Well, the holidays are upon us and the end of year rush has come into full swing. As we near the close of another year, we like to encourage everyone to take moment to review your current financial situation and think about whether you need to make changes to meet your goals going forward. Also, if you have distributions that need to be made by year-end, be sure you're addressing them in a timely fashion. A lot of offices will have periodic closures during the holidays - including JDS Wealth - so be sure you're not waiting until the last minute to request RMDs or other distributions that need to be handled before the end of 2019. To be on the safe side,
we encourage all requests for service or distributions be submitted by Monday December 16th to ensure enough time for processing.
The Wealth Report is focused on the US economy and its recent slow down in terms of growth. I think that the main takeaways from the article are to be conscious of how your overall portfolio is positioned and be aware of whether that positioning could lead to income issues during times of slow economic growth or economic stagnation. Will you have enough income to meet your basic needs if markets don't consistently trend upward for a period of time? If not, then you may need to seriously consider making some changes. Your overall plan should include assets for savings, income, and growth - ideally separately. No one tool or vehicle can do it all, so it's crucial - especially in retirement - to be sure you're properly utilizing various assets classes to meet your goals.
there is anything we can assist you with, then just let us know.
And, as always, remember -
The purpose of the money dictates where you put it.
James D. Stillman
**RSVP LAST CALL**
JDS WEALTH HOLIDAY PARTY 2019
SUNDAY DECEMBER 8TH
12:00 - 3:00PM
VICTORY LANES BOWLING ALLEY
FOOD, FUN, FESTIVITIES!
FRIENDS AND FAMILY WELCOME
RSVP BY WEDNESDAY DECEMBER 4TH
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Special Note: To our clients who have invested assets with us, we wanted to make a quick mention of the recent announcement that Charles Schwab will be acquiring TD Ameritrade. At this point, nothing is expected to change for at least several months as the final details of the purchase deal are worked out. That being said, even once the acquisition is finalized, it will not change much in regards to the management of your invested accounts. AEWM and Sterling will still be handling the portfolio management. The main difference you'll see is that statements will eventually switch over to read Charles Schwab instead of TD Ameritrade, and we may need to update online login information at some point. We're not sure of exactly which systems and processes with change as a result of the acquisition, but we're told that Charles Schwab has some pretty good technologies and tools that we're excited to incorporate into our process. We'll be sure to keep you updated with any relevant details as they come out.