Almost all public institutions of all shape and form have what is called a Proxy Vote.
The Proxy is an at least Annual Vote for various items such as approval for management salaries, mergers, company purchases and just an annual approval to continue current services.
Why We Vote Your Proxy
As a regular practice we vote Proxies for all clients. This accomplishes multiple items:
- Much Greener – We get one statement for literally 100’s of client votes
- We actually vote – always for management – if we disagreed we would not own the respective asset
- We keep a permanent record of the vote
- By voting for you, your mailbox is not stuffed full this time of the year
We try to receive electronic information as much as possible – this is once again green but much of this information is still delivered the old fashion way by snail mail
What to Do If You are Receiving Proxy Information
Occasionally Proxy directives for us to vote for you falls off the system …
When this occurs your mailbox will begin getting full…
No worry, just reach out and we can easily refresh your directives back to us and stop the pelting of mail.
Given the large number of collective votes, we do not know if you have fallen off the directives list, so please do not hesitate to ask us for a refresh.
Have a Great “Proxy Vote 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.
June 2021 Financial Planning and Capital Market Review – By John Kvale
Hello and Welcome to our June 2021 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!
Newbies –
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!
BREAK IN – HOLIDAY PARTY NOVEMBER 20 FROM 3-5 AT DALLAS ATHLETIC CLUB
Hope you enjoy!
June 2021 Video
YouTube
Financial Planning Tip(s)
Why Not to Overfund a Retirement Plan
In this updated post from a few years ago, we remind how easily it is to overfund a 401k plan and why, while it is not the end of the world, it is not a good tax situation….
Should you accidentally over fund your retirement plan … what occurs is a double taxation!
Job change is the most likely reason for overfunding!
Pesky Late Arriving Tax Form Reminder – Form 5498
In this mid month post we remind those of an extra late arriving tax form….
Murphy’s law being applied, the form just arrived last week….about two weeks after our post…..
Reason for receipt:
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.
Capital Market Comments
Inflation or No Inflation
In this part two post, “The Smartest Guys in the Room” post we discussed via interest rate futures graphs the movement after FOMC dot plot adjustments and the interest rate markets….
This is an updated Graph of the 2 year US Treasury, which is holding lower, (higher yield) possibly due to faster expected rate increases!
This is the ultra long 30 Year Treasury, which continues to trend higher (lower Yield) possible pricing less inflation from the above mentioned expected shorter term rate increases!
Ok…that’s a wrap for the June review…. Hello July!
Have a Great Day, Talk to You at the End of July!
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
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Posted in Audio, Clients/Clients Only, Economy, FOMC, General Financial Planning, Interest Rates, Investing/Financial Planning, Market Comments, Monthly Review, Retirement Planning, Why
Tagged 2 Year Treasury, 30 Year Treasury, 401k, FOMC, Form 5498, Inflation, Interest Rates