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IEEE Power and Energy Society |
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| Phoenix Chapter |
| November 2009 Luncheon Meeting |
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| Date: |
Wednesday, November 18, 2009 |
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| Location: |
APS Deer Valley Building N-1, Conference Room E (map) |
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2124 W. Cheryl Dr. |
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Phoenix, AZ |
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| Speakers: |
Gregory Wojak M.S. and Gail Waytena Ph.D., MBA, Financial Advisors, LPL Financial |
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| Topic: |
Building Better Investment Portfolios in Uncertain Times |
Summary:
Recently, markets have been extremely volatile in response to the global financial crisis. The S&P 500 index has dropped to pre-2000 values, and some international markets have fared even worse. This has prompted some investors to question the validity of a long-term, diversified investment strategy. The presenters showed why these tenets are still valid, and how they apply to today’s market. They also examined the economic outlook for the next 3-5 years and took a look at the trends that are actively shaping the market. They discussed the potential effects of inflation, higher taxes, slower economic growth, and the weakening dollar on a portfolio and how to diversify some of the risks caused by these factors. 22 persons attended, including the two speakers.
Alternative strategies and mutual funds were also discussed. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
Biography:
Gregory J. Wojak M.S. is a Financial Advisor and Account Executive at LPL Financial* in Chandler, AZ. Greg focuses on economics and provides wealth management and retirement planning for institutional and retail clients. Before joining LPL, he worked with institutional investors providing them with research and diversification strategies to help them generate improved account performance. Before entering the financial field, he was a Project Manager at ABB Europe, a Research Scientist at North Carolina State University, and founded a semiconductor materials company.
Gail L. Waytena Ph. D., MBA is a Financial Advisor, Principal and Branch Manager at LPL Financial* in Chandler, AZ. Gail focuses on risk management and provides wealth management and retirement planning for Foundations, Corporations and individuals. Before joining LPL, she worked as an Analyst/Investment Banker at Moors and Cabot (San Francisco, CA), a Wealth Manager at Sonora Investment Management (Tucson, AZ), and a Financial Advisor at American Express Financial Advisor (Phoenix, AZ). Before entering the financial field, she was an Engineer/Physicist at Naval Research Laboratory and ATSI, Inc.
*LPL Financial, Member FINRA /SIPC
Contact Information:
Gail L. Waytena, MBA, Ph.D.
Financial Advisor, Principal
gail.waytena@lpl.com
Gregory Wojak
Financial Advisor, Account Executive
gregory.wojak@lpl.com
LPL Financial
3115 South Price Rd
Chandler, AZ 85248
Phone: 480-384-8106
Fax: 480-384-8103
(Last modified: Thursday, November 19th, 2009 @ 16:49:16 Webmaster)