What happens when an investor pulls money from their portfolio? Brent Ford says investors sometimes don’t understand the ripple effect on the sequence of returns. When an account value decreases from a market downturn or a planned withdrawal, it takes a lot more effort to regain ground in the account. He says drawdowns are inevitable and his firm manages to that reality. Benefit Wealth Partners prefers to have a deeper relationship with clients that goes beyond taking orders and being transactional.
For more Right on the Money: click here
To learn more about Brent Ford, visit: his website.
Investment Advisory Services offered through Retirement Wealth Advisors Inc. (RWA) a Registered Investment Advisor. Benefit Wealth Partners and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.
This information is designed to provide general information on the subjects covered, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Benefit Wealth Partners and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney.
Licensed Insurance Professional. Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Any references to protection benefits or lifetime income generally refer to fixed insurance products. They do not refer, in any way to securities or investment advisory products or services. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by Retirement Wealth Advisors Inc.