April updates from Taylor & Williams
We hope you are experiencing good days and enjoying some of this nice warm Florida weather. If you are not in Florida, then sorry, you can brag when it is 95 here in the middle of summer. We have a few things to update you on this month.
1- The end of tax season is quickly approaching. Tax returns or extensions need to be postmarked no later than April 18. (The normal due date is April 15, but that is Emancipation Day in the District of Columbia. Saturday and Sunday don’t count, so Monday, April 18th it is.) In addition, April 18th is the deadline for 2010 IRA and Roth contributions. We are not tax preparers, but we can help with any tax information needed on your accounts, plus those last minute IRA and Roth contributions. If you want to make one, please contact us ASAP.
2- Our International category fund, Janus Overseas, has fallen off our top quartile performance list. We bought them back in June of 2009, so it has been a pretty good run on their part. Our new fund in that category is Causeway International. Their performance is near the top of list, showing well through the Japan nuclear issues. As always, since we only use no-load, no-transaction fee mutual funds, this change will not cost you anything. You will be getting Transaction Confirmations soon.
3- The new and improved Taylorandwilliams.com website is up and running. You will find there our recent news / communications (including this writing), our current model allocations, our annual performance history, a link to the Schwab Alliance website, and lots of other good information. A big thanks to our friends at Digital Lightbridge for their help in both designing the site and improving our look. Digital Lightbridge’s owner, Richard Hayes, was healed from stage 4 cancer. I mentioned that diagnosis a few months back and want to give God credit for answering prayer and healing my friend. Feel free to pass along the site address to anyone you know looking for investment or planning help.
4- We are putting the finishing touches on the 1st quarter 2011 performance reports. Should have them out in the next couple days. Account values are up as the market continues to track upward. Our performance was good, just slightly under the indexes. We tweaked our portfolios to be more aggressive in early February. We were behind a little with January’s quick start, but are well positioned going forward. Gold was flat for the quarter, but has moved up in recent days.
Again, we hope all is well and that you are enjoying life to its fullest. If we can do anything to help, email us back or give a call. Always glad to help in any way we can. Feel free to pass this along to anyone you think would benefit. If we can help anyone that you know with Investment Management or Financial Planning, we would love the opportunity.
Brent Williams