In our Quarterly Client Advisory Board meeting we had a lengthy discussion regarding my position and philosophy on SMA (Separately Managed Accounts). These accounts are for Investors that have discretionary funds in a separate account for alternative investments, Individual stocks, etc. I shared the 3 recommendations over the last 18 months at the meeting. They have positive returns of +12.47%, +41.27% and +49.29%.
You may have heard the term "Alternative Investments" in the news recently and wonder "what the heck is that'? As usual, "it depends" on who you ask and what their definition is. So first and foremost; "what do you mean by Alternative Investments?"
At ChappelWood Financial Services (CFS) we define it as any investment that is anything other than traditional investments such as stocks, bonds, cash, property or insurance products.
At the top of this list is a Private Placement. During our last 22 years we have seen 1 or 2 every four or five years. We are now seeing 4 or 5 every couple of months. If you have ever wanted to be an Investor in a Movie, Web based Recreational Sports company, Products sold in Home Depot, Energy company, Physical Fitness products, Security Industry, etc now is the best opportunity. By the time I finish typing there will be another on my desk, in my email or by phone message. It should also be noted that one Board Member described the additional time, research and analysis as "a Lot of additional work!". I greatly appreciate his recognition because yes, it really, really is!
We can always discuss these opportunities in our next Quarterly Review and how appropriate they may or may not be for you. To discuss these opportunities before then simply call me at the office at 405 348-0909.
Hoping your summer continues to be filled with lasting memories!
- The Financial Diva
