kevin m. wilson, phd chairman/ceo
DESCRIPTION
Bi-Monthly Market Review “Comprehensive Investing Strategies in 2014” (Solving Investors’ Dilemmas) March 20 , 2014. Kevin M. Wilson, PhD Chairman/CEO. Ted A. Pavlovich, WMS President/Wealth Mgmt. Advisor. Office: 218-464-4399 Toll Free: 877-327-5062 Fax: 218-464-4397 - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/1.jpg)
Kevin M. Wilson, PhDChairman/CEO
1405 Medical Arts Building324 W. Superior StreetDuluth, MN 55802
Office: 218-464-4399 Toll Free: 877-327-5062
Fax: 218-464-4397Email: [email protected]
www.bluewatercapitaladvisors.com
Bi-Monthly Market Review
“Comprehensive Investing Strategies in 2014” (Solving Investors’ Dilemmas)
March 20, 2014
11
Ted A. Pavlovich, WMSPresident/Wealth Mgmt.
Advisor
![Page 2: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/2.jpg)
INTRODUCTION
TED A. PAVLOVICH
2
![Page 3: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/3.jpg)
OUR NEW TEAM AT BWCA
KEVIN M. WILSON3
Matt Timpane Bret Gitar Nate Weiland
![Page 4: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/4.jpg)
SOLVING THE 401K PROBLEM FOR CLIENTS
4
TED A. PAVLOVICH
![Page 5: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/5.jpg)
Some Plans Make All Of The Decisions For You – But What If You Have To Decide?
![Page 6: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/6.jpg)
6
You May Have Some Choices To Make On What To Own And How Much To Own
1. Process
2. Allocation
![Page 7: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/7.jpg)
7
Trends Can Last A While, But Then Change Rather Suddenly
![Page 8: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/8.jpg)
8
We’re Different….
…We Do Our Best To Ring-Fence Your Risk
![Page 9: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/9.jpg)
PEELING THE ONION ON ASSET ALLOCATION
9
KEVIN M. WILSON
![Page 10: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/10.jpg)
10
There Are Various Risk Factors To Consider
![Page 11: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/11.jpg)
11
Stocks Appear Over-Valued
-19
-57-49
-34-48
-36-22
-26
![Page 12: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/12.jpg)
12
Stock Prices Regress To The Mean
S & P 500
![Page 13: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/13.jpg)
13
How We Deal With All This
![Page 14: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/14.jpg)
14
Momentum,Value, L/S,Yield/Carry
Cliff Asness
Mom.
Val.
L/S
Y/C
![Page 15: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/15.jpg)
15
Alternative Bond & Stock Strategies Can Cut Risk Levels
![Page 16: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/16.jpg)
16
Fundamentals Help Us Pick Stocks
![Page 17: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/17.jpg)
REVISED OUTLOOK FOR 2014
17
KEVIN M. WILSON
![Page 18: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/18.jpg)
All Useful Measures Indicate Over-Valued Markets
![Page 19: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/19.jpg)
19
But Some Trend Indicators Have Not Yet Peaked (e.g., New Highs-New Lows)
![Page 20: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/20.jpg)
20
And Other Trend Indicators Have Also Not Yet Peaked (e.g., Cum. Advance-Decline)
![Page 21: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/21.jpg)
21
On The Other Hand, There Are Some Divergences
![Page 22: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/22.jpg)
22
There Are Other Factors To Consider:
1) Margin Debt at $453 Billion2) Insider Selling Is Setting Records3) IPO’s Are Increasingly Frothy4) Copper & Iron Ore Prices Falling5) Profit Margins Very High 6) Share Buybacks Decreasing7) Cash Inflows Slower Than In 2013
![Page 23: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/23.jpg)
SUMMARY
23
KEVIN M. WILSON
1. We’re Able To Help With Retirement Plans2. Our Tactical Segmentation Approach Limits Risk3. Markets Will Correct Soon, But The Bull Run
May Continue4. Volatility May Return To Markets
![Page 24: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/24.jpg)
Q & A
24
KEVIN M. WILSONTED A. PAVLOVICH
![Page 25: Kevin M. Wilson, PhD Chairman/CEO](https://reader035.vdocuments.net/reader035/viewer/2022062410/56816141550346895dd0b330/html5/thumbnails/25.jpg)
This report is provided for informational purposes only and does not constitute an offer or solicitation to purchase or sell any security or commodity and is not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. Any opinions expressed herein are subject to change at any time without notice. Information has been obtained from sources believed to be reliable, for its accuracy and interpretation are not guaranteed.
Investing in securities involves risk, including possible loss of principal. Past performance should not be taken as an indication of guarantee of future performance and no representation, express or implied, is made regarding future performance.
The firm does not provide tax advice; clients should contact their attorney, accountant, or other tax adviser regarding tax matters.
“BWCA is a state registered investment adviser in all states in which it is required to be registered. All Blue Water Capital Advisors’ customer assets are held in the customer name with Fidelity Institutional Services, clearing through National Financial Services (NFS), Member SIPC, a Fidelity Investments Company as Qualified Custodian.”
Disclaimer
2525