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Thank you for tuning into another episode of the Mind of a Millionaire. This week Zak takes you back inside our monthly portfolio review meeting. As a reminder, the advisor’s monthly portfolio review meeting is an opportunity for all of our advisors to discuss what’s working in the market, what’s not, and why. They take a look at the performance of all of our assets. They look at the outlook for the American economy, the Chinese economy, and the European economy. They also look at the forecast for the performance of cash, stocks, bonds, and alternative assets.
As you’ll hear in the podcast, this is Zak’s favorite day of the month and he would be happy to discuss with you. If you have questions about your portfolio, the market, the economy, or your personal financial situation, don’t hesitate to call our office or shoot him an email: email@example.com.
Thinking about investing like buying groceries [1:31]
- If your favorite granola goes on sale, that’s a good day. The same thought process can carry over into investing.
What to do about income (accounts designed to pay them during retirement) [2:16]
- Income has historically been derived from dividends on stocks and interest payments on bonds, but that’s changed over the last ten years.
Bonds 30 years ago vs. today [3:05]
How, at Denver Wealth Management, we’ve allocated your money in retirement historically [4:06]
- What other options do we have for addressing your income in retirement without taking on the risk of the stock market?
Real estate, closed-end funds, international stocks [4:44]
Tactical investing: investing outside of the regular scope of investing (medical marijuana stocks, bitcoin, utility stocks) [5:45]
When investing in individual stocks/securities, what is the catalyst? [6:44]
- Clarifying the decision-making process
Are we going to get a trade deal done with China? [7:45]
“The future is always uncertain, but in some areas, it’s more uncertain than others.” [8:15]
- The upcoming election – if Elizabeth Warren is elected, what will happen to the tech companies short- and long-term? [8:47]
Thank you for tuning in. If you’d like us to review your portfolio, your mutual funds, index funds, stocks, or bonds, we would be happy to do that! Please also feel free to send in your questions – we’d be happy to get them answered.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
No strategy assures success or protects against loss.
Government bonds and Treasury bills are guaranteed by the US government as to the timely payment of principal and interest and, if held to maturity, offer a fixed rate of return and fixed principal value.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors.
Tactical allocation may involve more frequent buying and selling of assets and will tend to generate higher transaction cost. Investors should consider the tax consequences of moving positions more frequently.