Monthly Archives: March 2010

A Change of Scenery

By Lon Jefferies | Published: March 31, 2010
Net Worth Advisory Group has been busy preparing to move to a new office location. As of April, our address is: Net Worth Advisory Group 9980 South, 300 West Suite 110 Sandy, Utah 84070 As always, we offer complimentary consultations to learn how we can add value to your financial planning efforts. Please stop [...]
Posted in Uncategorized | Leave a comment

What if Your Employer Offers a Weak 401(k) Plan?

By Lon Jefferies | Published: March 19, 2010
Recently, I developed several financial plans for clients who work for employers with weak 401(k) plans. These plans have few investment options, don’t offer proper diversification tools, and utilize mutual funds with poor track records. What did I advise these clients to do? It depends on the individual’s personality. Visit this link [...]
Posted in Uncategorized | Leave a comment

The Mutual Fund Funnel

By Lon Jefferies | Published: March 10, 2010
A financial plan should include an investment management section which outlines your strategy for managing your investment portfolio. First and foremost, this section should identify an appropriate asset allocation mix between stocks, bonds, and cash. This mix should coincide with the investors’ risk tolerance. Next, the plan should determine a diversification strategy that outlines how [...]
Posted in Uncategorized | Leave a comment

The Benefits of Financial Planning — Investment Management

By Lon Jefferies | Published: March 10, 2010
One of the major components of a financial plan is a complete, objective analysis of your investment portfolio. Note, a portfolio analysis is only one element of a comprehensive financial plan. If your financial advisor presents you with a review of your investments but not a retirement, insurance, estate, and tax analysis, you do not [...]
Posted in Uncategorized | Leave a comment

The Hidden Costs of Mutual Funds

By Lon Jefferies | Published: March 1, 2010
According to the Wall Street Journal, the average U.S. stock mutual fund has an expense ratio of 1.31%. Investors pay these fees to compensate a mutual fund manager and cover operating expenses. However, the expense ratio isn’t the only fee investors must pay when owning a mutual fund. Trading costs, which aren’t required to be [...]
Posted in Uncategorized | Leave a comment