Our philosophy and principles guide our counsel no matter the client's stage of life.
We have six primary investment principles that guide us in our ongoing recommendations and management:
Must be optimistic; the anecdotal evidence all around us keeps us positive in spite of the circumstances at times. We live in a wonderful country that offers tremendous opportunities for those who seek them. Each of us is a beneficiary of the hard work, innovations, inventions and contributions made by prior generations as well current ones. We feel these contributions to the betterment of all will continue indefinitely.
We have to have the fortitude to implement and stay with the plan. A major part of our role is proactively working with our clients to help them follow through with their decisions in a timely basis.
The major determinate of investment results is the allocation across cash, bonds and stocks. It is not the only determinate – just the major one.
*Source: Standard & Poor's. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Inclusion of this index is for illustrative purposes only. One cannot invest in an index, and index performance does not include transaction costs and other fees, which affect actual investment performance. Individual investor's results will vary. Past performance does not guarantee future results. Diversification and asset allocation do not ensure a profit or protect against a loss. Dollar-cost averaging cannot guarantee a profit or protect against a loss, and you should consider your financial ability to continue purchases through periods of low price levels.
Even our retired clients need to accumulate wealth to maintain their purchasing power throughout retirement.
For those who are in the midst of their careers, four basic behaviors are necessary to be a successful accumulator:
This synopsis greatly simplifies what we do. Establishing the plan or strategy requires us to look at many tools and to understand the client’s financial picture. Then we must devise the appropriate strategy or series of strategies to offer the most efficient means of reaching the ultimate goal. For example, it may take some analysis to determine if a Roth IRA or a 401k Plan is better to accumulate wealth for retirement.
We utilize a variety of investment tools and products to assist you. The core of our client investment holdings are diversified portfolios of mutual funds.
Today’s retirees face a number of major issues over previous generations:
The number of Social Security recipients over the age of 90 is approaching 2 million people. We feel it is important for most to plan on a 30-year retirement.
Each year, more organizations are dropping or modifying their pension plans. Individuals have more of the responsibility to create a pool of reliable income to maintain their lifestyles.
Increasing longevity leads to increased health care costs. Given the state of Medicare and health care in general, we feel that these costs will continue to exceed the rate of inflation as they have for the past 20 years.
In the short term, the impact of inflation can be modest. But over a 30-year retirement, a 3% rate of inflation will erode the purchasing power of a $1 by 60%.
Working alongside clients, we develop and implement investment strategies to address to not only address these challenges but to also enable clients to enjoy their goal years in the way they desire.
Investing involves risk and you may incur a profit or loss regardless of strategy selected.