by westlakeFi | Mar 28, 2019 | Financial Management, Opinion, Retirement, Stock Market
Unlike just 15 years ago, many boomers are discovering that the large, high-end homes with their high-maintenance costs no longer fit their needs as they grow older. Oh, but younger people aren’t buying them. It wasn’t that long ago when boomer retirees were rushing...
by westlakeFi | Mar 8, 2019 | Financial Management, Opinion, Retirement, Stock Market
Building sand castles is great fun on the beach until an unforeseen wave or wind bluff picks up a grain of sand or two to cause your beautiful monument of creativity to come crashing down forever, right before your very eyes. The date of ‘the fixer’s’ testimony,...
by westlakeFi | Jan 3, 2019 | Retirement, Stock Market
As you know, former Fed Chair Alan Greenspan said, ‘Run for cover.’ But, where and how? On Christmas Eve we called clients to say we know you are worried about your money, which is with good reason. From 9/20-12/24 stocks are off 20%, according to Yahoo Finance. Your...
by westlakeFi | Oct 22, 2018 | Opinion, Retirement, Stock Market
You and I didn’t feel it but there was a 6.4 magnitude earthquake at the IMF annual meetings in Bali, where “global finance chiefs spent the week assessing the tremors now ripping through the world economy,” Bloomberg reported October 15, 2018. PIMCO’s global economic...
by westlakeFi | Oct 11, 2018 | Retirement, Stock Market
As we move to the fall season, until recently the stock market almost daily hits another new record, but some clouds are appearing on the horizon. Only time will tell if the storm clouds blow away or if a hurricane is on the way. “NOAA study finds Houston’s 100-year...
by westlakeFi | Aug 30, 2018 | Retirement
It’s been said that once we make our habits, then our habits make us. A habit that people who retire well maintain is the practice of deferred gratification. Unfortunately, it appears that Millennials who grew up with everyone on every team getting a trophy every...
