A retirement investor with a $1,000,000 account will pay a Financial Advisor over $10,000 per year to manage their investments. That is a lot of money.
If the Advisor were able to generate excellent investment results, that fee would be well worth it.
But the sad truth is that Financial Advisors are not highly skilled investors. They are financial generalists that simply follow the plain vanilla investing advice pushed by the investment services industry. They put you in “cookie-cutter” portfolios that only earn about 7% per year.
You could get the same results by investing in a Target Date fund with a mix of stocks funds and bond funds. And you would save yourself $10,000 every year.
Financial Advisors are good people who can help you with financial planning, tax planning, estate planning and complex financial transactions. But the business model for Advisors is supported by investment fees that are based on a percentage of your total investment assets.
Adding insult to injury, Financial Advisors don’t have any effective ways to protect your savings against big losses in stock market meltdowns. You are forced to settle for mediocre investing results and the risk of getting crushed in bear markets. The standard advice from financial advisors for surviving bear markets is simply to just “hang in there” and “ride it out”.
This is a lousy deal for retirement investors.
It is also why at any point in time roughly 40% of people who work with Financial Advisors are looking to change Advisors. People change advisors more frequently than they change the tires on their cars. Unfortunately, they end up getting more of the same and they don’t ever solve the problem.
Fortunately, there are much better investment options for people over 60 that can provide the growth you need AND protect your life savings against big losses in bear markets.
I am an investment strategist and former hedge fund manager who is on a mission to help people achieve the retirement of their dreams. I am leveling the playing field by giving ordinary investors access to the investment solutions that were previously only available to the big financial institutions and wealthy investors.
You have worked hard and saved a lot of money over the last several decades. You deserve to enjoy the fruits of your labor. I have helped hundreds of people to finally solve their investing challenges.
Most people can and should be generating twice as much income in retirement.
And this additional income can be generated without taking on additional risk. In fact, you can double your retirement income with less risk than you are exposed to right now.
I have created an investing system that provides what you can’t get elsewhere - Growth AND Safety.
If you don’t improve your investing, you will limit your income in retirement.
You owe it to yourself and your family to learn about a Smarter Way to Invest.
Click here to schedule a quick call. Let us show you how to create the retirement of your dreams. It is easy and it is painless.
Time is not on your side so act now.
You deserve a more comfortable and secure retirement.
Schedule your call today.
Stay Disciplined My Friends,
Phil
Disclaimers The Beyond Buy & Hold newsletter is published and provided for informational and entertainment purposes only. We are not advising, and will not advise you personally, concerning the nature, potential, value, or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Beyond Buy & Hold recommends you consult a licensed or registered professional before making any investment decision.
Investing in the financial products discussed in the Newsletter involves risk. Trading in such securities can result in immediate and substantial losses of the capital invested. Past performance is not necessarily indicative of future results. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, and market dynamics.
An important decision for retirees is where they would like to live in their retirement years.
Bankrate just issued their annual report of the best states to retire in for 2025. They use a methodology that ranks each state on the following criteria.
Affordability
Weather
Neighborhood Safety
Health Care
Local Taxes
Arts, Entertainment and Recreation
People of a Similar Age
The factors above are weighted based on a survey they conduct regarding the importance of each factor in their decision.
You will probably rank the importance of each factor differently based on your personal preferences. But the ranking in each category is very interesting and the information could be of use to you.
The Best States
In this year’s report, New Hampshire took the number one spot. Weather is a weak point for New Hampshire, but they score very well in all the other categories (taxes, safety, health care, etc.). Here are the top five.
New Hampshire
Maine
Wyoming
Vermont
Idaho
Four of the top 10 states are in New England and three are Western States (Idaho, Utah and Wyoming).
The Worst States
Louisiana came in as the worst ranked state for retirement finishing low in every category, including 48th for crime. Here are the bottom five states.
50. Louisiana
49. Texas
48. Oklahoma
47. Arkansas
46. Nebraska
Eight of the ten worst states are in the Sun Belt (Alabama, Arkansas, Florida, Louisiana, Oklahoma, California, New Mexico and Texas).
This ranking may be surprising to you because many people think only of warm weather and taxes when making retirement location decisions. Whether you agree or not, this study looked at several lifestyle factors and risk factors to come up with the ranking.
You can find the full report at https://www.bankrate.com/retirement/best-and-worst-states-for-retirement/.
Stay Disciplined My Friends,
Phil
Disclaimers The Beyond Buy & Hold newsletter is published and provided for informational and entertainment purposes only. We are not advising, and will not advise you personally, concerning the nature, potential, value, or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Beyond Buy & Hold recommends you consult a licensed or registered professional before making any investment decision.
Investing in the financial products discussed in the Newsletter involves risk. Trading in such securities can result in immediate and substantial losses of the capital invested. Past performance is not necessarily indicative of future results. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, and market dynamics.
The stock market has continued its steady climb since the lows reached on April 8th during the depths of the tariff concerns. The S&P 500 has risen 28% since the low point in April and has climbed about 6% over the last month. Both the S&P 500 and the Nasdaq are now up about 8% year-to-date.
In the chart below you can see the extreme price volatility in April and the steady move higher over the last three months.
The tariff uncertainty is not completely behind us, but the news seems to be improving. The stock market believes that the final tariff rates will not be as high as originally feared.
Economic news has been mostly positive over the last month. Corporate earnings have mostly exceeded expectations for the most recent quarter. Inflation ticked up slightly in June due to the tariffs, but we are still under 3%. The July inflation reading will be very important for the market. It will reflect more data on tariff related price increases, and it will be released on August 12th.
If the report on August 12th is positive, the Fed will be able to begin lowering interest rates. If the report indicates rising inflation, the outlook for rate cuts will be less bullish.
Oil prices have retreated as the situation in Iran seems to have stabilized.
It was a wild ride to nowhere in March, April and May. Discipline and patience paid off over the last six months. Following a disciplined system in times of volatility always produces better results than letting emotions drive your investing decisions.
The biggest cloud that I see hanging over the stock market currently is valuation levels. My valuation gauge indicates that the stock market (S&P 500) is 20% above its fair market value in July. This is higher than we were in January 2022. The last time the market was overvalued by this much was in 2000 during the dot-com bubble. We did reach a level 60% over fair market value in the dot-com runup before that bubble burst.
I do not trade based on market valuation levels and you should not either. It is just something to keep an eye on.
Stay Disciplined My Friends,
Phil
Disclaimers The Beyond Buy & Hold newsletter is published and provided for informational and entertainment purposes only. We are not advising, and will not advise you personally, concerning the nature, potential, value, or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. Beyond Buy & Hold recommends you consult a licensed or registered professional before making any investment decision.
Investing in the financial products discussed in the Newsletter involves risk. Trading in such securities can result in immediate and substantial losses of the capital invested. Past performance is not necessarily indicative of future results. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, and market dynamics.
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