Key Financial Planning Considerations for the New Year
A new year provides a wonderful opportunity to take control of your financial future. Clarifying and prioritizing your financial goals in the days and weeks
We believe that owning individual companies, rather than mutual funds or broad indices, provides greater control and efficiency in managing your portfolio. With individual stocks, we can better optimize tax strategies, such as managing the timing of gains and employing tax-loss harvesting when advantageous. It also allows us to invest based on business valuations, strategically investing when prices are most favorable. By emphasizing tax efficiency and buying when companies sell with a margin of safety, we aim to preserve a larger portion of your returns to support your wealth-building goals.
We carefully select from a pool of high-quality companies with strong balance sheets, robust free cash flow, and the potential to buy back stock and increase dividends year after year. Rising dividends reflect a company’s financial strength and commitment to rewarding shareholders, creating a potential compounding effect where both your capital and income grow over time. This strategy is designed to help protect your wealth and mitigate the impact of inflation while aiming to build a dependable income stream that supports your lifestyle.
With a focus on income growth, capital appreciation, tax efficiency, and valuation, we tailor strategies designed to promote financial stability, support growth of income, foster long-term growth, and enhance tax efficiency – aiming to give you the peace of mind to focus on what matters most.
A new year provides a wonderful opportunity to take control of your financial future. Clarifying and prioritizing your financial goals in the days and weeks
Led by technology megacaps for a second consecutive year, the stock market enjoyed solid returns in 2024, with the Dow Jones Industrial Average, S&P 500
Since we first issued our Outlook 2024 in January and in subsequent April and July newsletters, we have been confident in our prediction for the inevitable comeback of an equally weighted investment strategy. For almost two years now, market returns have been disproportionately led by a small group of mega-cap technology stocks, the so-called “Magnificent Seven.” The fever may have finally broken as the average stock delivered a stellar third quarter return relative to the overall market.
