our Q 2 2019 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.
Click Here for direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page
Let’s get going!
Q 2 2019 Newsletter
And here is your review!
Capital Market Talk
Recession and the Inverted Yield Curve
Ask any long distant runner what happens when they start out too fast and they will tell you it is not good new – The saying goes for every minute you go out too fast, you come back two minutes slower than normal…
In our main capital market article we discuss the reasons why we may have a recession by definition, but why it may not be a big deal (hopefully).
The Inverted Yield Curve (Short term interest rates higher than long term rates) and infrequent event, did occur for five days – so far – just after our Newsletter went to the publisher. The Inversion has been a good signal of recession, EVENTUALLY – some times as long as two years in advance.
They Don’t Want Your old 401k
A recent Cerulli study finds that once you leave the company, most really do not want your funds anymore. We have long suspected this.
- Frequently a short wait time turns into a long wait time with a different and much more general help line.
- Forms may be much more difficult to acquire.
- Paper work received, saying take it or we will distribute it and you will have taxes and penalties.
- Rolling over into an account that is TERRIBLY hard to get out and has hurdles to jump through, high monthly service charges as well as limited investments, if any.
- A general feel of everything is hard to do, once again explaining the Cerulli study results.
Are a few items we have run into over the years!
Iron Clad Trustee
General order of Trustee or other important people to execute your wishes when you are incapacitated or deceased, generally go like this:
- Spouse
- Sibling
- CLOSE friend
- Similar Aged Relative
- Grown Children
As we can all imagine, this list can easily be very short and insufficient.
In our deep dive of the Institutional Trustee Services, we discuss the handiness of having such a great service as well as the ability to offer these services ourselves.
Choose Your Beneficiaries Carefully
In this article that fit nicely with our Trustee article we mention different types of Beneficiaries and most importantly. Make sure you confirm that your beneficiaries are correct as this will over ride you other documents, including a Will or Trust.
We hope you enjoy … talk to you in the Summer!
John A. Kvale CFA, CFP
Q 3 2019 Newsletter Video Audio Podcast Review By John Kvale
Welcome to our Video and Audio Podcast Review of our Q 3 2019 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.
Click Here for direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page
Let’s get going!
Q 3 2019 Newsletter
Click for PDF/printable version of Newsletter
And here is your review!
Why We Write!
Here we are again:
We had planned on leaving this out due to repeated appearances here in our blog and in the Newsletter – but in true “Break In” like format, as this post is completed and the video – hopefully the local wifi is strong enough for uploading … the time is spent in Austin Texas at this moment in another rain delay- the same exact place the original article was written!
Tax Talk/Review
Change Likely the New Normal
After two decades of only minor changes in the Tax Law… it was overhauled and many changes were made that were reflected in our 2018 tax returns.
This neat chart is a nice reminder of the current brackets and can be helpful in income distribution tax bracket management.
Inverted Yield Curve Update
This chart featured in our Newsletter is a slightly different term comparison of the 2 year (we like the 90 day) versus the 10 year, but a wonderful historical view of inversions and recessions. We have fully inverted for over a month now and if we use this historic guide as our yardstick a recession would be in the cards mid year 2020!
Social Security Update
We have begun a detailed review of the late spring event and it is going great. Weekly we dissect a section of Social Security Expert, Tom Clark’s presentation and give handy links to greater details and explain in bullet fashion the main points. Here is a link to the Audio on a special page here at our blog and you can also click here for a link that will pull up each complete post!
There are tons of nuances regarding Social Security, Disability, Death Benefit and Medicare decisions…we look forward to discussing many more with you as the summer weeks occur!
We hope you enjoy … talk to you near the end of Summer!
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
www.street-cents.com
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Posted in Audio, FOMC, General Financial Planning, Interest Rates, Investing/Financial Planning, John Kvale, Market Comments, Medicare, Newsletters, Personal, Social Security, Tax Related, Vault, Video
Tagged Inverted Yield Curve, Password, Recession, Retirement Tax Rates, Tax Rates, Why Write