WestPac Wealth Investments

In this episode of the Westpac Wealth Investment Podcast, host Joe Dalisi sits down with Nash Subotic, Founder and CEO of WestPac Wealth Partners, to dive deep into the firm’s investment philosophy and how it drives better long-term outcomes for clients.Nash shares the core principles that guide Westpac Wealth’s portfolios:Why a long-term, history-driven, science-based approach beats short-term speculationThe importance of global diversification — including international stocks, small-cap value, and emerging marketsHow the firm’s portfolios performed through the 2020 crash and the 2022 bear marketWhy staying invested and even adding capital during market declines creates significant wealth over timeThe power of disciplined asset allocation over chasing hot trends like crypto or “this time is different” narrativesNash also discusses how WestPac Wealth puts clients’ long-term interests first — even when it’s unpopular — and why protection-first planning, risk management, and comprehensive wealth strategies are just as important as the investment side.Whether markets are booming or in turmoil, this conversation delivers clear, timeless investment wisdom straight from the leader of one of the fastest-growing wealth management firms in the country.

Headlines about Iran and the Strait of Hormuz have many investors asking the same question: What does this mean for my money? In this episode, we explore how geopolitical risk can impact markets, why uncertainty is always part of investing, and how a disciplined long-term strategy can help investors avoid costly emotional decisions.

In Part 2 of our Next Generation series, we continue the conversation around how young adults can begin making sound financial decisions early, before costly mistakes take root.Today’s environment presents more access to information than ever before, yet many young investors still lack clarity on what truly drives long-term success. In this episode, we focus on the foundational principles that matter most: developing disciplined habits, avoiding common pitfalls, and understanding the importance of a long-term perspective.Rather than chasing trends or reacting to short-term market movements, this discussion centers on building a framework for decision-making that can serve young adults throughout every stage of life.This episode is valuable not only for young professionals getting started, but also for parents and families seeking to guide the next generation with intention and wisdom.

Many long-time clients eventually reach a new stage of life, when their children become young adults and begin making financial decisions of their own.In this episode, Joe DeLisi discusses a growing trend he has seen over the past several years: parents asking their advisor to speak with their adult children about money, careers, and financial responsibility. These conversations look very different from traditional financial planning discussions with established professionals, but they can be just as important.Joe explains how financial guidance changes when working with someone in their early 20s, the kinds of questions young adults are asking today, and why learning sound financial principles early can have a lasting impact.Whether you’re a parent hoping to prepare your children for financial independence or a young adult beginning to think about money for the first time, this episode explores the importance of building a strong financial foundation early in life.

With headlines about rising tensions between the United States and Iran, many investors are asking the same question: What does this mean for my portfolio?In this episode, Joe takes a break from the usual studio setting to address the uncertainty surrounding global conflict and the impact it may—or may not—have on financial markets. Rather than focusing on politics or speculation, Joe looks at the data and historical context to help investors understand how markets have responded to geopolitical events in the past.You’ll hear why reacting emotionally to breaking news can be one of the most damaging decisions an investor makes, and why a disciplined investment strategy is designed to weather periods of uncertainty.If you’ve been feeling uneasy about the headlines or wondering whether you should make changes to your investments, this episode will help put current events into perspective.

In a recent episode, Joe shared a story about “the worst decision a client ever made” — and the response was bigger than expected. But some listeners walked away with the wrong takeaway.In this follow-up, Joe clears it up.This episode breaks down the real difference between owning an individual stock and owning the broader market through an index like the S&P 500. What actually happens if a single company goes to zero? What would it mean if the entire market did? And why does that distinction matter when building a portfolio designed to last decades?If you’ve ever held onto a stock because you “know the company,” believe it’s too big to fail, or feel confident it will always bounce back — this conversation is for you.Joe explains risk in plain language, without hype, and reinforces the discipline behind diversification, long-term thinking, and avoiding unnecessary speculation.This episode is about understanding what you truly own — and making decisions that align with long-term stewardship, not short-term emotion.

Is low-cost indexing enough? Or are investors missing the bigger picture?Index funds have transformed investing. They’re efficient, inexpensive, and widely accessible. But focusing solely on cost can oversimplify how portfolios actually generate returns.In this episode, we examine why the cheapest index fund may not represent a complete investment strategy. We discuss expected returns, risk premiums, diversification, and the importance of thoughtful portfolio design.Rather than chasing the lowest expense ratio, successful long-term investing requires understanding risk, discipline, and proper allocation. This conversation explores the principles behind structured portfolio construction and how investors can think more strategically about risk and return.If you want to better understand the academic foundation of investing and how it applies in real markets, this episode provides valuable perspective.

If not for bad predictions, we might not have predictions at all.In this episode, Joe revisits a 2002 white paper titled “What Risk Premium Is Normal?” by Rob Arnott and uses it as a lens to examine one of the most persistent problems in investing: overconfidence in forecasts.From the “new economy” mindset of the late 1990s to today’s bold market projections, Joe breaks down why long-term return predictions are so often wrong, how expectations get distorted, and what investors should focus on instead. This is a grounded conversation about realism, discipline, and the danger of building financial plans on optimistic assumptions.If you’ve ever wondered why expert predictions miss the mark or how to invest intelligently when the future is uncertain this episode will help reset your expectations and sharpen your strategy.Topics covered:Why market predictions are consistently unreliableExpected vs. actual equity returnsLessons from past market cyclesHow investors should think about risk and long-term planningWhat really matters when forecasts fail

Political headlines can create anxiety for investors, especially during election years. In this episode of the WestPac Wealth Investments Podcast, Joe DeLisi explains how politics and markets actually interact.Joe reviews historical market data across multiple election cycles and presidential administrations to show how markets have behaved during periods of political uncertainty. He also discusses the risks of emotional decision-making and why disciplined investment strategies are designed to weather political shifts, volatility, and short-term market reactions.This episode provides perspective for investors who want to understand what truly drives market performance, how to stay focused during uncertain times, and why a long-term plan matters more than political headlines.

In this episode of the WestPac Wealth Investments podcast, Joe discusses the importance of budgeting, introducing his concept of the '30 Second Budget.' He emphasizes the simplicity of budgeting while acknowledging the challenges of execution. Joe breaks down the budgeting process into key components: income, taxes, giving, and savings, and stresses the importance of saving for the future. He encourages listeners to take actionable steps towards better financial management and highlights the significance of being patient and open to coaching.

On this episode of the WestPac Investment Podcast, Joe DeLisi walks through the single most damaging mistake he’s seen clients make, and why it rarely has anything to do with markets, returns, or timing. Instead, Joe explains how emotional decision-making, abandoning a disciplined process, and reacting to short-term fear can quietly erode long-term wealth. This episode is a practical reminder that successful investing is less about finding the perfect strategy and more about consistently sticking to the right one.

In this episode of WestPac Wealth Investments, Joe tackles one of the most common investor questions: do elections and politics really move the markets? Drawing from historical data and his decades of experience, Joe explores whether party control, campaign cycles, and government policies truly determine portfolio performance—or if emotions and headlines are leading investors astray. It’s a grounded, fact-based look at how politics and market behavior actually intersect—and what that means for your long-term investment strategy.

History is full of brilliant people who made terrible investment decisions. In this episode, Joe DeLisi, Financial Advisor with WestPac Wealth Partners, explores how Isaac Newton and the Nobel Prize–winning economists behind Long-Term Capital Management both fell victim to speculation, leverage, and overconfidence.Joe explains why being “super smart” doesn’t automatically translate into good financial outcomes, and why a disciplined, diversified, long-term approach is often more effective than chasing the next hot idea. This conversation is designed to help investors recognize common behavioral traps and focus on strategies that support their long-term goals.This episode is for informational purposes only and should not be considered specific investment, tax, or legal advice. Listeners should consult their own financial professionals regarding their individual situation.

The names change, but the game stays the same. In this episode, Joe DeLisi shares what three decades in the investment world have taught him about Wall Street’s repeating patterns — the hype, the “new” products, and the inevitable fallout. From dot-com to crypto to today’s AI boom, Joe explains why “this time is not different,” and how disciplined, evidence-based investing helps protect real wealth when the crowd chases the next big thing.

While headlines focus on the government shutdown, the real story is the $37 trillion U.S. debt and what it means for investors.In this episode, Joe DeLisi, Senior Partner at WestPac Wealth Investments, explains how rising interest payments and persistent deficits affect market performance, tax policy, and long-term planning.Tune in for Joe DeLisi's perspective on debt, taxes, and strategies to help protect portfolios in an uncertain fiscal future.

In this episode of WestPace Wealth Investments Podcast, your host, Joe DeLisi, dives into the buzz around artificial intelligence—and what it really means for investors. From Wall Street Journal headlines to insights from Harvard Business Review and New York Magazine, Joe breaks down why AI’s “revolution” may take decades, not months. He draws parallels to the dot-com boom and explains how history might be rhyming once again. Whether you’re anxious about robots taking over or curious how AI affects your portfolio, this episode offers a calm, rational take on technology, markets, and long-term investing.

The “Magnificent Seven” stocks have fueled big returns in recent years — but are they really the future of your portfolio? Joe DeLisi breaks down why concentrated bets can be risky and why true diversification, rooted in data, remains the smarter path.

In this episode of the WestPac Wealth Investments Podcast, Joe discusses the importance of understanding portfolio management, particularly focusing on the significance of August 22nd for investment strategies. He explains how he manages client portfolios by analyzing historical risk premiums and market trends, emphasizing the importance of not just building portfolios based on science but also actively monitoring their performance. Joe provides insights into how different market segments are performing and how that impacts client portfolios, ensuring they are aligned with expected returns.

Every decade has a “why didn’t I buy it?” stock story. For the 2010s, it’s Nvidia. Joe unpacks why these stories are so tempting—and why hindsight investing doesn’t build real wealth. Learn how biases like recency and performance chasing sneak into decisions, and what a math-and-process plan looks like instead.

In this episode, Joe DeLisi discusses the recent sale of the Los Angeles Lakers and compares it to potential investment returns from the S&P 500 and other asset categories. He highlights the importance of understanding different investment avenues and the need for a diversified portfolio that aligns with individual financial goals. The conversation emphasizes that while the Lakers may have a nostalgic and entertainment value, other investments could yield better financial returns over time.

In this episode of the WestPac Wealth Way Investment podcast, Joe DeLisi discusses the importance of understanding investment fees and the value of diversification. He emphasizes that while the S&P 500 is a popular investment choice, it is not the only option and may not always yield the best returns. Joe analyzes historical data to illustrate the risks of relying solely on the S&P 500 and advocates for a balanced portfolio that aligns with individual financial goals. He also highlights the role of financial advisors in navigating the complexities of investing and the importance of making informed decisions rather than following trends on social media.

In this episode of the WestPac Wealth podcast, Michael Palmer discusses the recent rise of gold as an investment option, particularly in light of the underperformance of tech stocks. He delves into the risk-return relationship of gold compared to other assets, emphasizing the importance of understanding standard deviation and historical performance. The conversation highlights the need for efficient portfolio management and questions the true value of gold in uncertain times.

In this episode, Joe DeLisi discusses the concept of market crashes, particularly focusing on the S&P 500 and the historical context of market corrections. He emphasizes that while media often incites fear about potential crashes, most do not materialize. The podcast highlights the importance of diversification in investment portfolios and encourages a long-term perspective on investing, regardless of short-term market fluctuations.

In this episode of the Westpac Wealth Investment podcast, Joe DeLisi discusses the evolving mindset of investors, particularly high net worth individuals, who transition from fearing they won't have enough to worrying about whether they are doing enough with their investments. He emphasizes that complexity in portfolio management is often unnecessary and advocates for a straightforward approach to investing, focusing on equities and bonds without getting caught up in complicated strategies.

In this episode of the Westpac Wealth Investment podcast Joe DeLisi discusses the role of bonds in investment strategies, emphasizing their function as a tool for reducing volatility rather than generating returns. He explores the dynamics of short-term versus long-term bonds, the impact of interest rates and inflation on bond values, and the importance of aligning fixed income investments with portfolio goals. The conversation highlights the risks associated with chasing yield and the benefits of maintaining liquidity and flexibility in bond investments.

In this episode, Joe DeLisi discusses the implications of inflation on investment portfolios, emphasizing the importance of asset ownership. He reviews historical inflationary periods and their effects on various markets, highlighting that stocks often perform well during inflation. Joe encourages listeners to remain invested and diversified, especially during times of economic uncertainty.Chapters00:00Understanding Inflation's Impact on Portfolios03:10Historical Context: Inflation and Market Reactions06:05Recent Inflation Trends and Market Performance08:56Key Takeaways: Investing During Inflationary Periods

In this podcast, the host discusses the current state of the markets, drawing parallels to historical events, particularly the COVID-19 pandemic. The conversation emphasizes the emotional nature of market movements and the importance of maintaining a long-term perspective in investing. The host also outlines the current administration's economic policies and their potential impact on the markets, while providing insights into investment strategies for different client profiles.

In this podcast, Joe DeLisi discusses the current market sell-off and the impact of tariffs on global markets. He emphasizes the importance of understanding historical data and market reactions to tariffs, providing insights from various time periods. DeLisi highlights the role of small caps and international stocks in investment strategies and reassures clients about navigating market volatility. He stresses the need for evidence-based financial advising and the importance of diversification in investment portfolios.Chapters00:00Market Overview and Tariff Introduction04:03Historical Context of Tariffs and Market Reactions21:50Lessons from Historical Tariff Impacts