Portfolios vary for different clients, depending upon their objectives and situations. Generally, long-term capital appreciation is sought. Diversification among industries is used in the construction of portfolios. Short sales, options, and margin are rarely used except at client's request.
We invest mainly in exchange-listed securities, mutual funds, ETFs and in corporate bonds and CDs. If appropriate, we will buy municipal bonds and government bonds. We will help you with your existing variable annuities and may help buy fixed annuities, in the rare case that they are appropriate. We try to keep costs down and have an incentive to do so.
We set goals with clients for a balance of stocks and fixed income taking liquidity needs into consideration. We believe in diversification within the portfolios. We use the candidate list (described above) to buy stocks for the portfolios. We use no-load, no-transaction fee mutual funds to invest both the stock and fixed income portions of the portfolios.
We buy the stocks with the intent of holding for at least a year, but will sell earlier if our sell targets are met.