Folio (Goldman Sachs) 1099s, 1099r, and form 8949 will be available about the middle of March

Due to mid-year brokerage firm transfers, you be will getting 2022  tax forms from both Shareholders Service Group and Folio (Goldman Sachs).

Folio (Goldman Sachs) 1099s, 1099r, and form 8949 will be available about the middle of March.

Don't hesitate to call me at 541-608-9958 any time, for any reason (this is a direct line to me).

Bear markets are usually followed by Bull Markets. Look at the chart below.

 

Bear markets are usually followed by Bull Markets.  Look at the chart below.

You may need to get your 2022 1099s directly from Folio

 You may need to get your 2022 1099s directly from Folio. Keep your user name and password.

Stephen L Gerritz

Cash is King in a bear market

 Most client accounts remain all cash. The best thing to do in a bear market is to preserve capital. Accounts will keep high cash positions until the Federal Reserve is through raising interest rates.

Stephen Gerritz

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