@cullenroche After building out was usually results in an 85/15 portfolio, we have no issue selling exclusively equity in bull markets. If larger capex goals come along, then we will sell what are usually high quality short duration to keep the liability consistent with cash flows. 👍
@cullenroche Good stuff. I use eMoney for the visual representation of the liability. It helps clients see the outflows. I also encourage them to see their investments as a ‘being/species’ that serves them. 😆
Where I may differ is implementation of the on going strategy.
@AdvisorJobs Remains to be seen with enough sample size, but I think the PE firms just want a margin to turnaround and sell to someone else. I think they will pay the now lead advisor a salary that keeps them. E.g. manage $1mm in revenue and get paid 300k a year. Thoughts?
@BOSSportsGordo I disagree, they gave that money to Bayern Leverkusen. They are rotating out of baseball and into Liverpool/soccer. Follow the big moves.
@AdvisorJobs This is a lone wolf profession if you want to be happy. All this team and bigger is better is utter BS. Can’t do it anymore, but Commonwealth incentive conferences are full of happy lone wolfs having the time of their lives.
@Founder_Mode_ To all saying it’s not human like, who cares? Is it effective?
I cancelled a credit card with a bot a year ago and it was blankly obvious, but highly effective.
Are you expecting the bot to rizz you up 🤣
@Sch_PTL @NathanAClark I had to double take a few times that game seeing his #37 that high up.
I think Frank is a blessing to VDV's hamstrings, but this tactic is playing with fire.
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