Issue 39: Planning for the Hard Times
January 2023
I’m gonna let you in on a little secret. Want to know the hardest part about investing for the long-term? It’s investing for the long-term. Outside of the 6-9 months after the outbreak of COVID, the prior decade will be remembered as a period of easy money and benign markets. 2022 marked a paradigm shift. So what does that mean for you?
Rather than my usual spiel about playing for the long-term, I’m going to use this issue to highlight a service of mine I don’t often discuss, financial planning! With everything that transpired in the markets in 2022, I believe right now represents the best opportunity to jumpstart or refresh your financial plan since I started Spring City Partners in 2018. To help you in that process, I am offering a detailed Financial Plan by Spring City Partners for $500 until 6/30/23.
Interested in learning more, read on.
What exactly is a Financial Plan? Well Meriam dictionary defines … I kid
A Financial Plan at Spring City Partners analyzes your current financial picture, a snapshot of your investing profile, short and long-term financial goals, projections for how your assets can grow, suggestions on how to optimize savings, and tax strategies.
The workflow looks something like this
1. Initial Phone Call
Call with individual to introduce myself and get an understanding of current financial situation and goals.
2. Data Collection
Client follows checklist provided by SCP to gather pertinent documents. Once data is gathered, client sends documents to SCP for analysis.
3. Create Financial Plan
SCP aggregates your financial picture into an easy to follow Plan. Analysis is centered on optimizing for savings, investing, and taxes.
4. Plan Review
Final call with client to review financial plan discussing ways to optimize savings, taxes, and investing. Client responsible for executing plan.
The Scenario below is a snapshot of the type of analysis I perform when creating a Financial Plan. These Scenarios are the focal point of the project providing you a roadmap to help you reach your short and long-term financial goals.
Are you confident in your investment strategies ability to reach your financial goals? Chances are the strategies used in the past decade may not be optimal for the next. That is why I believe now represents a really important time to take advantage of this opportunity and develop a financial plan.
Interested in taking advantage of this opportunity, you know where to reach me.
Go Birds!