May 29, 2014
Behavioral psychology has more to do with how a person fares in the stock market (and all other markets) than actually how well the investment itself does. Study after study confirms that investors, as a whole, do significantly worse than the investments.
Why?
Come find out the science behind why the general investing public makes the same mistakes over and over again, and find out how to create new pathways in the brain to overcome making those same very human mistakes.
We are proud to present Dr. David Weule, an expert at Neuro Linguistic Programming, who will delve into the scientific reasons for our self destructive behavior. The event will take place at 6:30 p.m. Thursday June 12th at Shadowridge Country Club in Vista. We will be serving fruit, cheese and wine in addition to desserts and coffee.
We think this is one of the most important events we have showcased up to now. It is part of our ongoing educational “Proactive Wealth Process” for our clients so they can become the best, and hopefully most educated investors they can be.
Please RSVP to Kerry Harmon at Kerry@wwmfinancial.com or call us at 760-692-5190.
May 23, 2014
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Kerry and Jodi of WWM Financial volunteering at a Habitat for Humanity project.
Kerry Harmon and Jodi Mills from WWM Financial participated in Women Build 2014. During the first week of May 2014 in Imperial Beach, women from all over San Diego came together, swinging their hammers, so families can live in safe, decent, affordable homes. San Diego Habitat for Humanity makes home ownership affordable by offering qualified low income families a zero percent mortgage and “sweat equity” to be used as the down payment. Women Build does not exclude men from volunteer efforts, but includes women in the construction process, offering an empowering, unique, fun, and positive environment for women to give back, and to learn a few construction skills along the way! The day also includes a little pampering for our hard working ladies!
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Women Build
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May 6, 2014
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Welcome Savvy Women!
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Kerry and Catherine preparing for our Savvy Women “Invest on Purpose Seminar”
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Our most recent Savvy Women class.
Savvy Women “Invest on Purpose”
Revealing your Strengths as a Woman to Accomplish MORE with Your Money.
You’ve spent a lifetime using your strengths as a woman to make smart decisions about life.
Isn’t it time to apply those same strengths to making financial decisions?
To RSVP for our next Savvy Women Seminar
Click on the link below or cut and paste into your browser.
https://wwmfinancial.com/event/savvy-women/
WWMFinancial.com
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Apr 14, 2014
Vince Stefano, Portfolio Manager
WWM Financial
During the past 6-9 months ending in February of this year, the vast number of technology, retail and healthcare stocks in our New Innovations Portfolio, especially biotechnology, surged to all-time highs. Momentum built among high frequency traders as they continued their buying spree, regardless of market or stock price levels. Even the multi-billion dollar macro hedge funds increased their overall net exposure to offset the sharp losses in their short portfolios. Stocks of all kinds went straight up.
Unfortunately, we all know that surging markets reverse. Weak stock fundamentals are not the only reasons that contribute to a sharp decline. Headline news such as a slowdown in China, Russia’s annexation of the Crimea, the Federal Reserve continuing its taper program, and a number of Wall Street technicians calling for a market correction, all had a negative impact on investor psychology. Greed was replaced by fear.
Both the Dow Jones Industrial Average and the S&P 500 Index have a few mega-cap companies that can mask a sharp deterioration in the overall breadth of the market. Since the February high, biotechnology stocks, technology stocks (especially cloud related), and retail stocks have all sold off dramatically. As a result of the recent decline, many small to mid capitalization growth stocks have reversed much or all of their mid-February gains and are approaching bear-market levels. To some investors these stocks have lost their luster. To others, a resetting of these stocks at a lower and more attractive valuation is a positive as it creates a possible buying opportunity.
The big question is what to do. There is an old Adage: “The market can tell you when to get out, but not back in.” If you listen to the talking heads on TV and radio financial programs, they rant continuously about the negatives. Listening to this, the average investor wants to sell everything and put the money under his or her mattress. However, do you exit Nordstrom’s when merchandise is marked down 40% or more? Do you put your home up for sale when prices drop 20%? Most likely not. In fact, you’re probably more inclined to buy!
The same holds for stocks. Opportunity exists at market extremes. The recent sell-off in high-quality growth stocks has not changed their fundamentals, only their price. Many of these companies continue to grow top-line revenue by selling a unique product or service to an expanding marketplace. Disruptive technology is forcing companies to rethink their overall business plan and search out new innovations to increase competitiveness and profitability. Simultaneously, investors seeking to benefit from current inefficiencies should once again focus on high-quality rapidly growing companies with attractive fundamentals, improving balance sheets and
the ability to capture a large portion of their addressable market.
