Investment Management Process

5 Steps
 
● Career Path

● Family Plan for
   Dependents

● Other Investments

● Values for
   Investment
   Counsel

● Vision of Personal
   Wealth
   Development
● Determine
   Expected Return

● Assess Risk
   Tolerance

● Include Tax
   Situation
● Measure
   Changing
   Expectations

● Relative Values
   of Industries

● Interest Rate
   Forecasts

● Monitor Global
   Trade Patterns
Compute
Expected Rates
of Return
● Stocks
● Commodities
● Bonds
● Cash

Determine Yield Spread
● Bonds vs
   Earnings
● S&P 500

Fixed Asset Mix
● Stocks
● Bonds
● Cash
● Commodities
● Choose Stocks
   from diverse
   Industry Groups

● Position Bonds
   with Long or Short
   Maturity Dates

Find Value within the Bond Market
● Government
● Corporate
● Mortgage
SAMPLE ACCOUNT PROFILE SAMPLE ACCOUNT PROFILE
Objective
Risk Tolerance
Tax Level		 Balanced
Low
28%		   Cash
Commodities
Bonds
Stocks		 10%
10%
30%
50%