Candy J. Lee

Tuesday, November 10, 2015

Saturday Family Movie – Featuring “Peanuts the Movie”

Candy and her Kirkland Financial Advisor partner, Tim Bovey invite you to join them for our annual family Saturday at the movies event. We have a private showing at the Lincoln Square Theater of the new The Peanuts Movie! Please bring the kids or grand-kids or just bring the kid-in-you to enjoy a Saturday at the movies.

RSVP to Michelle@CandyJlee.com or call her at 206-384-4390.

IRA and Retirement Plan Limits for 2016

IRA Contribution limits remain unchanged from 2015. The maximum amount you can contribute to a traditional IRA or Roth IRA in 2016 is $5,500 (or 100% of your earned income, if less). The maximum catch-up contribution for those age 50 or older remains at $1,000.
(You can contribute to both a traditional and Roth IRA in 2016, but your total contributions can't exceed these annual limits.) For information on other retirement plan limits click on the link below.

Click here for more details

The Bipartisan Budget Act of 2015

On November 2, 2015, President Obama signed into law the Bipartisan Budget Act of 2015, legislation that raises the federal debt limit and establishes the framework for a two-year budget deal. The legislation, needed to avoid an impending default on U.S. debt, also contains multiple unrelated provisions, including an elimination of two Social Security retirement benefit claiming strategies and a provision to prevent a significant increase in Medicare Part B premiums for some.

Click here for more details

Commodities – A Leadership Change?

Economist Jim Paulsen posted an interesting article on September 17, entitled “A Leadership Change? Jim documents the fact that a collapse in commodity prices is actually quite common during the middle of an economic recovery, and that in deed once commodity prices have bottomed, the pace of economic growth has accelerated. He finds that oil prices have been in just such a bottoming process since early this year. It is definitely an article worth reading.

Click here to read the full article

17th Century - The Rice Futures Market

In the 17^th century, Japan developed the world’s first futures market—which was based on trading rice. In the 1600s, Japan used a standard of measurement (koku) that was equal to the amount of food needed to nourish a person for an entire year.

Click here to read full article

Trends and Innovations: 3D printed house for $5,000

Chinese company Shanghai WinSun Decoration Design Engineering used a massive 3D printer to make 10 houses in 24 hours. The huge 3D printer – which, like smaller versions, layers materials to form various items – measures about 35 yards long by 11 years wide and is capable of printing all materials to build a 557 square foot house for under $5,000 using all recycled materials. The company plans to build 100 recycling facilities in China to keep up with demand.

Click here to read full article