As a consequence of recent economic and policy trends, we are returning to a more conservative stance with respect to our bond allocations. Recent guidance has made it clear that the Federal Reserve is committed to slowly, but consistently, stepping up the pace of interest rate increases going forward. This, combined with a modest but notable uptick in inflation, has led us to conclude that the economic environment will be biased toward steadily rising interest rates for the first time since the Great Recession. We will, of course, continue to monitor and make further adjustments as necessary in the coming months and years.
We Want to Hear From You – Help Us Select a Subject!
In January, Yeske Buie hosted a live webinar where we shared our thoughts on the question “Will the Trump Administration be GREAT for Your Finances?” Throughout the year, we will host a series of live webinars and we hope to continue to present on topics that interest you. To help us do so, we want to hear from you! We’ve put together a brief survey listing a variety of topics for us to consider for our next webinar. If you’d like to share your thoughts with us, please click this link to take the survey.
Important Information About Your 1099
As we continue to provide updates on the status of your Schwab 1099 form for your 2016 tax return, we’d like to inform you that your 2016 1099 form is now available. Schwab has sent a paper copy to you in the mail and has posted an electronic copy to your Schwab Alliance account. If you are not familiar with the Schwab Alliance website, you can find simple instructions for accessing the document on our website. For your awareness, it is possible that Schwab will also release a Corrected 1099 form in the coming weeks. Last year, we planned for the event of receiving corrected forms and in the end there were no changes. For this reason, we suggest that you proceed with preparing your taxes in a timely fashion, but wait to file your 2016 return until you hear from us about whether or not you will be receiving corrected 1099s. We will update you as we know more from Schwab.
At Yeske Buie, our purpose is to empower people to pursue their Live Big® lives. And our greatest strength is our dedicated team of professionals, led by our two founders, who between them have over 70 years of combined experience practicing financial planning and leading the profession.