The majority of Folio accounts have transferred to Shareholders Service Group.

 The majority of Folio accounts have transferred to Shareholders Service Group.  

Today I mailed SSG online account authorization forms. When you get these forms you must signed for each account separately to have the accounts available for online viewing.

Stephen L Gerritz

Folio Institutional to Shareholders Service Group transfers now in process.

 Folio Institutional to Shareholders Service Group transfers now in process.

Some accounts have already transferred.   I am still waiting for final paperwork on a couple accounts. 

 I expect transfers to be completed in August.

Stephen L Gerritz

I have moved all Folio accounts to all cash in preparation for the transfer to Shareholders Service Group

I have moved all Folio accounts to all cash in preparation for the transfer to Shareholders Service Group. 

Stephen L Gerritz

2022 IRA RMDs need to be taken before your account transfer to Shareholders Service Group

 2022 IRA RMDs need to be taken before your account transfers to Shareholders Service Group. I will begin doing the RMDs next week.

Stephen L Gerritz

How to make a copy of your Oregon Drivers License

 How to make a copy of your Oregon Drivers License!

1. Place your Drivers license on the flatbed glass of your printer.

2. Your printer has a button or tab that reads Copy.

3. Press the Copy icon and select photo.

4. Your printer will then scan the license and print out your drivers license copy.

Volatile Stock and Bond Market

 8.5% inflation, rising interest rates, high oil prices, and the war in Ukraine are causing the stock and bond markets to be very volatile. I have taken a very defensive position in your Folio accounts. I sold out of all bond positions a couple months ago. I have also reduced equity position to about 25%.  

Your Folio accounts have held up very well (close to all time highs). We had nice gains in oil an gas positions. Overall our strategies have worked well. 

I will continue to carefully manage your accounts.

Stephen L Gerritz

Folio finally issued 2021 1099s and Form 8949 - I will mail them out to you today. Stephen

 Folio finally issued 2021 1099s and Form 8949 - I will mail them out to you today.

Stephen