Investing

What is Investing?  How is Investing different from gambling?

Investing is a commitment of resources such as money, time and/or emotions with the hope and expectation of a future return or benefit.  Investing is measured, calculated and related to a future objective that is months to years in the future.

Gambling is the commitment of resources, mostly money, with more hope than realistic expectation of an immediate or short-term return or benefit.

You are an "investor" if you commit money based on an overall investment plan that takes into account your need for growth, your risk tolerance, how much time before you will need the money to meet a stated objective, and the plan for diversification.   

What makes for a sound and prudent Investment?

Before you invest, you must first have a clear understanding of why you are investing.  Write down your major goals and objectives along with the timeframe for each of those goals.  Basically, you need to answer the questions, "Where am I now, and where do I want to be in the future and when does that future begin?"  Normally, this information is a part of your overall financial plan.

An investment that fits your plan and helps to balance your need for growth with both your tolerance for volatility and your risk capacity, has a greater possibility of being sound and prudent.

Where to obtain sound and prudent Investment Advice?

Our Investment Advisor Representative, Steve Pomeroy, has over 16 years of experience advising clients on their investments and creating and managing investment portfolios.  For his fee-based Advisory client accounts, Mr. Pomeroy has a fiduciary responsibility to act in the best interest of his clients.

Mr. Pomeroy has seen both market highs and market lows.  Also, over the last decade, he has observed a steady decline in usefulness of classic investment theories and predictive models used to build and manage portfolios. Markets seem to have become predictably irrational.

In our current investing environment, Mr. Pomeroy recognizes the need to be both tactical and opportunistic with part of each client's portfolio.  What works varies as market conditions and Federal Reserve action varies.  Whether a diversified team of money managers or unique portfolio models, Mr. Pomeroy tailors the solution to your specific investment needs and goals.

The unique portfolio models use low cost ETFs and are created and monitored using a Fact-Based Investing process.  This process includes a plan to get into the market and a plan to get out of the market, depending on the market indicators for a particular model being used.

Whether it's ETFs, CDs, bonds, mutual funds, a team of money managers or annuities, Mr. Pomeroy can help you determine what is or is not appropriate given your objectives, time frames and risk tolerances.

Contact him today and start the process for a rational approach to investing in our current irrational markets.