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Wiser Wealth Management Blog

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Investors betting against Warren Buffett

At the recent Berkshire Hathaway annual shareholders’ meeting, Warren Buffett virtually announced he was selling all of his airline positions stating, “The world changed for airlines.” Although usually a long-term investor, he projects the airline industry will not turn around for at least the next four years. “Our airlines position was a mistake” he stated. The coronavirus pandemic has hit the airline industry the hardest.  Airlines are operating at 90% less capacity. They have accepted government bailouts in order to avoid potential bankruptcies and there

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ASA Empower 401k Change

TO: Atlantic Southeast Airlines 401k Plan Participants On November 2, 2015, some changes took place in the ASA Empower 401k plan. In the letter to plan participants, Empower announced that they were changing the share class of the fund. Different share classes of mutual funds generally give discounts on management fees for larger investments. It makes sense that a 401k plan the size of ASA’s should be getting preferred pricing. The Empower notice is actually moving funds from the discounted share classes to, in some cases,

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Janus Overseas.. A Supporting Role

Janus Overseas is one of three international fund choices within the ASA JP Morgan 401k plan. The fund has historically attracted the retirement savings of plan participants due to its superior performance. The fund fell hard in 08 just like any other stock investment during the financial crisis only to have a tremendous rebound, quickly making up prior losses. Recently however the fund has failed to beat its benchmark and its competition within the 401k plan. When choosing which funds to allocate to within the

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ASA Retirement Planning Workshop

The ASA MEC Retirement and Insurance Committee Announces the annual Retirement Planning Workshop  For Legacy ASA Pilots and Flight Attendants The workshop will be presented by Express Jet Captain Casey Smith, President of Wiser Wealth Management, Inc. The workshop is specifically designed to cover the Legacy ASA JP Morgan 401k plan.  Materials will be provided to help you determine how much you need to save for retirement, how to choose the best mutual funds, asset allocation and diversification, and many other critical retirement planning topics.

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ASA 401k: Janus Overseas Under Performance

A few weeks ago Wiser sent an email alerting our followers of the under performance of the ASA 401k Janus Overseas Fund. A great source for commentary regarding mutual funds is MorningStar, an independent research firm. To read the Morningstar Analysis please click HERE. In light of these changes, Wiser has altered our recommended ASA 401k Models. Please view the models HERE.

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ASA 401k Plan Changes

By now you have received notice that there are some changes happening within the ASA JPMorgan 401k plan. The good news is some of the funds are getting cheaper. Thefrustrating part is this should and could have happened a long time ago.

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Wiser Wealth to Host its Third Annual ASA 401k Workshop

Casey Smith will be providing a 401(k) workshop for Atlantic Southeast pilots and flight attendants on January 12th and 15th. The workshop will be held at the airport Hilton Garden Inn from 9:30am to 1pm each day. There are no strings attached with this event. Casey will simply be there to explain how to apply standard deviation, alpha and the Sharpe ratio to select funds within the 401k plan to optimize individual portfolios based on age and risk tolerance. Casey will also discuss the ASA brokerage

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ETFs in the Atlantic Southeast Pilots Brokerage Link?

ignorance is to reject something that you know nothing about.” Financial advisors, individuals, the media and professors are all still learning about the benefits of Exchange Traded Funds. Undoubtedly, ETFs have shaken the investment world by empowering investors at all levels with quick access to low cost diversification. Adding ETFs to the Atlantic Southeast 401k brokerage link will allow investors low cost access to global asset classes. If used properly, ETFs can increase the standard of living of the Atlantic Southeast retirees and allow for current reduced company risk, active management risk and portfolio liquidity. ETFs will allow plan participants to purchase the indexes that the active managers cannot seem to beat over long periods of time.

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Atlantic Southeast – Measuring Portfolio Risk

When building a 401k portfolio, many people simply look at a fund’s performance without considering the risk of the investment. Fund performance should not be the only tool used in selecting mutual funds for your 401k. Another analytical tool that should be used is standard deviation.

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Does the old adage, "Sell in May and Go Away" still hold true?  Matthews Barnett, CFP®, explains in our latest blog. @moneyguypro #feeonly #fiduciary #longterminvesting https://wiserinvestor.com/sell-in-may-and-go-away/

Financial Lessons to Learn from the Coronavirus Pandemic https://www.doughroller.net/personal-finance/6-financial-lessons-to-learn-from-the-coronavirus-pandemic/

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