As I type this, I am waiting for the producer of the show, Michelle Stucker to call and place my phone on the live – yes LIVE – call in Financial Planning Radio show!
Your Money- Wharton University – Professor Kent Smetters
Channel 132 – from 4-5 pm daily this week, Dallas time will re-air the show for those interested…
Yesterday I was honored to once again co-host Kent Smetters, Wharton Professor and Sirius Satellite Radio show for almost an hour !
Talk about getting out of your normal comfort zone – a live nationwide radio show will do it for you!
After almost 30 years of experience in the industry, the heart still pounds before the show….
Will I do my intro ok?
What questions will come in?
Who will call?
What if I get a twister question?
What if my phone goes out or the electricity drops? Not kidding…You do think of these things…
The last 20 minutes before the show… feels like an ETERNITY… (I am creating this portion of the post just before the show …. Under Pressure ….for reality!)
Michelle Stucker the producer calling… I am added to the show …. Pink Floyd music stops… it’s show time !!!
Live Guest Host Appearance Last Night
We were asked to co-host the final leg of the two hour show last night and it was a blast… rapid fire, off the cuff questions came in from across the country…
Mindy from New York called and asked for her 78 year old just about to retire mother… impressive work age — pay off a Heloc, set aside funds and stay conservative
Gary a likely career Military person calls with extra money to invest, after dissecting his situation, Max the TSP Military retirement plan
John from Alabama with a question on an IRA windfall – keep the funds in the beneficiary IRA for sure, various ways to invest the funds, but keeping the funds as an IRA most impoortant
Boom…and just like that, it was over… Michelle popped in my ear and said we want to have you back more frequently and thanks very much for the help !! I happily agreed!!!
What a great way to give back/feel good! Honor the opportunity!
If you are so inclined the replay will run throughout this week on Sirius Satellite Radio Channel 111, until next weeks show. Due to copyright, we cannot reproduce the show.
After guest hosting the Wharton Sirius Radio show on Tuesday, on Wednesday who pops out of the hallway for a speaking event that I was attending, none other than Wharton Professor, researcher, and noted author, but Professor Jeremy Siegel.
Thanks to a quick handed friend nearby, a picture was taken. There was even enough time to ask if he was friends with Kent Smetters, the host of the radio show, which Professor Siegel said of course he new him. Not being too impressed by the fact that I was a co-host just 24 hours before… I asked Professor Siegel to say hello to Kent for me anyway…
This time, unlike Professor Siegel’s last appearance, we were able to get his slide deck… expect some great posts in the future as we dissect his views …. ya ya nerds… Hey this guy is kinda famous in our industry!….still nerds…
Investopedia Update – 19k Views ! WOW
In an effort to help many, in a public manner, this week we were notified that our top three Investopedia answers had received more than 19 thousand views.
This was great news as the weekend question answering is doing good and gave new enthusiasm!
Market Note
On Wednesday of this week, the FOMC (Federal Open Market Committee) released their minutes from the most recent official meeting on April 26-27. There is a slight delay for completion and digestion purposes.
Bottom line – FOMC members are telegraphing a possible June rate hike. Short term a headwind, long term a positive from our perch!
We have some great information from various sources on this subject …. BUT it is a Friday and this has become a longer post than our normal Friday… Enjoy your weekend and look for more info soon on all of the above!
Greece, Puerto Rico and China synchronized negative events to end most capital markets mid-year around the world in dud like fashion. Almost all gains for the year for US markets were erased. (They were small to begin with!)
Not to worry, this is a journey not a sprint!
Wharton Radio guest AGAIN
Kent Smetters, a Wharton Professor who hosts a Wharton University Sirius Satellite radio show on Tuesdays, was kind enough to ask me as a guest again yesterday.
After several callers, one with a VERY complicated situation, the spirit of entering this industry to help EVERYONE (or as many as possible) was once again achieved.
Even after all the speaking events, talks in front of many, and a general fondness for public speaking ….
I was wound tight before the show!
Oh…the producer asked if I would do another soon….Sure !
Welcome to our monthly Economic, Capital Market, and Financial Planning tip of the month.
This months Financial Planning Tip of the month, like last months, may save you valuable tax dollars!
Once again a special thanks to all of YOU … the best clients and friends as your experiences have again given us the subject matter for our Financial Planning Tip of the Month.
For those new to our writings, we touch on the most pertinent Financial “stuff” along with a video of my mug that has even more specialized details of the latest month as well as this post.
Another special Tax saving Financial Planning Tip: consider clumping of those property taxes
Pull out your tax return from last year, and the prior if you have it.
If you are not itemizing (or just barely over the standard deduction) you MAY be a candidate for clumping your property taxes.
Now pull out your tax bill that you most likely just received. If multiplying it times two throws you well over your standard deduction, consider clumping two of our tax payments into one year i.e. Pay January and December of the same year and then skip the next year, especially if you are not itemizing or just barely over the standard itemized amount.
IRS Standard deductions for 2014:
*Married filing jointly or surviving spouse $12,400
*Head of household $9,100
*Unmarried $6,200
*Married filing separately $6,200
Confused? Give us a call, we will explain!
cO-aNCHOR Sirius sATELlITE RADIO SHOW
Early this month (Nov 4) I had the honor to be asked to co-chair a financial planning Sirius radio show, presented by Wharton Business School and a finance professor at the university.
After the intro and background of myself and our firm, the phones immediately rang from across the United States with multiple single individuals, many of them women, matching much of our client base.
After a full hour of spontaneous questions and answers, the show was on to the next segment. What a fun experience and a super way to give back.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
Background
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.
Jeremy Siegel …. Investopedia 19 thousand views … Market Comment
This felt like a Wharton Business School week.
After guest hosting the Wharton Sirius Radio show on Tuesday, on Wednesday who pops out of the hallway for a speaking event that I was attending, none other than Wharton Professor, researcher, and noted author, but Professor Jeremy Siegel.
Thanks to a quick handed friend nearby, a picture was taken. There was even enough time to ask if he was friends with Kent Smetters, the host of the radio show, which Professor Siegel said of course he new him. Not being too impressed by the fact that I was a co-host just 24 hours before… I asked Professor Siegel to say hello to Kent for me anyway…
This time, unlike Professor Siegel’s last appearance, we were able to get his slide deck… expect some great posts in the future as we dissect his views …. ya ya nerds… Hey this guy is kinda famous in our industry!….still nerds…
Investopedia Update – 19k Views ! WOW
In an effort to help many, in a public manner, this week we were notified that our top three Investopedia answers had received more than 19 thousand views.
This was great news as the weekend question answering is doing good and gave new enthusiasm!
Market Note
On Wednesday of this week, the FOMC (Federal Open Market Committee) released their minutes from the most recent official meeting on April 26-27. There is a slight delay for completion and digestion purposes.
We have some great information from various sources on this subject …. BUT it is a Friday and this has become a longer post than our normal Friday… Enjoy your weekend and look for more info soon on all of the above!
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
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Posted in Education, General Financial Planning, Interest Rates, Investing/Financial Planning, John Kvale, Market Comments, Personal
Tagged FOMC, Interest Rates, Jeremy Siegel, Wharton, Wharton Business School