personal financial management

DEL MAR, CA, December 5, 2013 – Pacific Wealth Management®, an independent boutique wealth management firm providing investment management services to preserve and grow wealth, is pleased to announce another successful and well attended National Multiple Sclerosis Society Dinner Gala Auction that was held on November 23.  This 27th Annual MS Dinner Auction raised more than $490,000 toward creating a world free of MS.

This was Pacific Wealth Management’s third year as title sponsor for this wonderful event. “We admire the National MS Society and the critical role it provides in support of the communities it serves,” said Mark Hill, CFP®, CDFA, co-founder of Pacific Wealth Management. “The partnership is our demonstration and commitment of support to the San Diego community, and our colleague Justin Reckers.”

Market Comment from Pacific Wealth Management

by Jim Kuntz on March 22, 2013

As 2012 fades into the memory banks, the financial markets of 2013 are beginning the year in a very similar fashion to last year.  Despite estimates for the U.S. economy to grow at a tepid 2% pace, along with a deepening European recession, stock markets around the world are off to a very optimistic start in the new year.

These strong markets are being driven by the “developed world’s” central banks unending policy of money creation.  Essentially, the USA, UK, Switzerland, Europe and Japan are attempting to inflate their economies out of their economic malaise.  Domestically, Ben Bernanke and the U.S. Federal Reserve Bank are printing $85 billion every month and then purchasing that same amount of U.S. Government and Government Agency bonds.  This ongoing effort of financial market manipulation, to keep interest rates low, encourages investment capital to move out of the safety of money markets, treasury bills and C.D.’s and into the riskier investments of stocks and real estate.  Unfortunately, the central bank’s bond-buying-strategy cannot continue indefinitely and must end at some point.  Like an addiction, the longer the market manipulation, the more reliant the financial markets become on it and the more vulnerable these markets are to future volatility.  We do not expect the Federal Reserve Bank to change their levels of bond purchases any time soon, but as the “when to reduce and/or stop the policy” debate continues, the markets are likely to become increasingly nervous. Until our U.S. Congress and President come to a long-term resolution on the budget deficit, the markets will move in fits and starts.

In recent months, we have been shifting more investments into inflation sensitive securities, while reducing our bond holdings.  Pacific Wealth Management believes these extraordinary times continue to make prudent diversification an essential part of our wealth preservation strategy.

The Taxpayer Relief Act of 2012

January 4, 2013

The fiscal cliff compromise extends the majority of tax cuts that were scheduled to expire at the end of 2012, in addition to retroactively reinstating some rules that had expired in 2011. The legislation also introduces a number of changes including a new top tax bracket of 39.6%, and an increase in the top long-term […]

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Pacific Wealth Management Market Comment

November 20, 2012

The long awaited elections are now behind us and, as we expected, nothing has changed in Washington D.C.  An equally divided American electorate has chosen to maintain the political status quo.  Our government leaders, unfortunately, do not inspire confidence and last week’s “post-election” stock market decline underscored the financial market nervousness regarding our economic prospects, […]

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“More to Life” – Petco Park Tour

August 2, 2012

Pacific Wealth Management® is proud to announce another well attended More to Life event last Saturday morning.  The sunny day was pristine and everybody enjoyed the informative “Behind the Scenes” tour of Petco Park, one of Major League Baseball’s most beautiful ballparks. The More to Life series of events is designed to bring the company’s […]

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Market Comment from Pacific Wealth Management

June 18, 2012

This year’s financial markets are imitating the volatile roller coaster ride we experienced in 2011. Like last year, the large majority of forecasts for the 2012 economy were optimistic, as most of Wall Street believed the worst of the global banking crisis was behind us.  As we saw in 2011, U.S. stocks moved higher in […]

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Quarterly Market Comment from Pacific Wealth Management

March 20, 2012

The financial markets in 2012 are behaving in a very similar fashion to the early months of 2011.   Optimistic outlooks abound and many on Wall Street believe the worst of the global banking crisis is behind us.  After an initial surge of optimism last year, US stocks rode a roller coaster with dramatic dips and […]

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Happy New Year Market Commentary

January 12, 2012

Happy New Year! With the holidays now behind us, we send our best wishes for a healthy, productive and prosperous 2012!  As expected, 2011 was a roller coaster year for financial markets around the world. The volatility that began over the summer continued through November with stocks finally enjoying a “Santa Claus” rally to finish […]

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Market Commentary

November 28, 2011

With the holidays upon us and 2012 right around the corner we hope you are doing well and able to share this special time of the year with family and friends. The volatility that began over the summer is continuing as stocks around the world remain held hostage to the news of the day coming […]

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Eurozone crisis a long way from being resolved

October 10, 2011

The news over the last few months continues to focus on Europe and what will be necessary to take care of Greece.  Unfortunately, Greece did not have a bright future before the European Union challenges are considered.   Since its formation in the 1820’s, modern Greece has been supported by three pillars.  First, given its location, […]

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