More than ever, investors are concerned with the high valuations in today’s stock and bond markets. William E. Frisco, Certified Financial Planner and Registered Investment Adviser, has a lot to tell us about the market and the economy in his upcoming class, “Today’s Market: Will the Boom Times Continue?” We visited with Frisco to find out more.
WIH Reporter: What is important to know about the areas you will cover in your upcoming class?
Frisco: The class will address key areas that concern every investor such as if the stock market is overvalued and ready for a significant drop and if bond yields will rise as a result of rising inflation.
Investors are also concerned about the major changes in the new tax bill. Investors should know how much they can spend in retirement without running out of money and how the mid-term elections will possibly impact financial markets.
WIH Reporter: What kind of information will you be sharing with your students in this class?
Frisco: In addition to covering how to manage investment risks, generate income for retirement, and diversify growth portfolios to minimize volatility, I will be covering such topics as index funds, what they are, and why Warren Buffett is recommending them. I will also detail how assets should be allocated in today’s economic climate.
WIH Reporter: What mistaken impressions do you think we have about a class like yours that covers financial markets?
Frisco: People often assume that the class is biased one way or another in covering the economy, which is an incorrect assumption. Instead, we will will review strategies that have survived good times and not so good times
WIH Reporter: What will be the format of your class?
Frisco: The class is taught in a question and answer format to improve the learning process and to fully engage the participants. Each class has detailed, updated handouts covering the topics to be discussed. I will layer a foundation in each area and then open up the discussion to cover questions and concerns from the participants. The research for the class is very current, timely, and from a variety of different sources. The class is for those who want to do their own investing as well as those who choose to work with an adviser.
WIH Reporter: We are often curious about the books currently on your night table. Could you tell us what you are reading lately?
Frisco: Books include The Accidental Superpower by Peter Zeihan, Tools for Smart Thinking, by Richard Nisbett, No Ordinary Time: Franklin and Eleanor Roosevelt:The Home Front in World War II by Doris Kearns Goodwin, Thinking Fast and Slow by Daniel Kahneman, and The Flawed Giant – Lyndon Johnson by Robert Dallek.
For more information, or to register for Bill Frisco’s 5-week class starting on April 3rd, 2018, click here.