I will be doing all IRA Required Minimum Distributions this month.

I will be doing all IRA Required Minimum Distributions this month. I will be mailing required forms for many accounts. I will be able to do automatic withdrawals for some accounts.

Steve

2018 Folio 1099s and Form 8949 will be mailed out today 02/28/2019

2018 Folio 1099s and Form 8949 will be mailed on 02/28/2019.

If your tax preparer is Steve Constans, I will be mailing your forms directly to him.

Stephen L Gerritz, CFP

Folio 1099s will be mailed to you near the end of February!

Folio Taxable Account 1099s will be mailed to you near the end of February!

Steve

2018 Folio Institutional 1099Rs mailed out today

Your 2018 Folio Institutional 1099Rs were mailed out today.

For those clients that have both a Folio 1099r (IRAs) and a Folio taxable account, all 1099s will be mailed out in the second half of February.

Steve

2018 Tax 1099s and 8949s will be mailed to all Clients in February 2019

2018 Tax 1099s and  8949s will be mailed to all clients in February 2019.

2017 Tax 1099s and 8949s will be mailed to all Folio Clients on Monday

2017 Tax 1099s and  8949s will be mailed to all Folio Clients on Monday.

Steve

Market Volatility

Volatility has clearly taken the markets up and down in a big way the last couple days.  Big ups and downs may continue another week or two. Many times long stretches of low volatility, like we had last year,  are followed with periods heightened volatility. The quickness of the moves is quite something to watch.

The world economy is doing very well and profits are at an all time high. Due to this fact I think the market will recover and make new highs this year. 

Our managed accounts have 20 to 30 % cash at the moment, so we have a cushion and available funds to invest as the market begins to behave normally.

Stephen