by westlakeFi | Jun 26, 2020 | Article, Community, Economic, Financial Management
Freedom via Frugality Fireworks sales are expected to top $1.3 billion this year, according to USA Today. While that’s interesting, allow me to do what I can here to help you afford to celebrate your own financial independence. As a financial advisor since 1979 I...
by westlakeFi | Jun 5, 2020 | Article, Community, News, Opinion
Facebook Twitter LinkedIn Like Spend, Baby, Spend Just Came to an End The global stock market has appeared to melt dramatically on the hopes for a COVID-19 virus and a resurgence of consumer spending. After big gains from the March 23, 2020 lows, we do not believe the...
by westlakeFi | May 6, 2020 | Article, Community, News, Opinion
Facebook Twitter LinkedIn Like The Great Repression In articles I wrote, and in national news interviews where I appeared starting in December 2019, I put the odds of a recession at 30%. In January 2020, I raised the odds to 80%, and in March, I increased the odds to...
by westlakeFi | Apr 17, 2020 | Article, Community, News, Opinion
Facebook Twitter LinkedIn Like Act As If A Recession Is In The Cards Too many Americans are notorious for acting like they are trying to keep up with the Kardashian’s. As we spend, baby spend, we are not at all prepared for any rainy days, anytime in our future. In...
by westlakeFi | Mar 3, 2020 | Article, Community, News, Opinion
Facebook Twitter LinkedIn Like From Complacency to Panic in a Nanosecond The coronavirus has made its way to the Western world, sparking fears of a global pandemic. Of concern is a new case in California where the patient had not come from a country known to have the...
by westlakeFi | Feb 5, 2020 | Article, Economic, Stock Market
Facebook Twitter LinkedIn Like The Perils of Passive Investing Amidst the stock selloff in December 2018, where the market was off 20% according to Yahoo Finance, my friend, Jeffrey Gundlach sounded the alarm on passive investing. “I wouldn’t advise anyone to be a...
