presented by: david s. richmond, clu, chfc chairman & chief investment officer kira l. buffa...
Post on 01-Apr-2015
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Presented by:
David S. Richmond, CLU, ChFCChairman & Chief Investment Officer
Kira L. BuffaMarketing Associate
Richmond Brothers is a licensed Investment Advisor Representative in the states of Arizona, Colorado, Florida, Iowa, Kentucky, Michigan, North Carolina, Ohio and Texas
Licensed to sell securities, annuities, & insurance Affiliated with Sammons Securities Co.®, LLC,
member FINRA/SIPC & Midland National Richmond Brothers Financial Management
Specialists, Inc. offers securities through Sammons Securities Co.®, LLC, member FINRA/SIPC
Fee-based investment advisory services offered through Sigma Planning Corporation, a registered investment advisor
Richmond Brothers offers securities through Sammons Securities Co.®, LLC, member FINRA/SIPC. The broker/dealer for Midland National’s variable products is Sammons Securities Co. Sammons Securities Co. is a registered broker/dealer under the Securities Exchange Act of 1934. Sammons Securities Co. is an indirect wholly owned subsidiary of Sammons Enterprises, Inc., of Dallas, Texas, the ultimate parent company of Midland National.
This is not intended to be a sales seminar. The purpose of this Webinar is to provide you with general information on investment tips
There will be an opportunity to schedule an appointment for an individual consultation at the end of this Webinar which may result in a recommendation of specific financial products that may help you achieve your financial goals
There is no obligation to schedule an appointment or purchase a product
Guidelines for Investing
Overview
Lose the hedge fund mentality and invest for the long term
SHAKE
you out of a good, long-term thesis
Following a stock picker means STICKING WITH THEM
Don’t mind your winners, mine them!
Continue to monitor your theory, your patience may be rewarded!
Buy investments to be held for several years
Make sure they have specific purpose in allocation of portfolio
*Diversification does not ensure a profit or guarantee against loss; it is a method used to help manage risk
If all of your holdings If all of your holdings are up about the are up about the same percentage same percentage (correlating to the (correlating to the market), you are market), you are probably not probably not adequately adequately diversifieddiversified
About 50% of stock’s About 50% of stock’s return is due to the return is due to the sector and not the sector and not the individual companyindividual company
Source: Real Money, written by Jim Cramer
Buy stocks in sectors you believe in
Remember: there is a large variety of good sectors to diversify* into
*Diversification does not ensure a profit or guarantee against loss; it is a method used to help manage risk
Choose sectors Choose sectors that might work & that might work & focus on the best focus on the best companies in companies in those sectorsthose sectors
Disclaimer: This chart is not meant to represent any particular security, it is for illustrative purposes only
If possible, have 5% cash on hand
What are the What are the indicators?indicators?
Will indicators Will indicators tell me in tell me in advance of advance of movement?movement?
Be aware of how much you can lose
Scale out on the way up
Invest into things that have not recovered yet
Remember: A Remember: A dollar of cash flow dollar of cash flow can be spent or can be spent or reinvestedreinvested
A dollar of A dollar of appreciation can appreciation can only depreciate only depreciate
Make a plan and stick with it (once you’ve done your research)
Don’t let your emotions or short term news get in the way of your plan
Invest in what you know Know the risks Make sure you have cash flow in the
distribution phase
E-mail Kira at kira@richmondbrothers.com or
Call toll-free (877) 467-2367 ext. 17
Thank you for joining us!
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