Happy April to each of you! It is
definitely a beautiful time of the year, isn’t it?
I will only briefly comment on the state of things as I see them in my homemade
and non-technical language. Bottom line, the stock market is near
all-time historic highs, interest rates at all-time historical lows, domestic
debt has never been higher, Europe is gasping for air, Korea is playing a
dangerous game of saber-rattling with scary implications, and in spite of it
all, the world keeps on ticking and the markets seem to largely ignore the
realities of the day.
I personally think we must be very cautious at this time,
financially speaking, and rely upon safe money zones and broad diversification
in portfolios to soften the eventual and inevitable decline that is to come. If
we knew for sure when it will hit in earnest, and how significant it will be,
we could be perfect in our decisions and avoid all damage. However, as you know
and as we continually confess, absolutely nobody (not even the brightest
geniuses and wealthiest people in the world) knows the future nor when things
will do what they do in the market - because the market always fools most of the
people most of the time, and has a mind of its own. Hence, our philosophy at
Heritage of using safe zones, ultra diversification, alternative asset classes
and moderation in all things, is in full effect and has shown to be the only effective
long-term medicine that works consistently.
I appreciate my clients' confidence,
loyalty and business year after year and pledge my continued untiring efforts
to help them protect their finances from undue risk, work to reduce the tax
burdens they face, and help grow their asset base and increase their income as
needed for retirement. It is a tall order and one I take seriously, but feel
it is a calling and passion to help wherever I can to make the journey more
secure and enjoyable. Though I can and do help others who are younger, the people I focus on serving are primarily
high-income earners with big tax issues or those who have been serious
investors or inheritors of substantial money who need to protect and grow their
wealth seriously towards retirement.
I recently hosted my annual dinner for my
new Heritage clients who joined the Heritage Family in 2012, which was a great success! I look forward to including new referrals this year.
May you be blessed with good health, good relationships, prosperity and continuing peace of mind as you work to keep enjoying the journey!
This is a personal blog and is for informational purposes only. This information is not intended to be a substitute for specific individualized tax, legal or financial planning advice as individual situations will vary. For specific advice about your situation, please consult with a lawyer or financial professional.
