Asset Allocation and Investment Trends with Trent Colledge, Afc® Cfp®

Where and how should you allocate? What’s typical among other affluent households when it comes to investing? We talk with a member of our team to help you understand our approach a little better.

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The View From The Pinnacle

Where and how should you allocate? What’s typical among other affluent households when it comes to investing? We talk with a member of our team to help you understand our approach a little better.

Click the timestamps below to fast forward to certain points of the episode.

 

Thing’s You’ll Learn Along Today’s Journey

When it comes to allocation, what are you trying to accomplish with your investments? What are your goals? On today’s podcast, Trent Colledge, Afc® Cfp®, joins Sean on the show to talk about asset allocation and trends regarding how America invests their money.

Investments are part of your financial plan, but it’s not all of it. Start with the end in mind. Knowing the purpose of your plan and what you need will help you better create your financial plan with your advisor.

What about systematic risk? This is the price you pay to be invested. Even if you have a well-diversified portfolio, there are certain risks you can’t diversify away from. Similar to driving in a car, you wear a seatbelt, you drive the speed limit, you have insurance, but there’s still risks that come with driving in a car. There are controllables and there are uncontrollables in life. What are you comfortable with when it comes to loss? And what is your actual capacity in terms of loss?

Where should your assets go when it comes to both allocation and location? Trent shares a few examples of how this can look. How do your taxes play a part in this decision?

In reviewing Vanguard’s study about How America Invests, there are a few key points worth considering. For starters, as investors age they generally take less risk. How does this play out, depending on your age?

What did most affluent households do in 2020? For the first half of the year, 48 percent traded while only 1 percent abandoned equities completely. Is this evidence of a clearly defined plan? Having a plan can help give you the clarity and confidence you need to alleviate the emotion that could come otherwise. 

Finally, fewer than 1 in 5 affluent households use target date funds. Why is that? These funds start off aggressive then move toward moderate and conservative as you near retirement age based on an algorithm. The target date funds might be good for younger investors who are just starting out, but as you hit a certain point with your assets, you may prefer customization to make sure your plan is meeting your needs.

Is your portfolio properly allocated and your plan suited to your needs? Reach out to Sean and his team to make sure your goals and your plan align.

Listen to the entire episode or click ahead using the timestamps below.

1:57 – What does it mean to “begin with the end in mind”?

5:05 – What is systematic risk?

8:35 – What is your capacity for risk?

10:30 – Where do you put your money?

13:15 – How does America invest?

14:56 – Most affluent households stayed the course in 2020.

17:59 – Should you use a target date fund?

 

Looking Back From The Mountaintop

When we have a clearly defined plan and we have allocation that matches what our goals, beliefs, values, and desires are on that plan, it hopefully takes some of the emotion out of the market.

-Sean Lee

 

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MEET YOUR HOST...

For over a decade, Sean Lee has helped families reach and maintain their financial goals. As a trusted advisor, he coaches and assists his clients with their financial goals by focusing on the fundamentals and takes a practical and personal approach when working with them.

As a trusted professional in Utah, Sean has been featured in The Wall Street Journal’s Market Watch, The Deseret News, The Salt Lake Tribune and USA Today. He has also been featured as a local financial advisor on Utah’s NBC station, KSL 5.

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