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January 2011
Greetings!

Welcome to the inaugural edition of the JDS Enterprizes/JDS Wealth Management Corp. monthly newsletter!

Over the last several months I've been gathering email addresses and trying to build up a decent-sized mailing list.  Of those of you receiving this newsletter, I've talked to most of you already.  For those I haven't talked to, here's a brief summary of what's been going on the last six months:

Jim hired me in May after I graduated from Rutgers University to help him out with various things he couldn't handle by himself (e.g. - this newsletter).  Our businesses are growing, so we got ourselves an office in Mooresville.  The address is below and directions can be found on the contact section of our website, which can be found on the sidebar of this newsletter.

A lot of that isn't news to most of you reading this right now.  What will be news (hopefully) is the content we'll be providing you every month through the newsletter and every day through Facebook, Twitter, the website, etc. 

Every month in the newsletter either Jim or myself will pen an article about current happenings around the office or around Lake Norman and we'll also provide you with a couple other articles we find worthwhile.  For instance, this month's newsletter contains two articles from the Wall Street Journal that Jim found to be incredibly useful in 2010.  Future newsletters will more likely than not contain more current articles.  This newsletter should hit your inbox on the first Wednesday of every month, so when the calendar turns, keep an eye out for it!

We're also gonna start using Facebook and Twiiter to post updates on what's going on with us.  If you use Facebook or Twitter, I encourage you to follow us (the buttons on the sidebar should be fully functional).  If we ever find an article or a website worth checking out that we can't put in the newsletter, we'll post it on Facebook and Twitter.  We might even start doing periodic Youtube updates, but I'll let you know if we ever get around to that!

All that aside, my biggest task is to keep building up our mailing list so we can get out to more people.  By all means, if you have a friend that you think would be interested in the content of our newsletter, forward the email to them and encourage them to sign up for the mailing list (they can do so by clicking on the button at the bottom of the sidebar.  I'll also be maintaining an online archive of all past newsletters, so if you ever need to refer back to an old one, there'll be a simple place to do so.

In closing, I hope everyone is enjoying a good start to the new year and I hope everyone finds this newsletter useful.  If you ever need us, we're here at the office almost every day.  Take care!

Tyler's signature
-- Tyler Stillman

10 Stock Market Myths That Just Won't Die
The Wall Street Journal, July 26, 2010
WSJ logo The Dow Jones Industrial Average last week ended up pretty much where it had been a little more than a week earlier.  A rousing 200-point rally on Wednesday mostly made up for the distressing 200-point selloff of the previous Friday.

The Dow plummeted nearly 800 points a few weeks ago - and then just as dramatically rocketed back up again.  The widely watched market indicator is down 7% from where it stood in April and up 59% from where it was at its 2009 nadir.

These kinds of stomach-churning swings are testing investors' nerves once again.  You may already feel shattered from the events of 2008-2009.  Since the Greek debt crisis in the spring, turmoil has been back in the markets.

At times like this, your broker or financial adviser may offer words of wisdom or advice.  There are standard calming phrases you will hear over and over again.  But how true are they?  Here are 10 that need extra scrutiny.

Read more...
Locking in Income for a Lifetime
The Wall Street Journal, September 2, 2010
WSJ logo As more workers enter retirement relying on cash from
a 401(k) plan or similar account instead of a company pension, fears are growing that some could mismanage their money and outlive their savings.  To reduce that risk, the Obama administration wants to prod workers into investing in lifetime-income products such as annuities, insurance contracts that function like pensions by paying a guaranteed monthly income in return for a big chunk of cash upfront.

This year, the Labor and Treasury departments asked for comments on steps the government could take to steer workers into annuities.  One suggestion would require that part of an employee's 401(k) plan contributions be placed in an annuity that would automatically start providing income at retirement, unless the worker opts out.

Treasury and Labor plan to hold a hearing on the proposals beginning Sept. 14.  Among the topics to be discussed, according to the hearing announcement, are the concerns expressed by some about the choice of annuities over other investments and strategies that also aim to provide lifetime income.  Individuals who submitted comments during the public-comment period overwhelmingly rejected the idea of mandatory annuities, and few retirees choose to buy annuities when they cash out their defined-contribution plans.

Still, many financial pros say annuities and related products can help reduce the risk you'll outlive your savings.  For people interested in securing an income stream for life, here's a look at some available offerings:

Read more...
This Month
10 Stock Market Myths That Just Won't Die
Locking in Income for a Lifetime
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