Ascendancy Consultants 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved Developing Financial S...
Agenda <ul><li>Ice Breakers </li></ul><ul><li>Overview - Strategy </li></ul><ul><li>Pre-Trust Planning </li></ul><ul><li>P...
ITS ALL ABOUT PERCEPTION <ul><li>“ All our knowledge has its origins in our perceptions. “  Leonardo da Vinci </li></ul>
Ice Breaker I ~Filters~ <ul><li>How many saw the wine goblet? </li></ul><ul><li>How many saw two faces? </li></ul><ul><li>...
Ice Breaker II ~Focus~ IAMNOWHERE I AM NO WHERE I AM NOW HERE Focus  – Things we identify as more important , more promine...
Ice Breaker III ~Paradigm Shift~ 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
THE CONCEPT OF STRATEGY <ul><li>“ Strategy without tactics is the slowest route to victory.  </li></ul><ul><li>Tactics wit...
What is Strategy? <ul><li>Strategy is a process – not a singular event </li></ul><ul><li>Moving from where you are to wher...
Factors That Influence the Future <ul><li>Income constraints </li></ul><ul><li>Unexpected expenses </li></ul><ul><li>Exces...
Gap Analysis <ul><li>Assess Current State </li></ul><ul><li>Identify Desired State </li></ul><ul><li>Recognize Gaps </li><...
The Financial 7 Deadly Sins <ul><li>Ignoring Your Cash Flow </li></ul><ul><li>Making Impulsive Purchases </li></ul><ul><li...
Portrait of the median American household 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved The...
TRUST PLANNING <ul><li>“ The present was an egg laid by the past that had the future inside its shell.”  Zora Neale Hursto...
Trust Planning Considerations <ul><li>Preliminary Planning </li></ul><ul><ul><li>Emergency Fund </li></ul></ul><ul><ul><li...
Pre-Trust Planning <ul><li>Establish an emergency fund </li></ul><ul><li>Get out of debt </li></ul><ul><li>Develop a compr...
EMERGENCY FUND <ul><li>“ The fact is that it is reasonable for us to say that there is going to be an emergency that happe...
Developing an Emergency Fund <ul><li>Decide how big of a cushion you need </li></ul><ul><ul><li>Initially think in terms o...
Where to “Store” an Emergency Fund <ul><li>DO… </li></ul><ul><li>Savings account at a bank (FDIC insured) </li></ul><ul><l...
REDUCING DEBT <ul><li>“ When you find yourself in a financial hole, stop digging! “  Ray Pritchard </li></ul>
Two Rules for Paying Off Debt <ul><li>RULE #1 </li></ul><ul><li>Apply any “extra” financial resources towards the eliminat...
Becoming Debt-Free <ul><li>Credit card debt destroys wealth </li></ul><ul><ul><li>Average credit card debt per household w...
Debt Reduction Planning <ul><li>Start with smallest amount of debt </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consu...
7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
Complete Emergency Fund <ul><li>Apply your debt payments towards your emergency fund </li></ul><ul><li>Build it to three t...
STRATEGY <ul><li>“… establish the vision for the future and set the strategy for getting there.“ </li></ul><ul><li>John P....
Developing a Financial Plan <ul><li>Take inventory </li></ul><ul><li>Identify opportunities </li></ul><ul><li>Build a mode...
The Model 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
Dual Income Model 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
Building Strategy Review <ul><li>Assessed your current state </li></ul><ul><li>Identified your desired state </li></ul><ul...
Prep Steps <ul><li>Putting in place the framework of the Trust </li></ul><ul><li>Establish a brokerage account </li></ul><...
Framework Three Functional Parts <ul><li>Parent’s or guardian's Will </li></ul><ul><li>Irrevocable trust document </li></u...
Establishing an Asset Management Account <ul><li>Trust Application  </li></ul><ul><li>Certification of Trust </li></ul>7/3...
Identifying Sources of Funding <ul><li>Gifts of cash </li></ul><ul><li>Cash from unconventional sources </li></ul><ul><ul>...
GROW YOUR MONEY <ul><li>“ You reach a point where you don’t work for money.“ </li></ul><ul><li>Walt Disney </li></ul>
Identifying Investment Opportunities <ul><li>Types of Investments </li></ul><ul><li>Cash or cash equivalents </li></ul><ul...
Risk Tolerance <ul><li>Fixed Asset  – This is the safest of all strategies and uses checking accounts, savings accounts, m...
Risk – Volatility <ul><li>Volatility refers to the amount of uncertainty or risk associated  with the size of changes in a...
Risk - Inflation <ul><li>Sustained increase in the price of goods and services </li></ul><ul><li>When inflation rises – th...
Risk – Taxes <ul><li>Qualified Dividends </li></ul><ul><li>Non-Qualified Dividends </li></ul><ul><li>Long-Term Capital Gai...
Understanding Stocks & Bonds <ul><li>Stocks (Equities) </li></ul><ul><li>Ownership in a Company </li></ul><ul><li>Traded o...
Mutual Funds <ul><li>Open End Mutual Funds </li></ul><ul><li>Priced on NAV (net average value of pooled investments)  </li...
Exchange Traded Instruments <ul><li>ETF’s </li></ul><ul><li>Ownership instrument </li></ul><ul><li>Redemption / creation f...
Growing Investments <ul><li>DRIP – Dividend Re-Investment Plan </li></ul><ul><li>Dividend to cash  </li></ul><ul><li>Dolla...
Implementing Strategy <ul><li>Take inventory </li></ul><ul><li>Identify opportunities </li></ul><ul><li>Build a model </li...
Executing the Model 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
Evaluating Results  <ul><li>Use software for month over month tracking </li></ul><ul><li>Macro vs. Micro tracking </li></u...
Questions 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
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Special Needs Trust Strategies

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This presentation was given at the 2011 Sotos Syndrome Support Association\'s annual conference in Williamsburg Virginia on July 30, 2011. I am working on posting a version with audio on www.ascendancyconsutlants.com

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  • Qualified Dividends : For the purposes of calculating the dividend tax, ordinary dividends are for stocks held more than 60 days during the 121-day period that begins 60 days before the ex-dividend date. These are taxed at what is known as the qualified dividend tax rate, which is 5% or 15% depending upon the income tax bracket into which the investor falls. For investors with personal income tax brackets of 25% or higher, they will pay a 15% dividend tax on their qualified dividends. For investors in a lower income tax bracket, they will pay a 5% dividend tax. Qualified dividends must be paid between January 1, 2003 and December 31, 2010. Non-Qualified Dividends : A non-qualified dividend is any dividend that doesn&apos;t meet the test of qualified dividends (see above). The dividend tax on these dividends is the same as an investor&apos;s personal income tax bracket. If you&apos;re in the 35% tax bracket, for instance, you&apos;ll pay a 35% dividend tax on non-qualified dividends.
  • Special Needs Trust Strategies

    1. 1. Ascendancy Consultants 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved Developing Financial Strategies for your Special Needs Trust Presenter: Ken Rupert Founder – CEO Ascendancy Consultants LLC
    2. 2. Agenda <ul><li>Ice Breakers </li></ul><ul><li>Overview - Strategy </li></ul><ul><li>Pre-Trust Planning </li></ul><ul><li>Prep-Steps of Trust Planning </li></ul><ul><li>Understanding Investments </li></ul><ul><ul><li>Volatility, Inflation, & Taxes </li></ul></ul><ul><ul><li>Investment Vehicles </li></ul></ul><ul><li>How to Grow Investments </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    3. 3. ITS ALL ABOUT PERCEPTION <ul><li>“ All our knowledge has its origins in our perceptions. “ Leonardo da Vinci </li></ul>
    4. 4. Ice Breaker I ~Filters~ <ul><li>How many saw the wine goblet? </li></ul><ul><li>How many saw two faces? </li></ul><ul><li>Filters – the way you have been conditioned to see things – they causes you to either see a wine goblet or two faces. </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    5. 5. Ice Breaker II ~Focus~ IAMNOWHERE I AM NO WHERE I AM NOW HERE Focus – Things we identify as more important , more prominent will cause us to see one over the other. 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    6. 6. Ice Breaker III ~Paradigm Shift~ 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    7. 7. THE CONCEPT OF STRATEGY <ul><li>“ Strategy without tactics is the slowest route to victory. </li></ul><ul><li>Tactics without strategy is the noise before defeat.“ Sun Tzu </li></ul>
    8. 8. What is Strategy? <ul><li>Strategy is a process – not a singular event </li></ul><ul><li>Moving from where you are to where you want to be. </li></ul><ul><li>It focuses on the future while acknowledging the present. </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    9. 9. Factors That Influence the Future <ul><li>Income constraints </li></ul><ul><li>Unexpected expenses </li></ul><ul><li>Excessive liabilities </li></ul><ul><li>Political policies </li></ul><ul><li>Inflation & taxation </li></ul><ul><li>Geo-political events </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    10. 10. Gap Analysis <ul><li>Assess Current State </li></ul><ul><li>Identify Desired State </li></ul><ul><li>Recognize Gaps </li></ul><ul><li>Develop SMART Goals </li></ul><ul><ul><li>S pecific </li></ul></ul><ul><ul><li>M easureable </li></ul></ul><ul><ul><li>A ttainable </li></ul></ul><ul><ul><li>R ealistic </li></ul></ul><ul><ul><li>T ime Limited </li></ul></ul>
    11. 11. The Financial 7 Deadly Sins <ul><li>Ignoring Your Cash Flow </li></ul><ul><li>Making Impulsive Purchases </li></ul><ul><li>Using Credit Cards for Purchases You Can’t Pay Off </li></ul><ul><li>Forgetting an Emergency Fund </li></ul><ul><li>Procrastinating Saving for Retirement </li></ul><ul><li>Turning Down 401(k) Matching Funds </li></ul><ul><li>Being Content with Unimpressive Bank Accounts </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    12. 12. Portrait of the median American household 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved They have $3,800 in the bank No one has a retirement account (in 50% of American households) Their neighbors (the other 50%) only have $35,000 saved for retirement They have no mutual funds, stocks, or bonds The house is worth $160,000 But the family owes $95,000 on it to the bank They make $43,000 a year But can’t manage to pay off a $2,200 credit card balance
    13. 13. TRUST PLANNING <ul><li>“ The present was an egg laid by the past that had the future inside its shell.” Zora Neale Hurston </li></ul>
    14. 14. Trust Planning Considerations <ul><li>Preliminary Planning </li></ul><ul><ul><li>Emergency Fund </li></ul></ul><ul><ul><li>Household Debt </li></ul></ul><ul><ul><li>Financial Plan </li></ul></ul>
    15. 15. Pre-Trust Planning <ul><li>Establish an emergency fund </li></ul><ul><li>Get out of debt </li></ul><ul><li>Develop a comprehensive financial plan that includes: </li></ul><ul><ul><li>Retirement savings </li></ul></ul><ul><ul><li>Trust savings for your child w/special needs </li></ul></ul><ul><ul><li>College savings for siblings of your special needs child </li></ul></ul><ul><ul><li>Paying off mortgages </li></ul></ul><ul><ul><li>Building wealth </li></ul></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    16. 16. EMERGENCY FUND <ul><li>“ The fact is that it is reasonable for us to say that there is going to be an emergency that happens… that we cannot budget for.” </li></ul><ul><li>Allyson Schwartz </li></ul>
    17. 17. Developing an Emergency Fund <ul><li>Decide how big of a cushion you need </li></ul><ul><ul><li>Initially think in terms of two significant events </li></ul></ul><ul><ul><li>Eventually think in terms of three months to six months </li></ul></ul><ul><ul><li>Expenses vs. take home pay vs. gross pay </li></ul></ul><ul><li>Don’t touch it </li></ul><ul><ul><li>An emergency fund is not for budget line items that are improperly funded </li></ul></ul><ul><ul><li>A real emergency is a non-planned for event that threatens your survival not just your desire to be comfortable </li></ul></ul><ul><ul><ul><li>Threaten food, clothing, shelter, transportation </li></ul></ul></ul><ul><li>Put it in the right place </li></ul><ul><ul><li>Savings account – FDIC insured but poor return </li></ul></ul><ul><ul><li>Tax free money market account (417) – Mutual fund company </li></ul></ul><ul><ul><li>http://online.barrons.com/public/page/moneymarketfunds-taxfree-A.html </li></ul></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    18. 18. Where to “Store” an Emergency Fund <ul><li>DO… </li></ul><ul><li>Savings account at a bank (FDIC insured) </li></ul><ul><li>Money Market account at a Credit Union </li></ul><ul><li>Mutual Fund company’s money market account w/check writing privileges and /or a debit card </li></ul><ul><li>DO NOT… </li></ul><ul><li>Put it in a CD (Certificate of Deposit) </li></ul><ul><li>“ Invest it” </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    19. 19. REDUCING DEBT <ul><li>“ When you find yourself in a financial hole, stop digging! “ Ray Pritchard </li></ul>
    20. 20. Two Rules for Paying Off Debt <ul><li>RULE #1 </li></ul><ul><li>Apply any “extra” financial resources towards the elimination of your current debt </li></ul><ul><li>RULE #2 </li></ul><ul><li>Do not continue to operate on debt as you are trying to eliminate your current debt </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    21. 21. Becoming Debt-Free <ul><li>Credit card debt destroys wealth </li></ul><ul><ul><li>Average credit card debt per household with credit card debt: $15,788 </li></ul></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    22. 22. Debt Reduction Planning <ul><li>Start with smallest amount of debt </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    23. 23. 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    24. 24. Complete Emergency Fund <ul><li>Apply your debt payments towards your emergency fund </li></ul><ul><li>Build it to three to six months of expenses </li></ul><ul><li>Leave it alone </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    25. 25. STRATEGY <ul><li>“… establish the vision for the future and set the strategy for getting there.“ </li></ul><ul><li>John P. Kotter </li></ul>
    26. 26. Developing a Financial Plan <ul><li>Take inventory </li></ul><ul><li>Identify opportunities </li></ul><ul><li>Build a model </li></ul><ul><li>Commit to the model </li></ul><ul><li>Execute the model </li></ul><ul><li>Document results </li></ul><ul><li>Make adjustments </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    27. 27. The Model 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    28. 28. Dual Income Model 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    29. 29. Building Strategy Review <ul><li>Assessed your current state </li></ul><ul><li>Identified your desired state </li></ul><ul><li>Gap analysis and goal development </li></ul><ul><li>Established a plan to… </li></ul><ul><ul><li>Set up an emergency fund </li></ul></ul><ul><ul><li>Pay or debt </li></ul></ul><ul><ul><li>Completed the emergency fund </li></ul></ul><ul><ul><li>And set in place a model of income distribution </li></ul></ul><ul><li>Move into establishing a trust. </li></ul>
    30. 30. Prep Steps <ul><li>Putting in place the framework of the Trust </li></ul><ul><li>Establish a brokerage account </li></ul><ul><li>Identify sources of funding </li></ul><ul><li>Set goals and objective </li></ul><ul><li>Develop a strategy </li></ul><ul><li>Identify investments opportunities </li></ul><ul><li>Execute strategy and evaluate results </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    31. 31. Framework Three Functional Parts <ul><li>Parent’s or guardian's Will </li></ul><ul><li>Irrevocable trust document </li></ul><ul><li>Legal Documents </li></ul><ul><li>Asset management account </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    32. 32. Establishing an Asset Management Account <ul><li>Trust Application </li></ul><ul><li>Certification of Trust </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    33. 33. Identifying Sources of Funding <ul><li>Gifts of cash </li></ul><ul><li>Cash from unconventional sources </li></ul><ul><ul><li>Rebates/refunds </li></ul></ul><ul><ul><li>EBay sales/yard sales </li></ul></ul><ul><ul><li>Savings from purchases on sales </li></ul></ul><ul><li>Tax refunds </li></ul><ul><li>Wages, overtime pay & employer bonuses </li></ul><ul><li>Brokerage account (dividends and capital gains) </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    34. 34. GROW YOUR MONEY <ul><li>“ You reach a point where you don’t work for money.“ </li></ul><ul><li>Walt Disney </li></ul>
    35. 35. Identifying Investment Opportunities <ul><li>Types of Investments </li></ul><ul><li>Cash or cash equivalents </li></ul><ul><li>Bonds </li></ul><ul><li>Open End Mutual Funds </li></ul><ul><li>Closed End (Mutual) Funds </li></ul><ul><li>Exchange Traded Funds </li></ul><ul><li>Exchange Traded Notes </li></ul><ul><li>Stocks </li></ul><ul><li>Fixed assets </li></ul><ul><li>Risk – Reward Continuum </li></ul>As the risk goes up so does the expected reward (rate of return) 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    36. 36. Risk Tolerance <ul><li>Fixed Asset – This is the safest of all strategies and uses checking accounts, savings accounts, money market accounts, money market funds, certificates of deposits, and treasury securities. </li></ul><ul><li>  </li></ul><ul><li>Conservative – This strategy is designed for a cautious or beginning investor. The goal is to preserve capital and minimizing risk through the use of investing in lower risk securities like fixed income securities (bonds) and money market funds with minimal exposure to the equity markets. </li></ul><ul><li>  </li></ul><ul><li>Balanced or Moderately Conservative – This strategy is designed to balance income with risk producing some potential for capital appreciation. Using a mix of fixed income funds and equity funds, this strategy preserves investor’s capital in addition to providing some conservative growth potential. </li></ul><ul><li>  </li></ul><ul><li>Moderate Growth – This strategy is designed to create a relatively stable portfolio of growth equity and equity funds while limiting market fluctuations in values. Investment vehicles can include Growth Mutual Funds, Closed End Funds (CEFs), Exchange Traded Funds (ETFs), and Exchange Traded Notes (ETNs). </li></ul><ul><li>  </li></ul><ul><li>Moderate Aggressive Growth – This strategy exposes the investor to the large equity markets through minimal allocations to fixed income and money market instruments. While the goal of this strategy is to realize a potential for inflation protection with an above average opportunity for growth, this strategy takes on a higher level of risk. This strategy is suited for investors with longer time frames. </li></ul><ul><li>Highly Aggressive Growth – This strategy experiences the greatest exposure to market risk and could result in a loss of principle. However, it is also designed to provide the maximum growth of an investor’s assets. The investor employing this strategy should have the highest level of risk tolerance. </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    37. 37. Risk – Volatility <ul><li>Volatility refers to the amount of uncertainty or risk associated with the size of changes in a security's value </li></ul><ul><li>A lower volatility means that a security's value does not fluctuate dramatically </li></ul><ul><li>A higher volatility means that a security's value can potentially be spread out over a larger range of values </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    38. 38. Risk - Inflation <ul><li>Sustained increase in the price of goods and services </li></ul><ul><li>When inflation rises – the buying power of the dollar decreases </li></ul><ul><li>Printing money usually is a precursor to inflation </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    39. 39. Risk – Taxes <ul><li>Qualified Dividends </li></ul><ul><li>Non-Qualified Dividends </li></ul><ul><li>Long-Term Capital Gains </li></ul><ul><li>Short-Term Capital Gains </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    40. 40. Understanding Stocks & Bonds <ul><li>Stocks (Equities) </li></ul><ul><li>Ownership in a Company </li></ul><ul><li>Traded on exchanges like DJIA, Nasdaq, FSTE, Hang Seng, Nikkei, & DAX. </li></ul><ul><li>Return comes from an increase in value or through the payment of dividends. </li></ul><ul><li>Bonds </li></ul><ul><li>Debt Instruments </li></ul><ul><li>“ Borrowed” money from an investor. </li></ul><ul><li>Pays an interest rate to the lender (investor) </li></ul><ul><li>Pays principle at maturity </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    41. 41. Mutual Funds <ul><li>Open End Mutual Funds </li></ul><ul><li>Priced on NAV (net average value of pooled investments) </li></ul><ul><li>Shares issued fluctuate </li></ul><ul><li>Purchased at end of trading day (4:00 PM EDT or EST) </li></ul><ul><li>Pays dividends and capital gains typically semi-annually or only annually. </li></ul><ul><li>Closed End Mutual Funds </li></ul><ul><li>Priced on supply and demand with an underlying NAV </li></ul><ul><li>The NAV provides an opportunity to purchase at a discount </li></ul><ul><li>Fixed number of shares </li></ul><ul><li>Purchased real-time during trading day </li></ul><ul><li>Pays dividends monthly, quarterly, semi-annually, and annually </li></ul>Pooled investments that are mutually funded by a group of investors 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    42. 42. Exchange Traded Instruments <ul><li>ETF’s </li></ul><ul><li>Ownership instrument </li></ul><ul><li>Redemption / creation feature resembling open end mutual funds. </li></ul><ul><li>Designed to track an index’s performance </li></ul><ul><li>Cannot issue debt or preferred shares </li></ul><ul><li>ETN’s </li></ul><ul><li>Debt instruments </li></ul><ul><li>Designed to track an index’s performance </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    43. 43. Growing Investments <ul><li>DRIP – Dividend Re-Investment Plan </li></ul><ul><li>Dividend to cash </li></ul><ul><li>Dollar Cost Averaging </li></ul><ul><li>Buy & Hold Strategy </li></ul><ul><li>Buy – Capture – Sell Strategy </li></ul><ul><li>Buy – Sell Strategy </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    44. 44. Implementing Strategy <ul><li>Take inventory </li></ul><ul><li>Identify opportunities </li></ul><ul><li>Build a model </li></ul><ul><li>Execute the model </li></ul><ul><li>Document results </li></ul><ul><li>Make adjustments </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    45. 45. Executing the Model 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    46. 46. Evaluating Results <ul><li>Use software for month over month tracking </li></ul><ul><li>Macro vs. Micro tracking </li></ul><ul><li>Quarterly adjustments </li></ul>7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved
    47. 47. Questions 7/30/2011 Copyright (C) 2011 Ascendancy Consultants LLC. All Rights Reserved

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