Academy Finance Expert Makes the ‘WSJ’

Sharkeyweb

Eileen Sharkey is teaching “Financial Literacy: 21st Century Survival Skills” on Thursdays at 1 p.m., starting March 31.
She was featured in the Wall Street Journal. Read full text below, or click on the link here, Sharkey in Wall Street Journal

Europe Might Be No Investing Vacation

European Markets Won’t Benefit From Stimulus Right Away, She Says

By

Shefali Anand

Feb. 8, 2015 11:01 p.m. ET

With a rebound in Europe’s economies looking unlikely this year, Denver financial adviser Eileen Sharkey has this to say about international investments: Proceed with caution.

The European Central Bank in late January announced plans to pump more than $1 trillion in new money into eurozone economies to help spur growth, similar to what the U.S. Federal Reserve did in the U.S. amid the financial crisis. But it could take years for the flood of money to help some economies and their stock markets, Ms. Sharkey says.

Eileen Sharkey.
Eileen Sharkey. Photo: Edward DeCroce
Joel Javer.
Joel Javer. Photo: Edward DeCroce

“Things that are in trouble are generally cheap and attractive, but it may take a while for the dust to settle,” says Ms. Sharkey, co-founder of financial advisers Sharkey, Howes & Javer Inc.

The firm’s investment team is closely monitoring investments in the region, and if there are signs of declines, it would look to cut its international stock allocation by as much as half. Last year, the advisers bought an international fund that hedges against foreign-currency risk and thus loses less value as the U.S. dollar strengthens. “We believe the dollar will continue to get stronger” this year, says Joel Javer, co-founder of the firm.

In this column we feature model portfolios from prominent investment advisers. Ms. Sharkey co-founded the firm in 1990 with Lawrence Howes, as well as Mr. Javer. The firm currently manages around $750 million.

For clients who can handle moderate risk, the firm allocates 12% to developed foreign stocks, which include investments outside Europe such as Japan. If technical trends indicate that their international fund is poised to lose value, they would look to trim it, says Mr. Javer.

Here, the advisers share a model portfolio suitable for clients who can handle moderate risk.

The portfolio’s weighted average expense ratio is 0.56%, and the portfolio was up 12% annually for the five years endedDec. 31, according to Mr. Javer. That was before the firm’s investment-management fee, which is 1% or less of assets under management.

Ms. Anand is markets and finance editor for The Wall Street Journal in India. Email her at shefali.anand@wsj.com.

Continue reading

‘Bird’ on the Street from George Ho

Mountain Bluebird by George Ho, Jr.

See more of George’s bird photos in his two classes:

‘Make Your Own Photo Book’ on Thursdays from 1 am-3 pm,
and ‘Making and Sharing End-of-Life Choices’ on Thursdays from 10 am-Noon.

————————————————————–

Since his retirement two years ago as a practicing physician, George Ho., Jr. is now “For the Birds.”

Blue Grosbeak 01
Blue Grosbeak by George Ho, Jr.

As a rheumatologist with training in hospice and palliative care medicine for 40 years, he celebrates his retirement by teaching his course at The Academy and taking photos.

“I combine my interests in wildlife, photography and hiking into these bird photos,” says Dr. Ho.

He prints them on different types of media: canvas, metal, acrylic and glass. “It adds a dimension in presenting and enjoying them.” He also enjoys making photo books (albums) and giving them to family and friends.

George volunteers at the Rocky Mountain Arsenal National Wildlife Refuge where he leads “the bike the refuge” nature program in the Spring and Fall and takes photos of special events at the RMANWR. His work appeared there in March 2015.

American Kestrel by George Ho, Jr.
American Kestrel by George Ho, Jr.

 

Continue reading