Investment Philosophy

WE BELIEVE 
That there are five asset classes in the world today:

1. Cash – Money Market, CDs, & T-Bills
2. Real Estate - REITS & Real Property 
3. Stocks - Domestic, International, Small, Large, Value & Growth
4. Bonds - Government, International, Corporate, Municipal & High  Yield
5. Commodities - Oil, Gas, Currencies, Precious Metals, etc.

WE BELIEVE 
Each asset class provides an opportunity for return

WE BELIEVE 
That risk taken is as important as expected return

WE BELIEVE
That risk can be reduced by diversifying within the 5 asset classes.

WE BELIEVE 
That macro-economic conditions such as: Interest Rate Changes, Currency Changes, Globalization, Economic Recession or Growth, can have a positive or negative impact on each of the 5 Asset Classes as well as each different sub-category with in the asset classes.

THEREFORE
In structuring an investment recommendation or portfolio we reconcile the following components that can affect risk and return: :

1. The client’s risk tolerance and investment experience
2. Investment time horizon
3. The current Macro-Economic enviroment and it’s impact on the asset classes
4. The client’s income tax situation to achieve maximum tax efficeincy for the investment portfolio.

IF AND WHEN ANY OF THE ABOVE COMPONENTS CHANGE, THEN A REVIEW OR RE-ALLOCATION IS WARRANTED.