Investment Management
Stocks, Bonds, Large-cap, Small-cap, Micro-cap, ETFs, REITs, FIAs. Investing today can feel like making your way through a complex maze of jargon and acronyms.
Your common questions answered
Which investments are right for you? How do you get the best possible return with a minimal level of risk? How do you eliminate the uncertainty and anxiety from investing?
These are common questions with no universal answers. The answer to all of these questions (and more) starts with four words:
It depends on your …
- Tolerance for Risk
- Investment Timeline
- Financial Goals
- Need for Liquidity
- Tax Situation
… and on a wide range of other factors that influence your specific investment strategy.
At Aspire, our job is to get to know you and gain an understanding of your goals, needs, and concerns. From there, we can help you better answer these questions and develop a tax strategy.
Here are some of the factors we consider when developing your investment strategy:
How long do you have until you need to use the money? If you’re approaching retirement in the next five years, your investment strategy will likely be different than someone who is retiring in 30 years.
The longer you have until you need the money, the more risk you may be able to tolerate because you have time to recover from tremporary losses and market volatility. However, if you need the money soon, you may need to embrace a more conservative approach.
Not everyone has the same comfort level with risk and volatility. Perhaps you’re aggressive and are willing to take on more risk if it leads to higher returns. Or maybe you’re the exact opposite – you’re willing to accept less return if it means lower risk and volatility. Many investors fall somewhere in between.
Our job is to find the right balance between risk and return for your tolerance. We want to achieve returns, but not at a risk level that causes stress and anxiety. We want to achieve returns, but not at a risk level that causes stress and anxiety. We find the correct balance and help you implement a strategy that’s right for you.
Investment strategy and tax stragey often go hand-in-hand. Gains in your investment portfolio can have a direct impact on your tax exposure. Depending on your needs, we mayn recommend and implement a variety of tax-advantaged strategies, like:
Tax-deferred vehicles like traditional IRAs, annuities, and more. Potentially tax-free income vehicles like Roth IRAs or municipal bonds. Tax-management strategies like capital gains planning and coordination.
If your current investment strategy doesn’t consider tax outcomes, you could have a gap in your planning.
Other factors that can influence investment strategy include:
- Income needs
- Goals, both personal and financial
- Future purchasing needs, like college, long-term care, and more.
Not sure if your investment strategy is right for you? Or don’t have a defined strategy at all?
Let's talk about it. Contact our team today to start the conversation.
Access Aspire Wealth Management's Whitepaper Guide
- Understanding Sequence of Returns Risk
Access Aspire Wealth Management's Fixed Index Annuities Cheat Sheet