This past Monday, I noted a major reorganization had begun for me and my companies.
A critical factor that clearly has to be dealt with, is to communicate in a much clearer fashion, the distinction between my two companies and what we do and don’t do in the financial services arena. Too many have assumed we’re just counselors and confidantes to sports celebrities; when in fact, much more of our time and effort is assisting the general public on matters of finance.
In order to do a better job, we decided we need to build a more modern website and improve corporate communications materials. We’ve begun that process and hope to have it all done by early 2017.
For now, I like to summarize our services here and to welcome so many recent new clients and followers to read past commentaries, listen to previous select interviews, and most of all, to keep us in your prayers that we remain true to our faith in such a critical time in the financial markets and our country.
What We Do – We believe the vast majority of financial plans are badly flawed because they all make assumptions on four factors that none of us can correctly forecast consistently, and over a long period of time:
- Interest rates
- Inflation rates
- Tax rates
- Rates of Return
Sooner or later, one or more of these factors will end up being calculated wrong in one’s financial plans
Because none of us know the future, we concluded that active money management of stocks and bonds is a futile effort. Nobel Prize Laureates have clearly demonstrated that the vast majority of money managers, underperform versus low-cost, diversified index funds. And the small minority who outperform one year, almost always never the next. Therefore, our equity and bond team professionals only use low-cost index funds for the vast majority of our clientele.
The process we use is driven by identifying inefficiencies everyone has due to chasing increasing “net worth”, and instead teach, and use, proven “cash flow” methods that add real wealth, improve lifestyle, with usually far less risk one is presently undertaking
In an era of trying to be all things to all people, we instead take a team approach, where upon experts from the many different areas of finance work with our clientele, all contributing the best they have to offer so our clients operate at maximum effectiveness.
What We Don’t Do – Simply put, we don’t turn a Chevy into a Mercedes. We’re not the people to come to if you want to turn a thousand dollars into a million.
We welcome those who like to learn more to contact us and also suggest reading the following:
We also encourage you to visit our download section to read many of my past special writings and interviews. Please visit here
Pete Speaks is where I make my comments related to the financial world. You will find my sports related comments on this blog. You need to make sure you sign up at each site for now to receive them. Expectations are both companies will be incorporated into just website come 2017.
Thank you for taking the time to read this and have a most blessed weekend.