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May 2013
Greetings!

 

Summer is almost here and pretty soon we'll all be complaining that it's too hot!  Before you know it we'll all get busy with boating, gardening, spending time with the grandkids, etc. Also, now that tax time is over we encourage everyone to take time and review your overall financial situation before you get too busy with summer fun and vacations.

 

Did you pay unnecessary taxes? Did you shelter income properly? If you're retired, is your portfolio exposed to too much risk? Have you ever heard of "sell in May and go away"? Can the stock market continue to rise, and for how long? Now is the perfect time to answer all these questions. Kind of like a spring house cleaning. Then, you can enjoy your summer with no worries.

 

We've kept busy at JDS Wealth Management, and hope everyone enjoys our monthly updates along with the monthly articles in Lake Norman Magazine. We'll keep at it trying to keep folks informed.

 

On a special note, I want to thank all the fine folks that joined us for our client appreciation NoDa food tour a few weeks ago. Everyone donated some money, and JDS Wealth Management matched and exceeded what was donated. We then presented the Mooresville Soup Kitchen with a check for $400! What a good feeling to help out some of those in need, and contribute to helping our community. We have several clients who regularly volunteer at soup kitchen and can attest to what a worthy cause it really is. 

 

So, thanks again to all our wonderful clients who participated. We'll definitely be doing more events, so keep your "ears to the tracks" and keep checking your mail!

 

 

*Starting with the June issue, our Lake Norman Magazine article will have a new look. Same great content, but with a snazzy new look! Make sure you keep you eyes peeled, so you don't miss it!

 

 

Sincerely,

 

Jim's signature 

James D. Stillman

 

 

 

 

Presenting a donation to Vickie Traynum (Executive Director) at the Mooresville Soup Kitchen on Monday April 29th, 2013. Thank you to the clients and their guests that attended our food tour of NoDa on April 6th. Their donations along with our match made it possible for us to give $400 to this wonderful local cause. 

 

 
JDS Wealth Management logo
Social Security Decisions:
What, When, Who, and How?
Lake Norman Magazine, May 2013

Is Social Security confusing you? When should you take it? Are you better off waiting until later? Will your Social Security be taxed?   If you are younger, will it even be there in the future? These are a few of the questions I, as a financial consultant, get asked about social security.

 

The biggest concern about Social Security today is the 78 million baby boomers set to retire over the next 20 years, and the relatively smaller younger generations feeding into the Social Security system. The number of retired workers is projected to double in less than 30 years. In 1935, when Social Security was signed into law by President Franklin D. Roosevelt, there were approximately 40 people paying into the system for every 1 person drawing the benefit starting in 1937.

 

 

 

  Read more...  

Global Private Financial Capital logo

Inflation Trade
GFPC Thought for the Week (247)

*When the rate of printing currency exceeds the rate of GDP growth, then the value of that currency will be lower and can spark inflation.

*The Fed's policies, which have kept interest rates near zero since 2009, are forcing investors to consider the need to prepare for a policy reversal.

*To date, it's not paid to "fight the Fed", or engage in strategies that typically do not perform well in low interest rate environments.

*Fighting the Fed may not have worked to date but there are ways to position a portfolio to prepare for a reversal without incurring excessive risk.

"Inflation is always and everywhere a monetary phenomenon" - Milton Friedman


Read More... 

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Volatility Spike are Normal
GFPC Thought for the Week (250)

*Volatility has increased lately although we believe that this phenomenon is healthy and can create opportunities for long term investors.

*Spikes in volatility often cause investors to panic and sell, even though the cause for the volatility spike has not changed the long term investment thesis. We attempt to profit from this panic.

*Even though volatility spikes can be healthy for markets that have run too far too fast, we still invest in ways to dampen the impact of unexpected spikes in order to mitigate losses.

Read more...   
All content is intended for informational purposes only.

JDS Wealth Management Corporation's outgoing and incoming e-mails are electronically archived and subject to review and/or disclosure to someone other than the recipient. We cannot accept requests for securities transactions or other similar instructions through e-mail. We cannot ensure the security of information e-mailed over the Internet, so you should be careful when transmitting confidential information such as account numbers and security holdings. If the reader of this message is not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that any dissemination, distribution or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to this message and deleting it from your computer."
This Month
Social Security Decisions: What, When, Who, and How?
Inflation Trade
Volatility Spikes are Normal
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