What you will find in this issue:
  • Financial News: Are you building an emergency fund?
  • Weekly Update: Investors sell as they wait on the Fed and News by numbers.
  • Article of the Week: Why do people put off saving for retirement?
  • Tax News: What should you keep? Even with less itemizing, there are still tax documents you want to retain for years to come
  • REMINDER: April 10th is the last day for drop offs or to have an appointment for your tax preparation! *If we are not certain that we will complete and file your tax return before the April 17 deadline, we'll have you sign the paperwork necessary to allow us to file for an extension on your behalf.
  • Around the Office: With David Dickens grandson - Baby David!
  • Weekly Quote, Tip, Riddle and Recipe of the Week!
March 19th Weekly Financial News

This week's headlines ...
  • Price gains ease
  • The consumer is confident
  • Residential construction flags
  • Investors sell as they wait on the Fed
News by the Numbers
Five noteworthy figures from the previous week

6.3 million
Job openings in the U.S. at the end of January.
Friday, the Department of Labor reported this figure – the largest number recorded by its Job Openings and Labor Turnover survey (JOLTS) since its inception in 2001. Openings increased by 645,000 in the first month of 2018, making January the best month in more than two years for new jobs.
Source: www.latimes.com/business/la-fi-job-openings-20180316-story.html [3/16/18] 
 
$168
The year-over-year increase in the monthly mortgage payment for a median-priced home.
Last March, Realtor.com calculated this payment at $1,318. Its new calculation: $1,486. 
Source: www.marketwatch.com/story/buying-a-home-this-spring-brace-yourself-for-some-tough-decisions-2018-03-14 [3/14/18] 
  
102.0
The latest reading on the University of Michigan’s index of consumer sentiment.
The preliminary March reading for this key leading economic indicator (two readings are taken per month) represents a 14-year peak. A year ago, the index was at 96.9.
  
$43.3 billion
Total cash inflows into U.S.-focused equity funds during the week ending March 16.
Never has so much money poured into such investment vehicles in a single week. In another bullish note, a new American Association of Individual Investors survey found investor pessimism at a low unseen since the first week of the year.
Source: www.cnbc.com/2018/03/16/investors-just-pumped-the-most-money-ever-into-stock-funds-for-a-single-week.html [3/16/18]  

Americans Still Missing The Boat On Retirement Savings

More than half (51%) of Americans aren’t actively contributing to an employer-sponsored 401(k) account, according to a new study ...

Source: Forbes
Tax News
What should I keep?
Fewer taxpayers are itemizing in the wake of federal tax reforms. You may be one of them, and you may be wondering how many receipts, forms, and records you need to hold onto for the future. Is it okay to shred more of them? Maybe not.
Around the Office
David Dickens Grandson - Baby David!
Weekly Quote, Tip, Riddle & Recipe
 
WEEKLY QUOTE -   “One person with a belief is equal to a force of 99 who have only interests.”     
~ John Stuart Mill

WEEKLY TIP -   Are you worried that long-term care expenses might eat up your parents’ financial resources? Urge them to develop a plan for funding their health care needs through insurance products or other resources.

WEEKLY RIDDLE -   It has two rings. It moves upon request. If a mixture is not right, it simply sits and rests. What is it?    
 
Last week’s riddle:
Nate gets messages every day from people who want his services, yet he gets paid when he drives away his customers. What does he do for a living?
    
Last week’s answer:
He is a rideshare driver.


Recipe of the week!

Find quick and easy dinner recipes from Food Network, including sides and desserts, for great weeknight meals all spring.

Spring is finally here! 
Do you have a friend or colleague that could benefit from KC Financial Advisors services? 
 
If you know someone who:

  • Would like a second opinion.
  • Doesn't have an income plan.
  • Recent job change - Needs help rolling over 401K
  • Organizing your orphaned 401K's.
  • Is recently widowed or divorced.
  • Still has the same portfolio they did in 2008, but are hoping to find a different result this time.
  • Is looking to reduce their taxes.

Please provide us their contact information or give them our name.

We truly appreciate the opportunity to serve you & those who are important to you! 
Office Information
KC Financial Advisors
Located in Corporate Woods
10975 Grandview Dr. , Ste. 190, 
Overland Park, KS 66210
(913) 317-1414
      
Citations.
[1] https://www.irs.gov/newsroom/dirty-dozen

Disclosures:
Disclosure: Dickens Law and KC Financial Advisors are two separate companies, although they share office space. When Dickens Law renders services or gives advice, it does so only on behalf of the Law Firm, and not on behalf of the Financial Firm. Likewise, when KC Financial Advisors renders services or gives advice, it does so only on behalf of the Financial Firm, and not on behalf of Dickens Law, LLC.

Investment Advisory Services are offered through Brookstone Capital Management, LLC, an SEC Registered Investment Advisor. KC Financial Advisors and Brookstone Capital Management LLC are separate companies. These views should not be construed as investment advice. Neither Brookstone Capital Management LLC nor any named representative gives tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Please consult your financial advisor for further information.

Brookstone Capital Management (BCM) and its Investment Advisor Representatives act as fiduciaries for all of our investment management clients. We have an obligation to act in the best interests of our clients and to disclose any conflicts of interests and all associated fees. Additionally, the recently enacted Department of Labor (DOL) Fiduciary Rule imposes a fiduciary duty upon advice given to any retirement account, including qualified insurance annuity products. Please refer to the BCM firm brochure (Form ADV 2A) for additional information regarding the fiduciary standard.

The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), should not be construed as an endorsement of the wealth manager by Crescendo Business Services or any client. The award methodology does not evaluate the quality of services provided. The award is not indicative of the award winners future performance. For more information on the Five Star Award and the research/selection methodology, go to: www.fivestarprofessional.com/wmresearch .