Category Archives: Personal

Milestone Passed, Over 2000 Posts – Wow !… Hopefully We Continue to Get Better … Friday

Just by chance, the stats portion of our blog site here at http://www.street-cents.com popped up and there was an official new front digit on the posts….

Well over 2000 posts…. WOW…. Can you believe we have had that much to say? … Be Nice…haha

Where Viewers Reside

Pretty much all over the world…. Isn’t technology neat!

Who knew Alaska likes us so much??

Actual Breakdown of Countries

United States 49056 India 1254 Canada 1168 Germany 1036 Netherlands 952 United Kingdom 947 Brazil 655 China 607 France 546 Philippines 438 Australia 405 Japan 322 Russia 249 Hong Kong SAR China 231 Ireland 220 Italy 200 Belgium 184 Singapore 174 Switzerland 156 United Arab Emirates 143 Finland 142 South Africa 142 Malaysia 141 Bangladesh 138 Pakistan 136 Thailand 126 Spain 124 Sweden 122 Indonesia 111 South Korea 110 European Union 105 Taiwan 98 Turkey 96 Ukraine 92 Mexico 81 Denmark 79 Saudi Arabia 79 Poland 77 Israel 75 Ethiopia 75 Austria 75 Czech Republic 73 Norway 64 Portugal 62 Greece 55 Nigeria 52 Romania 50 Argentina 49 Sri Lanka 46 Slovakia 44 Hungary 41 Ecuador 41 Chile 39 Colombia 37 Egypt 36 New Zealand 35 Uganda 33 Qatar 33 Luxembourg 30 Croatia 30 Peru 29 Bulgaria 29 Zimbabwe 26 Kenya 23 Vietnam 23 Kuwait 22 Puerto Rico 22 Venezuela 22 Serbia 21 Ghana 20 Mauritius 19 Morocco 19 Estonia 17 Oman 17 Nepal 15 Georgia 15 Bahamas 14 Costa Rica 14 Jordan 12 Slovenia 12 Jamaica 12 Albania 12 Myanmar (Burma) 12 Cyprus 12 Tanzania 10 Trinidad & Tobago 10 Honduras 10 Malta 10 Togo 9 Cambodia 9 Bahrain 9 Tunisia 9 Lithuania 9 Angola 8 Uruguay 8 Iceland 8 Guatemala 7 Latvia 7 Macedonia 7 Rwanda 7 American Samoa 7 Lebanon 6 Algeria 6 Brunei 6 Belarus 6 Namibia 6 Dominican Republic 6 Zambia 6 Azerbaijan 6 Bosnia & Herzegovina 6 Paraguay 5 Micronesia 5 Cayman Islands 5 Afghanistan 5 Moldova 5 Fiji 4 Mozambique 4 El Salvador 4 Bolivia 4 Barbados 3 Uzbekistan 3 Kazakhstan 3 Curaçao 3 Mali 3 Bhutan 3 Seychelles 3 Panama 3 Nicaragua 3 Papua New Guinea 3 South Sudan 3 Laos 3 Palestinian Territories 3 Iraq 2 Madagascar 2 Guam 2 St. Lucia 2 Mongolia 2 U.S. Virgin Islands 2 Syria 2 Bermuda 2 Malawi 2 Sudan 2 Jersey 2 Macau SAR China 2 Gibraltar 2 St. Helena 2 Botswana 1 Guadeloupe 1 Andorra 1 Liberia 1 Libya 1 Dominica 1 Sierra Leone 1 Haiti 1 Cape Verde 1 Cameroon 1 Guernsey 1 Senegal 1 Gambia 1 Guyana 1 Caribbean Netherlands 1 Mauritania 1 St. Kitts & Nevis 1

Ahhhh…. 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

Local Used Car Shady Offer Real Life Story … Beware!

So we all know the prices of used cars have gone up dramatically and there is a lack of inventory.

For the record we’ve been following an index that is showing the prices are finally beginning to roll over, the Manheim index… digressing…

Shady at Best, Rip Off at Worst

One of the largest, and maybe former most prestigious major auto dealers in the Dallas Texas area was responsible for the following actions:

Mom of a high school seniors’ late model car takes the car to the aforementioned dealership due to an instrument light giving a check engine warning signal.

The formerly reputable dealership does a so-called detailed analysis of the car, only to return with the horrible news that the motor is completely shot and the car is worthless.

But wait, the dealer offers to gladly take the high school seniors’ late model …and only form of transportation off of his mother’s hands for $4000.

Disturbed by the whole situation and uncertain as to which direction to go … mother returns the allegedly ailing car back home to plan an appropriate path forward.

About 7 to 10 days later, plans still uncertain… the dealer calls and has an increased offer of $6000, out of the kindness of their heart.

Still with no plans for a replacement, no movement by the mother or family!

In an “You can’t make this Up Moment”, about a week later a new offer of $10,000 was made from the same dealer, once again via phone call!

With an offer of well over twice the original offer, a second opinion for the alleged ailing car was in order.

A trip to the neighboring auto shop, and $50 later the automobile was not only completely fixed but told it should last at least another hundred thousand miles and was in terrific shape.

Make what you want of this experience, sadly, this offer was only discovered because of the premium repeated offers did not ask the smell test.

Happily, the senior now has wheels and is much more appreciative of those wheels now!

Have a Great “Keep Your Used Car Offer Guard Up” 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

Summer Friday … On the Way Back Home … Jen’s Turn Next Week …

Today is an early Summer Friday and our post Memorial Day family trip is wrapping up, bringing us back to the familiarity of our home, office and pets….

It was a super fun trip, with a slightly lighter work load, no TV – yep not a one, weak WiFi (still able to do the month end video post), Q3 Newsletter commencement (a positive look on things), sunshine, ET/east time (a favorite due to the early sunrise), fishing, and great family discussion time… oh and some terrific coffee too!

Next week we are back in the saddle… and with an eye on staggered off time, Jen get’s her shot… not to worry, being Financial Planners, we plan in advance… Donald “The Brain” gets his time in as well, later in the Summer…. we all sharpen the knife with some time away!

Ahhhh… but as mentioned earlier, today is a Friday… enjoy your day, the 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

Summer Friday

Late Arriving Tax Form (5498) Reminder, Friday Holiday Weekend, School is Out, Family Travels Next Week …

FORM 5498 REMINDER

Form 5498 is headed to some of our mailboxes over the next weeks, here are some of the reasons why:

  • Rollover of a 401k or the like to an IRA – Most frequent
  • Contribution to an IRA
  • Contribution to a SEP

One of the most confusing parts of this form is that even though you may have made a qualified contribution for a prior year i.e. 2020, if you made that contribution in 2021, depending on the type of contribution the Form 5498 MAY show your contribution in year 2021. 

Not to worry, the IRS knows there are frequently a seemingly miss match of years and accounts for this.

Here is the IRS information if you need further clarity.

Holiday Weekend

Monday is a Bank, Government, Capital Market and our Office holiday, honoring memorial day!

We happily Honor those Military … serving current, former, and no longer with us, for allowing us the safe world we live in now!

Schools Out and So are We – JK out Next Week

The kids are out as of noon today and our office will close mid-day too!

Next week, I will be out as well…

While not knowing the strength of Wifi in our destination, may be a bit more muted than normal!

Have a Great “Schools Out, Long Weekend” 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

More than Return to Normal, Big Wait at Regular Lunch stop… Post travels week Observations … Friday …

As mentioned here last week, there are several travel extravaganzas in the coming weeks and a completed one just this past week ….

In an adjoining state just north of our Southern Texas … a regular meeting place garnered the following crowd….

Upon entrance a 45 minute wait was estimated…. Luckily it was not near that long, but we as a population are no doubt interested in getting out! Yay

For the record… after almost a decade of visits in this same location (creature of habit and avoidance of getting lost…haha) there has never been more than a 5 minute wait….

Ahhhh… Today is a Friday, heading into a nearing the end of School month- Wow… 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.

jkfinancialincstreet-cents

New Lease Signed at 8222 Douglas … Preview- Interest Rate Deep Dive … The Masters Weekend … Friday

It’s finally done!  We are happy to announce we have signed a new lease extending our stay here for about another six years from today! yay

The lengthy signing was certainly not due to knuckles and a negative experience, but more from a conflict of schedules on all parties. After just a few renditions we settled on a happy extension, more costly, but very happy to be in our same location for the next greater than a half a decade.

8222 Douglas Ave # 590 – Home of J.K. Financial, Inc.

Preview of Interest Rate Deep Dive

With some terrific dialogue both here and in the headlines concerning interest rates, we are happy to preview a deep dive on rates next week and a reminder on the ultimate affects interest rates have on asset prices and the economy.

Masters Weekend – Return to Normal?

This weekend, in a more back to the normal Masters Golf Tournament …. we can see one of its all star students who 25 years ago this year made his amazing splash onto the venue. Will be watching, hope you will as well for some wonderful scenic views and back to normal spring sports!

Ahhhhh …. today is a Friday, heading into what looks to be a beautiful weekend here locally, hopefully it’s nice where you are, enjoy 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

Why you need to know your Credit Score and where to get your Annual Free Credit Report – Annual Reminder

Knowing your credit score and your credit report has become increasingly important. With updates in technology and increases of consumer related fraud, we all need to keep an eye on our credit and our credit score for protection.

Why Do I need to Know or protect my score?

credit-40673__340

While you may not owe anyone, anything i.e. have a loan with anyone … well done by the way….. A bad credit score can still affect items such as your automobile and your homeowners premiums… no kidding (see this  Forbes article.) We cannot blame them, there is data to check and it is their responsibility and ability to review it.

Bottom line a bad credit score or report may be costing you more money.

How do I get a copy of my credit report?

After you get your score, you may want to get a detailed copy of your credit report. Go to www.annualcreditreport.com, which is a free service offered for your own protection by the three agencies. There are tons of sites out there that are not free and try to seduce you into paying an unnecessary monthly fee, this site has been checked and is safe.

You may request all three services or just use one and keep the other two available at a later time. This may be handy as you only get one free report per agency per year. If you stagger the reports you can inquire at different times, keep later dates open for inquiry.

If your report is good, there is likely no reason to get more than one agency report.  If your report has deficiencies you may protest from the site as it is reported.

Taking time to review your credit and credit score is easy and may save you angst and money!

Have a great “Safe Credit” day!

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

Fantastic News … Possible No Time Change Starting in 2023, End of Spring Break … Friday

Hat tip to RR for sharing a Reuters story about the possible no longer changing from daylight savings time starting next year in 2023!

Woo hoo!

The possible downside is in the depths of the dark months the little ones going to school in deeper darker mornings, so we all need to be more careful if this passes. The upside is likely better moods in the evening for those same little ones as they will have extra time to be outside, better moods for those grown-ups too (present party included) with extra time in the evenings of light, and may be a little darker in the morning!

Today is a Friday, heading into the end of the Spring Break Week … Was fun to be away, but will be fun to be back!

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

IRS Tax Return Backlog Update… Interesting Productive Technology for Home Internet Repair … Brrrr a Cold Friday Here in the South …

During last year’s extended Tax Return season it was discovered that for various reasons the IRS was greatly backlogged in completing returns. Given that some 2/3 or more tax returns have refunds one can imagine the disappointment in a delayed return of one’s hard earned work.

At the time it was believed there were about 26 million tax returns that were behind … we even wrote about it here, this recent Washington Post article gave updated numbers just as of late that the IRS is some 24 million tax returns behind STILL ! Yikes…

Given this fact with a small sample size of folks that have filed their returns already it has been about a two week turn around for electronically filed returns to get their refund.

We will keep you posted on this but for those of us that are getting a refund we will watch closely on the corrected 1099’s and may error in allowing everyone to file their returns sooner rather than later so as not to get into the great delay!

Interesting Technology Discovered During Internet Repair

Those of you with good memories may recall that last week before the long weekend the Casa was without Internet.

Similar Technology

Upon return to the home from being out of town over the weekend the Internet was still absent. An hour and a half later the repair was complete and the most interesting discovery of technology occurred. During the call the technician rather than scheduling someone to come out to the house in a day, a week, or two weeks, he asked me to download a quick app on my cell phone click on a text that he sent … turn on my camera and my phone became a live lens back to the technician.

Yes 90 minutes is a long time to be on the phone with a technician … not unexpectedly, but what a terrific quick repair was made especially given the nasty weather we have had here in the South this week!

Sure love that technology when it works, not so much when it doesn’t!

Ahhhhhh today is a Friday, and you guessed it, the wireless Mic was in action again and a failure of keeping this post short was again the result!

Will try to do better, enjoy 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

Short Day … Long Weekend/Presidents Day … Home Internet Loss Shocker … Friday

With an early release today, we will collectively be out early for the safety of other residents, pedestrians and drivers of any vehicle …haha

Presidents Day

Monday is Presidents Day Holiday, so Capital Markets, Government Related entities, Banks, Post Offices and our office will be closed…

Looong Posts this Week – Will try to Shorten

Thanks for reading the two VERY long posts this week…. ok, so the new Mic makes for easier longer posts and you guys all know how many words can come out of the mouth.. Will try to keep it under control moving forward …. BUT likely working on new videos over the weekend as well as research, so not huge promises …haha

Lost the Internet at Home for 3 days and counting … Wow is that a shocker… Cell batteries drained, and certainly not helpful with our family slowly moving to cutting the cord …. Digressing!

Enjoy your Friday and your Long weekend (if the shoe fits) — 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