December 2019 Podcast Video, Financial Planning and Capital Market Update – By John Kvale

Hello and Welcome to our December 2019 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!

December – 2019 Video

Financial Planning Tip (s) –

12-31-19 Secure Act House Ways and Means

SECURE Act is Signed at the Finish Line of the Year

As mentioned here in our preview post, with a stroke of a pen on the Saturday before the Christmas week, the SECURE ACT (Setting Every Community Up for Retirement Enhancement) – Wow that is a mouthful!

The Biggies:

  1. Age 72 RMD, up from the confusing 70.5
  2. Non-Spouse 10 Year Mandatory distributions of Inherited IRA – Mandating taxes by beneficiary

Tons of planning techniques and lots more to the law, but these again are the biggies!

Capital Market Comments –

FED Pauses and Markets Yawn… Finally

The FOMC (Federal Open Market Committee) led by Jerome Powell and company, FINALLY were able to not lower rates and market participants accepted it… Shhh, lets keep it our secret..haha

12-16-19 Fed Funds Rate


Happy 2020!

Have a Great Day – Talk to you at the end of January!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Make that the Sixteenth Hundredth Thirty Second (1632 – Gotta be Kidding? Nope) Original Posts! Neat Stats

Yes, you are reading our 1632 – Sixteenth Hundredth Thirty Second Post!

It started pretty rough….

The First Post, well the first several hundred, were REALLY hard …


Lots of writers block…

Fear of mistakes (more fun comments on these often and proving originality) …

Typos and Grammar mistakes (still happens, but hopefully less frequently haha)…

Did anyone even want to hear from us? ….

Slowly we honed the subject matter…

We drifted away from areas of no control (Big Predictions) …

Eventually we listened and learned from you guys, for subject matters and length (What’s on your mind = keep em short and sweet) …

Today we relish every post …

The number of regular followers and readers steadily grows…

We feel like we are one big family ….

And have the confidence to say we are adding value too … after 30+ years in the industry (we know your time is at a premium)….

Some Neat Stats

The Red Area represents views from that area of the world, pretty good global reach….

Who new Alaska would be such a follower… Thanks guys!

12-29-19 All Time Stats and Insights ‹ $treet-¢ents — WordPress

More Fun Stats

Top 10 Countries… Well Represented Globally!

12-29-19 Top 10 Countries


Sure, Google, or some other major sites do this in less than an hour…

Honestly, that’s not our goal, we want to add Value to you guys, clients, friends, family and regular followers….

Maybe it’s like a private, but public, club?

We have grown to enjoy writing, even though we are more Math Geeks….

Thanks for your comments, taking a moment to read, and for your ideas on topics!

Have a Happy “Surprising Statistics” Last Post of the Decade Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.





Albert Einstein Quote for Inspiration – Last Friday of the 19’s

In our continued inspirational and uplifting, end of the year comments … this one on a Friday, heading into the weekend before a new decade commences next week…

From Albert Einstein


“Failure is Success in Progress!”

Have a Great “Inspired Last of the 19’s” Friday!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

Happy Holidays From The Gang and The Kvale’s

Happy Holidays and Merry Christmas

The Gang

Team at Perot


The Kvale’s


Sophia, John, Pamela, Pierce

Kvale at Perot


2009 mJohn_family_Christmas

Time goes FAST ! All good!!!

John A. Kvale

Living in Surplus – By Seth Goden – Timely Interesting Thoughts

Each morning, (yep EVERY) morning, we look forward to Seth Goden’s inspirational quotes and comments….

The following hit our in-box late summer/early fall, and we have kept it in hiding with just this time of the year in mind, as it’s timely reflection time ….

We hope you like it as much as we did!

Living in surplus

In our culture, it’s easy to choose to live in deficit.

To spend just a bit more than you make, so that you’re in debt.

To need to drive just a bit faster than the prevailing traffic, so you can push every interaction.

To measure yourself against someone (there’s always someone) who has more (there’s always more) than you do.

If this habit of becoming ‘behind’ is the fuel you need to do your best work, it’s difficult for an outsider to argue against.

But consider that it’s also possible to choose to live in surplus.

To spend a bit less than you make, so you’re never worried about paying the rent.

To drive with the flow of (metaphorical) traffic, because not only is it safer, it frees you up to dream.

And to measure yourself against no one but yourself. Raise your standards as often as you can, but not because someone else you chose out of the lineup of success is somehow ahead of you.

When you live in surplus, you can choose to produce because of generosity and wonder, not because you’re drowning.

After reading this a couple of times…. it became even more powerful!

Have a Great “Reflections” Day!

John A. Kvale CFA, CFP

Break In: SECURE ACT – (New Retirement Plan Rules) a Breath Away from Law – Friday – Office Hours Over Next Holidays – Happy Holidays

Break In:

SECURE ACT looks to be passed at the last minute amid year end legislation…

We rarely comment on items that are not law, but the SECURE ACT (Setting Every Community Up for Retirement) is just a pen stroke by the President away from law, as both the House and Senate have approved.

Two Biggest Items of Secure Act (Many Others, but the following are the elephants):

  1. Delayed mandatory RMD until age 72 – Nice
  2. Non-Spousal Beneficiaries to IRA’s will only have 10 years to empty the account – Tax Acceleration here – will require planning

These laws, if passed will commence for actions occurring after 1-1-2020…

 Back to our Regularly Scheduled Program….

Today is a Friday and with local schools only a half day, we will be adhering to the same schedule to help keep the streets safe…haha

Office Hours Over the Holidays

Each of us are taking time off over the next two weeks, but an attempt to not all be gone at the same time is always made…. there will be several days where we will all be out.

I always make myself available via the technology tether to let the others disconnect…

That being said, there are travels in the schedule as well!

So if a delayed response, it may be due to bad WiFi flight times….

Fun Pre-Scheduled Posts

Over the year, a few neat comments have caught the eye and will be shared over the Holidays!

Have a Great Holiday Season and talk to you in 2020!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.

What to do When You’re in an Automobile Accident? Multiple Professional Interviews Done on the Subject … A Follow Up to Buy or Lease

So after much deliberation from our post on Buy or Lease that Next Car, you are behind the seat of your “New to You” vehicle, and you did it with knowledge, style, and confidence.


What’s Next? Not being negative here….

Recall the Scout Motto “Be Prepared”

What to Do When You are in an Automobile AccidentAuto Accident

First and most importantly, if there is an injury of any seriousness immediately call 911 and get the EMT there to help.  This sounds obvious, but in every case the following interviews and information was preceded by this fact.

Former Police Chief, Current Judge Offers Suggestions

“Use your camera as a weapon; Video tape and picture everything you possible can, including VIN numbers of the cars involved, and even get an interview with someone as a witness if you had someone that would do that.”

Police from Local Campus Near Home

A Second interview of a local campus police officer went like this – Upon request they would gladly do a police report and they could also call the local police, in this case Dallas.  They would do a police report if the damage was more than $2000. otherwise, they would generally not do a police report unless asked.  He also mentioned to take pictures of everything and if possible make sure automobile and license are both valid or legit.

Call to Insurance Company for Guidance

Per a call to my automobile insurance company the following were suggested:

  1. Get a police report if possible especially if the damages are of substance
  2. If you’re in a no-fault state you’ll need to contact your insurance carrier no matter if
  3. Use Phone to take Pictures of everything – theme developing here

The idea for this article came on a chance plane ride with the former Police Chief sitting next to me as the Buy or Lease Article was being completed/edited on the plane ride….

Thanks Chief for the idea….

Let’s Be Careful Out There – Showing Age  (Hill Street Blues)

Have A Great “Prepared if in an Accident” Day!

John A. Kvale CFA, CFP


Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.