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.
2013 proved to be a profitable year for investors. The S&P 500 rose 29% and set new record highs. Global balanced indexes, more representative of most people’s portfolios also did very well returning about 20% despite a tough year in China which lost 9%.
The high return of the stock market had an expected effect on people. Many investors started to chase returns and look to be more aggressive after years of being risk averse. The result was that 2013 saw the most money from retail investors flow into stocks since 2000. I discussed this in a November article on MarketWatch titled “How Bad Will New Investors Get Hit.”
The problem with this of course is that the stock market has more than doubled since 2009 and the economy has not done nearly as well. In becoming more aggressive now, investors are betting that the economy will improve enough to justify a continued rise in stocks.
Interestingly, I find very few people who actually believe the economy is improving in a substantial way.
I am among those who believe that economics are not keeping up with stock market returns. One needs only look at the fact that the Federal Reserve has printed far more money than the economy has grown the past few years to understand that growth is largely illusionary.
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.