Lesjak Planning LLC

Registered Investment Advisor

Excellence in Financial Planning since 1980
  • Why
    Us?
  • 3-Step
    Approach
  • Plan-Driven
    Services
  • Meet
    the Team
  • Client
    Communications
  • Community
    Outreach
  • The Next
    Generation
  • Client
    Login
  • How Can
    We Help?

Client Communications

Although we don't believe in follow-the-fads investing, we do believe it's important to know the latest market happenings. And we share them with you.

Our Thoughts

March 6, 2009 by Lesjak Planning

The current market spiral we are experiencing is being driven by a loss of confidence in our financial markets and our country’s leadership. Job losses lead to decreased consumer spending while tight credit markets and reduced consumer spending lead to reduced capital expenditures and layoffs by businesses. These are basically feeding off of each other at this time. Shares of quality companies are being sold in an attempt to try to sidestep further declines in value.

A Dose of Reality

February 25, 2009 by Lesjak Planning

Recently, we discussed the bottoming process that takes place during major market declines. The current market decline, and the events of this past week, continues to follow the historical blueprint as we are now testing the lows reached on November 20th, 2008. Finding support at these price levels, for a second time, is an important step for the stock markets to move forward. The media, in all its wisdom, is more so compelled to report to us how the stock markets have retraced their values back to 1997 levels.

Behind the Scenes

February 13, 2009 by Lesjak Planning

Are The Markets Forming a Bottom? This seems to be the question of the day and one we will attempt to answer. With the major news focusing on the economic numbers and congressional actions of stimulus packages and bailouts, we will update you on some technical information.

Financial Planning Updates

January 5, 2009 by Lesjak Planning

President Bush signed into law The Worker, Retiree, and Employer Recovery Act of 2008 on December 23rd, 2008. The new law grants a temporary waiver of Required Minimum Distributions from retirement accounts for the 2009 year only. Clearly, this provides relief for those who need to take the minimum distributions and will give the equities in the investment accounts an opportunity to recover.

Great Investor Wisdom

November 1, 2008 by Lesjak Planning

“So, although this decline is different in many ways from other declines, it is also the same in the way it is moving through the cycle. We feel that each week that goes by more indicators are flipping to the argument that this oversold condition may begin to correct to the upside. And keep in […]

Don’t Miss the Best Days

October 23, 2008 by Lesjak Planning

While this downturn, and the large day-to-day swings in the markets, understandably cause some increased anxiety, there is still good reason to remain fully invested. The chart below highlights how missing just a fraction of the best days in the stock markets can cost you significantly in your overall return. Consider that missing the best 50 days from 1984 to 2003 would have reduced your overall return to basically zero for that 20 year time period.

Staying Focused

October 10, 2008 by Lesjak Planning

After one of the wildest weeks in the history of investing, we feel it is not necessary to try to re-hash the causes of the volatility. We do think it is necessary to reiterate that while the particular circumstances of financial crisis invariably differ, the outcomes tend to be fairly similar. In sharp market declines, bottoms usually are punctuated by panic selling. We think if this past week didn’t fit that description, it was very close. Federal, and in this case, world governments responded aggressively to the crisis. During this period, business’ and even banks fail in the process. This is a normal and healthy part of business. As illustrated in the graph below, stocks eventually reverse course and the economy and confidence improves.

What Should We Expect?

October 6, 2008 by Lesjak Planning

At the most volatile and fearful leg of an investment cycle, an investor is left with two choices: a.) Liquidate equity positions and move to interest bearing CD’s or money markets in an attempt to stop the bleeding, or b.) Look at your portfolio for diversification, and if adequate, maintain your position and wait until the panic recedes and attention turns back to market fundamentals.

Politics as Usual

September 30, 2008 by Lesjak Planning

Every time our Congressional leaders get a chance to show they can work together for the good of the country they find a way to screw it up. Yesterday, both parties failed to hold up their part of the vote for a package to ease the banking credit crunch. Between the biting partisan speech that Speaker Nancy Pelosi gave on the floor, and the childish republicans changing their votes in protest, our so-called leaders demonstrated again where their interests lie. Many are more concerned with their re-election. Of the 18 congressional incumbents that are in close races this November, only 3 voted for the proposal.

Round Two of the Cleanup

September 17, 2008 by Lesjak Planning

For the second time this decade, a major cleanup of corporate mismanagement and greed is in the works. In 2002, it was the accounting scandals that destroyed household names like Arthur Anderson and Enron. Today the mismanagement of risk and the allure of short-term gains has taken the 158 year old Lehman Brothers firm, Merrill Lynch, and possibly AIG Insurance Company.

  • « Previous Page
  • 1
  • …
  • 7
  • 8
  • 9
  • 10
  • 11
  • Next Page »

© 2022 Lesjak Planning LLC. All rights reserved.
1991 Crocker Road #575, Westlake, OH 44145 | 440.871.9500 | 888.871.4820 | Admin Log in
Questions? Please contact us at lpc@lesjakplanning.com.