My Investing Philosophy

Here’s my take…have a plan, rebalance annually or more often if necessary due to market movements, stay diversified, cut unnecessary costs, and let the market do it’s job.

I witnessed thousands of clients handle the turbulent financial markets ups and downs. Some of them did well and others did not. The themes of those two categories were undeniable. The investors that were patient, not greedy, and had a good long-term plan tended to do better than the group of clients that were undisciplined, impatient, and overly confident and over-concentrated in a few companies.

Therefore, I am a big believer in diversification and investing discipline. I rarely recommend using individual stocks. The fast-moving financial markets and worldwide access to news and information can make it more challenging to stay on top of stock prices unless one has a ton of time to devote to such a task. I am a believer in a more passive approach to investing. I prefer using index mutual funds and exchange-traded funds (ETFs) to build and maintain strategies. However, clients often have stocks that may not be easy to sell due to built-up capital gains. It may take weeks, months, or years for us to move out of a position to account for the possible tax consequences. As best we can, I’d like to limit company specific risk.

Visionary Planning & Investment, LLC is a registered investment adviser offering advisory services in the State of Colorado and in other jurisdictions where exempted.