Our Annual “Unsubscribe” Two Weeks – Tips and Tricks for Cleaning Your In Box…

During the down time of the Holiday Season we begin our annual “Cleaning” of the Inbox…

The key is persistency, as many emails are not easily cancelled… frequently it takes more than one and up to five tries…

Give it a try, you will be very surprised at how fast you can knock those pesky (especially the daily ones) emails down!

Here are a few tricks…

We are happy to report that this technique is working much better this year, than in years past … and from our sample size has a better than 50% work rate!

You can first try with the Cell “Unsubscribe” button shown on the screen shot below… this resides at the top of your email in many cases is by far the fastest way to attempt the cancel….

Very Top of Email On Cell

After the first week, you should be down to those pesky ones that do not work the easy way… so on to step two…

Again, using our sample size we find that about 90% of the remaining emails have an “unsubscribe” link at the very bottom of the email…

Be very careful when using this technique as this technique usually involves a second pop up window from the source, and it is super easy to opt into all emails from the source rather than removing you from the list…

Some sources mandate you tell them why you are removing yourself from the list or the request will not be accepted…

Some even mandate you hand type something, usually just a correct word like “The” or “And” will do the trick…

Bottom of email on Cell Phone

So now you should be down to the rag tags of the really pesky recurring emails…

With the last few, we recommend you move from the cell to a regular PC, not an IPad, as the cell features are very similar to the IPad features due to similar operating systems….

On the last step, with a regular PC you will most likely need to click “More” which opens your browser from the email and then let the hunt begin…. We find that somewhere, usually way at the bottom of the page there will be a “Preferences” button, that will then open ANOTHER window that you can finally remove yourself from future emails.

While we crowed about the wonderful virtual summits (rather than travels across the country and weeks out of the office) that provided tons of data for our Newsletters, blog posts here, and some awesome slide decks for future use… a small downside was our email addresses were shared.

Somewhere in the fine print, we likely agreed… but this year’s “Unsubscribe” two week venture is paying greater dividends than in years past….

Hopefully you will have as much luck as we have and you find less unwanted emails than before you started your endeavors…

Remember not too long ago when you said to yourself “Oh look, I have a new email!”

Not anymore!!!!

Have a Great “Leaner In Box” Day!

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 at J.K. Financial, Inc … Current Kvale’s … Throwback of Only Five Years

Happy Holidays and Merry Christmas

The Gang

Pierce and Sophia 2020

Throwback just 5 years – Goes Fast – Enjoy!

Happy Holidays, Seasons Greetings, Be Well, Be Safe!

John Kvale

Q1 2021 J.K. Financial, Inc. Newsletter … Video Audio Podcast Review – Reminders, Updates, New Tax Rates, By John Kvale

Welcome to our Video and Audio Podcast Review of our Q1 2021 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.

In this start to a new year, we update the pictures on the Video and also the entry and exit music. Our editor actually greatly adjusted the colors and fonts of the Newsletter this year, which we really liked as well.

Click the Download button below, for a 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

This Newsletter is chocked full of reminders from events and experiences we had with you in the field last year the would be helpful looking forward into 2021!

J.K. Financial q 1 2021 newsletter

Let’s get going! We hope you enjoy!

Q 1 2021 Newsletter


The Homestead Reminder

With a very large number of moves in 2020 …. much greater than we can ever recall, in this Article we remind of the Homestead.

In the year 2020 we have had more change of residences than we can ever recall over the past three decades. As a reminder, and using Texas as a template, if you live in your home on January 1 you can do what is called a homestead tax exemption. Once again through the lens of Texas, this is a particularly good tax savings exemption that everyone should do if you live in Texas. 

Q 1 2021 J.K. Financial, Inc. Newsletter Lead Financial Planning Article

And just a bit more description from the same Article …

From TexasLawhelp.org – a fantastic non-profit resource we use frequently – again only for Texas residences, those living in other states may want to check for a similar organization. 

What property qualifies as a “homestead?” 

A “homestead” is a house or other residential structure that you own, together with up to 20 acres where the structure sits if the land is used for residential purposes. A manufactured home on a rented lot qualifies as long as you own the home. Manufactured homes must meet additional requirements for a “Statement of Ownership and Location,” but if you did not receive the paperwork from the prior owner and cannot locate the seller after making a good faith effort, you can submit the affidavit in Form 114-A. 

Estate Planning Tops Our Minds

It was literally a race for the greatest increase over normal years, for folks moving to a new residence (per above) or reviewing and updating their Estate Plans.

Has Anything Changed Since My Documents Were Written? 

Just because five, seven or even ten years have transpired does not mean that you automatically need to update your documents.  If everything looks right, and things have not changed then those documents are likely just fine. 

On the other side of the equation if things have changed in the past twelve months (or even less) that would make your documents incorrect, you likely need to do an update so your directives are appropriate. 

Q 1 2021 J.K. Financial, Inc. Newsletter Second Lead Financial Planning Article

If we are not in possession of a copy, please send to us or upload to your Vault as we keep things safe and most importantly FOREVER!

Q 4 2020 ES Reminder – The Safe Harbor

Mid-month, January 15, 2022 to be exact is the final due date for Quarterly Tax Payments ( Q 4 2020 ES Tax Payments.) With a pushed out ordinary filing date due, it seems like to many we just filed last year’s taxes (2019), and here we are already rushed to complete 2020. Hence the reminder. 

Here is what is looks like


Description automatically generated

Here is the link to Publication 505 for 2020 (https://www.irs.gov/pub/irs-pdf/p505.pdf) which gives you full instructions on how to file. Here is the link to Form 1040 ES Publication for 2020 (https://www.irs.gov/pub/irs-pdf/f1040es.pdf) which contains the final voucher. 

The Safe Harbor

Lastly, if you are in a situation where you tax bill may be dramatically different from the prior year, in this case 2019, consider trueing up your 2020 taxes to at least 110% of year 2019 total Federal tax withholding.  To help avert any penalties or interest.

Retirement Contribution Levels and Medicare IRMA Amounts

While we have posted these levels earlier here, and we know the formatting was a bit wonky, we wanted to review them again directly from the Newsletter.

Here are last years most common levels along with whats up for 2021 – mostly unchanged

IRMA – Income Related Monthly Adjustment Amount – Medicare Part B Surcharge 

 If your modified adjusted gross income is above a certain amount, you may pay an Income Related Monthly Adjustment Amount (IRMAA). Medicare uses the modified adjusted gross income reported on your IRS tax return from 2 years ago. This is the most recent tax return information provided to Social Security by the IRS. “ 

Here are the 2021 limits and adjustments: 

We hope you enjoy … talk to you Next Quarter – Happy 2021 !!!

John A. Kvale CFA, CFP

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

Office Hours, Holiday Schedules, Season of Gentleman’s Agreement on Wall Street, Newsletter Preview, Slow Money Reminder …

Over the next two weeks, with staggered schedules, our office, which our building manager is still continuing to ask us not to have guests, will be open sporadically. We will collectively be working remotely or out of the office on various family holiday getaways.

Donald “The Brain” is happily in a warmer climate near water, loosely connected to the office for some much needed and much earned R&R this week after a full spring, summer, and fall, of lock downs.

My time actually occurs next week after Christmas and through New Year’s.

Jen will be in and out remotely connected with a few official bookend days for holidays and long weekends throughout the next two weeks.

One big positive of the events of this year is the ease of pivot to remote for all of us!

A Gentleman‘s Agreement on Wall Street!

While in recent years we’ve seen this agreement violated, look no further than some of the sharp drop offs during this time just a year ago, generally there is an unwritten gentleman‘s agreement to “do no harm” during this time of the year. Meaning capital markets usually do not trade upward or downward in dramatic fashion throughout the remainder of the year.

Under normal circumstances the next two weeks, partial trading weeks …with closures on each Friday and half a day before the holiday trading would be BORING and very low volume….trying not to jinx ourselves here!

Newsletter Update

With a newsletter chocked full of great Financial Planning, Income Tax, and Personal reminders, and being non-market related, the Newsletter is complete and we hope to have it to you during the holidays for some possible fun reading that you may have during down time.

We think it came out fantastic, and tribute the great bulk of subject matter to you guys for the experiences, reminders, and techniques that we did this year.

Our posts here at Street-Cents will likely not be as regular and much lighter over the next two weeks as well!

Remember, as mentioned here in this urgent reminder post, Financial Institutions in every area of service are greatly overloaded for some reason this year, and as such MONEY IS MOVING SLOW…. do not wait until the last minute for a Financial Transaction, especially if it is personal!

Happy Holidays, Be Well, Be Safe, and Happy New Years!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



TSA Latest Throughput (Corrected Graph), Indeed Job Listing, Kastle Back To Work Update … Trifecta Bundle … Friday

As mentioned on Wednesday’s Slow Moe Money Post, this was actually scheduled for the Hump Day, but was ousted due to our continued snail findings of overwhelmed financial institutions across every aspect of the financial world.

With that in mind, this is a bit of a heavier Friday, but all of these missed the Newsletter due, once again, to your great experiences and questions!

TSA Throughput Updates

While not knowing of this data prior to 2020, we have enjoyed monitoring it greatly….

Hat Tip JP and “The Brain” for noticing my bad data chart and repairing … now we are cooking!

While passenger count is gaining steam, especially notice Thanksgiving Holidays ….

We are still well behind 2019, “Normal” numbers!

Vaccine should help, end of year Holidays will be interesting… not to worry we are so enamored you will certainly see a review here!

Indeeds Job Posting Update – Global and Local

In another fascinating find, and once approved from the company for reproduction, we are just at the tip of the iceberg of this data, as there are well over 100 data bases …. as mentioned here, yep we have reviewed all and so far are just monitoring this Global…

This data comes from Indeed’s two research sites https://www.hiringlab.org/ and the raw data site https://github.com/hiring-lab/data , all of this is put together in our favorite St Louis Federal Reserve FRED website.

Go Australia, all the way back to flat or just above — Nice!

And our second favorite, our own back yard of Cities here in Texas!

Go San Antonio- you guys rock and are almost back to whole as well.

KASTLE Back to Work Barometer

Frist mentioned here, this fantastic tracker is from none other than a security company…what a great way to utilize your inside knowledge for the help of many!

Watch out if you are buying, renting or expanding the commercial footprint – this is no where near Indeed’s job posting bounce all the way back!

Here is a link to a more interactive Kastle graph that you can hover over for exact information.

Again, well done to all!

Heavy for a Friday, but sometimes that occurs….

Have a Good Weekend and Happy Holiday Season!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



IMPORTANT UPDATE! Oddly, Year End Movement of Money by Financial Institutions has Greatly Slowed … Don’t Wait Until the Last Minute On Moves

While there is usually a rush near the end of the year, one in which we try and stay well ahead of by starting things early on in the month and even late November.

We wanted to warn everyone that all of our financial contacts in almost every corner of the financial world are for some reason very very backlogged.

This may be a function of continued remote work or extra movement by the general populace or a combination of both.

Most importantly if you have any type of financial movement, especially on the personal side, do not wait until the last minute to make a move as it likely will not make cut off.

We are experiencing items that just as recent as last year took 24 hours, are taking up to a week if not longer.

Please take this as a warning and not wait until the last minute especially on year end dead line items.

This was so important that we actually bumped our Wednesday detailed post to Friday so it will be unusually complicated, but again wanted to get this out to you!

Have a Great “Snail Moving Financial Aware” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Elon Musk Shakes the Shorts … Neat Chart from Our Friends at Visual Capitalist

While Elon Musk can certainly be a controversial figure… especially with his Cell phone and Twitter App Opened… he has a way of making successful endeavors.

Not withstanding the above, we find Musk an innovator and certainly not afraid of what critics may say. Here and here and even here in our Newsletter earlier this year we spoke of Musk. With Musk’s announcement of moving to Austin Texas, we likely will be seeing and hearing more from him.

The following chart was just too good to pass up from our friends at Visual Capitalist.

As a reminder, a short seller makes a bet the stock will go down, which usually happens much faster than a stock climbs, by borrowing the stock from some one, selling it with the intent of buying it back at a lower price. Two big catches with this technique are that a short sellers losses are unlimited as a stock may grow to the sky and if too many shorts end up on the same company, a short squeeze or unnecessary and unwarranted run up in the stock as everyone buys to cover may occur….. trampling the Shorts !

Have a Great “Musk Shakes the Shorts” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Possible End of Year Property Tax Strategy, Only IF You Meet Certain Criteria … Friday

In trying to get educated on the possible tax changes that MAY occur, we stumbled across one idea that we felt worth sharing.

Please do not take this as a forecast for what tax changes MAY occur, no one knows, but in this tax seminar the speaker brought up an interesting strategy, that if in the correct circumstance, may be worth a try.

If you do not intend to itemize i.e. Use the standard deduction in 2020, it may be worth paying your property tax for 2020 in 2021 on the possible chance a different tax rule MAY occur in 2021.

Again, no one knows for sure on tax changes, only a very low downside technique since not itemizing in 2020 essentially nullifies the use of your property tax in this tax year. Here is a reference to the strategy, before recent tax laws phased this technique out!

Sorry for the heavy on a Friday… we just caught wind of this and wanted to spread the word as fast as possible!

Have a Good Friday and super weekend!

Have a Great “Possible Tax Savings” Technique Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Why Price is So Important – An Extreme Almost 17 Years to Break Even, Example!

We actually had planned on putting this in the Q1 2021 Newsletter, but you guys gave us so many great topics, this hit the cutting room floor.

This is an important enough reminder that we wanted to go ahead and send it to you!

By no means are we predicting this will occur again, and we picked a graphic example for sizzle. But living through this first hand, we know it can happen.

“Price is What you Pay, Value is What You Get!”

Warren Buffet

The following is a chart of an index that was full of dot coms … an index that ran to overzealous levels in late 1999 and early 2000.

Had an investor had the misfortune of buying at the very top, it would have taken them about 17 years to break even.

Again we’re not saying this will happen as post the 1999 .com mania many of the companies that were brought public went bankrupt in short order.

Once again, this is an extreme example of what can happen when prices move away from the true value, but worth remembering – we sure will!

Again not meant to frighten just too enlighten!

Have a Great “Reminder that Price Matters” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



2021 Retirement Contribution Limits – Most Popular No Changes!

With 2019 Taxes delayed filing to mid year this year 2020, it seems like tax season was a constant over the last 4-6 quarters. Add to that, there was a COLA (Cost of Living Adjustment) from 2019 to 2020 but not very many changes from this year, 2020 and next tax year 2021 and it seems like a puzzle.

Not to worry, here are the few changes from 2020 to 2021, again the most popular (bolded) by a long shot had very little adjustments

Limits on Benefits and Contributions20212020
401(k), 403(b), and 457 Plan Elective Deferrals$19,500$19,500
Defined Contribution Plans$58,000$57,000
Defined Benefit Plans$230,000$230,000
SIMPLE Plan Elective Deferrals$13,500$13,500
“Highly Compensated” Definition$130,000$130,000
“Key Employee” Definition
1% Owner$150,000$150,000
Security Taxable Wage Base$142,800$137,700
Catch Up Contributions Age 50 And Older
401(k), 403(b), and 457 Plans$6,500$6,500
SIMPLE Plans$3,000$3,000
Source https://definiti-llc.com/ and IRS.Gov/Retirement

Note, there are limitations on certain deductions from above as well as income oriented phase outs, please check with your tax professional for your specific sitiation.

Have a Great “New Deferral Limits” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.