Tony L. Alarcon

For equities, economic, financial and fundamental information is used as a source to provide a general background for anticipating and analyzing the performance of the security markets. LMC's sources include periodicals such as The Wall Street Journal, Barron's, Forbes and Value Line. In addition, corporate quarterly and annual reports, other advisory services and research reports from various stockbrokers are used. In selecting common stocks for investment, several factors are presented for evaluation. Historic, present or near future sales, earnings and dividends per share, as well as the company's outlook are considered. An assessment is then made as to whether the current price of the security accurately reflects its outlook. If the security appears under-priced relative to its potential future value, an estimate is made of the risk involved in purchasing the security at the time of evaluation. The allocation of bonds between taxable and tax-free bonds is determined by several factors. These include, but are not limited to, the client's tax bracket, diversification needs and overall risk profile. The key consideration in selecting taxable versus non-taxable investments is the taxable equivalent yield. For the sake of diversification, bonds of varying maturities are often purchased. In their selection of bonds, LMC purchases a mix of non-rated and rated bonds. Taxable fixed income investments utilized by the firm include treasuries, agencies of the U.S. government and corporate bonds.

Functions as a College/University

Part of Rocket Cos., Inc., WaMu Investments is a company based in Bellevue, WA. The company was founded by Rebecca C. Schmitt.