Capital Markets Ignore … Short Week Concludes … Friday Tennis Weekend

Capital Markets are the ultimate voting machine. Frequently they are VERY irrational, often times they act temperamental, other times they just ignore and move on.

With the recent flexing of various international military muscles and “Breaking News” headlines, Capital Markets …. and their participants, are just moving on down the road and focusing on earnings … which is really what they are supposed to do. NICE!

Short Week

With the celebration of July 4th on Tuesday, Wednesday felt like Monday, making Thursday feel like Tuesday and today …. Oh Boy … Not really sure what day it is. Friday? Yes..

Friday Tennis Weekendtennis-2042723__340

Wimbledon …. Yes it will be going on this weekend, but a more important Tennis weekend to your present party … a National Tournament in a neighboring state (Travels , all good) .. Win our go home, once again, puts the journey into next week if the former occurs…

Ahhh, that is looking into next week and this is a Friday, smack in the middle of Summer. It goes fast, enjoy, relax and spend time with those special!

John A. Kvale CFA, CFP

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





Q 3 2017 Newsletter Video Audio Podcast Review By John Kvale

Welcome to our Video and Audio Podcast Review of our Q 3 2017 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.

Click here for direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly)

Let’s get going!

Residential Housing Price Analysis

Sometimes the best article ideas turn into more than we ever think. In our Q 3 2017 newsletter,  we set out to review Residential Housing Prices over the last half century. Seven graphs later we come up with more  observations than conclusions. We think you will enjoy the journey– be sure to listen or watch the Video as it gives great details of our frustrations and discoveries.

What we are doing this Summer

Our editor insists and we always receive nice comments back on our Summer plans- with more focus on you and the world, it is hard for us to talk about ourselves, but this is our annual print coverage to do so … we hope you enjoy the pictures as well as our sharing of our summer plans.

Fitbit App of the Quarter

While not really an “App” we review the app that goes with our Fitbit finding and speak on the surprising changes in behavior this unassuming device has had, as well as a few family tussles, all in good spirit.

Parting Thoughts

Watch for a reminder of our hopefully awesome Saturday Before-Early November 18 Holiday Party as we learn how to use all our new technology that we have deployed this summer.

Thanks for the time!

John A. Kvale CFA, CFP

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


Travels – Office Schedule – Happy Fourth of July

As mentioned last Friday, travels are on the calendar this week and with a Fourth of July Holiday on next Tuesday, the work calendar has a few holes.

We will not be in the office on Monday as capital markets are only briefly open.

Have a wonderful Fourth of July Holiday weekend!


John A. Kvale CFA, CFP


June 2017 Podcast Video, Financial Planning Tax Review and Earnings Update- By John Kvale

Here is our June 2017 Monthly review.

Hard to believe we are ALREADY at the half way point of 2017 … A little early due to the Holiday schedule.

Here we go!

June 2017 Video


Financial Planning Tip-

Safely Hand Off VERY Important Documents

Vault Add View W Arrows for private and Full View

With a few services still showing too much confidential information such as social, bank and date of birth, in our post here we reminded everyone of how to easily hand-off that VERY confidential document.

Also as a reminder, one of our projects over the latter part of the summer will be a set of 1 minute videos on how to use the New Total Vault and feature such as this one … Looking forward to completing them !

Capital Market Comments

Rates are Rising

Libor 1 month 6-27-17

This chart shows does a great job of showing the rate increases as they have occurred. So far, market participants are taking the rate increases in stride.

We continue to believe higher/more normal rates are a good thing!

Happy Mid-Year point!

Let the 100 degree days begin !

John A. Kvale CFA, CFP

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

China added to Important Index, Welcome Aboard!

Last week it was announced a group of large capitalization Chinese company stocks were allowed to be added to a very important global index, the MSCI Emerging Market index. This is great news for China and super news for those following our David Cameron talks from earlier this year.

China added to MSCI Emerging Market IndexChina hainan-105596__340

The fourth time really is a charm, as MSCI (Morgan Stanley Capital International) – most prominent and well known International Index provider – allowed a group of over 200 stocks to EVENTUALLY be added to their MSCI Emerging Market Index. The total inclusion will take several years but is a huge positive for China’s acceptance as a valid economic capital market.

Certainly China has a different social system than the USA, however, if David Cameron is only half correct in his thoughts, embracing rather than shunning China will have positive effects for decades to come.  The addition of China stocks into the MSCI Index may be the first step of many future positive ones to come.

We began a detailed review in our latest Newsletter on International and Emerging Markets but it was shoved tot he floor by our Residential Real Estate Price Movement article.  Everything happens for a reason. This recent announcement is a great addition to the facts and research we were including, look for more abbreviated information to come soon here with the full article(s) to follow in our Next Newsletter!

Have a Great “Mutually Prosperous” 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 15 Year* Anniversary, Congrats to Donald “The Brain” – Technology Update – Friday

Note the * asterisk by the 15 years… it’s really 19 YEARS ! …. Including part time school work.

Congratulations to Donald “The Brain” on his 15 year anniversary.

From an early start while working during the summers driving 30 miles each way, to trudging through the well documented EXTREMELY difficult CFA exam, to helping everyone through the the Great Recession of 07-09 ….

Well done and congrats. Hopefully the next 15 will go a little slower! Doubtful !!

Technology Update

The Monday technology upgrade turned into a Wednesday upgrade and with a turn-around trip Thursday in the calendar, nails were bitten short Wednesday afternoon. We are happy to announce the upgrade has been completed with very few hitches. There are a few follow up items to do when the server is resting from regular use (during the 4th of July holiday), but we are 95% complete.

Each year we take on technology improvements during the summer, this year:

  • More New Vault Features
  • New Web Page
  • Improved internal email systems and management

We will wipe our brow and set in to learn the new features …. thankfully all went well!

Next Week

Donald “The Brain” has much deserved travels on the calendar to a cool climate north East, with a tail end of the week showing travels for myself as well… good time for us to test all this new fancy technology.

Today is a WONDERFUL Friday, enjoy your day, your weekend, be thankful, and talk to you 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.


The Importance of Energy Companies to the US Economy

Not so many quarters ago with oil booming and the price of oil going to $144/barrel many including ourselves may have missed the importance of Energy Companies on the US as well as global economy.

Here  we reiterated that we thought the trickle down effect may be much greater than many had once thought.

Another Great View from Visual Capitalist

Take a moment to let this chart digest…it truly is amazing.

If you have been following us long you know we love to mix different opinions especially when they point the same direction- this from Factset..

Without Energy, the S&P 500 earnings would be much less.

Before complaining about that fill up… remember these two items.

Have a Great “Energy Growth” day!

John A. Kvale CFA, CFP

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