Wagner Financial

Financial stress can impact people in a variety of ways and many are worried about what the future holds. Starting with a plan can help alleviate many of these worries. If you haven’t already, contact us to get started with your personal financial plan. . . . #financialplanning #investmentmanagment #independenceplanning #ventura #camarillo #oxnard #santabarbara #stayinvested @ Downtown Ventura

#flashbackfriday to 2016 when Steve and Chris visited the New York Stock Exchange. . . . #financialplanning #nyse #independeceplanning #financialindependenceplan #ventura #camarillo #oxnard #santabarbara #stayinvested @ Downtown Ventura

Market corrections happen fairly often and even in the good years, including in recent strong-return years like 2010 and 2012. From 1983 to 2017, the S&P 500 Index has experienced at least a 5% intra-year decline in every year but two. The median intra-year decline over the past 35 years has actually been 9.3%. But notice, equities have still posted positive returns in 30 of those last 35 years with median annualized total returns over that period of over 15%. So let’s... take a page from Warren Buffet, when asked by a CNBC personality in 2009 how it felt to have lost 40% of his lifetime accumulation of capital, he said it felt about the same as it had the previous three times it had happened. The bottom line is, market corrections do not equal a financial loss unless you sell. Source: Bloomberg, 12/31/17. Calendar-year returns are total returns, meaning that they do include the reinvestment of dividends. The index is unmanaged and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict the performance of any investment. Past performance does not guarantee future results. #venturafinancialplanning #stayinvested @ Wagner Financial

The Ventura Police Department is advising the community to be aware of dangerous scams that have been occurring in the area. A few common phone scams are: The IRS scam claiming money is owed and must be paid over the phone. Edison or Gas Co. scam claiming that money is owed or your service will be shut off. Jury Duty Scam threatening jail time if you do not pay for your failure to appear for jury duty.... "Can you Hear me Scam" is used to get the victim to say "yes". This is recorded and used to access the victims accounts. Text Message Phishing Scams send a spoofed bank telephone number urging the victim to call regard detected fraudulent charges on their debit card. Scammers are even posing as a victims grandchild, claiming to be in need of money for bail. The Ventura Breeze recently put out an article with more useful tips. Visit venturabreeze.com and search phone scams.

Notice that the odds of winning any of the most popular games in Vegas never reach 50%; for comparison’s sake, over rolling monthly one-year holding periods the stock market has been up 75.7% of the time. Over rolling monthly 15-year periods, stocks are up 99.8% with the only two down periods coming during the Great Depression. Ironically, the longer you sit at a table in Vegas the worse your odds get, because as we know the house always wins. Source: Morningstar Direct, 1...2/31/17. Chart is for illustrative purposes only and is not intended as investment advice. U.S. stocks are represented by the S&P 500 Index. Index is using a composite backtest of Ibbotson data and the S&P 500. Source of Casino odds: Wizard of Odds. The charts are hypothetical examples which are shown for illustrative purposes only and do not predict or depict the performance of any investment. Past performance does not guarantee future results. See more

September is Life Insurance awareness month. With that being said, we urge you to not neglect this aspect of financial wellness. As the statistic shows, 1 in 5 who DON’T have life insurance see the need to get covered, so don't hesitate to contact us today... If you DO have a policy, let us review your current policy. In 4 out of 5 policies we review we can save you money on your premium. #financialindependenceplan

Steve and Chris attended an executive education forum at the Wharton School at Penn University in Philadelphia. The curriculum was designed and taught by world-class professors including Richard Marston, professor of Finance; Olivia S. Mitchell, PhD professor of Business Economics; and Michael Useem, PhD professor of management. This comprehensive forum focused on how to address the fluctuating demands of the financial services industry, including helping to identify and implement competent wealth management solutions for individuals, families and businesses. #financialindependenceplan @ Wharton School of Business

In 2017 Wagner Financial moved into a new office building in Downtown Ventura, California. We're beyond excited about the move and cannot wait to see you here at our new space.