Englewood, New Jersey – The elephant has entered the room.
After years of a bull market and enthusiastic investing, many investors are currently experiencing their first down market. Some lose sleep over this situation. Others frantically look at their statements.
“This is typically the normal reaction,” said Jason Blumstein, CFA®, and founder of financial and investment advisory firm Julius Wealth Advisors, LLC (www.juliuswealthadvisors.com ). “But it’s also typically not the time to panic or even lose sleep over. The current situation is historically part of the ebbs and flows of investing and creating long-term wealth.”
Blumstein has been seeking to bring this calming influence to clients for years with a wealth-building strategy that is guided by his focus on “financial literacy”.
“It’s important for clients to stay the course during good and bad times, with a recognition that these cycles happen,” he said. “I continually stress to clients that we expect to be successful over time, but not all the time. This is also why I look to lead with knowledge. As I’ve found that if someone understands something, they have a higher probability of sticking with it!”
That’s why Blumstein leads with knowledge. As he’s found that if someone understands something, they have a higher probability of sticking with it. He looks to encourage clients to continue investing rather than stopping and waiting for things to turn around.
“We educate our clients on the importance of investing in high-quality companies,” he said. “Even these companies will experience downturns. During these times, you can typically buy interests in strong companies at discounted prices. “It’s important to not stop the miracle of compounding and to own high-quality assets for decades, not days.”
Blumstein focuses on this financial literacy, whether it’s with a young couple combining finances at the start of a marriage, small business owners looking to build wealth outside their business, and athletes/entertainers looking to build a nest egg for when their careers end.Blumstein’s plans are customized to a client’s needs and timeframes. The process involves: A philosophy guided by the principles of Warren Buffett and Jack Bogle which emphasizes owning high-quality assets for decades, not days, while seeking downside protection and controlling the drag of cost and taxes.
Research and invest in assets that exhibit certain quantifiable characteristics that have been demonstrated to deliver more favorable long-term, risk-adjusted returns – not every time, but over time.
Ascertain an investor’s needs, ability and willingness to own a business. The goal is to personalize a solution that meets unique situations, allowing the clients to stay the course with long-term peace of mind Throughout the process, Julius Wealth Advisors, LLC,places a premium on relationships with clients who look to the firm for guidance during good and difficult times.
Julius Wealth Advisors, LLC, is built on three pillars -- integrity, knowledge and passion. The firm’s services include behavioral coaching, financial planning and investment management.
“Unlike the typical financial and investment advisor,” said Blumstein, “we believe in offering more than just numbers on a quarterly report. We are here to help you identify long-term financial goals and create a tailored plan to achieve them. Plus, we offer behavioral coaching to support better decision making in the future.”
Blumstein also points out these plans change as lives and personal situations change. These can include marriage, becoming parents, an illness, a divorce, career change, and ultimately financial freedom. Regardless of these situations, Julius Wealth Advisors, LLC, stresses the disciplines necessary to reach any of these goals.
For More Information :- http://www.juliuswealthadvisors.com/