Welcome to our monthly review, which includes a video for further clarity and a lighter touch to the world of finance. At the beginning of this year we also added a special financial planning monthly tip to break up the monotony. Let’s get started.
BREAK IN: THIS VIDEO COMMENCES WITH AN ALL NEW AUDIO SYSTEM, SUCH THE DELAY, WE ENCOURAGE YOU TO TAKE A MOMENT TO WATCH/LISTEN AT YOUR CONVENIENCE !
Click here if you cannot see the video
Here for Vimeo
Cell Phone Pricing Wars Means Money In Your Pocket
This months financial planning tip came by accident from our own personal experience. Earlier this year the big two cell phone carriers commenced in a pricing war. Our discovery, originally from an investor standpoint, soon turned consumer. After multiple confirmations other than just ourselves, we feel certain we are on to something.
The trick of this discovery is you must log into your carrier and review your current plan. So far by pointing this out we have helped with several thousand dollars of savings. Next time you pay your bill, take 30 extra seconds and click on your current plan, you may find significant saving are available.
Taxes – The Toughest Season in A Decade
This years taxes are the perfect storm for the following reasons.
- Tax payer relief act has sunset, diminishing many relief items.
- Phase Outs (restrictions of tax write-offs) are making for higher taxes due.
- AMT (alternative minimum tax) is making it’s presence known.
- Basis reconciliation is still troubling.
This year, do not feel bad if your taxes are greater than years past and it is taking longer. The entire financial community has been slowed by this year’s tax season.
Market and Economic update
As mentioned in our cover letter and Q 2 2014 Newsletter, both on the presses and cyber ramp currently, the capital markets have gone no where so far this year. Bonds, the lumbering giants of safety have been the real winner in March as well as through the first quarter of the year.
Have a Great Day!
John Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225