2019 October Newsletter

Albert Einstein was quoted as saying “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”  Read this quarter’s newsletter to learn why you might want want to teach your children and grandchildren about Compound Interest.  

Newsletter topics:

  • How and why many companies increase in value over time
  • Why compounding interest was referred to as The 8th Wonder of the World
  • Why Warren Buffet and Sterneck Capital find “Value Investing”  valuable.

Wealth & Retirement Planning Simplified

Sterneck Capital can help simplify your wealth and retirement planning with software that creates a personal financial dashboard just for you. 

To take control of your financial world, contact us @ 816-531-2254 for details.

 

 

Women & Retirement Planning

Women and men learn, lead and think about our economic lives differently. Now is the time for women to be making well-informed decisions about their  hard-earned wealth. Read the linked evidence below noting why Retirement Planning differences occur between the genders.

2019 January Newsletter

Read this quarter’s newsletter for a Sterneck Capital Management update and an overview of  4Q 2018 market volatility.  Additional topics:

  • Introduction to Austin Drake, Sterneck’s newest team member
  • Overview of Sterneck’s Open Architecture approach with accounting, trust and estate, insurance,  legal and other planning advisors
  • Insights to investor behavior and Sterneck’s investment strategies targeted to reduce portfolio risk

Click here for January 2019 Newsletter

2018 October Newsletter

Read this quarter’s newsletter for perspective regarding recent market activity and a Sterneck Capital Management update.  

Information regarding recent tax changes and donor advised funds is also provided.

Click here for October 2018 Newsletter

Bunching Tax Strategy & Donor-Advised Funds

Learn how the bunching tax strategy paired with donor-advised funds allows you to consistently support your favorite charities while still enjoying the tax benefits associated with charitable giving.

 

Click Here for Bunching & Donor-Advised Funds info

Sterneck Capital’s Financial Planning Checklist

Thomas J. Stanley, PhD. and William D. Danko, PhD’s New York Times Best Seller The Millionaire Next Door in part outlines research indicating common denominators of the affluent.  They recommend the following behaviors in the quest to build and maintain wealth: plan and adhere to a household budget; know how much your family spends annually on food, clothing and shelter; have clearly defined daily, weekly, monthly, annual and lifetime goals; and spend time planning your family’s financial future.

We at Sterneck Capital have long observed the positive impact of goal- setting, financial planning and positive investor behaviors. These actions compliment the investment portfolios we design to address clients’ risk tolerance and financial goals.

Using a Planning Checklist when initiating a financial plan may be of value to persons new to the planning process.  A high level checklist is provided below. If your financial planning needs are more complex and/or you need scenario analysis support to derive good investor decisions, contact us at 816-268-2254.

Click here for Sterneck Capital’s Planning Checklist

Tax Reform Resource

Following is a resource link to help clients better understand the recent tax reform changes.

This is general information and not intended to be individualized guidance.  For specific questions, contact your tax professional.

2017 October Newsletter

One of our favorite Warren Buffet quotes is that “investing is simple, but not easy”. What does this mean?  Read this quarter’s newsletter to find out. 

Topics of interested include:   

  • 3Q market activity update
  • Weathering the storm:  reinsurance investments
  •  Sterneck Capital Management’s recent community stewardship
  • Planning for the unexpected

Click here for Oct. 2017 Newsletter

Credit Report Self-Monitoring

Recent data breach activity has prompted  attention to cyber security and identity protection options. Purchasing identify theft protection, freezing one’s credit and/or taking advantage of Equifax’s offer for free one-year Identity Theft Protection and Credit File Monitoring are personal choices.

At a minimum, Sterneck Capital Management encourages clients to remain educated on potential identity fraud issues and options at hand.  We also encourage clients to take prudent steps to self-monitor their credit report activity by taking advantage of the free credit reports available annually from each of the credit reporting companies (Equifax, TransUnion and Experian).   

The Fair Credit Reporting Act (FCRA) requires each of these nationwide credit reporting companies to provide you with a free copy of your credit report, at your request, once every 12 months. Consider requesting a free report on a rotating and regular basis every four months (example:  Equifax in September, Experian in January, TransUnion in May).

There can be a lot of misinformation found on social media and talk shows. Take steps to ensure the sources of your information are reputable and accurate.  The following links provide specific updates on the recent breech directly from Equifax, as well as report-monitoring options and guidance from government sites

Click here for Credit Reporting Companies Info