Hello, my name is Kirk Spano. I am the founder of Bluemound Asset Management, LLC. My goal is to help you navigate a rapidly changing world so that you can protect and grow your financial freedom.
Today’s global economy and financial markets are experiencing seismic volatility. As I have dubbed it in the media,“slow growth forever,” is the new normal.
Over the coming decades, we will continue to see the global economy evolve in fits and bursts. While change can be scary, smart risk management can help us embrace the long-term opportunities.
Browse this site and learn about my approach. Then, contact me today, to talk about your goals, before the rush during the next inevitable bear market.
[this letter was emailed to clients January of 2008]
2007 Review: Turning Point
A Glance Back, A Look Forward & Philosophy
2007 was a very eventful and fitful year in the stock and bond markets around the world. Credit markets finally started to shake the fleas that had taken residence over several years of record breaking money creation by government, lending institutions and a quasi-banking system composed of hedge funds and private equity firms. The volatility we saw in 2007 is not likely to subside in the short run. In fact, I believe that the problems at Bear Stearns are the tip of the iceberg regarding problems that are likely to emerge in the financial sector.
Rather than bore you with a rehash of what went on specifically (there are plenty of out there), I am going to talk instead about our investment philosophy and how I look at investing– which is how I think you should look at investing.
When I was in college, my first landlord was an older gentleman named Bill who owned a lot of property in the University of Wisconsin-Milwaukee area. One day I asked Bill about property ownership and he was kind enough to discuss the process of buying, fixing up and renting out apartments. When I offered up some bad information regarding the process I had gotten from a friend, Bill offered me some advice that is the best advice I have ever gotten from a non-family member. He said, “Kirk, if you want to learn how to do something, learn from people who have done it. Don’t ask your friends or your neighbors, ask somebody who has done it, learn from their experience.”
To that end, I believe that there is a pretty good shortcut out there to doing well with investing.
Bluemound Asset Management, LLC is a fee-only Wisconsin Registered Investment Advisor • 855–445-4321
Kirk Spano works with clients throughout Wisconsin, as well as, accepts clients nationally.
All information herein has been prepared solely for informational purposes, contains no guarantees of any kind and is not an offer of case specific advice. Opinions subject to change.