The document discusses strategies for advisors to work with business owners. It recommends that advisors target companies with 25-400 employees and reach out through cold calls, referrals, and existing clients. The goal is to build relationships that can lead to handling the company's 401(k) needs. Once the 401(k) needs are met, the advisor tries to expand the relationship by handling the business owner's personal wealth management needs. This establishes a holistic financial plan. The document emphasizes building trust with business owners by delivering value-added service for their 401(k) plans. It also recommends developing strong relationships with third-party administrators to receive referrals.
How SPY investing works is just like buying individual stocks except that you are investing in the 500 largest publicly traded US companies.
https://youtu.be/aJt5YIf0Gto
Chuck Bigbie • Geneos Wealth Management
- Investor confusion about passive investing: three common misconceptions about passive investing by Jerry Wagner
- Second quarter earnings in focus
- Simple is better for client reviews (Kimble Johnson, LPL Financial)
By www.ProfitableInvestingTips.com
What is Intrinsic Stock Value?
In the aftermath of the stock market crash of 1929 in the early days of the Great Depression Benjamin Graham introduced the concept of value investing. No longer would those buying and selling stocks need to act like they were at the casino. With the concepts of intrinsic value and margin of safety Graham taught investors a rational means of investing in stocks. With this in mind just what is intrinsic stock value? And how does this concept help with profitable stock investing?
What Is Intrinsic Stock Value?
The dictionary definition of intrinsic stock value is its fundamental value. It is obtained by adding up predicted future income of a stock and subtracting current price. It can also be seen as actual value of an equity versus its book value or market value. The concept of fundamental analysis of equities evolved from this concept. Using fundamental analysis the intrinsic value of a stock is the expected company cash flow discounted to current dollars. It is a discounted cash flow valuation. An inherent weakness in this concept is that too often the medium and long term prospects of a company and its stock price are not clear. So, what is intrinsic stock value of a company if the future is uncertain? The ability to see into the future to see how well a company will manage its assets, products, costs, R&D, and marketing is of utmost importance in calculating intrinsic stock value as a means of deciding whether or not to purchase a stock.
What is Intrinsic Stock Value as a Formula?
Mr. Graham presented investors with a formula for calculating intrinsic stock value in 1962 and modified it in 1974. The 1974 version considers the following:
• Earnings per share, EPS, for the preceding twelve months
• A constant of 8.5 representing an expected price to earnings ratio, P/E ratio, for a company that is not growing
• An estimate of long term growth, five years = g
• A constant of 4.4 which was the average yield of high grade corporate bonds in the early 1960 decade
• The current yield of AAA corporate bonds = Y
• Where V = intrinsic value
The formula is as follows:
V = (EPS x (8.5 + 2g) x 4.4)/Y
The way the investors were encouraged to use intrinsic value was to derive what is referred to as a Relative Graham Value, RGV. This is to divide the calculated intrinsic value of the stock by its current price. If the result, the RGV, is less than one the stock is overvalued and a bad investment and if the ratio is above one it is undervalued and may be a good investment.
What is Intrinsic Stock Value as an Investing Tool?
There are a couple of difficulties in using the simple calculation above to determine the forward looking earnings of a stock and therefore its intrinsic value. First of all the formula does not account for inflation. Thus one could use the formula and end up with a stock valued higher in dollars but in dollars that are inflated.
If your company needs to submit a Wealth Management Advisory Services Proposal PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/37gnhEr
How winning the Battle for the Wealthy Investor, a new Cisco IBSG Study Uncovers Significant Opportunity To Address Needs of Wealthy Under-50 Investors
How SPY investing works is just like buying individual stocks except that you are investing in the 500 largest publicly traded US companies.
https://youtu.be/aJt5YIf0Gto
Chuck Bigbie • Geneos Wealth Management
- Investor confusion about passive investing: three common misconceptions about passive investing by Jerry Wagner
- Second quarter earnings in focus
- Simple is better for client reviews (Kimble Johnson, LPL Financial)
By www.ProfitableInvestingTips.com
What is Intrinsic Stock Value?
In the aftermath of the stock market crash of 1929 in the early days of the Great Depression Benjamin Graham introduced the concept of value investing. No longer would those buying and selling stocks need to act like they were at the casino. With the concepts of intrinsic value and margin of safety Graham taught investors a rational means of investing in stocks. With this in mind just what is intrinsic stock value? And how does this concept help with profitable stock investing?
What Is Intrinsic Stock Value?
The dictionary definition of intrinsic stock value is its fundamental value. It is obtained by adding up predicted future income of a stock and subtracting current price. It can also be seen as actual value of an equity versus its book value or market value. The concept of fundamental analysis of equities evolved from this concept. Using fundamental analysis the intrinsic value of a stock is the expected company cash flow discounted to current dollars. It is a discounted cash flow valuation. An inherent weakness in this concept is that too often the medium and long term prospects of a company and its stock price are not clear. So, what is intrinsic stock value of a company if the future is uncertain? The ability to see into the future to see how well a company will manage its assets, products, costs, R&D, and marketing is of utmost importance in calculating intrinsic stock value as a means of deciding whether or not to purchase a stock.
What is Intrinsic Stock Value as a Formula?
Mr. Graham presented investors with a formula for calculating intrinsic stock value in 1962 and modified it in 1974. The 1974 version considers the following:
• Earnings per share, EPS, for the preceding twelve months
• A constant of 8.5 representing an expected price to earnings ratio, P/E ratio, for a company that is not growing
• An estimate of long term growth, five years = g
• A constant of 4.4 which was the average yield of high grade corporate bonds in the early 1960 decade
• The current yield of AAA corporate bonds = Y
• Where V = intrinsic value
The formula is as follows:
V = (EPS x (8.5 + 2g) x 4.4)/Y
The way the investors were encouraged to use intrinsic value was to derive what is referred to as a Relative Graham Value, RGV. This is to divide the calculated intrinsic value of the stock by its current price. If the result, the RGV, is less than one the stock is overvalued and a bad investment and if the ratio is above one it is undervalued and may be a good investment.
What is Intrinsic Stock Value as an Investing Tool?
There are a couple of difficulties in using the simple calculation above to determine the forward looking earnings of a stock and therefore its intrinsic value. First of all the formula does not account for inflation. Thus one could use the formula and end up with a stock valued higher in dollars but in dollars that are inflated.
If your company needs to submit a Wealth Management Advisory Services Proposal PowerPoint Presentation Slides look no further.Our researchers have analyzed thousands of proposals on this topic for effectiveness and conversion. Just download our template, add your company data and submit to your client for a positive response. http://bit.ly/37gnhEr
How winning the Battle for the Wealthy Investor, a new Cisco IBSG Study Uncovers Significant Opportunity To Address Needs of Wealthy Under-50 Investors
BoyarMiller's State of the Capital Markets eBookBoyarMiller
As part of its ongoing Breakfast Forum series, BoyarMiller hosted three financial experts for a moderated discussion on The Current State of the Capital Markets 2019. The panelists were: Kamden D. Kanaly, CFP®, Chairman, KDK Private Wealth Management; John Sarvadi, Executive Managing Director, Corporate Banking, Texas Capital Bank; and Scott D. Winship, Managing Director, GulfStar Group Investment Bankers.
The Hidden Champion Fund in listed Asian equities generated positive absolute returns of +15.4% or a S$2.7m investment gain (in SGD terms as at 1 July 2016) since September 2015, outperforming Asian market indexes which decline over the same period.
Netwealth portfolio construction series - Building investment portfolios for ...netwealthInvest
Discover what markets could look like in the future and some of the strategies investors use in order to continue meeting their retirement goals with Josh Hall from Aberdeen Asset Management.
Warren Buffett recently discussed his win of a decade long wager in the 2017 Annual Report of Berkshire Hathaway. His winning claim was that an investment in a US equity index would outperform a selected group of hedge funds over the period. Although, over time, equity is a strong return generating asset class, the majority of investors are not in the privileged position where they not only have the luxury of time and emotional fortitude, but also sufficient excess capital to be able to fully invest in such a risky asset class to reap the reward that comes with time. The role of hedge funds in the portfolio construction of these investors is explored.
Netwealth portfolio construction series: Investment Moneyball - Taking advant...netwealthInvest
Discover how you can apply the Moneyball theory to potentially discover good investment opportunities at good prices by finding market anomalies to take advantage of. Paul Moore, founder and Chief Investment Officer of PM Capital, discusses.
John McGonagle • EPI Advisors, LLC
- Understanding the relevance of risk-adjusted returns by Dave Walton
- Strongest jobs gain since 2012 surprises markets
- Building stronger visibility for an advisory firm (Rodger Sprouse, Titan Securities)
Starting up evaluating the potential of a business by mahesh krishnamurti jul...GetEvangelized
This deck was presented by Mahesh Krishnamurti at the TiE Institute Knowledge Series (TIKS) : Starting Up- Session 1 in July 2011.
This session was organised by Tie Mumbai.
BoyarMiller's State of the Capital Markets eBookBoyarMiller
As part of its ongoing Breakfast Forum series, BoyarMiller hosted three financial experts for a moderated discussion on The Current State of the Capital Markets 2019. The panelists were: Kamden D. Kanaly, CFP®, Chairman, KDK Private Wealth Management; John Sarvadi, Executive Managing Director, Corporate Banking, Texas Capital Bank; and Scott D. Winship, Managing Director, GulfStar Group Investment Bankers.
The Hidden Champion Fund in listed Asian equities generated positive absolute returns of +15.4% or a S$2.7m investment gain (in SGD terms as at 1 July 2016) since September 2015, outperforming Asian market indexes which decline over the same period.
Netwealth portfolio construction series - Building investment portfolios for ...netwealthInvest
Discover what markets could look like in the future and some of the strategies investors use in order to continue meeting their retirement goals with Josh Hall from Aberdeen Asset Management.
Warren Buffett recently discussed his win of a decade long wager in the 2017 Annual Report of Berkshire Hathaway. His winning claim was that an investment in a US equity index would outperform a selected group of hedge funds over the period. Although, over time, equity is a strong return generating asset class, the majority of investors are not in the privileged position where they not only have the luxury of time and emotional fortitude, but also sufficient excess capital to be able to fully invest in such a risky asset class to reap the reward that comes with time. The role of hedge funds in the portfolio construction of these investors is explored.
Netwealth portfolio construction series: Investment Moneyball - Taking advant...netwealthInvest
Discover how you can apply the Moneyball theory to potentially discover good investment opportunities at good prices by finding market anomalies to take advantage of. Paul Moore, founder and Chief Investment Officer of PM Capital, discusses.
John McGonagle • EPI Advisors, LLC
- Understanding the relevance of risk-adjusted returns by Dave Walton
- Strongest jobs gain since 2012 surprises markets
- Building stronger visibility for an advisory firm (Rodger Sprouse, Titan Securities)
Starting up evaluating the potential of a business by mahesh krishnamurti jul...GetEvangelized
This deck was presented by Mahesh Krishnamurti at the TiE Institute Knowledge Series (TIKS) : Starting Up- Session 1 in July 2011.
This session was organised by Tie Mumbai.
Joe Wirbick • J.W. Cole Financial, Inc.
- Diversification and the active manager by Linda Ferentchak
- Germany 2-year bond yield falls to negative territory
- Balancing active and passive investment strategies (Gary Ziegler, Transamerica Financial Advisors, Inc.)
DC servomechanism parameter identification a closed loop input error approachISA Interchange
This paper presents a Closed Loop Input Error (CLIE) approach for on-line parametric estimation of a continuous-time model of a DC servomechanism functioning in closed loop. A standard Proportional Derivative (PD) position controller stabilizes the loop without requiring knowledge on the servomechanism parameters. The analysis of the identification algorithm takes into account the control law employed for closing the loop. The model contains four parameters that depend on the servo inertia, viscous, and Coulomb friction as well as on a constant disturbance. Lyapunov stability theory permits assessing boundedness of the signals associated to the identification algorithm. Experiments on a laboratory prototype allows evaluating the performance of the approach.
Steve Miller • Transamerica Financial Advisors
- Active management in plain English: An advisor's perspective by Greg Gann
- Spike in VIX briefly shatters market calm
- Making a 10-year succession plan work (John Gutfranski & Debra White Stephens, Cetera Advisor Networks LLC)
Russell Luce • Foresters Equity Services
- Slicing the market: An active manager's view of a complex investment world by Ron Rowland
- Recession job losses finally recovered
- Profit with business valuation (Mark Miehe, SII Investments)
14 Outdated Investing 'Rules' You Don't Need To Follow AnymoreScott Tominaga
As the times change, so does the world of finance. Some investors are still stuck on “rules” of investing that have become obsolete, and sticking with these old adages may hurt you in the long run.
4 active vs passive advisor insert funds flows dfa (advisor present) p. 1-3, ...Weydert Wealth Management
This excellent article contains three key graphics illustrating how average investors flow into and out of investments at the wrong times and contrasts this with the average DFA investor who remains much more consistent and disciplined.
Daniel Namey • H. Beck, Inc.
- The (not so) indomitable investor: 9 reasons most investors lack the discipline to succeed by David Wismer
- Can gold maintain momentum?
- Setting client expectations around active management (Carla Zevnik-Seufzer, The Strategic Financial Alliance)
Steve Redelsperger • Cadaret, Grant & Co., Inc.
- Risky business: How to create a better investor behavioral profile by Kellye Whitney
- October lives up to volatility reputation
- Creating tax-advantaged financial strategies (Gary Strawn, Transamerica Financial Advisors, Inc.)
Randy Kerns, CIC, ChFC • Voya Financial Advisors Inc.
- Why passive investors get hammered by Mike Posey
- Can it really be earnings season already?
- What oil's plunge and the strong Dollar may mean for 2015 by Jeanette Schwarz Young
- Active management as a practice differentiator (John McGonagle, CFP, CRPC, Asset Architects LLC)
Similar to Kimble Johnson – Proactive Advisor Magazine – Volume 3, Issue 1 (20)
Bob Pearson • Transamerica Financial Advisors Inc.
- Experts need experts: 10 questions to ask third-party money managers by Kellye Whitney
- Do record margins pose market threat?
- “Rule of 240” compounding by Ron Rowland
- Hot-button topics drive seminar attendance (Matthew Gaude, FSC Securities)
Matthew Gaude • FSC Securities
- Gaining the peer-to-peer advantage: The 2015 NAAIM annual conference highlighted the importance of collaboration by Linda Ferentchak
- Debate over valuations heats up
- Fundamentalists vs. technical analysts by Martha Stokes, CMT
- Marketing the unrealized potential of 403(b) plans (Ryan Finnell, Retirement Tax Advisory Group)
Ryan Finnell • Retirement Tax Advisory Group
- A "living in the moment" guide to investing by Jerry Wagner
- Sell in June and go away?
- Market “truths” subject to change by Rob Hanna
- Client appreciation: A sound investment (Jim Bowen, LPL Financial)
Damon Ridley • FSC Securities Corp.
- The efficient frontier fails the test of time by Linda Ferentchak
- Wage growth mixed amid “just right” employment report
- Market high? Pie in the sky by Ian Naismith
- Maintaining a high-profile practice (Marlow Felton, Chris Felton, Transamerica Financial Advisors Inc.)
Marlow Felton, Chris Felton • Transamerica Financial Advisors Inc.
- A Millennial’s perspective: How we really feel about money and investing by Nick Halle
- The continuous bid under the market
- The force of Supply at major tops in the U.S. equity market by Tracy L. Knudsen, CMT
- Working a structured referral process (Don Meredith, Lincoln Financial Advisors Corp.)
Don Meredith • Lincoln Financial Advisors Corp.
- The Millennial obsession by David Wismer
- Global decline in oil prices leads to “Fracklog”
- VIX ETFs not right for investors by Tom McClellan
- A generational shift in target marketing (Bryce Winkel, Transamerica Financial Advisors Inc.)
Chris Gurnee • Foresters Equity Services Inc.
- 85,000 on the Dow: Pipedream or realistic possibility? Book review by David Wismer
- European stocks continue on torrid pace
- Risk on, until it isn’t by Jeanette Schwarz Young
- Managing 403(b) referrals in a tight-knit academic setting (Johnathon Davis, Retirement Tax Advisory Group)
Johnathon Davis • Retirement Tax Advisory Group Inc.
- Profiling ultra-high-net-worth clients by Katie Kuehner-Hebert
- Will weak jobs numbers delay Fed rate hike?
- Why you have way too much invested in U.S. stocks by Meb Faber
- Building a “niche” into a practice focus (Phylyp Wagner, Matt Quattlebaum, H. Beck)
Phylyp Wagner & Matt Quattlebaum • H. Beck
- How often should you review your investment returns? The results may surprise you by Jerry Wagner
- The most scrutinized Fed rate hike ever?
- Recent Q1 highs lacked “oomph” by Tony Dwyer
- Expanding the family business tradition (Jeff Pesta, LPL Financial)
Jeff Pesta • LPL Financial
- Is it time to retire your strategy, manager, fund, or ETF? by Dave Moenning
- Dollar strength has uncertain implications
- The Anchored Momentum Indicator by Ron Rowland
- Converting positive feedback into new business (Steve Molesky, Kalos Capital Inc.)
Brian Glaze & Larry Ware, CRPC, CLTC – Proactive Advisor Magazine – Volume 5 ...Proactive Advisor Magazine
Brian Glaze & Larry Ware • LPL Financial
- Why hasn’t the Efficient Market Hypothesis disappeared? by Linda Ferentchak
- Climbing U.S. dollar makes exports less competitive
- The seasons of the stock market by Paul Desmond
- Selling proposition: "Plan-based investing" (Jerry Ganz, Packerland Brokerage Services)
Jerry Ganz • Packerland Brokerage Services
- Can lower returns lead to more money in retirement? The impact of sequencing and volatility on portfolio value by David Witkin
- Jump in Swiss franc triggers short-term losses and long-term uncertainty
- Crude oil’s message for the stock market by Tom McClellan
- Growing a referral network (Trish Beine, The Strategic Financial Alliance)
Trish Beine • The Strategic Financial Alliance
- Dissing the investor by Linda Ferentchak
- Ratio of gold to oil hits levels of the 1990s
- What will the next bear market look like: Grizzly or Teddy? by Marshall Schield
- Frequency of client touches leads to referrals (Randy Kerns, Voya Financial Advisors, Inc.)
Victor Gadoury, CLU, ChFC • LPL Financial
- Active investment managers at NAAIM believe their way is better by Susan Baber and David Wismer
- NASDAQ Composite poised to break all-time levels
- The trend-following play by Dave Landry
- Marketing in a multi-target sales process (Katie Williams, LPL Financial)
Katie Williams, AIF, CRPC, CRPS, CFP • LPL Financial
- Women & investing: Is this time different? Why the message of active investment management should resonate with female prospects by Greg Gann
- Dow Theory says market divergence is troubling
- Sentiment readings as a market indicator by Jeanette Schwarz Young
- The soft sell of cross-marketing (Rod Smith, National Planning Corporation)
Rod Smith • National Planning Corporation
- What is your investment style? by Ron Rowland
- Solid, if unspectacular, full-year 2014 GDP—even as Q4 disappoints
- What volatility derivatives can tell you about the stock market by Lawrence G. McMillan
- Promoting a partnership approach (Brian Glaze & Larry Ware, LPL Financial)
Rodger Sprouse • Titan Securities
- Swimming with the sharks by Linda Ferentchak
- Oil price decline has divergent impact on stock sectors
- Adapting business practices for the next generation of clients (Robert Kinnun, Madison Avenue Securities, Inc.)
Robert Kinnun • Madison Avenue Securities, Inc. (“MAS”)
- Growth of passive index investing increases the need for active management by Linda Ferentchak
- Technology sector tops Q3 earnings season
- Brokerage options: an "instrument-rated" approach to 401(k) plans (Mike Jones, ProEquities, Inc.)
Mike Jones • ProEquities, Inc.
- Bucket investing with risk-managed portfolios by David Varadi, Jerry Wagner, J.D., George Yang, Ph.D. & CFA
- Employment increases set new record
- Referrals fueled by process management (James Franke • Harbour Investments, Inc.)
Tu Bui • Transamerica Financial Advisors, Inc.
- Millennials and risk management by Katie Kuehner-Hebert
- High yield sector shows divergences
- Passionate about paying it forward (Nancy Hairsine, Foresters Equity Services, Inc.)
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
1. Bright spots on
housing front • pg. 7
Opening the
401(k) door • pg. 3
Multi-dimensional
investing• pg. 4
July 3, 2014 | Volume 3 | Issue 1 First magazine focused on active investment management
pg. 8
K I M B L E
JOHNSON
RETIREMENT
There is no dress rehearsal
2.
3. wealth management needs, which
can be closely intertwined with their
business. This establishes a holistic
financial plan from insurance needs,
to tax reduction strategies, to estate
planning to asset management.
You need to do what you say you will
do with respect to servicing the quali-
fied plan for the company. You will be
directly in front of the decision-maker
in these companies as you acquire
and service the plan, which provides
a wonderful opportunity to build a
trusting relationship. Once they have
seen how you can help them in their
business and personal planning, don’t
hesitate to ask for referrals.”
n more than twenty years of
experience in the advisory
business, working with owners of
closely held corporations has proven
to be a great way to grow my business.
I have found over time that there can
be multiple benefits of working with
business owners.
We target companies in a broad
range of 25-400 employees. We reach
out to target companies in a number
of ways: cold-calling, referrals from
centers of influence, and current client
referrals.One of our largest clients came
in through an old-fashioned cold call.
After the initial contact, we see if we
can build a relationship that can lead to
handling their company’s 401(k) needs.
We have strong relationships with
third-party administrators, insurance
companies, and asset managers. That
important relationship with a TPA
needs to be a two-way street. If you
expect them to work with you and refer
business to you,you need to do the same.
They want to work with advisors who
specialize in qualified plans and will
deliver a value-added service, making
the client’s life and their job easier.
Once a company’s 401(k) needs
are being met, we try to expand
that relationship with the business
principal by handling their personal
Opening the 401(k) door
Daniel Namey
Jacksonville, FL
H. Beck, Inc.
President, Namey Financial Group, Inc.
I“
Securities and investment advisory services offered through H. Beck, Inc., member FINRA/SIPC and an SEC-registered invest-
ment advisor. H. Beck, Inc. and Namey Financial Group, Inc. are not affiliated. Investments will fluctuate and when redeemed
may be worth more or less than when originally invested.
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VOTE
20%
40%
60%
80%
Last week’s results
VIEWER RESPONSE
Which client information is
most helpful in determining
risk tolerance?
-Results in next issue
This week’s poll
How many advisors are
actively seeking younger
clients to replace older
clients or those in
“decumulation” phase?
Answer: Investment experience
A client’s previous investment
experience is integral to determining a
client’s risk tolerance, as are liquidity
requirements, investment time frame,
current investments, and expected
return on investment.
67%
0%33%
Spending habits
Investment experience
Tax situation
July 3, 2014 | proactiveadvisormagazine.com 3
POLLS TIPS & TOOLS
4. The question comes up frequently: “What is active
management?”
Many confuse the phrase with the simple act of running
a mutual fund populated with stock picks within the strict
guidelines of a prospectus, as opposed to running an index
fund, where the manager simply buys and holds the shares
making up a particular stock or bond index. While there may
be other definitions that have equal merit, I would look at the
question in a different way, with active management being
a means to adding multi-dimensionality to one’s investing to
better reach one’s goals.
We are often told to “be a ‘buy-and-hold’ investor.” Yet,
while the phrase “buy-and-hold” is two words linked together
by a connector, that single conjunction “and” does not give the
phrase dimensionality.
Buy and hold, in its purest form, has zero dimensionality—
you buy. “Holding” is not a word of action. Following this ap-
proach is passive investing in its purest form.
Does your investing suffer from
a lack of dimensionality?
By Jerry Wagner
proactiveadvisormagazine.com | July 3, 20144
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5. Graphically, zero dimensionality is a dot. It has no length,
width, or height—it’s only a dot, just like the period at the end
of this sentence. Like the period, it can appear at any place
on a page—high or low. Like the return from a buy-and-hold
Most investors are one-dimensional investors. They buy and
… they sell. Both verbs denote activity—buying and selling.
That makes most investors active investors.
While passive investors often focus only on the state of the
investment itself without dimension (i.e. the factors about the
investment that caused them to buy in the first place), active
investors view investing in at least a one-dimensional state.
in making his or her buy and sell decisions. The market envi-
ronment can actually alter the length of time that one holds the
investment, whether you buy or sell at all, or even whether you
reverse the process and sell short to benefit from a current or
impending downturn.
Dynamic, risk-managed investing is many steps beyond the
simple act of buying and selling. A lot more is going on.
Basic, or one-dimensional active managers have factors that
influence when to buy—just like the buy-and-hold investor—but
continue on pg. 11
investment, it just is. It’s the return of the underlying index
and that’s all there is. When the S&P is up, like it was in 2013,
for example, the dot is higher. When it’s down 55%, like it was
in 2007-2008, that’s all she wrote—you get what you see.
No longer just a “dot,” a one-dimensional line consists of at
least two dots. They focus on both buy and sell factors.
Still, they differ further. Some buy and then sell after a long
time, while others buy and then, within a fairly short time, they
sell. One-dimensional investing, then, is like a line. And that
line can be long or short.
Zero Dimensions
One Dimension
Two Dimensions
Three Dimensions
To graduate to two-dimensional investing, as one would
in drawing, where length and height are combined to form a
square, one must add another component and look at direction.
A two-dimensional investor, then, considers market direction,
or the prevailing direction of prices of the individual securities,
Dynamic, risk-managed investing adds a whole new di-
mension: risk management. Dynamic, risk-managed invest-
ing is like a cube. It’s three-dimensional. It has width, length,
and height.
July 3, 2014 | proactiveadvisormagazine.com 5
6. An investor should consider the investment objectives, risks, charges, and expenses of The Gold Bullion Strategy Fund before investing. This and other information
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Ceros Financial Services, Inc. and Flexible Plan Investments, Ltd. are not affiliated entities.
Advisors Preferred, LLC is the Fund’s investment adviser. Advisors Preferred, LLC is a wholly-owned subsidiary of Ceros Financial Services, Inc.
The principal risks of investing in The Gold Bullion Strategy Fund are Risk of the Sub-advisor’s Investment Strategy. Risks of Aggressive Investment Techniques,
High Portfolio Turnover, Risk of Investing in Derivatives, Risks of Investing in ETFs, Risks of Investing in Other Investment Companies, Leverage Risk, Concentration
Risk Gold Risk, Wholly-owned Corporation Risk, Risk of Non-Diversification and Interest Rate Risk. “Gold Risk” includes volatility, price fluctuations over short periods,
risks associated with global monetary,economic,social and political conditions and developments,currency devaluation and revaluation and restrictions,and trading and
transactional restrictions.
For more information on the risks of The Gold Bullion Strategy Fund, including a description of each risk, please refer to the prospectus.
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7. 504
0
200
400
600
800
1000
1200
1400
1600
‘90 ‘92 ‘94 ‘96 ‘98 ‘00 ‘02 ‘04 ‘06 ‘08 ‘10 ‘12 ‘14
Highest reading since April 2008
Units(InThousands)
Bright spots on the housing front
ast week’s 1st Qtr. GDP
revision to a fairly shocking
-2.9% was the lowest non-
recession reading since
1947. While markets briefly waffled
in the face of this news, by and large
it was taken in stride as a backward-
looking measure.
In similar fashion, Case-Shiller
figures showing an April slowing of
the rate of home price increases was
similarly discounted last week as
being effectively two-month-old data.
The more timely May readings of
existing and new home sales both ex-
ceeded market expectations, the latter
by a wide margin.
Existing home sales for May came
in at 4.9 million units, beating
consensus by 3%.
According to Bespoke Investment
Group, new home sales in May “not
only beat estimates, they shot the
lights out.” The 504K units of new
home sales exceeded the consensus
forecast by nearly 15%. Bespoke
notes that, “The month/month in-
crease of 18.6% for May was the larg-
est monthly increase since January
1992 and the 10th largest increase in
the last 50-plus years.” The median
sales price for homes sold during the
L
Source: Bespoke Investment Group
month was $282,000. The average
price was $319,200.
Further good news on the housing
front came in on Monday (June 30),
with the release of pending home sales
data. The pending home sales index
rose sharply in May (+6.1%), with
lower mortgage rates and increased
inventory accelerating the market,
according to the National Association
of Realtors. All four regions of the
country saw increases in pending
sales, with the Northeast and West
experiencing the largest gains.
Many analysts are cautiously opti-
mistic that this better-than-expected
data signifies that housing’s early
2014 sluggishness was indeed largely
attributable to the poor weather across
much of the nation. However, the still
lackluster indicators of new mortgage
application activity (and approv-
als)—especially for middle income
buyers—remains a concern.
NEW HOME SALES: 1990–2014
July 3, 2014 | proactiveadvisormagazine.com 7
TOPPING THE CHARTS
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8. K I M BL E J O H NS ON
RETIREMENT
There is no dress rehearsal
Rebuilding and protecting retirement assets
takes center stage with Kimble Johnson.
New strategies and investment vehicles are
a must—and third-party active managers
are the experts he calls.
D D
8 proactiveadvisormagazine.com | July 3, 2014
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9. My overriding concern is that my clients
have their retirement expenses covered by
“guaranteed” income sources, such as from
Social Security, pensions and/or annuities. I
will usually recommend that the remainder of
my clients’ assets be deployed for growth to
offset inflation as much as possible.
What are the issues you see with retire-
ment planning for your clients?
The retiree of today is handed a great deal
of retirement risk as well as the prospect of
navigating a “Brave New World” of investing
post 2008. The changeover in our lifetime
from defined benefit to defined contribution
retirement plans is a prime contributor. The old
assumptions and the old tools will no longer
work, and I personally think anyone trying to
go it alone is facing a tough road.
The rebuilding and protection of retirement
assets is the most critical task. It requires new
strategies and investment vehicles that can
transfer or reduce some of the risks.
What are those risks?
There are really three that I speak about with
clients and prospects all of the time.
First, there is longevity risk. This is not
exactly rocket science or unknown to people,
but the implications are seldom well-planned
for. Through medical advances and healthier
lifestyles, life expectancies keep increasing.
Great news for people in general, not so great if
not factored into their financial plans.
Second, there is market risk. I talk about
this in a couple different ways: the so-called
“sequence-of-returns risk”: the unlucky event
of suffering poor market returns early in retire-
ment; and “portfolio risk”: taking on too much
risk and sacrificing safety for higher potential
income, or alternatively, taking on too little risk
and sacrificing potential portfolio growth.
Third, and closely related to the first two,
is inflation risk. This again is a concept most
people understand on a surface level: the poten-
tial of inflation to erode their purchasing power.
What they generally do not understand is that
every retirement portfolio should account for
this with a growth component to their planning.
What is the solution to these risks?
I tell clients that in retirement there are no
dress rehearsals. All of these risks have to be
considered and planned for.
However, over the course of my career
I have been involved with just about every
aspect of the investment and financial planning
business. I have come to believe that traditional
buy-and-hold approaches to asset allocation
and investment management are flawed. They
are the antithesis to active investment manage-
ment, where the monitoring of current market
conditions is strongly factored into strategies.
I am a believer in identifying and managing
for risk. That is what active management is all
about, so it fits nicely with my world view, as
well as my investment philosophy.
How do you employ active management
on behalf of clients?
First of all, there is not just a one-size-fits-all
solution. And there might be as many unique
slants to active management as there are active
managers. Going back to my medical analogy, I
feel that I need to have access to all of the finan-
cial solutions out there, just as a doctor needs
to have access to the latest medical theories and
technologies. And like a doctor might call on
specialists, I can use active managers who are
experts at what they do: monitoring markets,
strategies and performance every day.
I am also a strong advocate of variable an-
nuities and have found opportunities to utilize
active management within annuities. These
can be fairly complicated products to the lay
person, but I take great pains to explain them as
simply as possible.
By utilizing active management within an
annuity, I believe I can deliver several different
benefits to clients in one product: some guar-
antees on income floors, the opportunity for
asset growth, and perhaps most importantly,
continue on pg. 10
D
Proactive Advisor Magazine: Kimble, can
you tell me a bit about your background?
Kimble Johnson: I have been a financial
advisor now for just over thirty years.
I am the son of a doctor, who was the son
of a doctor, who was also the son of a doctor.
Early on I became much more interested in
finance than medicine, and all of my work ex-
periences have involved financial planning and
investments. I have styled my practice as, and
consider myself to be, a “financial physician”
and a surgeon, when necessary.
9July 3, 2014 | proactiveadvisormagazine.com
10. M U LT I - M A R K E T
+
MULTI-STRATEGY
+
MULTI-MANAGER
One p rtfolio
D Y N A M I C A L LY R I S K - M A N A G E D
L E A R N M O R E
Past performance does not guarantee future results.
The opportunity for profits
carries with it the possibility of losses.
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A complete list of all of our recommendations over the last 12 months and Brochure Form ADV Part 2A are available upon request.
up there in years and has multiple objectives:
maintaining a decent current income, estate
planning for his family, and would like to see
his assets grow for contributions to charities
after he is gone. A pretty complex situation but
I have been able to meet all of those objectives
with these type of annuity programs.
Thank you for the great insights Kimble.
Anything you would like to add?
Going back to my main theme of risk man-
agement, one principle I emphasize with clients
is understanding the difference between their
risk tolerance and their risk capacity. People
may feel comfortable with the results of a typi-
cal risk questionnaire that shows them to have
a certain appetite for risk. That might be called
their “risk tolerance” in an academic sense.
But I really like to drill down and work
through the numbers with them. When the
rubber hits the road, could they really stand,
economically, to lose a large percentage of their
investment portfolio? The answer usually is no,
which is why I like the double-edged sword
of risk mitigation through both annuities and
active investment management within that.
strong risk management. I tell clients to think
about their financial assets the way they do their
home. You’ve insured your $400,000 home,
why wouldn’t you use some insurance, so to
speak, on your $400,000 investment portfolio?
I have had more than one client tell me “it
sounds too good to be true.” And I tell them,
“It’s not too good to be true, but it is too good
to be free.” Yes, there are management fees asso-
ciated with this type of approach, but in general
I think they are very reasonable and the benefits
far outweigh the costs over the long run.
You have spoken a lot about risk.
Can these actively managed annuity
approaches accommodate clients with
various risk profiles?
Oh, yes, absolutely. While there are some
restrictions placed by insurance companies as to
percentages of allocation and number of trades
and other things, within that there is quite a
bit of flexibility. They can be appropriate for
conservative clients and for those interested in a
more aggressive growth stance.
I have one relatively affluent client with sev-
eral million dollars in annuities. He is getting
continued from pg. 9
Securities and Advisory services offered through LPL
Financial, a registered investment advisor. Member
FINRA & SIPC. The opinions voiced in this material are for
general information only and are not intended to provide
specific advice or recommendations for any individual. All
performance referenced is historical and is no guarantee of
future results. There is no guarantee that a diversified portfolio
will enhance overall returns or outperform a non-diversified
portfolio. Diversification does not protect against market risk.
Investing involves risk, including loss of principal.
10 proactiveadvisormagazine.com | July 3, 2014
11. There can be no assurance that any investment product will achieve its investment objective(s). There are risks associated with investing, including the entire loss of principal invested. Investing involves market
risk. The investment return and principal value of any investment product will fluctuate with changes in market conditions. Guggenheim Investments represents the investment management businesses of Gug-
genheim Partners, LLC. Securities offered through Guggenheim Funds Distributors, LLC. Guggenheim Funds Distributors, LLC is affiliated with Guggenheim Partners, LLC. x0515 #12526
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continued from pg. 5
add in a process for determining when to sell. Both the buy and
the sell factors are quantitative (or solely numbers based)—no
emotion, no subjectivity, just disciplined, mathematical investing.
Intermediate-level, or two-dimensional active managers add
in the directional dimension—price momentum, the potential
downside, the price movement of one investment as it relates to
another—all coming together to determine the position to take
in an investment. Strategies can be employed that are based
on following the trend, doing the opposite (mean reversion) or
simply following price patterns that have historical persistency
in terms of follow through.
Dynamic, risk-managed investors add in yet another dimen-
sion—the risk management dimension. Its three-dimensional
practitioners incorporate advanced investment ingredients: the
active reallocation of the position size in any investments to as
small as zero, hedging, the use or avoidance of leverage, shifts
to cash and bonds determined by volatility, tactical timing mea-
sures, and stop loss signals.
These add a whole new element of dimensionality. The result
is a complete investment strategy, a strategy based on dynamic,
risk-managed investing that considers not just getting invested,
or just buying and selling, or even determining whether the
market is moving up or down. Instead, it considers all of these el-
ements plus the tools to actively preserve the investment in case
bad luck or a bad strategy results in unintended losses.
Finally, think of each of those dynamic, risk-managed invest-
ing three-dimensional cubes, these separate dynamic, risk-man-
aged strategies, as bricks. Combine them and you have the
safety of a home. Bringing together actively managed strategies
in a single portfolio is designed to deliver a strategically diver-
sified, dynamic, risk-managed portfolio, which, like your home,
is intended to weather the fourth dimension—time.
Investors need the solid combination of all of the bricks to
form a home, to weather the storms that roar through the finan-
cial environment over a full financial cycle—the times when the
markets are up and the times when they are down.
Only active management, not passive holding of invest-
ments, is multi-dimensional. And today, active management is
available through a growing number of money managers and
the advisory firms who employ their services.
So whether an investor’s portfolio resembles a studio apart-
ment, a modest three-bedroom home or a far more spacious
property, technological innovations can now provide the same
active management advantages previously available only to
high-net-worth clients and institutional investors.
An investor has to ask oneself, “Would I rather stand on a dot
on the sidewalk out in front of my future home, or move into the
multi-dimensional space inside?” The choice is up to you.
Only active management, not
passive holding of investments,
is multi-dimensional.
11July 3, 2014 | proactiveadvisormagazine.com