The “proper” allocation of investments is the most common question we receive. We look at the big picture (i.e. the state of the markets), consider the tax code (Richard Truitt is an Enrolled Agent-a federally licensed tax practitioner), and maybe most importantly, your risk tolerance in suggesting a portfolio. Ongoing maintenance of the portfolio, considering the ever-changing previously mentioned factors plus the rebalancing of the portfolio, is crucial.
We use a dynamic process to adjust portfolios as market valuations and conditions change-though no management style is foolproof (“It’s tough to make predictions, especially about the future.”-Yogi Berra.)
We place a premium on reducing risk and not tying up your money. These activities may diminish the upside of a portfolio, but are designed to reduce downside risk. As famous investor Warren Buffett is reputed to have said “The first rule of investing is to not lose money. The second rule is to not forget the first rule.” We are constantly monitoring client portfolios and the investment climate. If you would like to discuss your portfolio in more depth – Contact Us
There is an old person in your future!
If you live long enough, retirement will be your reality. Just as your current lifestyle and diet are important to your future health, good tax planning is important to your financial health.
As an enrolled agent, Richard Truitt is a federally licensed tax practitioner who has proven technical expertise in the field of taxation. This means that Richard is empowered by the U.S. Department of the Treasury to represent taxpayers before the IRS, a privilege only afforded Enrolled Agents, attorneys, and certified public accountants.
Whether you’re looking to the future – or your future is NOW – Richard’s unique perspective on tax planning, investment management, and portfolio preservation will provide you the level of confidence needed to face your financial future while living abundantly.
Contact Us Today and tell us about your concerns for the future. We have the resources and experience to provide you with much-needed insight, allowing you to see clearly where you’ve been, and where you are going. Discover how getting older can mean living more abundantly!