Hope everyone enjoyed their Super Bowl weekend, because the game itself stunk! Unfortunately, the Denver Broncos looked more like the "keystone cops" instead of the most prolific offensive team in NFL history. I have to admit, we were cheering for Payton Manning, because without question he's one of the greatest quarterbacks of all time, but more importantly he's a class act and a positive role model for everyone. It just goes to show you that you never know what's going to happen when the pressure in on. On a personal note, I'm doing well with my rehab from my knee replacement in December. It's a slow process trying to get my range of motion back to normal, but little by little it's progressing. It's driving me nuts because I'm so darn impatient with these types of things! Like the Doctor says, "get it through your thick head that you're 60, not 30 anymore"! I guess the good thing is that with age, at least some wisdom comes along with it. Our office renovation is almost complete. Kelly and I are hoping we can wrap up construction within the week and get it all ready for action by the end of the month. I can't wait to get it done. We'll have a new kitchen area, an awesome conference room, a new office for Kelly, and some well needed storage. We'll have an open house once we get it done, so everyone can see what we've been up to. We'll let everybody know as soon as we get it scheduled. On the investment side of things, I'm sure most of you are well aware that markets have been quite volatile since the beginning of the year. I'm confident that our clients are well positioned with "safe money" strategies and that our Institutional Wealth Managers have been on top of things to not only ride out the storm, but take advantage of discount market prices once they present themselves. We've included some good updates from Global Financial Private Capital explaining exactly how we're doing this and what our strategies are moving into this volatile environment. Kelly and I also recently attended our annual "World Series of Sales", which is an annual educational event sponsored by one of our marketing organizations. Our keynote speaker was President George W. Bush, so to say the least, it was an honor to listen to him speak, and the whole thing was very educational. We're blessed to be associated with such wonderful groups that back us up at JDS Wealth Management Corp. Enjoy this month's articles and as always, if you have questions or would like additional information just give us a call or shoot Kelly an email.
Until next month,  James Stillman |
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How Annuities Can Create Lifetime Income
Lake Norman Magazine, February 2014
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For those concerned they might outlive their assets, annuities can provide a guaranteed stream of income. Think of it as your own personal or family pension. Getting a guaranteed stream of income from an annuity could give you the freedom to take a little more risk with some of your other investments. In general, investment professionals say that putting part of one's portfolio into annuities opens the door to taking on more stock market risk, which in turn offers the possibility for more portfolio growth while still protecting income.
One of the first questions folks ask us at JDS Wealth Management is how much of their portfolio should be put into annuities. There is no set percentage or amount and everyone's situation is different, but we do have some basic "rules of the road" that we apply at our firm. Overall, we like to use what we call the "100 Age Rule". That simply means that we divide liquid assets into two categories, safe money and risk money. Then, based on your age, the money is divided into these two categories.
For example: If a couple is 70 years old, then 70% would be put into the safe category and 30% into the risk category.
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A Shift in Strategy
GFPC Thought for the Week (285)
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Synopsis
*The rising tide in 2013 lifted all stocks that generated attractive income, and most of these "stocks that look like bonds" performed exceptionally well.
*Many of these bond proxies now appear expensive, and we have been selling those that represent an unattractive upside vs. downside scenario.
*We envision a new paradigm for income generation in 2014, one where attractive "risk-adjusted" yield will exist in specific securities instead of a more broadly based sector or region call.
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Why So Much Cash?
GFPC Thought for the Week (286)
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Synopsis
*The DIAS portfolios have recently increased their cash allocations due to the selling of specific stocks in the portfolios.
*The ability to "go anywhere" is one of our most powerful weapons in this war against seniors and savers because we can alter the asset allocation in any way we see fit to profit and/or protect.
*Although this move to cash may appear to be a bearish indicator, nothing could be further from the truth. Rather, we are being opportunistic and waiting for quality stocks to go on sale.
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All content is intended for informational purposes only. Any guarantees are for insured products only and are dependent on the claims paying abilities of the insurer. All investments carry some risk and you should be advised by your personal financial advidor before implementing any strategies discussed, as they are not suitable for everyone.
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