Tag Archives: Wharton

Wharton Co-Host Radio Show Sirius Satellite Radio Yesterday Evening – Rerun all this week and link to show

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!



Here is a link as well to the show-

There were some fantastic questions – The last time I was guest host, we were both stumped and this time it occurred again —

Someone asked if we knew of any long term care companies that would cover retiree’s living in another country!

Kent tossed to me and I back to him, “Not that I know of!”

Watch for a full article in the coming Newsletter !

Full confession – Due to a chicken/superstitious nature – you are reading this AFTER the show was recoreded ! haha

Have a Great “Out of your Comfort Zone” Day!

John A. Kvale CFA, CFP

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

AI – Artificial Intelligence to take over the World? Nah….

The possibilities seem endless.

An 18 wheeler that can drive across the country at night with less traffic and no human to interfere!

No parking lots, as all needed cars could be used as needed and no unnecessary excess – land savings, energy saving and environmental savings!

A robot does the job, endlessly with no rest.

Artificial Intelligence (AI) Jets cooled

In this recent neat Wharton School Panel Review Report  a lot of cold water is tossed on some of the possibilities …. (Wharton is our friend as occasional co-host of live Sirius Radio Your Money, with Kent Smetters)

But First a few recent headlines!

CNBC 7-19-17 “Half of American Jobs are at risk from automation, new study suggests

The Guardian 9-13-15 “Self driving cars: From 2020 you will be permanent back seat driver

Not so Fast on AI – Artificial Intelligence Taking Over the WorldRobot - man-320276__340!


On Self Driving Cars

From the Wharton Panel Review.

Vijay Kumar, dean of engineering at University of Pennsylvania (very credible position for opinion)

“It turns out that so much of what appears in mainstream media about self-driving cars being just around the corner is very much overstated …”

“In other words, many optimistic articles about autonomous vehicles overlook the fact that it will take many years to get enough data to make fully self-driving cars work at a large scale — not just a couple of years.”

“A fundamental problem is that most observers do not realize just how vast an amount of data is needed to operate in the physical world — ever-increasing amounts, or, as Kumar calls it — “exponential” amounts”

So this makes sense to us … the last few incremental steps for this to actually occur may be MUCH greater than many think, it’s just harder to get the last 100% completely automated vehicle.

Calling Elon Musk Out

Again from Professor Kumar …

“Elon Musk will also tell you that batteries are improving and getting better and better. Actually, it’s the same battery that existed five or 10 years ago.” What is different is that batteries have become smaller and less expensive, “because more of us are buying batteries. But fundamentally it’s the same thing.”

There sure seems to be a lot of confusion on this subject… some say the batteries are getting better, but few can prove it at this point…

Machines still have a long way to go

“In the near future, no one needs to worry because machines are pretty dumb….” Kumar said. As an example, Fung (Pascale Fung, a professor of electronic and computer engineering at Hong Kong University of Science and Technology) explained that she could make a robot today capable of doing some simple household chores, but, “it’s still cheaper for me to do it, or to teach my kids or my husband to do it. So, for the near future there are tons of jobs where it would be too expensive to replace them with machines. Fifty to 100 years from now, that’s likely to change, just as today’s world is different from 50 years ago.”

We find this extremely interesting, greatly enjoy the views and encourage you to read the article….

The Total Opposite View

In February of 2015 we had the opportunity to listen to Peter Diamandis and wrote a report on his findings here

He said two years ago, that computers would be faster/smarter than humans in eight years .. here is the chart from the report we wrote…

Computer Power Expanding

Someone is wrong!

Differing opinions are great!

Likely somewhere between 6 years and 100 … Ok , know its wide, but that’s the extreme from both views !

Careful what you believe!!!

Hope you enjoyed!

John A. Kvale CFA, CFP

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


Artificial Intelligence Preview – Friday

It’s well known Google has been testing a driverless car…6c0d53bc-9f62-4c3d-a85d-ef80a35cfc4b-536-00000063ca5ef0cc

The possibilities are endless, should we all get into the back seats or out of our cars completely…

Just think of the room that would be created by all those extra parking spaces?

What just a second though!

Next week we discuss and review an interesting take on Artificial Intelligence (AI) along with our friends from Wharton …

That is next week and the summer is slowly sliding away.

Many are starting school, my gang, thankfully has one more week, but the extra time must be paid back somewhere in the year one way or another.

Enjoy your Friday and your weekend!

John A. Kvale CFA, CFP

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

Wharton Business School Sirius Satellite Radio Guest Host – LIVE! Again last night!!

We were flattered and honored to be asked again to guest host the Wharton Business School, Your Money Live Sirius Satellite Radio show

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…Wharton Your Money

  • 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.

Have a Great “Live National Radio Show” Day!

John A. Kvale CFA, CFP

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


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.20160518_202754686_iOS.jpg

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!

John A. Kvale CFA, CFP

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


Live for the Third Time on Wharton School’s Sirius Radio Show

After a quick request to be a guest host for the third time for the Wharton School Sirius Business radio … The third co-hosted radio show is complete.

Wharton School Business Sirius Radio Live AppearanceWharton Your Money

Even with the knowledge of two prior shows, the heart rate was most notably higher just before the producer, Michelle, connected me to the live show.

After an hour of fielding calls and answering questions, the third show was in the books, and once again a TOTAL blast!

Very flattered to be asked, very happy to be asked back immediately again in the future !

Great Questions and a wonderful way to give back !

Jeremy Siegel Today – In Dallas

Speaking of Wharton Business School, today Jeremy Siegel is back in town giving a keynote speech later today. Full report to come soon!

Have a Great Day!

John A. Kvale CFA, CFP

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


November 2014 Super Cool “Tax Saving” End of the Year Financial Planning Tip, Capital Market and Economic Review (Video)

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.

Ok…let’s go!


You Tube Direct Link   or   Vimeo Direct Link


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.Uncle Sam $

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!


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.Sirius Logo

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.

Have a Great dash to the end of the year!

John A. Kvale CFA, CFP

8222 Douglas Ave # 590
Dallas, TX 75225

Super Fun Successful Sirius Radio Show Co-Host … RMD … Friday 4 Hour Dragon Slayer

Wharton School Sirius Radio: Fun Successful ShowSirius Logo

On Tuesday (11-4-14) of this week, the live Sirius radio show aired.

From a quiet remote location the call came in at 3:58 pm  …. “John how the heck do you pronounce your last name?” said Michelle the very sweet and calming producer.

K a v aa l ee” but “hey you” works too, I said, fighting a few nerves.  Michelle chirped back, “Great, be ready in 20 minutes”

If you ever want to know how SLOW 20 minutes can go, just wait by the phone, wondering how your going to do, on an “I love Lucy Chocolate Factory Speed Financial Planning Question call in” aired live across the nation , all impromptu !

WhartonAt the 5 pm break  Michelle said  “John you are doing great,  we want you to be a guest again in the future.  You ready for another 30 minutes now?”….. “Ah…Sure” I said  .. WOW …

Since it is a Friday I will keep it short, but do expect another mention or two. VERY FLATTERED AND HONORED to be a part of the Wharton Your Money Live Radio Show

It’s RMD Time (Required Minimum Distributions)

For our mature clients of mandatory distributions age (70.5 or greater) the IRS wants their due.

This week and next we will process those not already completed.

Ahhhh, but it is a Friday heading into an attempted 4 hour dragon slayer Sunday (fellow marathoners), do not forget to spend time with those important in your life and go fellow dragon slayers !

Have a Great Day!

John A. Kvale CFA, CFP

8222 Douglas Ave # 590
Dallas, TX 75225

One Up the Good Morning America Appearance … John to Guest Host Sirius Radio Wharton Business Money show (2 hours) … Not kidding

For those that know, I am not usually short on words. Motor mouth might even be a good fit occasionally  … But talk about stepping out of the comfort box!

LIVE Guest Host Sirius Radio Show

WhartonRecently I was honored and flattered to be asked to guest host a Wharton School Business radio show.

For those that have been around a while, you may recall I was honored to be on Good Morning America, live from New York several years ago. That was only a couple of minutes and the producer eased our tensions by telling us we would have a dry run, which aired live nationally as it was filmed. Funny !

This Sirius gig is two hours, live, and is open for folks to call in  … a bit nervous, but all good. Sirius Logo

Look forward to bringing more details…do not expect a phone number for the call in though! haha

Have a Great Monday … I am in the sky right now on a fun turn around day !

John A. Kvale CFA CFP

8222 Douglas Ave # 590
Dallas, TX 75225 

Sleeping Near Your Handheld Device, 65% Of Adults Do….Spending Time with those Most Important

A 2010 Pew Research study found that 65% of adults sleep with a handheld device at or near their heads while sleeping.

My excuse is we are a no-home-phone family, so I MUST have it close just in case something happens…… hmmmmm.  If you are like me and may need a break from the cell phone phobia or a little more balance, a recent Wharton recommended review (Remaking the Workplace, One Night at a Time) might be the answer.

If your headed to the beach or vacation, here is a great possible reading list, again from the folks at Wharton.

With the constant barrage of information from the likes of twitter, email, wire services, TV, Cable, Video, Podcasts….yes, we can go on and on, it is sometimes hard to turn it off, even for a moment.  Tomorrow is a weekend, give it a shot of turning it off (very much speaking to ourselves here), as while we really enjoy the constant up to the second information, spending undivided time with those important in our life may pay greater dividends. I personally find after a break, I am re-energized as well.

In closing for the latest week, next week (hopefully) we roll out a new form of communication, Podcasts (new page on our www.Street-Cents.com/podcasts/)  for your diverse listening and update pleasures.  While still in Beta, you should expect raw (rough may be better), unbiased, candid updates and explanations from us in the near future.

Finally……Wow, it was a week that we had a lot to say (some may say too much..haha), we thank all of those for following our work and we appreciate all of you!

Have a Great Friday and a Super Weekend….Don’t forget to cut the electronic tether briefly this weekend for some undivided time to those important in your life!


PS Today I am on an in-state turn around trip, and will be out of the office much of the day.

214-706-4300   www.jkfinancialinc.com