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Building Wealth is More Science than Chance

The key to wealth building is planning and consistency.  
If you lack a plan:

• You will never know when you have arrived
• You will be unable to track your progress
• and know when a change is necessary

Most financial advisors will look at one aspect of your financial life: taxes, investments, retirement or estate issues. We look at the Whole YOU. We can help you manage your business, prepare your taxes and invest for the future. 
EVERYONE CAN BE A MILLIONAIRE IF THEY DO THREE THINGS:

• Start saving early
• Save first, and
• Save regularly

If you save $50 a week for thirty years and earned 10% (the stock market has historically averaged a 10% return over the long term) you would accumulate just under half million dollars.

Get your investments BACK ON TRACK

Consistent returns involve use of LONG TERM strategies as opposed to investing in the hot day-to day fads. Historical stock market returns have consistently outperformed other investment strategies. Working with you, we will design a plan that considers your "long-term" investment goals and your tolerance for risk and manage that portfolio. Ours is solution oriented not product oriented. Since we have no vested interest in any company or product we will choose the investment that is right for your situation that offers the lowest cost alternative. Many believe mutual funds are a no cost alternative. Actually, in many cases, individual securities may be utilized at a lower cost than mutual funds.

Diversification = Consistent Returns

Understanding the mix of investments available and being able to monitor and diversify is critical to portfolio survival and in reaping meaningful positive returns. Everyone would love to pick that one stock that doubles or triples. But experience has taught us that having a mix of high growth, stable growth, income and liquidity is more reliable than "betting the farm" on one "hot fad". The market has historically yielded 10% when invested for the long term. At 10% your capital doubles every 7 years. Look at the table. If you invest $2,000 in the first year of work and in each successive year and enjoyed a 10% return, by age 65 you would have over $1,000,000.

Be Selective in This Market

Selectivity is key. Holding positions in quality mutual funds, bonds or stocks over market ups and downs will determine the level of investment success. During the late nineties, whatever you chose it was pretty certain to rise. Companies with NO earnings were being purchased at astronomical valuations and investors continued to make money, UNTIL realization set in. Now, it is absolutely critical to be a stock picker.

The TEAM Approach

By combining a CPA with an investment expert, I have eliminated the confusion that typically exist between advisors when one is providing only tax advice and the other only investment advice.  Working together with you, we set out the program that fits YOUR needs.  I will not desert you by referring you to a broker but will manage the relationship with you in control while monitoring the tax issues as they relate to your investments.  

Since our approach is a long term approach (buy and hold) we reduce the cost of frequently buying and selling.  By holding quality names that are currently undervalued and holding them for a relatively long time, we avoid the anxiety of normal market fluctuations.  

I look at the whole you.  As your accountant/tax advisor I know you, your family and your business placing me in the ideal position to manage the investment strategy and your objectives.  

Contact me at: info@savinocpa.com

Why a CPA

 Among professionals, a CPA remains one of the most trusted advisors. Working with his clients, a CPA develops a keen sense for the client’s tolerance for risk and appetite for reward.  While maintaining an attitude for independence and separation from those forces that may cause others to make recommendations that are not in the best interest of the client’s needs and goals, a CPA functions well as an organizer, facilitator and pilot to negotiate through whatever maze you face.  These are the reasons Why a CPA is the professional you should have on your side.

Investment Advisor Agent

After passing the rigorous Series 65 exam, I am now free to offer investment advice.  Since I do NOT SELL ANYTHING, you may be assured that the advice I give is not motivated by my commission revenue but instead is intended to accomplish your investment objectives.
Working with a highly skilled and trusted LOCAL investment firm, we will design a program that matches your investment goals, timing and tolerance for risk.

Contact me at: info@savinocpa.com

Training & Experience 

  As business accountants and auditors, a CPA is skilled in gathering, analyzing and presenting complex issues that you can understand. Whether you are trying to decide how to fund your child’s education or the purchase of a major asset, a CPA is likely the place to begin.  Though other professionals may be necessary to prepare legal documents, purchase insurance or manage investments, a CPA is the one specialist that can be trusted to identify the objective, plan a course, and lead you through the process.  Though others may proclaim to be able to do it all, when it comes to analyzing complex situations, a CPA has the training and experience necessary.

If you are struggling with a situation that involves money, either protecting what you already have earned, or finding new ways to accumulate wealth, it is likely that a CPA will play a key role.  Whether you are considering a new business opportunity or planning your retirement, I can build the team necessary to accomplish your goal.

Contact me at: info@savinocpa.com