Mike and Kimberly meet with us several times a year to update us on their lives and share their travel stories. While they understand that they are invested for the long haul they still want to monitor their investment account balances and they appreciate that they do not have to wait for quarterly statements. They regularly visit our client portal on their computer and on an app through their mobile phone to check their investment results. Mike and Kimberly are confidently enjoying their lives because they know they have a team of trusted professionals working for them. Will we have enough to maintain our lifestyle?
Will we have to work longer? We have many investment accounts spread out among different brokerage firms. Everyone depends on us — our children and our parents.
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We want to make sure our family is provided for but we also need to make sure we have enough as we age. How will the choices we make today impact our future? These case studies are hypothetical in nature, for illustrative purposes only, and should not be considered investment advice. The information is intended to illustrate services available at fiduciary investment advisors, and is not intended as a testimonial or endorsement of Brilliant Advice.
These case studies do not necessarily represent the experiences of other clients, do not reflect actual investment results, nor are they a guarantee of future results. Actual clients of Brilliant Advice may have had results and experiences different than those provided above.
The investment strategies discussed are not appropriate for every investor. How do we know who to trust? Getting to know Mike and Kimberly — building a trusted team. Together we crafted a plan — working as a team.
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How do we tie it all together? As we never tire of saying, private investors should regard market downturns as an opportunity to acquire great businesses at far more reasonable prices. They are, in short, a chance to accumulate.
No one manages to buy at the bottom consistently but, assuming the investment case is solid, averaging-in to a position makes more sense than waiting for a price that may never come. He even anticipates that the dividend could grow nicely too — as this much-loved household brand continues to rapidly expand its online business — and reinvent itself for the digital age. With shares still changing hands at what he believes is an undemanding valuation, now could be the ideal time for patient, income-seeking investors to start building a long-term holding.
Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
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The large payout from their business would occur over several years. Together we created a financial plan. We developed a strategy to meet their cash flow needs and minimize their tax liability. We advised that Mike and Kimberly should update their estate plan to reflect their change in net worth.
We discussed their legacy goals for their children, grandchildren, and charitable giving. As a part of their team of professionals, we worked with them to develop a comprehensive estate plan and a charitable foundation that would allow them to make a difference in the lives of those they cared about while at the same time minimizing estate taxes. We put their money into action — offering them an investment strategy that supports their cash flow needs and legacy plans. Mike and Kimberly wanted the flexibility to enjoy their lives while they are still healthy.
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We made sure they have the cash they will need to spoil their grandchildren and take those special trips. You get to spend time with your loved ones and our team handles the rest! We maintain a proper investment mix for their risk tolerance while meeting their cash flow needs. We make sure their investments are well diversified to capture global and domestic market opportunities to help preserve their assets.
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We know they have worked hard for their money. We make sure their money is working hard for them by keeping their investment expenses and fees low. Mike and Kimberly confidently live their lives — they have the time and resources to enjoy their lives. Mike and Kimberly meet with us several times a year to update us on their lives and share their travel stories.
While they understand that they are invested for the long haul they still want to monitor their investment account balances and they appreciate that they do not have to wait for quarterly statements. They regularly visit our client portal on their computer and on an app through their mobile phone to check their investment results.
Mike and Kimberly are confidently enjoying their lives because they know they have a team of trusted professionals working for them.