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- Asset allocation is a balance between income needs, growth objectives and risk tolerance.
- Our understanding of the primary objective of a portfolio is essential to helping you reach your financial goals.
- High quality companies with long-term growth potential.
- We diversify by industry. Separately managed portfolios typically have 35-45 stocks.
- We employ low cost funds to add international or small company diversification.
- We hold cash in portfolios when equity valuations look excessively high.
- We prefer to own individual bonds, not bond funds. Individual bonds provide more flexibility to manage interest rate risk as well as to satisfy client cash flow requirements.
- We usually create laddered bond portfolios with maturities between one and twelve years. This strategy can be modified to meet current market conditions and client needs.
- We buy high quality municipal bonds, government agencies and corporate bonds. We use insured CDs, treasury bills and money market funds as short term investments.
- Bonds are most often held to maturity, which minimizes costs and enhances returns.
- We carefully research each bond to insure that the underlying issuer's financials meet our quality criteria.
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