Cautiously Optimistic About 2005
Enclosed is our spring newsletter. Our Editor/President of KMS has once again come up with some very timely and interesting topics for our current newsletter.
It’s hard to believe that we are in the sixth year of the new millennium. It seems like just yesterday we were debating the fears of Y2K and if the three year bear market at the turn of the millennium would ever end. Yet here we are having two really good years behind us and 2005 looking like it will be a reasonable year for the markets. As mentioned in our last newsletter, we are cautiously optimistic about 2005.
Some Thoughts on This Quarter’s Topics:
- Dollars Decline: Currency movements are not as big a concern when you have a globally diversified portfolio.
- Withdrawal Mode: This just points out once again that no one can predict the future with any certainty and the best strategy is to review your portfolio and withdraw needs on a regular basis.
- HSA’s: We believe this will be a concept that will gain in popularity benefiting the young and healthy the most, but for now the we haven’t seen substantial savings in the higher deductible plans for our group clients.
- Hire My Spouse: This needs to be discussed with us and your CPA.
- Sales Tax Deduction: Be sure to discuss this when preparing your taxes with your tax preparer this year.
As usual we hope that you find our newsletter helpful and informative.
If you have any questions on any of your financial planning, investments or insurance needs just give us a call.