Preparing For 2023 After A Year Of Market Volatility With Bob Westrick (Ep. #10)

Dollars and Sense: Creating Your Fulfilled Life

28-12-2022 • 41 mins

After a year of market ups and downs, investors are looking for an opportunity to pull ahead in the new year. How can they start off 2023 on the right foot?

Welcome back to another episode of Dollar$ and $ense! In this episode, Nicole Romito speaks with Bob Westrick, Partner at Private Vista, on how market volatility has impacted investors in 2022 and where they should focus their attention into the New Year. Bob shares key takeaways from this past year and how those experiences will change investment strategies moving forward.

Bob discusses:

The difference in opportune environments between stocks and bonds and why neither has been safe in the 2022 market
How tax loss harvesting can create returns from capital loss in investments
What is the current view of 2023 and possibly 2024 of advisors and economists
What can be controlled during market volatility and where advisors should focus their attention
And more

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About our Guest:

In 1983, Bob Westrick left a “Big Eight” public accounting firm to work for one of his audit clients. Eight years later, his entrepreneurial itch was scratched as he started a partnership in the financial services industry. Two years later, Bob co-founded WNA Wealth Advisors, one of the precursor firms to Private Vista. He is a frequent speaker and he is often interviewed on subjects ranging from economic conditions to wealth management. His experience as an accountant, business owner and financial advisor gives Bob a unique perspective to offer his clients.