Pausing for a moment to realize just how good Economically it is today …

There are always shortcomings … as a growing “Type A” country, we want more and better … Let’s pause for just a moment …

Maybe my Road Trip is making me sentimental … reflective for sure

March 2009, 823 thousand jobs were reported lost

The lowest bar on this chart was on March of 2009 (coincidentally, the bottom of the great recession stock market too– digressing)

Pause for just a moment … 823k people were fired/left the workforce, IN ONE MONTH … that’s a small town !

11-1-17 All Employees

Unemployment rate hits 4.1%

By scanning the chart above, as the bars turned up the resilient USA economy started rebuilding/hiring workers again.

Looking from a different angle, last Friday the USA unemployment rate logged a fresh great recession low of 4.1%

11-1-17 Unemployment rate 10 year trailing

Pretty good stuff!

Have a “Good” 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

Tax Reform Comments from the Road …

As mentioned last week, the road is calling and this time the internet connections are struggling due to the location. Returning mid-next week so short posts until.

Hold the Horses on Tax Reform TalkUncle Sam

Even from a weak internet, cell, and wifi location, much of the tax reform talk was received.

While there will certainly be headlines today, before making any rash judgments, let’s see what actually comes of the current talk and final compromise. It’s a 400 page document (scribd link, if you want a peek-we did of course-nerds) that is certain to look much different when completed.

Enjoy your Friday and your weekend!

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

 

 

 

 

 

 

October 2017 Podcast Video, Financial Planning and Capital Market Update- By John Kvale

Here is our October 2017 Monthly review. If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast format.

Enjoy!

October 2017 Video

Break In – D Magazine Honors – Best Wealth Managers

We are super happy to be honored in D Magazines Best Financial Planner and Wealth Managers Award !!

Thanks so much and congratulations to our fellow recipients.

9-27-17 FINAL DMAG Spread

11th Consecutive Honor – John Kvale Best Individual Financial Planner

The 11th consecutive D Magazine best Financial Planner award was also in this edition and we are super happy to announce, John received his 11th consecutive nomination!DmagLogo

Wow and again thanks to our fellow recipients!

Financial Planning Tip(s)-

Social Security Increase

Don’t smirk at 2%, every penny counts! With a CPI (Consumer Price Index) increase of 2% year over year, the Social Security Administration passed the good news on earlier this month. Take that 2% increase and run!

img_0937

Capital Market Comments

Rates are Slowly Ticking Up

After much silence on interest rates, we have taken notice of recent movement as the global economy begins to pick up steam … Overseas seems to really be getting their act together.

10-24-17 10 Year Treasury

Consumer Sentiment Also Higher

The University of Michigan Consumer Sentiment hit a post “Great Recession” high this month.

With two thirds of our US Economy being based on consumer consumption, this bodes well for the Economy.

10-13-17 Consumer Sentiment

See you at the end of November, which also features our very special Blooper Thanksgiving Video from a few years ago!

Happy Fall Season!

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

Time of the year to check your retirement contributions!

As we enter the home stretch of the year, we wanted to remind all to confirm the desired contribution level is being met for your company retirement plan.

Retirement Contribution Levels

401k and similar corporate plans – $18k + $6k if over age 50

Now is a good time to confirm our desired level of contribution is actually occurring. If not, this is the perfect time to adjust.401k-illustration-1637162

  • Bonus offset
  • Pay Raise
  • Company ownership change
  • 401lk/similar plan Provider change
  • Investment options adjustments

All of the above and others, are reasons contribution levels may vary from our desired level.

Take a few minutes to check your latest paycheck and confirm your YTD deferrals …. Contact us with any questions, we are glad to help !

Have a great “Confirmed Retirement Contribution” 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

 

Timely discussion of Rates this week … Friday … Travels on the Horizon …

Our Hmmm interest Rate post on Wednesday of this week turned out to be a bit prophetic as Wall Street Turned their “Short Term” eyes toward rates and raised a brow.

JPMorgan Rate Chart

While rates MAY eventually provide a headwind to capital markets, we agree with our friends at JPMorgan and their excellent chart showing MUCH higher levels of rates will be a formidable headwind.

jpmorgan-rates-too-low-graphAhhh… Today is a Friday, and travels are on the horizon next week, but that is next week… Enjoy your Friday, your weekend, and time with those special!

Have a Great Friday!

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

 

Hmmm … Rates are slowly rising … A good thing!

We have long crowed that low rates were great to get us out of the great recession of 07-09, however they have caused more harm than good by being too low for so long.

Rates are Creeping Up

Higher interest rates can be a function of inflation, growth or expansion. These are missing components of our post great recession recovery.

But Wait!

10-24-17 10 Year Treasury

Yes, we have been here before, let’s keep an eye on this most recent move, as you can tell from the chart, a move above the current level may mean higher again!

Have a great, sneaky higher rate 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

Most trusted “Made-In Country”

In a cool parallel to our recent review of most trusted media, this interesting report by our friends and Visual Capitalist and Stastista should make Germany proud.

e7973b79-5dce-4bf0-b89b-7ec197f60121-3016-000003324db5b97a

Which country is your “Most Trusted Made in” ?

Have a great Trusted “Made-In” 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