We recommend that clients have a balanced portfolio of well-diversified assets that is consistent with the client’s risk tolerance, stage in life, goals, and investment knowledge. We typically recommend portfolios of index mutual funds that are no-load, rebalanced annually, and have low management fees. Generally, we do not recommend, evaluate, or manage individual stocks on an ongoing basis.
However, personal behavior can impact the success of any investment program. As part of a prudent investment strategy, we recommend that clients build up an emergency fund, have a plan for paying off any debt, and have a plan for managing cash flow that allows saving a significant portion of income.