I have my suspicions that the New Year is going to bring some interesting dynamics to the stock market. I’ve attempted to address the Current Environment that we are in by discussing where we’ve been historically, why I continue to maintain a large cash position in my clients’ portfolios, and where I think we’re headed in 2012. payday loans online ontario In my mind, 2008 drew a line in the sand. Everything before that – [...]
This past week was a rocky week that ended in a sharp selloff over Thursday and Friday. The sharp decline in global stocks was mostly precipitated by the ongoing nightmare that is Europe. One very notable event this past week was the fall of the last safe haven - the Swiss Franc. The Swiss National bank (SNB) has done its very best to avoid devaluing their currency while all other currencies are in a race [...]
Need FREE financial advice? I’m reserving Tuesday mornings from 9:30 - 11:30 for anyone with financial questions (investments, insurance, debt reduction, etc.). Come meet me at Starbucks on 119th & Glenwood in Overland Park to receive a free drink and free advice! If you'd like to ensure your spot for an exact time, please call 913.693.7918. Otherwise, feel free to stop in at your convenience. cabelas chief financial John P. Chladek, MBA, CFP® is the President of Chladek Wealth Management, LLC, [...]
The markets have certainly been frightening over the past couple weeks. As such, I have been receiving many “thank you” emails and phone calls from clients for selling before the market sell-off last Thursday. Several of you have spoken of friends and relatives who are anxious about their current advisors strategy (and likely for good reason), but many people are skeptical of how I was able to “get out” and avoid the steep losses everyone [...]