whyweplan blog
(866) 77-WEALTH

October 2017

Wesbury’s Monday Morning Outlook: “Continuity” At Fed, Not Best For Long-Term
Date: October 30, 2017
|
Posted by:

The short-short list for new Fed Chair includes Janet Yellen, Fed Governor Jerome Powell and Stanford economist John Taylor, the author of the “Taylor Rule.” Right now Jerome Powell – a former Wall Street executive at Dillon Reed – is the runaway favorite. Taylor and Yellen are a very distant second and third. The Trump […]

What is the real definition of ‘financial planner’?
Date: October 25, 2017
|
Posted by:

A lot of people call themselves financial planners but are not. Selling financial products, selling insurance products, buying stocks, etc. is not financial planning. In this video, Michael Rogan, founder of Rogan & Associates explains what real financial planning entails.

Wesbury’s Monday Morning Outlook: Can We Afford a Tax Cut?
Date: October 23, 2017
|
Posted by:

Congress took a big step last week toward enacting some sort of tax cuts and tax reform. That big step was the US Senate passing a budget resolution creating the room for ten years of tax cuts totaling $1.5 trillion with a simple majority vote. This procedure means there is no need to break a […]

Is It Trusted Investment Advice or an Advertisement?
Date: October 18, 2017
|
Posted by:

The media talk shows on financial news are many times paid advertisements promoting certain products. Talk to your financial advisor to get an unbiased opinion and direction.

Wesbury’s Monday Morning Outlook: GDP Growth Looking Good
Date: October 16, 2017
|
Posted by:

Next week, government statisticians will release the first estimate for third quarter real GDP growth. In spite of hurricanes, and continued negativity by conventional wisdom, we expect 2.8% growth. If we’re right about the third quarter, real GDP will be up 2.2% from a year ago, which is exactly equal to the growth rate since […]

Another “Worst Day to Invest”
Date: October 16, 2017
|
Posted by:

30 years ago this week, the US stock market suffered its greatest one day loss in history when it dropped some 22%. This marked the second day of a 27% two day decline and the end of a total fall of more than 40% from a late summer peak. That day, forever known as Black […]

Referrals are the highest compliment!
Date: October 11, 2017
|
Posted by:

Years ago we helped a firefighter with his retirement plan, and he told his friends and co-workers. We now work with 4 or 5 dozen of his current or former co-workers. That tells us they are happy with our services and they trust us. If you would like to have more confidence in your financial future, […]

Wesbury’s Monday Morning Outlook: Longest Recovery Ever
Date: October 10, 2017
|
Posted by:

If the current economic expansion lasts another year and a half, it’ll be the longest on record, even surpassing the expansion of the 1990s that ended in early 2001. Notice how we didn’t say it’ll be the “best” expansion of all-time, just the longest; it’s not the best by a long shot. From the recession […]

The Worst Day to Invest?
Date: October 9, 2017
|
Posted by:

Ten year ago this October 9, the stock market hit an all-time high level. Over the next 17 months, a disastrous mix of market greed, unintended consequences from poorly conceived financial regulations, and even worse reactions to those unintended consequences caused the stock market to decline by more than half. Thus, October 9, 2007 marked […]

Have a great weekend!
Date: October 7, 2017
|
Posted by: