by westlakeFi | Mar 18, 2019 | News, Opinion, Politics, Stock Market
As we celebrate a ten year old bull market it is worthwhile to see how we got here. Yogi Berra called it correctly with his statement, “It’s tough to make predictions, especially about the future.” At a press conference on March 3, 2009, it was at the time President...
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 | Feb 25, 2019 | News, Politics, Stock Market
Expect President Donald Trump to soon take full credit for the terrific stock market performance this year. The administration and Trump allies kiss this President’s ring for ridding the country of excessive regulations on businesses, questioning trade policies,...
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 | Dec 21, 2018 | Stock Market
About four years before the 2000-02 “tech wreck” where the NASDAQ dropped 80%, according to Yahoo Finance, former Federal Reserve chairman Alan Greenspan warned of “irrational exuberance” at a dinner speech. In an interview with CNN on December 17, 20018 Greenspan...
by westlakeFi | Dec 13, 2018 | Financial Management, Stock Market
Opinions are like belly buttons; everybody has one. Only time will who is right, but I offer and look for opinions that are well sourced. When one is prepared for the most unlikely scenario that person is more likely to tell their story no matter what happens. Rather...
