Year-End Tax Strategy: 6 Steps to Optimize Your Taxes Before December 31st
The year-end countdown is on—are you ready to make the most of your taxes? While many taxpayers wait until tax season to evaluate their financial situation, tax planning is a year-round activity. Many valuable tax-saving opportunities require action before December 31st, so waiting until April will be too late. In this blog, we’ll explore essential […]
How to Grow Your Wealth While Keeping Risks in Check
Risk is an inherent factor that every investor must contend with. Market volatility, economic downturns, and geopolitical events can all impact an investment portfolio’s performance. It’s impossible to eliminate investment risk, but it can be effectively managed through a well-thought-out financial strategy. When crafting a robust investment strategy, one of the most potent tools is […]
Managing Risk: Protect Your Financial Future With Insurance
When you think of personal finance, your financial goals are likely the first thing that comes to mind. Whether that be retirement, buying a vacation home, or traveling throughout all seven continents, your goals drive your financial plan. What individuals often don’t consider is how to actively protect those goals. That’s why we’re tackling risk […]
The Benefits of Long-Term Investment Planning
Everyone has heard the story of the tortoise and the hare. To sum it up: a tortoise and a hare set out to race. The hare, ever confident that he’s obviously faster than the slow-poke tortoise, takes several breaks throughout the day, gets distracted, and loses time in several interesting and ill-fated ways. Throughout his […]
WDW’s Party Line: What You Need to Know About Election Season & Your Financial Plan
As another election cycle approaches, investors often wonder how political outcomes might impact their portfolios. It’s natural to feel concerned about potential market fluctuations during these times. However, historical data and market trends suggest that maintaining a long-term perspective is crucial for investment success, regardless of election results. Elections undoubtedly create short-term market volatility. The […]
2025 Tax Law Changes
The 2017 Tax Cuts and Jobs Act made several significant changes to the U.S. tax code, some of which are set to expire or revert after 2025. Many families can expect to look at more complex tax filing, and a possible increase in their tax bracket. It’s important for taxpayers to understand which tax changes […]
WDW Financial History
WDW Financial History Our Story WDW (Westbrooks Dugger & Westbrooks) Financial has been introducing individuals, families and companies to financial products and services for a long time, beginning with our founding partner, James Westbrooks. The early years for James were spent between a cotton farm in Ben Hur and a cattle ranch in Valley Mills, […]
Thinking About Buying A New Car?
Thinking About Buying A New Car? Thinking about buying a new car? Here are some quick tips: Buy, don’t lease. Unless you love cars as one of your life passions and are willing to and can afford to consider them as one of your luxury items, you’re better off buying a slightly used car and […]
Have You Gotten Tested?
Have You Gotten Tested? Have you gotten tested? That’s a question I didn’t expect to hear in 2020. As we wade through this pandemic that has swept across the globe, we’re dealing with something that bothers me. I imagine it’s bothered generations before me. That is the unknown. Sometimes the unknown can spur wonder—like when […]
May We Remember
May We Remember May We Remember As I am sitting in my bedroom….I mean, my office, I’m reflecting on our new “normal.” My oldest is doing college online from the dining room table. My middle daughter was sent home from her Americorps service year in California. And my youngest daughter attends her Zoom class meetings […]