Financial Philosophy
I approach finances in a comprehensive, holistic manner. We should allow our lives to dictate how we spend and invest, but not let our spending and investing dictate our lives. This generally means low debt, living within and under one's income, and automatic investment. Risk is required to meet goals, but I want to make sure you know and understand how much risk you are willing to and need to take to meet your goals. My holistic approach - creating and pursing life goals through managing your recourse, accomplishes more than just investment returns and tax rates. However, in order to reach your goals one must understand these details. Business needs should align with these goals, and accounting systems be simple, yet robust, and investment contributions need to be of significant size.
I generally prefer low cost index funds and a select few managed funds that have shown a long-range and consistent history of beating the market based on risk/return metrics. I follow a index core with a managed satellite; the managed portion generally being no more than 20% of the portfolio. I review funds and stocks based on their performance compared to benchmarks and appropriate risk factors and not based on total return alone. I favor term life insurance because it is low cost and allows you to use the savings to invest in your future. I am generally conservative in my interest rate assumptions, with hopes that you will have more money than you expected or you will be able to respond to life’s financial ups and downs. This being said, I’m more than able and happy to work with those who have different beliefs, whether it be a desire to have whole life insurance or a specialized investment portfolio.
I generally prefer low cost index funds and a select few managed funds that have shown a long-range and consistent history of beating the market based on risk/return metrics. I follow a index core with a managed satellite; the managed portion generally being no more than 20% of the portfolio. I review funds and stocks based on their performance compared to benchmarks and appropriate risk factors and not based on total return alone. I favor term life insurance because it is low cost and allows you to use the savings to invest in your future. I am generally conservative in my interest rate assumptions, with hopes that you will have more money than you expected or you will be able to respond to life’s financial ups and downs. This being said, I’m more than able and happy to work with those who have different beliefs, whether it be a desire to have whole life insurance or a specialized investment portfolio.