BlackBear Capital

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Ripley, WV
BlackBear Capital

A wealth management firm based in West Virginia offering investment management & financial planning services. Locally owned by Max Knapp and Preston Whitney.

Blackbear Capital LLC is registered as an investment adviser with the State of West Virginia and only conducts business in states where it is properly notice filed or is excluded from registration requirements. Registration is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. Clicking the Like button is not a te

stimonial for or endorsement of Blackbear Capital LLC or any of its Investment Adviser Representatives. This is the only mechanism we have to circulate our page. “Like” is not meant in the traditional sense. Visitor posts must refrain from recommending investment advisory services or providing testimonials for the firm or its employees, since they are strictly prohibited by securities regulators. Please note that we must delete such posts, since this is a regulatory requirement. If you wish to convey an opinion to us, please send an email to [email protected]. In addition, no one commenting on this wall should post specific securities recommendations. Questions about a specific investment or adviser cannot be answered and may be removed from the page. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of any topics discussed. All expressions of opinion reflect the judgment of the authors on the date of the post and are subject to change. All investments and investment strategies have the potential for profit or loss. Content should not be viewed as an offer to buy or sell any of the securities mentioned or as personalized financial advice. Legal and tax advice is general in nature. You should always consult an attorney or tax professional regarding your specific legal or tax situation. Blackbear Capital LLC is not engaged in the practice of law. Hyperlinks on our posts are provided as a convenience. We cannot be held responsible for information, services or products found on websites linked to ours.

07/08/2022

Retired or nearing retirement? Our firm has recently began offering fixed annuities. Fixed annuities are principal protected products that pay a set interest rate for a term of typically 3 to 5 years.

Current Rates :
3 yr – 4%
5 yr – 4.5%

A $100,000 investment into a 5 year fixed annuity would earn about $375 in interest per month. That interest can be reinvested or withdrawn on a monthly basis. If you have excess money sitting in a checking account, savings account, or CD, now would be a great time to put it to work and we’d love the opportunity to partner with you.

06/22/2022

OPPORTUNITY ALERT! The stock market has obviously had a tough start to 2022, but history tells us that it does always rebound. We don’t know how low the market will get or how long it will take to rebound, so we suggest entering the market in stages, through what’s known as Dollar Cost Averaging. Dollar Cost Averaging is done by investing a fixed amount of money on a regular basis rather than investing a lump sum all at once. This is a great way to reduce risk and more importantly, stress.

Here’s an example:
Bill has $75,000 that he would like to invest. Rather than investing it all at once, Bill has decided to dollar cost average, by putting in $12,500 per month for the next 6 months. This allows Bill to invest in the market when prices are low, but not put all of his money at risk in case the market continues to drop. If the market does continue to drop, Bill is able to buy more next month at even lower prices.

If you have funds that are able to be invested, you are in a unique position to take advantage of discounted prices.

06/16/2022

Through all of our conversations with people over the years, there have been countless instances where folks attribute the economic success / decline to whoever the current POTUS is. Where an administration absolutely has an influence on policy / economic activity, much of the impact on the markets is driven by timing and where we sit in the economic cycle. We believe that the make up of Congress has a greater impact on the economy, and statistically, markets have performed best when Congress is split politically.

The below chart may or may not surprise some of you when looking at how the stock market has performed under each president.

03/22/2022

Nearing retirement and not sure what the next steps look like? At Blackbear Capital, we will sit down with you and devise a strategy to make sure your money lasts a lifetime.

Give us a call today to set up a free consultation.

02/10/2022

ANNOUNCEMENT: starting this year, we are doing income tax returns for individuals and families. As part of the tax filing, we will also do a comprehensive analysis on your retirement accounts (IRA, 401k, etc.) absolutely for FREE! Over the course of your career, you could be leaving thousands of dollars on the table through improper investment of your retirement savings. Let's make sure that doesn't happen.

01/07/2022

Hello All! As we head into the new year, we want to do a better job of letting you know how we can help. Please enjoy this neat little video that talks more about us, while highlighting some alarming statistics around reaching retirement.

Shoutout to our friend, Collin Hlad, and his company - Silent H Media - for putting together this unique spin on a traditional medium.

11/25/2021

Today, we just want to say thank you to everyone who has taken the plunge and partnered with us for their wealth management needs. We have been beyond blessed. Over the course of 2021, we have grown from managing $0 with 0 clients on January 1st, to now over $10,000,000 and 60+ families. We’ve had a blast getting our business started, building relationships with new people, and most importantly, helping families invest their hard earned money. We remain grateful for this opportunity, and are privileged to help others in our community.

- Max and Preston

10/14/2021

Are you nearing retirement feeling like you’re in a good position financially? That’s a good feeling, but that feeling can quickly fade if your account isn’t properly diversified when a recession hits. As many of you know, a lot of companies add to their employees' 401(k) accounts by contributing shares of their own stock, and this can be really dangerous if not tracked carefully. Take 2008 for example. Century Aluminum, a company that at one point employed over a thousand people in Jackson County, went from having a stock price of $79.51 in May 2008, to $1.50 in March 2009.

That means a $500,000 portfolio would have quickly turned into less than $10,000. You may be thinking this is an absurd example, but there are several other companies with similar stories and you probably have a family member who’s felt the burn.

If this made you take a step back and think, feel free to stop by or give us a call so we can make sure your investments are diversified and can weather the storms ahead.

10/01/2021

Have you ever wondered just how quickly your investments might grow? A quick rule of thumb is what's known as "The Rule of 72." If you take the expected annual growth rate and divide it into 72, that's how long it will take for your account balance to double.

For example, if you invest $10,000 today and the market grows at 12% / year, your investments will double in value in 6 years (72 / 12 = 6). If the growth rate ends up only being 6% / year, it will take 12 years for your money to double (72 / 6 = 12).

This isn't an exact science, but this formula provides a really good approximation of how your investments grow over time. This illustration tracks how a one-time investment of $10,000 grows throughout the years. Now imagine what this looks like if you invest annually.

08/31/2021

For the rest of this week, the Blackbear Capital team will be working remotely from the West Virginia Business Summit, being held at The Greenbrier.

We are excited to learn more about what state and corporate leadership is doing to help foster a business friendly ecosystem here in West Virginia.

Address

107 West Main Street
Ripley, WV
25271

Telephone

+13045311014

Website

http://www.blackbearcapital.co/

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