In the dynamic landscape of investment, where terms like stocks, bonds, and acronyms such as ETFs and REITs dominate conversations, navigating the complexities can feel like traversing a maze. Many questions arise for investors and would-be investors:
What investments are most suitable for me?
How can I achieve optimal returns while minimizing risk?
How can I eliminate the uncertainty and anxiety associated with investing?
Unfortunately, there are no one-size-fits-all answers to these questions. However, by getting to know you, your concerns, and your goals, Meyer Financial Services can help you explore the answers to these questions and provide customized investment strategies and portfolio management.
Your personalized investment strategy depends on several key factors:
Your risk tolerance.
Your investment timeline.
Your short-term and long-term financial goals
Your need for liquidity
Your tax situation.
And many other factors that we will uncover together.
Let’s take a closer look at these critical factors comprising a customized investment strategy and explore why “set-it-and-forget-it” is not a strategy.
The time you have until you need to use your invested money is a critical factor. If retirement is on the horizon in the next five years, your investment approach will likely differ from someone retiring in 30 years. A longer time horizon allows for a higher risk tolerance, allowing for recovery from temporary losses and market volatility. Conversely, if you require the funds sooner, a more conservative approach may be necessary.
Comfort levels with risk and volatility vary among investors. Whether you're aggressive, which means seeking higher returns in exchange for increased risk, or prefer a more conservative stance for lower risk and less volatility, we work to find the ideal balance within your comfort zone. We aim to achieve returns without subjecting you to undue stress and anxiety, creating a strategy that aligns with your unique risk tolerance.
Investment and tax strategies are intertwined. Gains in your portfolio directly impact your tax exposure. Depending on your needs, we can recommend and implement various tax-advantaged strategies, such as tax-deferred vehicles like traditional IRAs and annuities, potentially tax-free income options like Roth IRAs or municipal bonds, and tax-management strategies involving capital gains planning and coordination. The tax regulations are constantly changing, and future tax regulations and rates are unknown. We will consider history and current tax laws to try to position your portfolio to minimize the negative effect of taxes on your assets.
Assessing your current and future income needs ensures your investment strategy aligns with your financial objectives. Are you making a large purchase like a new vehicle or home in the next year, or five? Or is your focus on saving for retirement or some other long-term goal? These short and long-term purchases matter and should be factored into your investment strategy.
Unsure if your current investment strategy is the right fit for you, or do you lack a defined strategy altogether? Let's discuss it. Contact the Meyer Financial Services team today to initiate a conversation. We're here to guide you through the process, ensuring your investment strategy aligns seamlessly with your distinct needs and aspirations.
Contact us to schedule a complimentary, no-obligation consultation.
Phone:
Address:
Gainey Ranch Financial Center
7373 E. Doubletree Ranch Rd.
Suite 200
Scottsdale, AZ 85258
Advisory services offered through CreativeOne Wealth, LLC. Meyer Financial Services and CreativeOne Wealth, LLC are not affiliated. Licensed Insurance Professional.
Licensed Insurance Professional. We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice.
Investing involves risk, including the loss of principal. No Investment strategy can guarantee a profit or protect against loss in a period of declining values. Any references to protection benefits or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity products are backed by the financial strength and claims-paying ability of the issuing insurance company.
By contacting us, downloading booklets, or attending events, you may be offered a meeting to discuss how our insurance and other services can meet your retirement needs. The presenters of this information are not associated with, or endorsed by, the Social Security Administration or any other government agency.