Derick Walters, CFP, CRPC, Financial Advisor

03/20/2023

Seems accurate!

09/22/2022

After shaking the magic 8 ball, flipping a few tarot cards and calling Miss Cleo the physic, here is the current trend / forecast and it's not pretty!

-Leading economic indicators are headed the wrong direction

-ten minus twos are negative (yield curve inversion)

-truck shipments via fed ex earnings warning was ugly, FedEx stock was down over 20% in one day

-mortgage rates hit 6.29% housing is beginning to roll over

- inflation remains hot, which means continued rate hikes from the Federal Reserve

- credit spreads remain elevated, showing some credit stress

- Good news Kansas City Chiefs are 2-0

07/02/2022

This is a major pain point, inflation caused by increasing money supply by 40% in the last two years and endless government spending causing most of the inflation! Then the US treasury not doing their job funding ibonds! Incompetence at so many levels! Don't get me started on why employees are not available at social security offices!

Investors give up vacation and drive hours to navigate bureaucracy; ‘cruel and unusual punishment’

06/16/2022

The market is leading the horse to the trough. The horse (policy makers) "can take a drink and voluntarily" (change policy direction) or the market is going to shove the horse's head underwater. Either way your going to take that drink!

06/13/2022

30 year mortgage just hit 6.5%!

05/02/2022

I bonds are now paying 9.62%. Wow!

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04/13/2022

With inflation hitting 40 year highs, I bonds may yeild 10% in the near future. The best part is anyone can buy these directly from the U.S treasury!

04/13/2022

The Safe Investment That Will Soon Yield Almost 10%

01/08/2022

It's a new year and everyone makes resolutions. I think Joe speaks to of most of us through, "shoulda, woulda, coulda,"! Stop guessing and actually take action! Thats the the message! I write a ton of financial plans every year and if clients take zero action to obtain goals, it gets put in the regret file! Those that take action obtain goals!

Joe Rogan is an American stand-up comedian, martial arts commentator (UFC) and podcast host. This is the MOST legendary Joe Rogan's motivational speeches of...

01/02/2022

https://www.wsj.com/articles/how-your-student-debt-keeps-growingeven-when-you-keep-paying-11640994313?st=yxh7cwf7nq0fpdr&reflink=share_mobilewebshare

Some loan payment plans aren’t enough to cover interest, and a punishing tax bill can await years down the line.

12/08/2021

This speaks volumes to me as a parent, former college student with loans, and now a financial advisor helping families navigate this system. My personal and business beliefs are degrees have become watered down! The first two years of General education are worthless and could have been knocked out in high school! This would save families/ students two years worth of tuition room and board! Second, is colleges/ Universities have been very tied to federal loans and financial aid/ gravy train and not long term success if the degrees. I would like to see some form of loans and degree cost tied to income of former student, this may drive costs of said degrees with success of student having skin in the game with your graduates this would also help tax payers with risk of defaults on student loans. If I asked each student what their business plan was for $100,000 loan/ or asked for an investment for $100,000 from an individual how would that conversation go? For instance, you would not be eligible for $100,000 of student loans for basket weaving! I also think as a community and as a parent, and business community, there is way to much priority on the degree/ piece of paper and not the skill of problem solving or trade itself promoting said degree. Thoughts?

06/10/2021

Cause meet effect!

Consumer prices continued to rise rapidly in May as the economic recovery picked up, reflecting a surge in demand along with shortages of labor and materials.