Low interest rates are meant to stimulate economic growth by making it cheaper to borrow money to invest in physical and financial assets. Of course, there are always two sides to every story and with the increased ease of borrowing money brings the reduced return on investment.
With interest rates at tremendously low levels, we believe that you should be cautious in the average maturity to protect against rising interest rates. The FED has been raising rates recently and there has been discussion about increasing inflationary pressures which would indicate additional increases in rates.
A prudent approach to portfolio construction and focus on long term investing is the best process to follow. If you’re interested in learning more about our financial approach, contact our team today. Let’s Talk.
When we started our business, we had a goal, to provide our clients the service they need with a singular focus on them, not on any products or external motives. We believe we accomplish that goal like this:
Attention – We believe that a partnership requires open communication about the details of your life that makes your story unique. To truly understand the dreams and goals of our clients, we must be dedicated and focused on listening to your story.
Diligence – Our foundation in service is built upon delivery of services based on your needs. Hard work is at the core of everything we do. We pride ourselves on our dedication to service, and we strive everyday to embody the motto of our founders’ alma mater, Virginia Tech, “Ut Prosim” – That I may serve.
Experience – We have been honored over the years to serve clients with their diverse financial needs. We work with families and individuals on their personal finances, foundations and trusts on their institutional investments, and small businesses on their retirement plan needs. We strive to build trusted relationships, so that you are able to focus on things that are more important to you such as your family and career.
So, whether you’re looking for help in a fiduciary role, retirement planning, financial planning, or any other of the services that we provide, our team is here to help you and give you the attention, diligence and experience that you need to help you accomplish your goals.
You’ve crossed the threshold and now you want to offer your employees a retirement plan, that’s great! Or, perhaps, you want to evaluate the current retirement plan you offer for your company to see if it’s best for all parties. These decisions can be tough ones and we’re happy to help.
Here’s some facts you need to know:
The more your company grows, the less options are available to you – Once you have 10 to 15 employees, your retirement plans really boil down to two options, IRA and 401k. Both are great options with desirable benefits, but if you have higher earning employees, who can invest more, a 401k will probably be the better choice.
The 401k Discrimination Test – Offering a 401k to your employees means that you will have to pass the Department of Labor discrimination test, completed by a ton of paperwork, that could limit how much your employees can contribute to their plans.
Avoiding The Discrimination Test Could Mean Higher Costs To you – If you’re interested in offering a 401k to your employees, there is a “safe-harbor” provision available that would allow you to offer a 401k. The requirement is that you, the employer, must contribute at least 3% of pay to all participants accounts regardless of whether the participant contributes.
Obviously, there are many more factors to consider that will help you in your decision. We’re here to help you make sense of all the information and help you make the decision that is best for you. If you would like to know more, let’s talk!
Do you attempt to take advantage of opportunity? Most of us do. It’s how we can move from where we are to where we want to be. Do you view our current investment picture as an opportunity?
Coming out of our recession, the US economy is strong and continues to grow. There is currently no anticipation of a recession in the US. While growth has not been at a significant pace, a 2% annual growth in the US adds over $350 billion in growth which is more than the total economy of many countries including Austria, Finland and Denmark.
This means that there are investment opportunities locally as well as a buoying of international markets. To make sure your investments and assets are being managed accordingly, it’s important to make sure you are taking a comprehensive look.
If you’re not sure if you’re positioned to take advantage of the growth of the US economy, then let’s talk.
We established our business as an independent fee only registered investment advisor. Our goal was to remove conflicts of interest that exist by being paid commissions for selling products. As a result we strive to deliver independent guidance and exceptional service for our clients.
Or, more simply put, we’re not looking to sell you something you don’t need. We’re not motivated by commissions on products that meet our goals and not yours. We’re motivated by bringing exceptional service to our clients and by bringing a team effort with extensive experience and an open ear to hear what matters to you.
If you’re interested in learning more about how Courage Miller can help you, contact our team today. We’d love to talk with you.
Hard work is at the core of everything we do. We pride ourselves on our dedication to service and strive everyday to embody the motto of our founders’ alma mater Virginia Tech, “Ut Prosim” – That I may serve.