Quarterly Letter

Recession, Impeachment & The Stock Market

Friday, October 11th, 2019

  Recession and Impeachment. Today’s financial headlines seem to be fixated on both topics, yet if history is any guide, only one of the two is likely to have an influence on financial markets. Recessions are periods of economic decline which are identified when Gross Domestic Product (GDP) falls for two consecutive quarters. Since GDP...  read more

Try Dr. Votruba's One Question Stock Market Quiz

Friday, July 12th, 2019

Let’s play a guessing game.  Don’t worry, it will be easy because the format will be multiple choice with some decisive clues that will be given in advance. After coming off the worst December for the stock market since the Great Depression, more bad news dominated the headlines in the first half of 2019.  The...  read more

"What stock investors can learn from real estate buyers...by Dr. Robert Votruba"

Monday, January 7th, 2019

  Many agree that one of the best long-term investments one can make is in real estate.  Maybe it’s the house they have lived in for the past 30 years, or a rental property acquired decades ago, either way people associate real estate with competitive rates of return.  Interestingly, it could be that the behaviors...  read more

Year End Financial Checklist

Thursday, October 11th, 2018

It’s been a mostly cooperative year so far for investors.  Driven by tax cuts, record corporate earnings and a strong yet steady economy, domestic markets are hovering near all-time highs.  In fact, this summer marked the longest bull market ever for the S&P 500.  Since March 2009 the market has marched mostly upward, recording over...  read more

2nd Quarter -What I learned about investing by saving 18 years for college

Tuesday, July 10th, 2018

There are two words that the countless investment articles, text books, television interviews, and lectures all share: Long Term.  It is said that to make money in the market you have to be “in it for the long term.”  Warren Buffet, perhaps the world’s most famous investor, tells us to “only buy something that you’d...  read more

Fourth Quarter - 2017 Year In Review

Monday, January 22nd, 2018

2017 Year in Review

2017 Third Quarter: 5 Reasons why the Market will Continue to Head Higher or Lower

Thursday, October 26th, 2017

As stocks hit record highs on a near weekly basis on the heels of the anniversary of two of the worst days in the history of the market, the question more than ever has become “how long before the next correction?”  Of course, it’s a question that many have been asking for a few years...  read more

Second Quarterly Letter 2017

Thursday, July 13th, 2017

If investors could be granted two wishes, “low volatility” and “record highs” would certainly rank high in a list of options, and in the first half of 2017 those wishes came true. Strong corporate earnings, a steadily improving economy, and a surge in the technology sector drove most major stock market indexes to all-time highs...  read more

2017 First Quarter

Monday, April 17th, 2017

With the market breaking multiple records throughout the first few months of 2017, and the Federal Reserve giving another vote of confidence in the U.S. economy by lifting interest rates sooner than most people initially expected, the increasingly pressing question is: how soon before things turn the other way? After all, we haven’t seen a...  read more

2016 Fourth Quarter

Thursday, January 12th, 2017

In the movie Back to the Future II (released in 1989), bully Biff Tannen has the good fortune of having his “future self” deliver a sports almanac from the future to his “current self” using time travel.  Young Biff then becomes rich and powerful (at least for a time) by betting on sporting events that...  read more


Award winning year for Financial Advisor
Robert C. Votruba CFS, MBA, Ph.D.

It is my pleasure to share the news of another award-winning year for your Financial Advisor, Dr. Robert Votruba. In 2019 Robert was recognized with the following achievements…

  • For the third consecutive year, Park Avenue Securities named Robert as their top Investment Advisor and Registered Representative; their highest honor. Over 2,500 Representatives compete for this national award.
  • In addition to national recognition, Robert also received National Financial Network’s Wealth Management Leadership Award, our highest local honor, for the 12th consecutive year.
  • Dr. Votruba earned the National Financial Network Leadership Award and was promoted to Executive Vice President.

Dr. Votruba is entering his 26th year in the financial services field. His academic background combined with his industry experience and award-winning performance make him one of the most talented Advisors in the industry. I know that Robert finds it a privilege and honor to serve you and hope that you find comfort in knowing that your Financial Advisor is among the finest in the industry.