tag:blogger.com,1999:blog-806216432128768456Tue, 03 Mar 2026 20:57:53 +0000http://stephengerritz.blogspot.com/noreply@blogger.com (Stephen L. Gerritz)Blogger672125tag:blogger.com,1999:blog-806216432128768456.post-1819101706424078555Fri, 04 Oct 2024 21:43:00 +00002024-10-04T14:46:17.520-07:00Altruist , our new custodian, has purchase  Shareholders Services Group (SSG).The Altruist’s partnership with SSG is a fully digital account conversion from Pershing to Altruist. For you this means lower fees, less paperwork, faster service, more robust security, higher yields on cash, and a custody experience that is modern, intuitive, and easy to use.http://stephengerritz.blogspot.com/2024/10/altruist-our-new-custodian-has-purchase.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-4151811548709087803Fri, 06 Oct 2023 21:24:00 +00002023-10-06T14:24:08.002-07:00 Please make note of my new business Phone number and address. Gerritz Wealth Management, Inc. 541-664-3892 555 Freeman Rd Unit 169 Central Point, Oregon 97502-2558 Stephen L Gerritzhttp://stephengerritz.blogspot.com/2023/10/gerritz-wealth-management-inc-new-phone.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-5065103880195228850Mon, 27 Feb 2023 22:57:00 +00002023-02-27T14:59:35.033-08:00Due to mid-year brokerage firm transfers, you be will getting 2022  tax forms from both Shareholders Service Group and Folio (Goldman Sachs).Folio (Goldman Sachs) 1099s, 1099r, and form 8949 will be available about the middle of March.Don't hesitate to call me at 541-608-9958 any time, for any reason (this is a direct line to me).http://stephengerritz.blogspot.com/2023/02/folio-goldman-sachs-1099s-1099r-and.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-7525618404936016805Mon, 10 Oct 2022 22:08:00 +00002022-10-10T15:09:22.032-07:00 Bear markets are usually followed by Bull Markets.  Look at the chart below.http://stephengerritz.blogspot.com/2022/10/bear-markets-are-usually-followed-by.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-1127714250361581082Wed, 28 Sep 2022 21:50:00 +00002022-09-28T14:50:28.015-07:00 You may need to get your 2022 1099s directly from Folio. Keep your user name and password.Stephen L Gerritzhttp://stephengerritz.blogspot.com/2022/09/you-may-need-to-get-your-2022-1099s.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-7591487704670539607Tue, 20 Sep 2022 18:47:00 +00002022-09-20T11:47:30.885-07:00 Most client accounts remain all cash. The best thing to do in a bear market is to preserve capital. Accounts will keep high cash positions until the Federal Reserve is through raising interest rates.Stephen Gerritzhttp://stephengerritz.blogspot.com/2022/09/cash-is-king-in-bear-market.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-8216509492861928482Tue, 02 Aug 2022 23:32:00 +00002022-08-02T16:33:37.688-07:00 The majority of Folio accounts have transferred to Shareholders Service Group.  Today I mailed SSG online account authorization forms. When you get these forms you must signed for each account separately to have the accounts available for online viewing.Stephen L Gerritzhttp://stephengerritz.blogspot.com/2022/08/the-majority-of-folio-accounts-have.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-1195886459838757918Fri, 29 Jul 2022 21:48:00 +00002022-07-29T14:48:52.859-07:00 Folio Institutional to Shareholders Service Group transfers now in process.Some accounts have already transferred.   I am still waiting for final paperwork on a couple accounts.  I expect transfers to be completed in August.Stephen L Gerritzhttp://stephengerritz.blogspot.com/2022/07/folio-institutional-to-shareholders.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-4580252526075981423Thu, 16 Jun 2022 15:02:00 +00002022-06-16T08:02:25.830-07:00I have moved all Folio accounts to all cash in preparation for the transfer to Shareholders Service Group. Stephen L Gerritzhttp://stephengerritz.blogspot.com/2022/06/i-have-moved-all-folio-accounts-to-all.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-2567755095871868036Mon, 13 Jun 2022 01:09:00 +00002022-06-12T18:09:08.362-07:00 2022 IRA RMDs need to be taken before your account transfers to Shareholders Service Group. I will begin doing the RMDs next week.Stephen L Gerritzhttp://stephengerritz.blogspot.com/2022/06/2022-ira-rmds-need-to-be-taken-before.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-2747039558742690170Sun, 12 Jun 2022 14:32:00 +00002022-06-12T07:33:56.002-07:00 How to make a copy of your Oregon Drivers License!1. Place your Drivers license on the flatbed glass of your printer.2. Your printer has a button or tab that reads Copy.3. Press the Copy icon and select photo.4. Your printer will then scan the license and print out your drivers license copy.http://stephengerritz.blogspot.com/2022/06/how-to-make-copy-of-your-oregon-drivers.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-3368247070696267763Thu, 14 Apr 2022 16:25:00 +00002022-04-14T09:25:23.263-07:00 8.5% inflation, rising interest rates, high oil prices, and the war in Ukraine are causing the stock and bond markets to be very volatile. I have taken a very defensive position in your Folio accounts. I sold out of all bond positions a couple months ago. I have also reduced equity position to about 25%.  Your Folio accounts have held up very well (close to all time highs). We hadhttp://stephengerritz.blogspot.com/2022/04/volatile-stock-and-bond-market.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-7288128209197269668Fri, 11 Mar 2022 23:18:00 +00002022-03-11T15:18:35.730-08:00 Folio finally issued 2021 1099s and Form 8949 - I will mail them out to you today.Stephenhttp://stephengerritz.blogspot.com/2022/03/folio-finally-issued-2021-1099s-and.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-1412430198663481620Mon, 07 Mar 2022 16:47:00 +00002022-03-07T08:47:16.449-08:00 Folio has not issued Taxable account 1099s and Form 8949 yet.  I am hoping they will be available soon. I will mail them to you as soon as they are issued.Stephen Gerritzhttp://stephengerritz.blogspot.com/2022/03/folio-has-not-issued-taxable-account.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-5086799823157025404Wed, 02 Mar 2022 18:41:00 +00002022-03-02T10:41:27.489-08:00 Folio 1099s for Taxable Accounts will not be available to me until Friday the 5th. I will print and mail the 1099s as soon as I get them.Stephen Gerritzhttp://stephengerritz.blogspot.com/2022/03/folio-1099s-for-taxable-accounts-will.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-6029199445114610639Sun, 27 Feb 2022 01:05:00 +00002022-02-26T17:09:35.497-08:00 Folio 1099 Forms will be mailed to you after February 28th.http://stephengerritz.blogspot.com/2022/02/folio-1099-forms-will-b-mailed-to-you.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-2558719365669731678Sun, 15 Aug 2021 19:51:00 +00002021-08-15T12:51:47.008-07:00Gerritz Wealth Management, Inc new address is:        Stephen L Gerritz        274 Mt Echo Drive        Medford, Or 97504541-608-9958http://stephengerritz.blogspot.com/2021/08/please-make-note-of-gerritz-wealth.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-5037293584747441421Sat, 27 Feb 2021 19:05:00 +00002021-02-27T11:05:20.287-08:00 Remaining Folio 2020 1099s and form 8949 Mailed out today!http://stephengerritz.blogspot.com/2021/02/folio-2020-1099s-and-form-8949-mailed.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-336576437831873658Thu, 31 Dec 2020 17:51:00 +00002020-12-31T09:51:37.552-08:00 http://stephengerritz.blogspot.com/2020/12/happy-new-year-2021.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-4566976895781589462Thu, 04 Jun 2020 17:18:00 +00002020-06-04T10:20:11.941-07:00 Dear Shareholders Service Group Clients, For many years, SSG has had a “paper delivery fee” on our fee schedule for mailing statements and confirms.  However, SSG has not been not been charging this fee to many client accounts.  Unfortunately, the costs for printing and mailing statements and confirms are increasing, making it difficult for SSG to continue to waive the fees.  http://stephengerritz.blogspot.com/2020/06/effective-august-1st-accounts-will-be.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-34829721024723210Mon, 20 Apr 2020 23:59:00 +00002020-04-20T16:59:24.878-07:00The bipartisan COVID-19 stimulus bill just signed by President Trump includes welcome tax relief for retirees: The required minimum distribution rules for Individual Retirement Accounts and 401(k)s are waived for 2020. That means that instead of taking money out this year, retirees can keep their investments growing. I will call you in October to see if you want to skip your 2020 http://stephengerritz.blogspot.com/2020/04/the-required-minimum-distribution-rules.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-5359744370692982523Sat, 29 Feb 2020 22:02:00 +00002020-02-29T14:02:10.599-08:00Just dropped in the Mail Today 2019 Folio 1099s and Form 8949s. Give these forms to your tax preparer. Stevehttp://stephengerritz.blogspot.com/2020/02/just-dropped-in-mail-today-2019-folio.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-7377103905419667863Wed, 08 Jan 2020 20:09:00 +00002020-01-08T12:09:02.695-08:001099r and 1099 forms will be available in late January and late February.  I will personally mail Folio forms to you as soon as I receive them. Shareholder Services Group will mail 1099 forms directly to you. I will be going on a trip to Yuma in February or March. I will send a new blog post when I actually go. Make a note of my cell phone number, (541) 601-1241. I only use this phone when http://stephengerritz.blogspot.com/2020/01/1099r-and-1099-forms-will-be-available.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-5676434417914309775Tue, 31 Dec 2019 20:13:00 +00002019-12-31T12:18:43.671-08:00 Gerritz Wealth Management wishes you a happy and safe New Year! Just a reminder: We have retired our 800 phone number. You can reach us at 541-608-9958. http://stephengerritz.blogspot.com/2019/12/happy-new-year-2020.htmlnoreply@blogger.com (Stephen L. Gerritz)0tag:blogger.com,1999:blog-806216432128768456.post-3847827959235426461Fri, 15 Nov 2019 22:32:00 +00002019-11-15T14:34:28.334-08:00Gerritz Wealth Management, Inc. is taking  its 800 Phone Number out of service by the end of the year. Please write down our 541-608-9958 number as our only working phone number.  The 800 number was getting way to many Robotic calls.  Also, most of our clients have been calling our 541-608-9958 number. Stephen L Gerritzhttp://stephengerritz.blogspot.com/2019/11/gerritz-wealth-management-inc-is-taking.htmlnoreply@blogger.com (Stephen L. Gerritz)0