Atlanta CPA...Do You Have an Investment Philosophy?
Who's Managing Your Money? Do You Have an Investment Philosophy?
Sometimes it is wise to get a fresh perspective on your investments and see if you can do better than you present portfolio mix. The below is a sample letter I might use to send to my financial adviser to evaluate varying investment options:
If you had the money I have in the market and did not have me as a client, but you were my age and in my situation....How Would You Invest Our Money?
Pay particular attention to...
Setting up a flex plan and buying C Shares.
Beta Risks versus other options in the market.
How our present investments compare over the last ten years from Flex Funds to our present investment mix.
Investing in Bonds
Setting up an ETF/Exchange Traded Fund
Buy Individual Stocks who are substantially undervalued
Buying Dividend Paying Stocks
Are our cash reserved adequate
Consolidating retirement accounts to cut down on fees
FYI...I will be forwarding to you for analysis and review information received from another broker for your review and analysis and to adequately address the above questions/information that I have been presented
Georgia CPA Teachings Investing Techniques
Surrounding ourselves with wise counsel is an integral part of a successful plan. Though it is doubtful if any of us would perform our own operation due to the detail of expertise required, many of us would and will continue to make our own investment decisions absent the experience, expertise, and wisdom of a certified financial planner. Though you might have a gifted investment track record, the odds are against you when you plow forward without properly using the vast amount of resources that are at your disposal by solely picking up the phone. It is prudent to seek the referral of a trusted CPA when making the decision to interview a financial adviser. He or she will be better served to both differentiate between having a professional whom is geared towards assisting you. Left alone we are much more apt to fail then if we seek wise and judicious counsel.
To learn more about to manage your money visit http://www.hiscpa.com/investing-101.html
"Plans fail for lack of counsel, but with many advisers they succeed." (Proverbs 15:22)