Most of our clients are over 55 and know what they want. But sometimes people are referred to me that simply want to know how their investments can help their family. Until you understand what money really is, raw material to live a life, can you appreciate and respect the investment process? How about I share with you what I do to take care of my family?
Take a step back and look towards the future now that a frustrating election cycle has ended. We have been in a media lock down where everything from your morning commute to retirement portfolio has been politicized. Let me explain the real long-term effects of what just happened.
"The industry is expecting clients to feel better and better about letting a computer know what is best for them but it isn’t working! How can a computer ever know that you work two jobs, or just had a baby, or just retired from 30 years of service from a company with complicated pension schemes? How can a computer know that you have multiple streams of income and your portfolio is only one of them? How can it know what your Social Security strategy is?"
We make use of volatility, rather than react to it with fear.
Lee points out that every corporation should have the right to competitively price their products. It can cost up to $3 billion to create a patented drug, companies have a short time before cheap generic knockoffs can be sold and take away profitability.
The Business Journal in Albuquerque, New Mexico—called Albuquerque Business First–expanded their list of the largest private companies this year, and we’re proud to announce that we were number 76, which is not bad, considering that the Top 50 did a combined $7 billion in revenue!
Lee Munson, co-founder and chief investment officer of Portfolio Wealth Advisors, investigates GDP.
Ashley Webster (@AshWebsterFBN) filled in for Liz Clayman (@LizClaman) to interview Lee Munson, Founder and Chief Investment Officer of Portfolio Wealth Advisors on Fox Business Network’s hit show Countdown To The Closing Bell. We asked Munson his thoughts right after the interview.
Social Security Made SIMPLE, a free seminar by Certified Financial Planner and national financial expert Lee Munson, CFA, CFP®
Lee Munson was interviewed in the May 6th edition of Albuquerque Business First. He attributes his success as co-founder and chief investment officer of Portfolio Wealth Advisors to always being himself, and putting forth all the effort required to “not only be an expert in your industry, but an industry expert.”
