What are you working towards right now? What are your dreams for the future? And what is your game plan for making those dreams come true? Whether you have $10 dollars, or $10 million, investment principles and financial planning best practices largely remain the same. In my experience as a certified financial planner™ professional, here are some of the time-tested strategies that work.
Our team aims to build portfolios that we believe are robust against a wide range of economic scenarios. Rather than time market swings, or “go to cash”, we believe that both up markets and down markets provide opportunities for companies to continue to find profitable markets, grow opportunities, and increase their value to their shareholders. We are always available to talk about the specifics of your portfolio, and any question you may have.
The investing universe is a continuously changing place, and before the ink on this note dries, it will likely look different. What happens next is uncertain, but in the past few months we’ve learned the lessons of another cycle, and those lessons seem to repeat themselves regardless of the market’s trajectory: (1) investing is emotional, (2) risk never goes away, and (3) investment returns require patience in the face of adversity.
Our team works with a lot of investors that realize sudden wealth. This can take shape in many forms – inheritance, sale of a private business, appreciated equity compensation or private stock, or even a new professional career. New wealth provides new opportunities - but it also raises a lot of questions. Here is what we think about when advising clients receiving a substantial cash payment for the sale of private company stock.