Wesley Watkis
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Wesley Watkis is the managing principal and financial advisor of the W&W Group. A native of Hempstead, New York, Wesley has over eleven years of experience in the finance industry, including a series of tenures at top-name finance houses Fannie Mae, New York Life, and Northwestern Mutual. He first entered the financial market after being awarded a Bachelor's Degree in Finance from Howard University. Wesley is unique in his approach to finance because he has served in a variety of different capacities and settings. A strong believer that the stock market holds many people back due to common myths and misconceptions that only get perpetuated by the media, Wesley works in his local Washington, DC community to spread his belief that financial success should be available to everyone. He holds regular seminars and workshops in the Washington DC and Maryland area, and has appeared in Metro Magazine and Money Wise in the capacity of financial advisor.
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One of the biggest outcries in the wake of the healthcare reform bill has been the impact it will have on small businesses. After all, big corporations have the infrastructure in place to offset many of the costs, and the average individual taxpayer is poised to get better coverage and gain more control over their insurance. At first glance, small businesses fall right into the middle, seeming to carry a heavier burden than many of them can bear.
Recent college graduates stand poised to begin a lifetime of smart financial decision-making. It doesn't matter whether you're graduating with a technology degree and no student loan debt or a teaching degree and debt that runs into the tens of thousands of dollars - now is the time to set the tone for your entire life.
Part of any good long-term financial plan requires a careful evaluation of past, present, and future fiscal status. Just as your physician's office keeps careful medical histories for you and your entire family, so to does your financial advisor work best with a careful record of your financial history.
One of the best ways to save money or start saving for retirement is to come up with ways to reduce your monthly bills. That's because you can then channel that money directly into an account earmarked for an IRA, a brokerage portfolio, or even a simple savings plan.
Beginning in January 2010, credit card companies were required to conform to a new list of rules set out by President Barack Obama. These rules were the first in several decades to require lenders to supply their cardholders with information and options about managing their debt.
While most people look to their future by putting money in retirement funds or portfolios, an alternative investment is real estate. If you know the market and have the resources to invest, you can make a great return on your money. The real estate picture is shaky these days, but many areas are picking up and knowing where to buy can be a great way to increase your wealth.
There are so many facets to the financial market, but understanding index funds is key to understanding your investments. Index funds tend to have fewer fees and fewer administrative costs than actively managed mutual funds, which makes them a fairly sound investment overall. Knowing what they are and how they work will let you make the decision about how to invest your money and how to look for the fund most likely to get you a great return.
Financial planning in your 40s doesn't have to be about scrambling to make up lost time. It doesn't matter whether you've been planning for a few decades or if you're just starting to become fiscally responsible - there are a number of options available to you for smart financial success.
A business begins with a great idea that will provide a product or a service to a community. Although every great idea deserves to be explored, not everyone has the same opportunity to develop his or her business ventures. Even though minorities currently make up 33 percent of our population, minorities own only 18 percent of the 23 million U.S. firms.
Financial planning is the process of meeting your life goals by properly managing your finances. Life goals are largely determined by the stage of life you are at. If you are in your 20s, you are just starting out. Being fresh out of college, starting your first job, and becoming responsible for your finances for the first time in your life can be overwhelming.
