We've now covered two areas in our style box and if you have trouble deciding which way to go, there is an alternative. Yes there is a third style box. Blend. Before you think that the portfolio manager cannot decide...
Note: Albany.com is not responsible for posts and comments written by non-staff members.
Growth In Your Investments
We are in the process of identifying different types of investments for your Business Succession Plans. Our last post reflected on VALUE investing. In this sector, we focus are stocks/funds that are selling below what their real price is. Our...
Adding Style To Investments For Your Business Succession Plan
One area commonly used method to accumulate wealth for your Business Succession Plan is investing in mutual funds. Now please don't get turned off by the often misunderstood and over looked investment. Things and times have changed to make it...
You Versus The IRS
We cannot emphasis enough the importance of a fair and realistic value of your business. This is true regardless of the type of business you own. Proper valuation for a sole proprietor is just as important as it is to...
Let’s Talk Diversification
When discussing diversifying your portfolio for a business succession plan, BE CAREFUL. Here's a true story that just happened to me. In reviewing a clients' portfolio he said, "Look. I have Microsoft, Apple, Google and GE. I'm diversified". Well...
Initial Key Tips on Investing
When I started my company some thirty years ago, I was fortunate to have a seasoned mentor 'show me the ropes'. The advice he gave me those thirty years ago, still hold true. There are four (4) basic truths. ...
I Do Not Want Any Risk On My Investments
Frequently clients tell me when investing for their business succession plan, I do not want to take any risk. I always respond with another question. "Where will you invest then?" Most people will say, "In the bank where my money is...
A Trust You Can Not Change
Recently we've been discussing how TRUSTS can be used to develop a Business Succession plan. We noted that a technique often used is a Revocable Trust. Here the word revocable is key. This means that you can change, alter and...
Some Guidelines In Starting A Revocable Living Trust
I'd first decide what assets you'd like to transfer to your Trust. These would include investible assets such as mutual funds, stocks, bonds real estate and perhaps Cash. I would suggest you name yourself as the TRUSTEE and BENEFICIARY. As...
One Type of TRUST for your Businesss
The first TRUST we will cover is a Trust you can change, A Revocable Trust. We should begin with what exactly a TRUST represents. A TRUST is actually a legal agreement. In this arrangement, you, The Grantor, set certain properties...