So, you found us looking for a Financial Advisor and the thought of creating a wealth management plan came to mind. You might be asking yourself who we are and what we can offer you in terms of Financial Planning. Here at Jersey Shore Portfolio… Read More »Who is JSPM?
To a great extent, the performance of an account is directly proportional to how quickly the management can admit they were wrong. Your money is supposed to be working for you, not against you.
This is another area that can mean the difference between winning and losing in the market. When you initiate a position, you do so with a relatively small position relative to how much of it you eventually would like to own.
Personally, I use probably no less than 20 different methods (filters) to identify stocks worthy of my capital, and my client’s capital. This is where my bread is buttered, so I will only give a teaser here….
Read More »Investment Selection – Part Two
Buy and sell timing – this is not as simple as buying low and selling high. This is actually not simple at all. Expecting success solely through market timing will lead to your financial ruin.
This is another area that can mean the difference between winning and losing in the market. When you initiate a position, you do so with a relatively small position relative to how much of it you eventually would like to own.
Read More »Thoughts On PositionThe value of your account trumps everything else going on in the market, at all times. Protect the value of your account. If you are wrong, admit it, get your money off the table and start over. You will have a comparatively higher value to… Read More »Thoughts On Account Protection
Simply put, all else being equal, taxes due to the government are directly proportional to the money you’ve made. If you’ve never had to pay taxes on investments, forgiving significant write-offs elsewhere, you’ve never made money in stocks, unless of course we’re talking about qualified… Read More »Thoughts On Tax-Driven Decision Making
Do it yourself – I would absolutely encourage everyone to manage their own accounts. This however, requires countless hours of reading, research and maintenance every week, and a level of expertise commensurate with a successful professional. Sometimes that’s not saying all that much though… But… Read More »Thoughts On Flawed Investment Styles
