AANA Industry Learning Vault-Basic Tenets of Sound Long-Term Investing

Video Transcription

Video Summary

The presentation by Howard Capital Management, led by Jason Kaplan with Michael Whistle and Nate Whitaker, focused on the foundational principles of long-term investing. It emphasized the growing need for individual investment planning as traditional retirement income sources like Social Security and pensions become less reliable. Key topics included setting retirement goals, understanding risk tolerance, and diversifying with various asset classes such as cash, fixed income, equities, and alternatives. The speakers stressed the importance of starting early to take advantage of compounding and tax-free growth, and highlighted strategies for maintaining discipline amidst market volatility, such as dollar-cost averaging. The webinar also discussed the relative merits of passive versus active investment approaches, suggesting that both could have a place depending on individual risk tolerance and market conditions. They concluded by encouraging attendees to remain engaged in their financial planning due to the complex and evolving nature of investment management, and opened the floor for questions addressing tax efficiency and approaches to asset allocation as retirement nears.

Asset Caption

Recorded on Wednesday, November 13th, 2024
In partnership with Howard Capital Management

Keywords

long-term investing

investment planning

retirement goals

risk tolerance

asset diversification

market volatility

passive vs active investing

financial planning